Western Energy Price To Book vs. Market Capitalization
| WRG Stock | CAD 2.69 0.11 4.26% |
For Western Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Western Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Western Energy Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Western Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Western Energy Services over time as well as its relative position and ranking within its peers.
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Western Energy Services Market Capitalization vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Western Energy's current stock value. Our valuation model uses many indicators to compare Western Energy value to that of its competitors to determine the firm's financial worth. Western Energy Services is rated fourth in price to book category among its peers. It is rated fourth in market capitalization category among its peers creating about 290,391,298 of Market Capitalization per Price To Book. At this time, Western Energy's Market Cap is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Western Market Capitalization 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.
Western Energy |
| = | 0.31 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Western Energy |
| = | 91.04 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Western Market Capitalization vs Competition
Western Energy Services is rated fourth in market capitalization category among its peers. Market capitalization of Energy industry is at this time estimated at about 1.32 Billion. Western Energy holds roughly 91.04 Million in market capitalization claiming about 7% of equities under Energy industry.
Western Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Western Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Western Energy will eventually generate negative long term returns. The profitability progress is the general direction of Western Energy's change in net profit over the period of time. It can combine multiple indicators of Western Energy, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 26.1 M | 13.8 M | |
| Operating Income | 2.8 M | 3.4 M | |
| Net Loss | -7.2 M | -7.6 M | |
| Income Tax Expense | -1.4 M | -1.5 M | |
| Income Before Tax | -8.3 M | -8.7 M | |
| Total Other Income Expense Net | -11.1 M | -11.6 M | |
| Net Loss | -6.9 M | -7.2 M | |
| Net Income Applicable To Common Shares | 26.1 M | 27.4 M | |
| Net Interest Income | -11.4 M | -12 M | |
| Interest Income | 130 K | 123.5 K | |
| Change To Netincome | -26.4 M | -25.1 M | |
| Net Loss | (0.21) | (0.22) | |
| Income Quality | (7.13) | (6.77) | |
| Net Income Per E B T | 0.87 | 0.95 |
Western Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Western Energy. 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 Western Energy 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 Western Energy's important profitability drivers and their relationship over time.
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Corporate ETFs
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Other Information on Investing in Western Stock
To fully project Western Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Western Energy Services at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Western Energy's income statement, its balance sheet, and the statement of cash flows.