First Book Value Per Share vs Ptb Ratio Analysis
| FCR-UN Stock | CAD 17.79 0.02 0.11% |
First Capital financial indicator trend analysis is much more than just examining First Capital Real latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Capital Real is a good investment. Please check the relationship between First Capital Book Value Per Share and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Capital Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For information on how to trade First Stock refer to our How to Trade First Stock guide.
Book Value Per Share vs Ptb Ratio
Book Value Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Capital Real Book Value Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between First Capital's Book Value Per Share and Ptb Ratio is -0.83. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of First Capital Real, assuming nothing else is changed. The correlation between historical values of First Capital's Book Value Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of First Capital Real are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Book Value Per Share i.e., First Capital's Book Value Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from First Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Capital Real current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Capital Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For information on how to trade First Stock refer to our How to Trade First Stock guide.The current year's Enterprise Value is expected to grow to about 8.6 B, whereas Selling General Administrative is forecasted to decline to about 39 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 412.5M | 425.5M | 425.3M | 304.2M | Total Revenue | 674.9M | 693.1M | 688.0M | 476.4M |
First Capital fundamental ratios Correlations
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First Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Capital fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 10.2B | 10.0B | 10.1B | 9.6B | 9.2B | 5.7B | |
| Short Long Term Debt Total | 4.7B | 4.8B | 4.4B | 4.1B | 4.1B | 3.1B | |
| Other Current Liab | 69.3M | 67.1M | 59.8M | 75.2M | 70.5M | 72.3M | |
| Total Stockholder Equity | 4.4B | 4.2B | 4.6B | 4.3B | 3.9B | 2.4B | |
| Net Debt | 4.7B | 4.7B | 4.4B | 4.1B | 4.0B | 2.7B | |
| Retained Earnings | 1.6B | 1.4B | 1.7B | 1.4B | 1.1B | 1.2B | |
| Non Current Assets Total | 9.8B | 9.6B | 9.6B | 9.1B | 8.6B | 5.5B | |
| Common Stock Shares Outstanding | 230.8M | 220.5M | 220.8M | 213.5M | 212.2M | 161.3M | |
| Liabilities And Stockholders Equity | 10.2B | 10.0B | 10.1B | 9.6B | 9.2B | 5.7B | |
| Non Current Liabilities Total | 5.2B | 5.2B | 4.6B | 4.4B | 4.5B | 2.9B | |
| Other Stockholder Equity | (1.6B) | (1.4B) | (1.7B) | (1.4B) | (1.1B) | (1.1B) | |
| Total Liab | 5.7B | 5.8B | 5.4B | 5.2B | 5.2B | 3.3B | |
| Short Term Debt | 289.9M | 326.8M | 570.6M | 557.5M | 471.4M | 383.4M | |
| Total Current Liabilities | 500.9M | 551.9M | 791.3M | 797.5M | 698.4M | 477.0M | |
| Property Plant And Equipment Net | 11.7M | 10.0M | 7.7M | 6.6M | 7.2M | 6.8M | |
| Accounts Payable | 103.7M | 120.5M | 120.6M | 125.4M | 115.6M | 100.4M | |
| Cash | 25.5M | 100.4M | 34.7M | 32.7M | 87.4M | 91.8M | |
| Non Currrent Assets Other | 9.7B | 9.5B | 9.2B | 8.7B | 8.2B | 5.1B | |
| Cash And Short Term Investments | 29.5M | 104.2M | 74.1M | 36.0M | 90.2M | 94.7M | |
| Net Receivables | 97.6M | 119.9M | 143.9M | 66.1M | 94.1M | 78.3M | |
| Total Current Assets | 314.1M | 482.4M | 556.9M | 473.4M | 567.4M | 595.8M | |
| Accumulated Other Comprehensive Income | (7.8M) | (43.6M) | (18.8M) | 14.5M | (3.1M) | (3.0M) | |
| Other Current Assets | 176.8M | 184.2M | 182.8M | 213.3M | 190.9M | 132.3M | |
| Inventory | 10.2M | 74.2M | 156.0M | 157.9M | 192.1M | 201.7M | |
| Current Deferred Revenue | 38.0M | 37.5M | 40.2M | 39.4M | 40.9M | 36.5M | |
| Short Term Investments | 3.9M | 3.7M | 39.4M | 3.3M | 2.8M | 2.7M | |
| Common Stock | 2.9B | 2.9B | 2.9B | 2.8B | 2.8B | 3.1B | |
| Other Liab | 714.7M | 709.7M | 776.0M | 812.9M | 934.8M | 809.0M | |
| Net Tangible Assets | 4.4B | 4.2B | 4.6B | 4.3B | 3.9B | 3.6B | |
| Other Assets | 86.7M | 44.2M | 128.0M | 8.7B | 10.0B | 10.5B | |
| Long Term Debt | 4.4B | 4.5B | 3.9B | 3.6B | 3.6B | 3.1B | |
| Deferred Long Term Liab | 3.9M | 3.0M | 3.0M | 3.5M | 4.0M | 3.2M | |
| Long Term Investments | 75.8M | 79.1M | 355.3M | 366.7M | 415.9M | 248.6M | |
| Short Long Term Debt | 289.9M | 326.8M | 570.6M | 557.5M | 471.4M | 470.0M | |
| Property Plant Equipment | 9.7B | 9.4B | 9.1B | 6.6M | 6.0M | 5.7M | |
| Capital Lease Obligations | 10.0M | 9.4M | 8.8M | 8.1M | 8.4M | 7.3M | |
| Net Invested Capital | 9.2B | 9.0B | 9.0B | 8.4B | 8.0B | 7.1B | |
| Net Working Capital | (186.9M) | (69.6M) | (234.4M) | (324.2M) | (131.0M) | (137.5M) | |
| Capital Stock | 2.9B | 2.9B | 2.9B | 2.8B | 2.8B | 2.4B |
Pair Trading with First Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to First Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Capital Real to buy it.
The correlation of First Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Capital Real moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in First Stock
Balance Sheet is a snapshot of the financial position of First Capital Real at a specified time, usually calculated after every quarter, six months, or one year. First Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.