Canadian Life Companies Preferred Stock Price To Earnings To Growth
| LFE-PB Preferred Stock | CAD 10.71 0.10 0.94% |
Canadian Life Companies fundamentals help investors to digest information that contributes to Canadian Life's financial success or failures. It also enables traders to predict the movement of Canadian Preferred Stock. The fundamental analysis module provides a way to measure Canadian Life'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 Canadian Life preferred stock.
Canadian |
Canadian Life Companies Company Price To Earnings To Growth Analysis
Canadian Life's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Canadian Life Companies has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Financial Services sector and 100.0% lower than that of the Asset Management industry. The price to earnings to growth for all Canada preferred stocks is 100.0% higher than that of the company.
Canadian Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Life's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Canadian Life could also be used in its relative valuation, which is a method of valuing Canadian Life by comparing valuation metrics of similar companies.Canadian Life is currently under evaluation in price to earnings to growth category among its peers.
Canadian Fundamentals
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.0095 | ||||
| Operating Margin | 3.07 % | ||||
| Current Valuation | 84.21 M | ||||
| Shares Outstanding | 15.57 M | ||||
| Shares Owned By Institutions | 2.52 % | ||||
| Number Of Shares Shorted | 7.01 K | ||||
| Price To Sales | 1.54 X | ||||
| Revenue | 27.59 M | ||||
| Gross Profit | 29.16 M | ||||
| Net Income | 18.67 M | ||||
| Cash And Equivalents | 193.17 M | ||||
| Cash Per Share | 13.52 X | ||||
| Total Debt | 142.93 M | ||||
| Debt To Equity | 281.00 % | ||||
| Current Ratio | 1.35 X | ||||
| Book Value Per Share | 3.28 X | ||||
| Cash Flow From Operations | 25.65 M | ||||
| Short Ratio | 0.94 X | ||||
| Earnings Per Share | 1.46 X | ||||
| Beta | 3.02 | ||||
| Market Capitalization | 47.76 M | ||||
| Total Asset | 174.85 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 6.13 % | ||||
| Net Asset | 174.85 M | ||||
| Last Dividend Paid | 0.2 |
About Canadian Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Life Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Life Companies 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.
Pair Trading with Canadian Life
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 Canadian Life 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 Canadian Life will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Preferred Stock
| 0.85 | BN | Brookfield | PairCorr |
| 0.85 | BAM | Brookfield Asset Man | PairCorr |
| 0.84 | PVF-UN | Partners Value Inves | PairCorr |
| 0.9 | IGM | IGM Financial | PairCorr |
Moving against Canadian Preferred Stock
| 0.92 | CMC | Cielo Waste Solutions | PairCorr |
| 0.81 | AEMC | Alaska Energy Metals | PairCorr |
| 0.63 | PNTI-P | Pentagon I Capital | PairCorr |
| 0.43 | MAS | MAS Gold Corp | PairCorr |
The ability to find closely correlated positions to Canadian Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Life 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 Canadian Life - 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 Canadian Life Companies to buy it.
The correlation of Canadian Life 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 Canadian Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Life Companies 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 Canadian Life 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.Other Information on Investing in Canadian Preferred Stock
Canadian Life financial ratios help investors to determine whether Canadian Preferred 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 Canadian with respect to the benefits of owning Canadian Life security.