Electra Battery Materials Stock Price To Earning
ELBM Stock | 0.68 0.01 1.49% |
Electra Battery Materials fundamentals help investors to digest information that contributes to Electra Battery's financial success or failures. It also enables traders to predict the movement of Electra Stock. The fundamental analysis module provides a way to measure Electra Battery'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 Electra Battery stock.
Electra | Price To Earning |
Electra Battery Materials Company Price To Earning Analysis
Electra Battery's 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.
Electra Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Electra Battery is extremely important. It helps to project a fair market value of Electra Stock properly, considering its historical fundamentals such as Price To Earning. Since Electra Battery'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 Electra Battery'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 Electra Battery's interrelated accounts and indicators.
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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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Electra Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Electra Battery Materials has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.
Electra Battery Current Valuation Drivers
We derive many important indicators used in calculating different scores of Electra Battery from analyzing Electra Battery's financial statements. These drivers represent accounts that assess Electra Battery's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Electra Battery's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 61.9M | 148.9M | 157.4M | 79.0M | 22.1M | 21.0M | |
Enterprise Value | 63.8M | 151.4M | 122.0M | 100.7M | 58.3M | 58.2M |
Electra Fundamentals
Return On Equity | -0.78 | ||||
Return On Asset | -0.042 | ||||
Current Valuation | 89.74 M | ||||
Shares Outstanding | 57.37 M | ||||
Shares Owned By Insiders | 1.16 % | ||||
Shares Owned By Institutions | 4.83 % | ||||
Number Of Shares Shorted | 968.45 K | ||||
Price To Book | 0.60 X | ||||
EBITDA | (12.73 M) | ||||
Net Income | (64.67 M) | ||||
Total Debt | 65.39 M | ||||
Book Value Per Share | 1.49 X | ||||
Cash Flow From Operations | (23.05 M) | ||||
Short Ratio | 34.09 X | ||||
Earnings Per Share | (1.41) X | ||||
Target Price | 2.35 | ||||
Beta | 1.95 | ||||
Market Capitalization | 39.01 M | ||||
Total Asset | 148.69 M | ||||
Retained Earnings | (245.44 M) | ||||
Working Capital | (5.39 M) | ||||
Net Asset | 148.69 M |
About Electra Battery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electra Battery Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electra Battery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electra Battery Materials 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 Electra Stock Analysis
When running Electra Battery's price analysis, check to measure Electra Battery'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 Electra Battery is operating at the current time. Most of Electra Battery's value examination focuses on studying past and present price action to predict the probability of Electra Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra Battery's price. Additionally, you may evaluate how the addition of Electra Battery to your portfolios can decrease your overall portfolio volatility.