GMV Ptb Ratio vs Book Value Per Share Analysis

GMV Stock  CAD 0.14  0.01  7.69%   
GMV Minerals financial indicator trend analysis is much more than just examining GMV Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GMV Minerals is a good investment. Please check the relationship between GMV Minerals Ptb Ratio and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMV Minerals. 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.

Ptb Ratio vs Book Value Per Share

Ptb Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GMV Minerals Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GMV Minerals' Ptb Ratio and Book Value Per Share is -0.25. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of GMV Minerals, assuming nothing else is changed. The correlation between historical values of GMV Minerals' Ptb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of GMV Minerals are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., GMV Minerals' Ptb Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

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.
Most indicators from GMV Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GMV Minerals 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 GMV Minerals. 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 this time, GMV Minerals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 10.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 591.9 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income1.1K2.1K15.1K15.9K
Net Interest Income1.1K2.1K15.1K15.9K

GMV Minerals fundamental ratios Correlations

0.041.00.93-0.67-0.2-0.180.620.930.6-0.180.57-0.240.050.59-0.210.02-0.290.570.44-0.460.650.590.640.590.62
0.040.030.10.16-0.240.83-0.170.07-0.160.150.1-0.011.0-0.14-0.290.530.090.180.230.030.020.230.090.090.12
1.00.030.93-0.67-0.19-0.190.620.930.6-0.180.57-0.240.030.59-0.20.01-0.290.560.43-0.470.650.590.630.580.62
0.930.10.93-0.57-0.36-0.110.470.990.45-0.270.77-0.280.130.44-0.280.01-0.350.720.55-0.290.690.670.720.770.73
-0.670.16-0.67-0.570.00.23-0.97-0.55-0.980.16-0.16-0.150.14-0.960.290.040.07-0.08-0.180.59-0.160.02-0.15-0.13-0.13
-0.2-0.24-0.19-0.360.0-0.060.08-0.290.070.25-0.720.23-0.260.070.79-0.10.1-0.6-0.15-0.6-0.68-0.69-0.7-0.72-0.59
-0.180.83-0.19-0.110.23-0.06-0.2-0.14-0.20.34-0.20.070.83-0.17-0.230.650.25-0.010.0-0.06-0.25-0.04-0.24-0.16-0.29
0.62-0.170.620.47-0.970.08-0.20.450.99-0.090.00.19-0.170.99-0.27-0.02-0.02-0.040.05-0.650.07-0.110.02-0.01-0.01
0.930.070.930.99-0.55-0.29-0.140.450.43-0.240.76-0.320.10.41-0.180.0-0.370.730.57-0.30.680.660.710.760.73
0.6-0.160.60.45-0.980.07-0.20.990.43-0.15-0.010.26-0.160.99-0.29-0.040.03-0.060.05-0.650.05-0.130.01-0.020.0
-0.180.15-0.18-0.270.160.250.34-0.09-0.24-0.15-0.33-0.440.14-0.090.30.310.09-0.110.090.01-0.11-0.17-0.21-0.22-0.47
0.570.10.570.77-0.16-0.72-0.20.00.76-0.01-0.33-0.490.13-0.02-0.33-0.03-0.360.90.520.370.860.860.920.980.92
-0.24-0.01-0.24-0.28-0.150.230.070.19-0.320.26-0.44-0.49-0.020.25-0.24-0.160.25-0.61-0.29-0.39-0.63-0.56-0.58-0.57-0.4
0.051.00.030.130.14-0.260.83-0.170.1-0.160.140.13-0.02-0.14-0.30.520.080.210.260.040.020.230.10.120.14
0.59-0.140.590.44-0.960.07-0.170.990.410.99-0.09-0.020.25-0.14-0.3-0.030.02-0.070.08-0.640.05-0.13-0.01-0.03-0.03
-0.21-0.29-0.2-0.280.290.79-0.23-0.27-0.18-0.290.3-0.33-0.24-0.3-0.3-0.09-0.04-0.170.04-0.13-0.29-0.3-0.29-0.31-0.21
0.020.530.010.010.04-0.10.65-0.020.0-0.040.31-0.03-0.160.52-0.03-0.090.480.31-0.20.080.110.180.050.07-0.11
-0.290.09-0.29-0.350.070.10.25-0.02-0.370.030.09-0.360.250.080.02-0.040.48-0.22-0.490.04-0.25-0.32-0.31-0.32-0.42
0.570.180.560.72-0.08-0.6-0.01-0.040.73-0.06-0.110.9-0.610.21-0.07-0.170.31-0.220.490.360.890.910.890.950.82
0.440.230.430.55-0.18-0.150.00.050.570.050.090.52-0.290.260.080.04-0.2-0.490.49-0.020.370.440.460.510.51
-0.460.03-0.47-0.290.59-0.6-0.06-0.65-0.3-0.650.010.37-0.390.04-0.64-0.130.080.040.36-0.020.360.370.370.390.28
0.650.020.650.69-0.16-0.68-0.250.070.680.05-0.110.86-0.630.020.05-0.290.11-0.250.890.370.360.940.970.920.84
0.590.230.590.670.02-0.69-0.04-0.110.66-0.13-0.170.86-0.560.23-0.13-0.30.18-0.320.910.440.370.940.940.90.88
0.640.090.630.72-0.15-0.7-0.240.020.710.01-0.210.92-0.580.1-0.01-0.290.05-0.310.890.460.370.970.940.940.92
0.590.090.580.77-0.13-0.72-0.16-0.010.76-0.02-0.220.98-0.570.12-0.03-0.310.07-0.320.950.510.390.920.90.940.88
0.620.120.620.73-0.13-0.59-0.29-0.010.730.0-0.470.92-0.40.14-0.03-0.21-0.11-0.420.820.510.280.840.880.920.88
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GMV Minerals Account Relationship Matchups

GMV Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5M7.0M7.0M8.4M8.7M5.3M
Total Current Liabilities162.1K72.5K102.6K194.3K142.1K130.9K
Total Stockholder Equity5.4M6.9M6.9M8.2M8.5M5.1M
Property Plant And Equipment Net4.9M5.6M6.6M7.0M7.7M8.1M
Net Debt(388.2K)(1.2M)(411.9K)(1.1M)(1.3M)(1.4M)
Retained Earnings(23.8M)(25.1M)(25.6M)(26.3M)(27.2M)(25.9M)
Accounts Payable217.1K162.1K72.5K102.6K92.4K123.5K
Cash388.2K1.2M411.9K1.1M804.4K983.1K
Non Current Assets Total4.9M5.7M6.6M7.1M7.7M8.1M
Cash And Short Term Investments388.2K1.2M411.9K1.1M1.0M1.0M
Net Receivables57.2K5.3K4.1K15.3K9.1K8.7K
Common Stock Shares Outstanding45.0M59.1M70.7M76.0M91.1M95.6M
Liabilities And Stockholders Equity5.5M7.0M7.0M8.4M9.6M5.1M
Other Stockholder Equity4.6M4.8M4.9M5.2M4.7M7.4M
Total Liab162.1K72.5K102.6K194.3K142.1K143.8K
Total Current Assets615.6K1.3M422.9K1.3M919.4K1.1M
Other Current Assets170.2K62.0K6.8K112.4K129.3K135.7K
Accumulated Other Comprehensive Income350.7K204.4K116.7K290.5K334.0K192.8K
Net Tangible Assets4.9M5.4M6.9M6.9M8.0M4.3M
Other Assets47.9K54.0K59.1K61.5K70.7K36.3K
Common Stock24.2M26.9M27.5M29.0M33.3M24.9M
Property Plant Equipment4.1M4.9M5.6M6.6M7.5M7.9M
Net Invested Capital5.4M6.9M6.9M8.2M8.5M6.8M
Net Working Capital453.4K1.2M320.2K1.1M777.3K737.7K
Capital Stock24.2M26.9M27.5M29.0M29.8M29.4M

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When running GMV Minerals' price analysis, check to measure GMV Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GMV Minerals is operating at the current time. Most of GMV Minerals' value examination focuses on studying past and present price action to predict the probability of GMV Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMV Minerals' price. Additionally, you may evaluate how the addition of GMV Minerals to your portfolios can decrease your overall portfolio volatility.