Power Pb Ratio vs Book Value Per Share Analysis

POW Stock

CAD 47.16 0.12 0.26%

Power financial indicator trend analysis is much more than just breaking down Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power is a good investment. Please check the relationship between Power Pb Ratio and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power. 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.

Pb Ratio vs Book Value Per Share

Pb 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 Power Pb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Power's Pb Ratio and Book Value Per Share is -0.39. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Power, assuming nothing else is changed. The correlation between historical values of Power's Pb 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 Pb Ratio of Power 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 Pb Ratio i.e., Power's Pb Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Pb Ratio

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 Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power. 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, Power's Tax Provision is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Over EBITDA is likely to grow to 7.68, while Selling General Administrative is likely to drop about 5.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	69.6B	48.7B	46.4B	35.6B
Total Revenue	69.6B	48.7B	46.4B	35.6B

Gross Profit Total Revenue

Power fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Other Current Liab	Total Current Liabilities	Short Term Debt	Cash	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock	Good Will	Accounts Payable
Total Assets		0.91	0.82	0.95	0.81	0.57	0.73	0.69	0.59	0.65	0.84	1.0	0.96	0.6	0.78	-0.84	0.88	0.61	0.86	0.55	0.22	0.85	0.86	0.85	0.91	0.3
Short Long Term Debt Total	0.91		0.8	0.78	0.97	0.76	0.54	0.45	0.37	0.4	0.83	0.9	0.86	0.33	0.83	-0.91	0.88	0.58	0.84	0.26	0.37	0.63	0.61	0.61	0.84	0.2
Total Stockholder Equity	0.82	0.8		0.7	0.72	0.66	0.3	0.77	0.15	0.43	0.74	0.82	0.77	0.19	0.84	-0.61	0.59	0.24	0.95	0.14	0.59	0.55	0.69	0.73	0.95	0.27
Property Plant And Equipment Net	0.95	0.78	0.7		0.66	0.36	0.81	0.72	0.72	0.81	0.81	0.96	0.97	0.76	0.59	-0.79	0.86	0.64	0.79	0.7	0.04	0.92	0.91	0.88	0.83	0.45
Net Debt	0.81	0.97	0.72	0.66		0.81	0.44	0.31	0.27	0.28	0.77	0.8	0.74	0.22	0.83	-0.87	0.78	0.49	0.73	0.17	0.38	0.51	0.46	0.46	0.74	0.09
Retained Earnings	0.57	0.76	0.66	0.36	0.81		0.13	0.07	-0.05	-0.12	0.38	0.55	0.45	-0.16	0.89	-0.57	0.5	0.14	0.59	-0.13	0.51	0.22	0.11	0.13	0.6	-0.11
Non Current Assets Total	0.73	0.54	0.3	0.81	0.44	0.13		0.41	0.98	0.65	0.54	0.73	0.72	0.91	0.29	-0.75	0.81	0.86	0.42	0.92	-0.51	0.82	0.72	0.64	0.51	0.24
Common Stock Shares Outstanding	0.69	0.45	0.77	0.72	0.31	0.07	0.41		0.35	0.74	0.7	0.7	0.68	0.5	0.41	-0.37	0.42	0.23	0.76	0.43	0.29	0.67	0.9	0.92	0.78	0.48
Non Current Liabilities Total	0.59	0.37	0.15	0.72	0.27	-0.05	0.98	0.35		0.65	0.44	0.6	0.61	0.94	0.1	-0.63	0.71	0.83	0.28	0.96	-0.65	0.77	0.65	0.57	0.37	0.26
Other Current Assets	0.65	0.4	0.43	0.81	0.28	-0.12	0.65	0.74	0.65		0.71	0.66	0.75	0.81	0.12	-0.49	0.54	0.46	0.54	0.75	-0.1	0.76	0.83	0.8	0.51	0.71
Other Stockholder Equity	0.84	0.83	0.74	0.81	0.77	0.38	0.54	0.7	0.44	0.71		0.84	0.86	0.52	0.53	-0.81	0.78	0.53	0.81	0.4	0.29	0.64	0.78	0.79	0.76	0.53
Total Liab	1.0	0.9	0.82	0.96	0.8	0.55	0.73	0.7	0.6	0.66	0.84		0.96	0.61	0.76	-0.84	0.88	0.62	0.86	0.56	0.21	0.86	0.87	0.86	0.91	0.31
Property Plant And Equipment Gross	0.96	0.86	0.77	0.97	0.74	0.45	0.72	0.68	0.61	0.75	0.86	0.96		0.63	0.65	-0.84	0.89	0.64	0.86	0.56	0.18	0.82	0.86	0.85	0.86	0.45
Total Current Assets	0.6	0.33	0.19	0.76	0.22	-0.16	0.91	0.5	0.94	0.81	0.52	0.61	0.63		0.03	-0.56	0.65	0.71	0.33	0.95	-0.54	0.85	0.73	0.66	0.39	0.49
Intangible Assets	0.78	0.83	0.84	0.59	0.83	0.89	0.29	0.41	0.1	0.12	0.53	0.76	0.65	0.03		-0.61	0.57	0.21	0.75	0.06	0.55	0.47	0.46	0.48	0.83	-0.13
Other Current Liab	-0.84	-0.91	-0.61	-0.79	-0.87	-0.57	-0.75	-0.37	-0.63	-0.49	-0.81	-0.84	-0.84	-0.56	-0.61		-0.96	-0.81	-0.73	-0.5	0.01	-0.66	-0.61	-0.57	-0.72	-0.25
Total Current Liabilities	0.88	0.88	0.59	0.86	0.78	0.5	0.81	0.42	0.71	0.54	0.78	0.88	0.89	0.65	0.57	-0.96		0.84	0.74	0.57	-0.06	0.75	0.69	0.65	0.74	0.33
Short Term Debt	0.61	0.58	0.24	0.64	0.49	0.14	0.86	0.23	0.83	0.46	0.53	0.62	0.64	0.71	0.21	-0.81	0.84		0.43	0.66	-0.45	0.6	0.55	0.48	0.45	0.15
Cash	0.86	0.84	0.95	0.79	0.73	0.59	0.42	0.76	0.28	0.54	0.81	0.86	0.86	0.33	0.75	-0.73	0.74	0.43		0.22	0.48	0.64	0.74	0.77	0.96	0.41
Non Currrent Assets Other	0.55	0.26	0.14	0.7	0.17	-0.13	0.92	0.43	0.96	0.75	0.4	0.56	0.56	0.95	0.06	-0.5	0.57	0.66	0.22		-0.62	0.78	0.68	0.6	0.32	0.31
Other Assets	0.22	0.37	0.59	0.04	0.38	0.51	-0.51	0.29	-0.65	-0.1	0.29	0.21	0.18	-0.54	0.55	0.01	-0.06	-0.45	0.48	-0.62		-0.11	0.06	0.16	0.41	0.05
Cash And Short Term Investments	0.85	0.63	0.55	0.92	0.51	0.22	0.82	0.67	0.77	0.76	0.64	0.86	0.82	0.85	0.47	-0.66	0.75	0.6	0.64	0.78	-0.11		0.86	0.82	0.73	0.38
Common Stock Total Equity	0.86	0.61	0.69	0.91	0.46	0.11	0.72	0.9	0.65	0.83	0.78	0.87	0.86	0.73	0.46	-0.61	0.69	0.55	0.74	0.68	0.06	0.86		0.99	0.8	0.41
Common Stock	0.85	0.61	0.73	0.88	0.46	0.13	0.64	0.92	0.57	0.8	0.79	0.86	0.85	0.66	0.48	-0.57	0.65	0.48	0.77	0.6	0.16	0.82	0.99		0.82	0.41
Good Will	0.91	0.84	0.95	0.83	0.74	0.6	0.51	0.78	0.37	0.51	0.76	0.91	0.86	0.39	0.83	-0.72	0.74	0.45	0.96	0.32	0.41	0.73	0.8	0.82		0.24
Accounts Payable	0.3	0.2	0.27	0.45	0.09	-0.11	0.24	0.48	0.26	0.71	0.53	0.31	0.45	0.49	-0.13	-0.25	0.33	0.15	0.41	0.31	0.05	0.38	0.41	0.41	0.24

Click cells to compare fundamentals

Power Account Relationship Matchups

Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	477.3B	629.1B	661.6B	733.7B	749.5B	787.0B
Short Long Term Debt Total	19.4B	22.2B	19.5B	21.2B	20.9B	22.0B
Total Stockholder Equity	14.2B	22.2B	24.3B	24.0B	22.1B	11.5B
Property Plant And Equipment Net	3.1B	3.2B	3.7B	4.4B	5.1B	5.3B
Net Debt	11.4B	12.1B	11.4B	12.3B	11.8B	12.4B
Retained Earnings	10.8B	8.7B	10.8B	11.1B	10.0B	8.0B
Non Current Assets Total	153.0B	181.4B	189.7B	178.2B	707.1B	742.5B
Common Stock Shares Outstanding	437.9M	647.6M	681.6M	673.5M	663.1M	541.5M
Liabilities And Stockholders Equity	477.3B	629.1B	661.6B	733.7B	749.5B	787.0B
Non Current Liabilities Total	18.6B	20.3B	21.0B	4.4B	703.1B	738.2B
Other Current Assets	22.5B	25.6B	34.3B	33.5B	42.3B	44.5B
Other Stockholder Equity	1.7B	3.0B	3.0B	2.3B	2.6B	2.8B
Total Liab	440.7B	590.4B	617.9B	689.5B	708.2B	743.6B
Property Plant And Equipment Gross	1.7B	1.9B	3.1B	3.2B	3.7B	3.9B
Total Current Assets	13.8B	16.8B	15.7B	30.7B	70.8B	74.4B
Accumulated Other Comprehensive Income	1.7B	3.0B	3.0B	2.5B	1.9B	2.0B
Intangible Assets	5.8B	6.3B	7.6B	8.3B	6.7B	5.7B
Other Current Liab	(5.5B)	(5.8B)	(4.6B)	(4.1B)	(7.6B)	(7.2B)
Total Current Liabilities	5.5B	5.8B	4.2B	4.4B	7.6B	7.9B
Short Term Debt	1.5B	2.6B	407M	274M	3.5B	3.6B
Cash	6.8B	9.5B	8.2B	8.9B	9.1B	5.6B
Non Currrent Assets Other	(153.0B)	(181.4B)	(1.1B)	(1.2B)	493.3B	517.9B
Other Assets	310.4B	430.9B	456.2B	524.8B	(28.5B)	(27.1B)
Cash And Short Term Investments	6.8B	9.5B	8.2B	22.2B	21.9B	23.0B
Common Stock Total Equity	717M	766M	726M	9.6B	11.0B	11.5B
Common Stock	726M	9.6B	9.6B	9.5B	9.3B	9.7B
Good Will	10.3B	14.0B	13.0B	14.6B	14.6B	11.1B
Accounts Payable	4.0B	3.2B	3.8B	3.7B	4.0B	3.3B
Net Receivables	7.0B	7.3B	7.6B	8.4B	6.6B	5.8B
Short Term Investments	46.7B	50.3B	51.4B	13.4B	12.7B	12.1B
Other Liab	416.6B	563.1B	592.2B	655.3B	753.6B	479.8B
Net Tangible Assets	(3.0B)	1.0B	2.8B	166M	190.9M	200.4M
Long Term Debt	16.9B	11.9B	13.2B	20.0B	16.8B	17.1B
Long Term Investments	133.8B	157.9B	165.4B	150.9B	228.7B	133.6B
Short Long Term Debt	1.2B	2.6B	407M	274M	3.5B	3.9B
Property Plant Equipment	3.1B	3.2B	3.7B	4.4B	5.1B	2.6B
Long Term Debt Total	17.9B	19.6B	19.1B	20.9B	24.0B	19.7B
Inventory	(22.5B)	(35.7B)	(34.3B)	(33.5B)	(28.5B)	(29.9B)

Pair Trading with Power

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 Power 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 Power will appreciate offsetting losses from the drop in the long position's value.

Moving against Power Stock

0.61	LCX	Lycos Energy	Pair Corr
0.51	SCD	Scandium Canada	Pair Corr

The ability to find closely correlated positions to Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Power 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 Power - 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 Power to buy it.

The correlation of Power 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 Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power 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 Power 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.

Pair Correlation Correlation Matching

Other Information on Investing in Power Stock

Balance Sheet is a snapshot of the financial position of Power at a specified time, usually calculated after every quarter, six months, or one year. Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power 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 Power currently owns. An asset can also be divided into two categories, current and non-current.

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Power Pb Ratio vs Book Value Per Share Analysis

Pb Ratio vs Book Value Per Share

Pb Ratio vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Pb Ratio

Book Value Per Share

Power fundamental ratios Correlations

Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Power fundamental ratios Accounts

Pair Trading with Power

Moving against Power Stock

Other Information on Investing in Power Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 0.99	Common Stock Total Equity
Non Current Liabilities Total	+ 0.98	Non Current Assets Total
Net Debt	+ 0.97	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.96	Total Assets

Total Current Liabilities	- 0.96	Other Current Liab
Other Current Liab	- 0.91	Short Long Term Debt Total
Other Current Liab	- 0.87	Net Debt
Other Current Liab	- 0.84	Property Plant And Equipment Gross
Other Current Liab	- 0.84	Total Liab
Other Current Liab	- 0.84	Total Assets