Tamarack Valley Energy Stock Price To Book
| TVE Stock | CAD 3.68 0.07 1.94% |
Tamarack Valley Energy fundamentals help investors to digest information that contributes to Tamarack Valley's financial success or failures. It also enables traders to predict the movement of Tamarack Stock. The fundamental analysis module provides a way to measure Tamarack Valley'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 Tamarack Valley stock.
As of the 4th of May 2024, Price To Book Ratio is likely to grow to 0.90. Tamarack | Price To Book |
Tamarack Valley Energy Company Price To Book Analysis
Tamarack Valley's 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.
Current Tamarack Valley Price To Book | 1.00 X |
Most of Tamarack Valley's fundamental indicators, such as Price To Book, 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, Tamarack Valley Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tamarack Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Tamarack Valley is extremely important. It helps to project a fair market value of Tamarack Stock properly, considering its historical fundamentals such as Price To Book. Since Tamarack Valley's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tamarack Valley's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tamarack Valley's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
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Tamarack Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Tamarack Valley Energy has a Price To Book of 1.0003 times. This is 75.18% lower than that of the Oil, Gas & Consumable Fuels sector and 90.65% lower than that of the Energy industry. The price to book for all Canada stocks is 89.48% higher than that of the company.
Tamarack Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tamarack Valley's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tamarack Valley could also be used in its relative valuation, which is a method of valuing Tamarack Valley by comparing valuation metrics of similar companies.Tamarack Valley is currently under evaluation in price to book category among related companies.
Tamarack Fundamentals
| Return On Equity | 0.0434 | ||||
| Return On Asset | 0.0526 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 2.38 B | ||||
| Shares Outstanding | 543.88 M | ||||
| Shares Owned By Insiders | 1.20 % | ||||
| Shares Owned By Institutions | 25.42 % | ||||
| Number Of Shares Shorted | 5.98 M | ||||
| Price To Earning | 7.29 X | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 1.55 X | ||||
| Revenue | 1.72 B | ||||
| Gross Profit | 941.44 M | ||||
| EBITDA | 1.01 B | ||||
| Net Income | 94.2 M | ||||
| Cash And Equivalents | 97.51 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 56.67 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 0.88 X | ||||
| Book Value Per Share | 3.90 X | ||||
| Cash Flow From Operations | 631.63 M | ||||
| Short Ratio | 2.52 X | ||||
| Earnings Per Share | 0.17 X | ||||
| Target Price | 7.37 | ||||
| Number Of Employees | 107 | ||||
| Beta | 2.59 | ||||
| Market Capitalization | 2 B | ||||
| Total Asset | 4.21 B | ||||
| Retained Earnings | 269.64 M | ||||
| Working Capital | (180.21 M) | ||||
| Current Asset | 29.08 M | ||||
| Current Liabilities | 31.73 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 4.21 B | ||||
| Last Dividend Paid | 0.15 |
About Tamarack Valley Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tamarack Valley Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tamarack Valley using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tamarack Valley 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.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamarack Valley 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 Tamarack Valley Energy information on this page should be used as a complementary analysis to other Tamarack Valley'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Tamarack Stock analysis
When running Tamarack Valley's price analysis, check to measure Tamarack Valley'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 Tamarack Valley is operating at the current time. Most of Tamarack Valley's value examination focuses on studying past and present price action to predict the probability of Tamarack Valley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamarack Valley's price. Additionally, you may evaluate how the addition of Tamarack Valley to your portfolios can decrease your overall portfolio volatility.
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