ROMJ Stock | | | CAD 0.30 0.06 16.67% |
Rubicon Organics financial indicator trend analysis is much more than just breaking down Rubicon Organics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rubicon Organics is a good investment. Please check the relationship between Rubicon Organics Book Value Per Share and its Pb Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rubicon Organics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Book Value Per Share vs Pb Ratio
Book Value Per Share vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rubicon Organics Book Value Per Share account and
Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Rubicon Organics' Book Value Per Share and Pb Ratio is -0.75. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Rubicon Organics, assuming nothing else is changed. The correlation between historical values of Rubicon Organics' Book Value Per Share and Pb 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 Book Value Per Share of Rubicon Organics are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Book Value Per Share i.e., Rubicon Organics' Book Value Per Share and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.
Pb Ratio
Most indicators from Rubicon Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rubicon Organics 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 Rubicon Organics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
At this time, Rubicon Organics'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 18.22 in 2024, whereas
Discontinued Operations is likely to drop (765.1
K) in 2024.
Rubicon Organics fundamental ratios Correlations
Click cells to compare fundamentals
Rubicon Organics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rubicon Organics fundamental ratios Accounts
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Additional Tools for Rubicon Stock Analysis
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