Eastwood Bio Medical Canada Stock Price To Book

EBM Stock  CAD 0.75  0.05  6.25%   
Eastwood Bio Medical Canada fundamentals help investors to digest information that contributes to Eastwood Bio-Medical's financial success or failures. It also enables traders to predict the movement of Eastwood Stock. The fundamental analysis module provides a way to measure Eastwood Bio-Medical's 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 Eastwood Bio-Medical stock.
Price To Book Ratio is likely to climb to -206.81 in 2024.
  
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Eastwood Bio Medical Canada Company Price To Book Analysis

Eastwood Bio-Medical's 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.

P/B

 = 

MV Per Share

BV Per Share

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Current Eastwood Bio-Medical Price To Book

    
  2,943 X  
Most of Eastwood Bio-Medical's 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, Eastwood Bio Medical Canada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eastwood Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Eastwood Bio-Medical is extremely important. It helps to project a fair market value of Eastwood Stock properly, considering its historical fundamentals such as Price To Book. Since Eastwood Bio-Medical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eastwood Bio-Medical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eastwood Bio-Medical's interrelated accounts and indicators.
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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Eastwood Book Value Per Share

Book Value Per Share

(0.0133)

At this time, Eastwood Bio-Medical's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Eastwood Bio Medical Canada has a Price To Book of 2.94 K times. This is much higher than that of the Consumer Staples Distribution & Retail sector and notably higher than that of the Consumer Staples industry. The price to book for all Canada stocks is notably lower than that of the firm.

Eastwood Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastwood Bio-Medical's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastwood Bio-Medical could also be used in its relative valuation, which is a method of valuing Eastwood Bio-Medical by comparing valuation metrics of similar companies.
Eastwood Bio is currently under evaluation in price to book category among its peers.

Eastwood Bio-Medical Current Valuation Drivers

We derive many important indicators used in calculating different scores of Eastwood Bio-Medical from analyzing Eastwood Bio-Medical's financial statements. These drivers represent accounts that assess Eastwood Bio-Medical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eastwood Bio-Medical's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap78.2M84.1M82.7M114.7M103.2M79.5M
Enterprise Value78.1M84.1M82.7M114.7M103.2M78.8M

Eastwood Fundamentals

About Eastwood Bio-Medical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastwood Bio Medical Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastwood Bio-Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastwood Bio Medical Canada 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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Additional Tools for Eastwood Stock Analysis

When running Eastwood Bio-Medical's price analysis, check to measure Eastwood Bio-Medical's 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 Eastwood Bio-Medical is operating at the current time. Most of Eastwood Bio-Medical's value examination focuses on studying past and present price action to predict the probability of Eastwood Bio-Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastwood Bio-Medical's price. Additionally, you may evaluate how the addition of Eastwood Bio-Medical to your portfolios can decrease your overall portfolio volatility.