Prime Historical Financial Ratios
| PDV Stock | CAD 8.49 0.01 0.12% |
Prime Dividend is promptly reporting on over 72 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 12.13, Free Cash Flow Yield of 0.4, Invested Capital of 0.0 or Operating Cash Flow Per Share of 1.41 will help investors to properly organize and evaluate Prime Dividend Corp financial condition quickly.
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About Prime Financial Ratios Analysis
Prime Dividend CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Prime Dividend investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Prime financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Prime Dividend history.
Prime Dividend Financial Ratios Chart
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Dividend Yield
Dividend Yield is Prime Dividend Corp dividend as a percentage of Prime Dividend stock price. Prime Dividend Corp dividend yield is a measure of Prime Dividend stock productivity, which can be interpreted as interest rate earned on an Prime Dividend investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Most ratios from Prime Dividend's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Prime Dividend Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Dividend 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 board of governors. At this time, Prime Dividend's PB Ratio is very stable compared to the past year. As of the 28th of November 2024, EV To Sales is likely to grow to 181.03, while Price To Sales Ratio is likely to drop 49.12.
| 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.86 | 0.77 | 1.06 | Dividend Yield | 0.32 | 0.29 | 0.3 |
Prime Dividend fundamentals Correlations
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Prime Dividend Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prime Dividend fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | (11.32) | 3.11 | (17.26) | 44.96 | 51.7 | 49.12 | |
| Days Sales Outstanding | (18.52) | 3.29 | (17.82) | 193.93 | 223.02 | 234.17 | |
| Book Value Per Share | 15.69 | 17.24 | 5.18 | 6.01 | 6.91 | 12.13 | |
| Operating Cash Flow Per Share | 1.46 | 2.12 | 1.76 | 2.18 | 1.97 | 1.41 | |
| Ev To Sales | (24.16) | 5.45 | (33.8) | 149.92 | 172.41 | 181.03 | |
| Free Cash Flow Per Share | 1.46 | 2.12 | 1.76 | 2.18 | 1.97 | 1.41 | |
| Roic | 0.0968 | 0.0655 | 0.11 | (0.007284) | (0.008377) | (0.007958) | |
| Net Income Per Share | (0.97) | 3.65 | (0.77) | (0.24) | (0.28) | (0.26) | |
| Sales General And Administrative To Revenue | (0.34) | 0.066 | (0.47) | 2.71 | 2.44 | 2.56 | |
| Cash Per Share | 15.73 | 17.31 | 14.47 | 20.28 | 23.32 | 22.69 | |
| Pocfratio | 5.41 | 5.8 | 4.92 | 2.35 | 2.71 | 1.43 | |
| Payout Ratio | (0.94) | 0.32 | (1.66) | (6.79) | (6.11) | (5.81) | |
| Pfcf Ratio | 5.41 | 5.8 | 4.92 | 2.35 | 2.71 | 1.43 | |
| Income Quality | (0.97) | 0.67 | (1.31) | (1.63) | (1.46) | (1.54) | |
| Ev To Operating Cash Flow | 11.53 | 10.16 | 9.64 | 7.85 | 7.06 | 7.41 | |
| Pe Ratio | (8.12) | 3.37 | (11.21) | (21.21) | (19.09) | (18.13) | |
| Return On Tangible Assets | (0.0617) | 0.21 | (0.0533) | (0.0119) | (0.0107) | (0.0102) | |
| Ev To Free Cash Flow | 11.53 | 10.16 | 9.64 | 7.85 | 7.06 | 7.41 | |
| Earnings Yield | (0.12) | 0.3 | (0.0892) | (0.0471) | (0.0542) | (0.0515) | |
| Current Ratio | 13.06 | 3.54 | 8.1 | 29.93 | 34.42 | 40.66 | |
| Tangible Book Value Per Share | 15.69 | 17.24 | 5.18 | 6.01 | 6.91 | 12.13 | |
| Receivables Turnover | (19.71) | 110.85 | (20.48) | 1.88 | 2.16 | 2.06 | |
| Graham Number | 11.05 | 24.99 | 9.49 | 5.72 | 6.58 | 6.25 | |
| Shareholders Equity Per Share | 5.57 | 7.61 | 5.18 | 6.01 | 6.91 | 10.41 | |
| Graham Net Net | 15.68 | 17.23 | 5.18 | 5.99 | 6.89 | 10.92 | |
| Revenue Per Share | (0.7) | 3.95 | (0.5) | 0.11 | 0.13 | 0.12 | |
| Price Earnings Ratio | (8.12) | 3.37 | (11.21) | (21.21) | (19.09) | (18.13) | |
| Price Earnings To Growth Ratio | 0.0568 | (0.00793) | 0.09 | (0.29) | (0.33) | (0.31) |
Pair Trading with Prime Dividend
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 Prime Dividend 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 Prime Dividend will appreciate offsetting losses from the drop in the long position's value.Moving together with Prime Stock
| 0.83 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.87 | RY | Royal Bank Earnings Call This Week | PairCorr |
| 0.84 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.84 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against Prime Stock
| 0.56 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Prime Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Dividend 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 Prime Dividend - 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 Prime Dividend Corp to buy it.
The correlation of Prime Dividend 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 Prime Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Dividend Corp 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 Prime Dividend 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 Prime Stock
Prime Dividend CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Prime Dividend investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Prime financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Prime Dividend history.