TransAtlantic Petroleum Price To Book vs. EBITDA
| TNPDelisted Stock | USD 29.28 0.26 0.88% |
For TransAtlantic Petroleum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TransAtlantic Petroleum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TransAtlantic Petroleum utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TransAtlantic Petroleum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TransAtlantic Petroleum over time as well as its relative position and ranking within its peers.
TransAtlantic |
TransAtlantic Petroleum EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TransAtlantic Petroleum's current stock value. Our valuation model uses many indicators to compare TransAtlantic Petroleum value to that of its competitors to determine the firm's financial worth. TransAtlantic Petroleum is rated below average in price to book category among its peers. It is rated fourth in ebitda category among its peers totaling about 1,014,557,522 of EBITDA per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TransAtlantic Petroleum's earnings, one of the primary drivers of an investment's value.TransAtlantic EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
TransAtlantic Petroleum |
| = | 0.47 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
TransAtlantic Petroleum |
| = | 481.51 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
TransAtlantic EBITDA Comparison
TransAtlantic Petroleum is currently under evaluation in ebitda category among its peers.
TransAtlantic Petroleum Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TransAtlantic Petroleum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TransAtlantic Petroleum will eventually generate negative long term returns. The profitability progress is the general direction of TransAtlantic Petroleum's change in net profit over the period of time. It can combine multiple indicators of TransAtlantic Petroleum, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece. Tsakos Energy operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange.
TransAtlantic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TransAtlantic Petroleum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TransAtlantic Petroleum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TransAtlantic Petroleum's important profitability drivers and their relationship over time.
Use TransAtlantic Petroleum in pair-trading
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 TransAtlantic Petroleum 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 TransAtlantic Petroleum will appreciate offsetting losses from the drop in the long position's value.TransAtlantic Petroleum Pair Trading
TransAtlantic Petroleum Pair Trading Analysis
The ability to find closely correlated positions to TransAtlantic Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TransAtlantic Petroleum 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 TransAtlantic Petroleum - 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 TransAtlantic Petroleum to buy it.
The correlation of TransAtlantic Petroleum 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 TransAtlantic Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TransAtlantic Petroleum 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 TransAtlantic Petroleum 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.Use Investing Themes to Complement your TransAtlantic Petroleum position
In addition to having TransAtlantic Petroleum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 47 constituents at this time.
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Check out World Market Map to better understand how to build diversified portfolios. 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. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in TransAtlantic Stock
If you are still planning to invest in TransAtlantic Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TransAtlantic Petroleum's history and understand the potential risks before investing.
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