Great Ptb Ratio vs Book Value Per Share Analysis

GWO Stock  CAD 52.06  0.03  0.06%   
Great West financial indicator trend analysis is much more than just examining Great West Lifeco latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great West Lifeco is a good investment. Please check the relationship between Great West Ptb Ratio and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great West Lifeco. 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.

Ptb Ratio vs Book Value Per Share

Ptb Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great West Lifeco Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Great West's Ptb Ratio and Book Value Per Share is -0.22. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Great West Lifeco, assuming nothing else is changed. The correlation between historical values of Great West's Ptb Ratio and Book Value 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 Great West Lifeco are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., Great West's Ptb Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Great West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great West Lifeco 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great West Lifeco. 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.
At this time, Great West's Tax Provision is very stable compared to the past year. As of the 3rd of August 2025, Issuance Of Capital Stock is likely to grow to about 99.2 M, while Selling General Administrative is likely to drop about 3.6 B.
 2022 2023 2024 2025 (projected)
Gross Profit44.7B25.3B29.1B32.7B
Total Revenue44.7B25.3B32.3B32.8B

Great West fundamental ratios Correlations

0.96-0.370.380.750.80.030.780.780.650.010.70.360.351.00.830.150.290.20.80.940.920.850.23-0.20.7
0.96-0.430.420.780.830.20.830.630.450.190.780.420.250.960.830.120.510.120.850.90.840.880.28-0.080.53
-0.37-0.430.39-0.3-0.49-0.16-0.34-0.2-0.070.11-0.35-0.08-0.05-0.37-0.470.8-0.29-0.26-0.36-0.37-0.36-0.430.050.06-0.17
0.380.420.390.660.450.310.640.060.030.590.640.42-0.360.380.430.840.34-0.150.480.280.140.410.520.32-0.03
0.750.78-0.30.660.750.480.970.340.20.420.90.58-0.080.740.790.270.43-0.020.90.570.540.870.580.10.22
0.80.83-0.490.450.750.180.860.410.30.30.890.150.020.80.970.060.420.40.760.770.670.780.04-0.050.33
0.030.2-0.160.310.480.180.43-0.49-0.610.770.530.43-0.550.030.110.080.52-0.290.54-0.23-0.090.270.40.16-0.57
0.780.83-0.340.640.970.860.430.350.220.430.950.42-0.060.780.890.240.430.130.920.650.610.910.40.00.24
0.780.63-0.20.060.340.41-0.490.350.96-0.580.170.140.630.790.520.05-0.220.220.330.830.820.560.04-0.340.99
0.650.45-0.070.030.20.3-0.610.220.96-0.660.05-0.010.60.650.420.09-0.440.320.190.710.730.4-0.06-0.410.97
0.010.190.110.590.420.30.770.43-0.58-0.660.60.3-0.560.010.180.390.69-0.190.46-0.14-0.190.150.330.37-0.68
0.70.78-0.350.640.90.890.530.950.170.050.60.38-0.180.690.850.230.540.130.880.560.510.80.320.080.06
0.360.42-0.080.420.580.150.430.420.14-0.010.30.38-0.030.350.110.250.45-0.740.420.190.060.320.930.610.04
0.350.25-0.05-0.36-0.080.02-0.55-0.060.630.6-0.56-0.18-0.030.360.11-0.14-0.270.00.030.450.50.17-0.16-0.350.66
1.00.96-0.370.380.740.80.030.780.790.650.010.690.350.360.830.150.280.210.80.940.920.850.22-0.210.71
0.830.83-0.470.430.790.970.110.890.520.420.180.850.110.110.830.050.290.430.780.80.740.860.04-0.190.44
0.150.120.80.840.270.060.080.240.050.090.390.230.25-0.140.150.050.03-0.230.170.070.030.080.350.150.01
0.290.51-0.290.340.430.420.520.43-0.22-0.440.690.540.45-0.270.280.290.03-0.220.440.270.010.370.370.55-0.32
0.20.12-0.26-0.15-0.020.4-0.290.130.220.32-0.190.13-0.740.00.210.43-0.23-0.220.110.30.390.17-0.68-0.590.26
0.80.85-0.360.480.90.760.540.920.330.190.460.880.420.030.80.780.170.440.110.620.70.860.35-0.170.22
0.940.9-0.370.280.570.77-0.230.650.830.71-0.140.560.190.450.940.80.070.270.30.620.870.770.07-0.170.77
0.920.84-0.360.140.540.67-0.090.610.820.73-0.190.510.060.50.920.740.030.010.390.70.870.76-0.08-0.560.78
0.850.88-0.430.410.870.780.270.910.560.40.150.80.320.170.850.860.080.370.170.860.770.760.25-0.190.47
0.230.280.050.520.580.040.40.40.04-0.060.330.320.93-0.160.220.040.350.37-0.680.350.07-0.080.250.62-0.05
-0.2-0.080.060.320.1-0.050.160.0-0.34-0.410.370.080.61-0.35-0.21-0.190.150.55-0.59-0.17-0.17-0.56-0.190.62-0.41
0.70.53-0.17-0.030.220.33-0.570.240.990.97-0.680.060.040.660.710.440.01-0.320.260.220.770.780.47-0.05-0.41
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Great West Account Relationship Matchups

Great West fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets600.5B630.5B701.5B713.2B802.2B842.3B
Short Long Term Debt Total11.3B10.3B11.3B9.7B11.1B11.7B
Other Current Liab(4.7B)(4.1B)(4.1B)(3.7B)(3.3B)(3.1B)
Total Current Liabilities4.7B4.1B4.3B3.8B4.4B2.3B
Total Stockholder Equity24.0B27.2B29.0B26.8B29.5B16.4B
Property Plant And Equipment Net1.6B1.5B1.5B1.4B1.4B1.3B
Net Debt2.8B5.0B4.9B2.6B284M269.8M
Retained Earnings15.0B16.4B17.8B15.5B17.3B8.8B
Non Current Assets Total165.3B150.5B164.6B706.2B812.1B852.7B
Non Currrent Assets Other(165.3B)(150.5B)(1.5B)474.8B546.1B573.4B
Other Assets420.6B455.7B510.2B(18.1B)2.6B2.4B
Net Receivables6.7B7.1B7.9B5.8B5.4B3.7B
Common Stock Shares Outstanding927.8M931.0M932.3M933.5M932.1M976.2M
Liabilities And Stockholders Equity600.5B630.5B701.5B713.2B802.2B842.3B
Other Stockholder Equity372M1.7B209M1.7B5.5B5.7B
Total Liab573.5B600.0B669.1B683.4B769.5B808.0B
Total Current Assets14.6B24.3B26.7B25.2B28.9B25.6B
Short Term Debt2.0B1.1B1.2B435M523M848.8M
Other Current Assets24.4B24.4B27.2B29.0B26.1B19.9B
Intangible Assets4.3B5.5B6.2B4.5B5.0B4.0B
Cash7.9B4.8B6.4B7.1B9.6B10.0B
Cash And Short Term Investments7.9B17.2B18.8B19.4B22.3B23.4B
Good Will10.1B9.1B10.6B11.2B11.4B6.7B
Short Term Investments43.3B12.5B12.4B12.3B15.1B23.0B
Non Current Liabilities Total9.7B4.1B4.3B681.2B783.4B822.6B
Accumulated Other Comprehensive Income487M632M981M890M1.0B1.1B
Common Stock5.7B5.7B5.8B6B6.1B5.8B
Accounts Payable2.7B3.0B2.8B3.2B3.5B2.1B
Other Liab410.2B554.7B580.6B644.6B741.3B472.6B
Net Tangible Assets9.6B6.9B9.9B9.5B10.9B9.9B
Long Term Debt8.7B8.6B9.6B8.9B9.3B7.6B
Long Term Investments149.3B134.4B146.2B214.2B228.5B134.3B
Short Long Term Debt1.4B593M1.2B435M523M496.9M
Property Plant Equipment1.6B1.5B1.5B1.4B1.4B1.4B
Inventory(33.0B)(30.3B)(27.2B)(29.0B)(26.1B)(27.4B)
Long Term Debt Total9.3B9.1B10.1B9.2B9.7B8.6B
Capital Surpluse186M192M209M234M208M199.6M
Net Invested Capital31.5B33.7B37.1B33.4B36.7B34.8B

Pair Trading with Great West

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 Great West 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 Great West will appreciate offsetting losses from the drop in the long position's value.

Moving together with Great Stock

  0.61SEC Senvest Capital Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Great West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great West 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 Great West - 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 Great West Lifeco to buy it.
The correlation of Great West 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 Great West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great West Lifeco 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 Great West 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Great Stock

Balance Sheet is a snapshot of the financial position of Great West Lifeco at a specified time, usually calculated after every quarter, six months, or one year. Great West Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Great West and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Great currently owns. An asset can also be divided into two categories, current and non-current.