Canasil Resources Stock Price To Earning
Canasil Resources fundamentals help investors to digest information that contributes to Canasil Resources' financial success or failures. It also enables traders to predict the movement of Canasil Pink Sheet. The fundamental analysis module provides a way to measure Canasil Resources' 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 Canasil Resources pink sheet.
Canasil |
Canasil Resources Company Price To Earning Analysis
Canasil Resources' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Canasil Resources Price To Earning | (4.86) X |
Most of Canasil Resources' fundamental indicators, such as Price To Earning, 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, Canasil Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Canasil Resources has a Price To Earning of -4.86 times. This is 104.64% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The price to earning for all United States stocks is 116.92% higher than that of the company.
Canasil Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canasil Resources' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Canasil Resources could also be used in its relative valuation, which is a method of valuing Canasil Resources by comparing valuation metrics of similar companies.Canasil Resources is currently under evaluation in price to earning category among its peers.
Canasil Fundamentals
| Return On Equity | -9.91 | |||
| Return On Asset | -2.55 | |||
| Current Valuation | 3.59 M | |||
| Shares Outstanding | 137.15 M | |||
| Shares Owned By Insiders | 7.25 % | |||
| Price To Earning | (4.86) X | |||
| Price To Book | 111.31 X | |||
| EBITDA | (2.18 M) | |||
| Net Income | (2.23 M) | |||
| Cash And Equivalents | 83.17 K | |||
| Total Debt | 23.17 K | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 0.63 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (2.01 M) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 0.96 | |||
| Market Capitalization | 3.06 M | |||
| Total Asset | 604.18 K | |||
| Z Score | 69.3 | |||
| Net Asset | 604.18 K |
About Canasil Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canasil Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canasil Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canasil Resources 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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Other Information on Investing in Canasil Pink Sheet
Canasil Resources financial ratios help investors to determine whether Canasil Pink Sheet 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 Canasil with respect to the benefits of owning Canasil Resources security.