ENS Stock | | | USD 94.16 2.63 2.87% |
Enersys financial indicator trend analysis is much more than just examining Enersys latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enersys is a good investment. Please check the relationship between Enersys Ptb Ratio and its Free Cash Flow Per Share accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enersys. 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.
For more information on how to buy Enersys Stock please use our
How to Invest in Enersys guide.
Ptb Ratio vs Free Cash Flow Per Share
Ptb Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enersys Ptb Ratio account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Enersys' Ptb Ratio and Free Cash Flow Per Share is 0.11. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Enersys, assuming nothing else is changed. The correlation between historical values of Enersys' Ptb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Enersys are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., Enersys' Ptb Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Enersys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enersys current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enersys. 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.
For more information on how to buy Enersys Stock please use our
How to Invest in Enersys guide.At this time, Enersys'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 35
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 7.62 in 2024.
Enersys fundamental ratios Correlations
Click cells to compare fundamentals
Enersys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enersys fundamental ratios Accounts
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Additional Tools for Enersys Stock Analysis
When running Enersys' price analysis, check to
measure Enersys' 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 Enersys is operating at the current time. Most of Enersys' value examination focuses on studying past and present price action to
predict the probability of Enersys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enersys' price. Additionally, you may evaluate how the addition of Enersys to your portfolios can decrease your overall portfolio volatility.