SBSW Stock | | | USD 4.07 0.15 3.55% |
Sibanye Gold financial indicator trend analysis is much more than just breaking down Sibanye Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sibanye Gold is a good investment. Please check the relationship between Sibanye Gold Pb Ratio and its Book Value Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sibanye Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
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
Sibanye Gold Pb Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sibanye Gold's Pb Ratio and Book Value Per Share is 0.67. 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 Sibanye Gold Ltd, assuming nothing else is changed. The correlation between historical values of Sibanye Gold'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 Sibanye Gold Ltd 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., Sibanye Gold's Pb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 Sibanye Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sibanye Gold 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sibanye Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to climb to about 364.6
M in 2024, despite the fact that
Tax Provision is likely to grow to (2.3
B).
Sibanye Gold fundamental ratios Correlations
Click cells to compare fundamentals
Sibanye Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sibanye Gold fundamental ratios Accounts
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measure Sibanye Gold's 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 Sibanye Gold is operating at the current time. Most of Sibanye Gold's value examination focuses on studying past and present price action to
predict the probability of Sibanye Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sibanye Gold's price. Additionally, you may evaluate how the addition of Sibanye Gold to your portfolios can decrease your overall portfolio volatility.