Crescent Point Energy Stock Book Value Per Share
| CPG Stock | CAD 11.83 0.09 0.76% |
Crescent Point Energy fundamentals help investors to digest information that contributes to Crescent Point's financial success or failures. It also enables traders to predict the movement of Crescent Stock. The fundamental analysis module provides a way to measure Crescent Point's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Crescent Point stock.
Crescent |
Crescent Point Energy Company Book Value Per Share Analysis
Crescent Point's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Crescent Point Book Value Per Share | 11.08 X |
Most of Crescent Point's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Crescent Point Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Crescent Point Energy is about 11.078 times. This is 54.15% lower than that of the Oil, Gas & Consumable Fuels sector and 9.64% lower than that of the Energy industry. The book value per share for all Canada stocks is 99.43% higher than that of the company.
Crescent Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Crescent Point's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Crescent Point could also be used in its relative valuation, which is a method of valuing Crescent Point by comparing valuation metrics of similar companies.Crescent Point is currently under evaluation in book value per share category among related companies.
Crescent Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0684 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.47 % | |||
| Current Valuation | 11.03 B | |||
| Shares Outstanding | 619.95 M | |||
| Shares Owned By Insiders | 0.49 % | |||
| Shares Owned By Institutions | 47.20 % | |||
| Number Of Shares Shorted | 11.69 M | |||
| Price To Earning | 3.61 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 2.35 X | |||
| Revenue | 3.19 B | |||
| Gross Profit | 3.04 B | |||
| EBITDA | 2.14 B | |||
| Net Income | 570.3 M | |||
| Cash And Equivalents | 15.9 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 380 M | |||
| Debt To Equity | 0.25 % | |||
| Current Ratio | 0.59 X | |||
| Book Value Per Share | 11.08 X | |||
| Cash Flow From Operations | 2.2 B | |||
| Short Ratio | 2.56 X | |||
| Earnings Per Share | 1.46 X | |||
| Price To Earnings To Growth | (1.03) X | |||
| Target Price | 14.46 | |||
| Number Of Employees | 777 | |||
| Beta | 2.86 | |||
| Market Capitalization | 7.39 B | |||
| Total Asset | 12.78 B | |||
| Retained Earnings | (10.2 B) | |||
| Working Capital | (323.5 M) | |||
| Current Asset | 847.3 M | |||
| Current Liabilities | 836.1 M | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 2.56 % | |||
| Net Asset | 12.78 B | |||
| Last Dividend Paid | 0.4 |
About Crescent Point Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Crescent Point Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crescent Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crescent Point Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crescent Point in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crescent Point's short interest history, or implied volatility extrapolated from Crescent Point options trading.
Pair Trading with Crescent Point
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 Crescent Point 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 Crescent Point will appreciate offsetting losses from the drop in the long position's value.Moving together with Crescent Stock
| 0.88 | ENB-PFC | Enbridge Pref 11 Earnings Call This Week | PairCorr |
| 0.74 | ENB-PFU | Enbridge Pref L Earnings Call This Week | PairCorr |
Moving against Crescent Stock
| 0.93 | ATS | ATS P | PairCorr |
| 0.75 | BBUC | Brookfield Business Corp | PairCorr |
| 0.72 | GOOS | Canada Goose Holdings | PairCorr |
The ability to find closely correlated positions to Crescent Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Point 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 Crescent Point - 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 Crescent Point Energy to buy it.
The correlation of Crescent Point 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 Crescent Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Point Energy 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 Crescent Point 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Crescent Point Energy information on this page should be used as a complementary analysis to other Crescent Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Crescent Stock analysis
When running Crescent Point's price analysis, check to measure Crescent Point'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 Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
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