Barrick Pb Ratio vs Net Income Per Share Analysis

GOLD Stock  USD 17.94  0.50  2.71%   
Barrick Gold financial indicator trend analysis is way more than just evaluating Barrick Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barrick Gold Corp is a good investment. Please check the relationship between Barrick Gold Pb Ratio and its Net Income Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Pb Ratio vs Net Income Per Share

Pb Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barrick Gold Corp Pb Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Barrick Gold's Pb Ratio and Net Income Per Share is 0.04. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Barrick Gold Corp, assuming nothing else is changed. The correlation between historical values of Barrick Gold's Pb Ratio and Net Income 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 Pb Ratio of Barrick Gold Corp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Pb Ratio i.e., Barrick Gold's Pb Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pb Ratio

Net Income Per Share

Most indicators from Barrick Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barrick Gold Corp 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 Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 222.7 M, whereas Tax Provision is forecasted to decline to about 1.2 B.
 2022 2023 2024 2025 (projected)
Gross Profit3.5B3.5B5.0B5.2B
Total Revenue11.0B11.4B12.9B13.6B

Barrick Gold fundamental ratios Correlations

0.66-0.190.820.330.70.73-0.45-0.250.290.840.630.950.850.81-0.190.120.250.020.160.78-0.240.50.930.12-0.18
0.660.380.350.820.960.880.120.230.640.821.00.690.820.570.030.630.70.390.680.940.220.360.470.220.35
-0.190.38-0.440.690.150.350.950.180.8-0.030.40.0-0.03-0.070.520.920.820.330.910.260.53-0.29-0.290.270.99
0.820.35-0.440.090.430.43-0.61-0.31-0.040.630.310.760.630.67-0.34-0.19-0.1-0.08-0.150.54-0.430.770.790.05-0.42
0.330.820.690.090.70.760.530.290.80.440.840.480.450.370.210.790.840.240.850.70.620.240.180.250.64
0.70.960.150.430.70.87-0.10.350.430.830.960.680.830.64-0.150.410.490.410.470.870.160.430.50.070.12
0.730.880.350.430.760.870.090.320.60.680.880.80.680.81-0.040.530.590.420.590.790.230.330.55-0.040.35
-0.450.120.95-0.610.53-0.10.090.180.66-0.320.15-0.26-0.31-0.30.540.80.690.250.78-0.020.56-0.43-0.50.210.94
-0.250.230.18-0.310.290.350.320.18-0.07-0.110.28-0.23-0.120.11-0.230.05-0.030.550.09-0.060.460.0-0.44-0.470.16
0.290.640.8-0.040.80.430.60.66-0.070.350.640.460.360.220.460.920.930.260.930.60.33-0.010.220.430.8
0.840.82-0.030.630.440.830.68-0.32-0.110.350.790.781.00.61-0.140.290.350.140.320.93-0.210.530.710.3-0.04
0.631.00.40.310.840.960.880.150.280.640.790.660.790.560.030.640.70.410.690.910.260.330.430.20.36
0.950.690.00.760.480.680.8-0.26-0.230.460.780.660.790.86-0.040.280.41-0.010.320.79-0.110.450.90.110.01
0.850.82-0.030.630.450.830.68-0.31-0.120.361.00.790.790.61-0.130.30.360.140.330.94-0.20.520.710.3-0.03
0.810.57-0.070.670.370.640.81-0.30.110.220.610.560.860.61-0.220.10.180.120.150.59-0.10.360.69-0.37-0.04
-0.190.030.52-0.340.21-0.15-0.040.54-0.230.46-0.140.03-0.04-0.13-0.220.480.53-0.10.450.050.05-0.27-0.20.290.54
0.120.630.92-0.190.790.410.530.80.050.920.290.640.280.30.10.480.940.40.990.570.37-0.130.020.420.92
0.250.70.82-0.10.840.490.590.69-0.030.930.350.70.410.360.180.530.940.260.950.630.4-0.080.160.420.8
0.020.390.33-0.080.240.410.420.250.550.260.140.41-0.010.140.12-0.10.40.260.380.23-0.080.0-0.11-0.070.36
0.160.680.91-0.150.850.470.590.780.090.930.320.690.320.330.150.450.990.950.380.60.42-0.070.050.410.9
0.780.940.260.540.70.870.79-0.02-0.060.60.930.910.790.940.590.050.570.630.230.6-0.020.480.620.360.25
-0.240.220.53-0.430.620.160.230.560.460.33-0.210.26-0.11-0.2-0.10.050.370.4-0.080.42-0.02-0.22-0.280.050.44
0.50.36-0.290.770.240.430.33-0.430.0-0.010.530.330.450.520.36-0.27-0.13-0.080.0-0.070.48-0.220.360.16-0.29
0.930.47-0.290.790.180.50.55-0.5-0.440.220.710.430.90.710.69-0.20.020.16-0.110.050.62-0.280.360.21-0.28
0.120.220.270.050.250.07-0.040.21-0.470.430.30.20.110.3-0.370.290.420.42-0.070.410.360.050.160.210.24
-0.180.350.99-0.420.640.120.350.940.160.8-0.040.360.01-0.03-0.040.540.920.80.360.90.250.44-0.29-0.280.24
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Barrick Gold Account Relationship Matchups

Barrick Gold fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B1.8B1.8B
Total Assets46.5B46.9B46.0B45.8B47.6B25.0B
Short Long Term Debt Total5.4B5.5B5.3B5.2B5.3B5.2B
Other Current Liab835M1.2B2.1B1.3B1.4B1.4B
Total Current Liabilities2.2B2.1B3.1B2.4B2.6B1.6B
Total Stockholder Equity21.4B23.3B23.9B22.8B24.3B12.2B
Property Plant And Equipment Net24.7B25.0B25.9B26.5B28.6B30.1B
Net Debt176M193M810M1.1B1.2B1.1B
Retained Earnings(7.9B)(6.6B)(7.3B)(6.7B)(5.3B)(5.0B)
Accounts Payable929M539M741M678M655M658.6M
Cash5.2B5.3B4.4B4.1B4.1B2.2B
Non Current Assets Total38.4B38.6B37.5B38.2B40.0B20.6B
Non Currrent Assets Other3.6B3.7B3.8B3.8B4.0B4.2B
Cash And Short Term Investments5.2B5.3B4.4B4.1B4.1B2.2B
Net Receivables766M940.7M906M1.2B1.4B1.5B
Liabilities And Stockholders Equity46.5B46.9B46.0B45.8B47.6B25.0B
Non Current Liabilities Total12.6B12.5B11.6B11.5B11.7B8.6B
Inventory1.9B1.7B1.8B1.8B1.9B1.3B
Other Stockholder Equity2.0B1.9B1.9B1.9B1.9B2.7B
Total Liab14.8B14.6B14.7B13.8B14.4B10.2B
Total Current Assets8.1B8.2B8.5B7.4B7.6B4.3B
Accumulated Other Comprehensive Income14M(23M)26M24M33M34.7M
Short Term Debt375M20M24M45M84M79.8M
Other Current Assets311M293M1.3B329.0M203M221.0M
Other Liab7.0B7.2B7.0B6.4B7.3B7.7B
Other Assets3.7B3.8B3.9B196.3M225.8M214.5M
Long Term Debt5.3B5.4B5.1B5.1B5.1B6.2B
Common Stock29.2B28.5B28.1B28.1B27.7B18.9B
Property Plant Equipment24.1B24.6B25.0B25.8B29.7B16.0B
Intangible Assets86M77M68M67M66M62.7M
Current Deferred Revenue47M43M54M301.4M271.3M320.7M
Property Plant And Equipment Gross24.6B65.2B68.8B71.1B74.2B77.9B
Net Tangible Assets16.4B18.4B18.9B19.0B21.9B11.8B
Long Term Investments5.1B5.0B4.1B4.3B4.2B3.1B

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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.
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Gold. If investors know Barrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrick Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.118
Dividend Share
0.4
Earnings Share
1.22
Revenue Per Share
7.38
Quarterly Revenue Growth
0.192
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.