Ur Energy Stock Price To Earnings To Growth
| URE Stock | CAD 1.63 0.05 2.98% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Ur Energy's long-term financial health and intrinsic value.
URE |
Ur Energy Company Price To Earnings To Growth Analysis
Ur Energy's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Ur Energy Price To Earnings To Growth | 0.37 X |
Most of Ur Energy's fundamental indicators, such as Price To Earnings To Growth, 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, Ur Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Ur Energy has a Price To Earnings To Growth of 0.37 times. This is 66.96% lower than that of the Oil, Gas & Consumable Fuels sector and notably lower than that of the Energy industry. The price to earnings to growth for all Canada stocks is 92.43% higher than that of the company.
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URE Fundamentals
| Return On Equity | -0.46 | |||
| Return On Asset | -0.25 | |||
| Profit Margin | (1.35) % | |||
| Operating Margin | (1.86) % | |||
| Current Valuation | 492.93 M | |||
| Shares Outstanding | 364.82 M | |||
| Shares Owned By Insiders | 1.09 % | |||
| Shares Owned By Institutions | 89.28 % | |||
| Number Of Shares Shorted | 2.46 M | |||
| Price To Earning | 34.33 X | |||
| Price To Book | 3.49 X | |||
| Price To Sales | 17.64 X | |||
| Revenue | 33.71 M | |||
| Gross Profit | (50.13 M) | |||
| EBITDA | (58.18 M) | |||
| Net Income | (53.19 M) | |||
| Cash And Equivalents | 67.36 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 61.33 M | |||
| Debt To Equity | 28.20 % | |||
| Current Ratio | 1.23 X | |||
| Book Value Per Share | 0.34 X | |||
| Cash Flow From Operations | (71.92 M) | |||
| Short Ratio | 15.03 X | |||
| Earnings Per Share | (0.18) X | |||
| Price To Earnings To Growth | 0.37 X | |||
| Target Price | 3.27 | |||
| Number Of Employees | 101 | |||
| Beta | 1.12 | |||
| Market Capitalization | 594.65 M | |||
| Total Asset | 194.13 M | |||
| Retained Earnings | (304.1 M) | |||
| Working Capital | 96.01 M | |||
| Net Asset | 194.13 M |
About Ur Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ur Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ur Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ur 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.
Pair Trading with Ur Energy
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 Ur Energy 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 Ur Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with URE Stock
Moving against URE Stock
The ability to find closely correlated positions to Ur Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ur Energy 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 Ur Energy - 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 Ur Energy to buy it.
The correlation of Ur Energy 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 Ur Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ur 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 Ur Energy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.