ALDD Financial Statements From 2010 to 2024
| ALDD-P Stock | 0.07 0.00 0.00% |
Market Capitalization 570 K | Earnings Share (0.01) |
Check ALDD Ventures financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ALDD Ventures' main balance sheet or income statement drivers, such as , as well as many indicators such as . ALDD financial statements analysis is a perfect complement when working with ALDD Ventures Valuation or Volatility modules.
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ALDD Ventures Corp Company Price To Book Analysis
ALDD Ventures' 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 ALDD Ventures Price To Book | 1.61 X |
Most of ALDD Ventures' 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, ALDD Ventures Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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Based on the latest financial disclosure, ALDD Ventures Corp has a Price To Book of 1.6084 times. This is much higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The price to book for all Canada stocks is notably lower than that of the firm.
ALDD Ventures Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ALDD Ventures's current stock value. Our valuation model uses many indicators to compare ALDD Ventures value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ALDD Ventures competition to find correlations between indicators driving ALDD Ventures's intrinsic value. More Info.ALDD Ventures Corp is rated third in current valuation category among its peers. It is rated fifth in shares outstanding category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value ALDD Ventures by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ALDD Ventures' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About ALDD Ventures Financial Statements
ALDD Ventures stakeholders use historical fundamental indicators, such as ALDD Ventures' revenue or net income, to determine how well the company is positioned to perform in the future. Although ALDD Ventures investors may analyze each financial statement separately, they are all interrelated. For example, changes in ALDD Ventures' assets and liabilities are reflected in the revenues and expenses on ALDD Ventures' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ALDD Ventures Corp. Please read more on our technical analysis and fundamental analysis pages.
ALDD Ventures is entity of Canada. It is traded as Stock on V exchange.
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ALDD Ventures financial ratios help investors to determine whether ALDD Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALDD with respect to the benefits of owning ALDD Ventures security.