GEF-B Stock | | | USD 75.59 0.29 0.38% |
Greif financial indicator trend analysis is much more than just examining Greif Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greif Inc is a good investment. Please check the relationship between Greif Capex To Depreciation and its Ptb Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greif Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Capex To Depreciation vs Ptb Ratio
Capex To Depreciation vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Greif Inc Capex To Depreciation account and
Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Greif's Capex To Depreciation and Ptb Ratio is -0.38. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Greif Inc, assuming nothing else is changed. The correlation between historical values of Greif's Capex To Depreciation 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 Capex To Depreciation of Greif Inc 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 Capex To Depreciation i.e., Greif's Capex To Depreciation and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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 Greif's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greif Inc 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greif Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, Greif's
Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 11.98, whereas
Selling General Administrative is forecasted to decline to about 348
M.
Greif fundamental ratios Correlations
Click cells to compare fundamentals
Greif Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greif fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Greif Stock
Balance Sheet is a snapshot of the
financial position of Greif Inc at a specified time, usually calculated after every quarter, six months, or one year. Greif Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Greif 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 Greif currently owns. An asset can also be divided into two categories, current and non-current.