Medicure Stock Price To Earning
| MPH Stock | CAD 0.98 0.01 1.01% |
Medicure fundamentals help investors to digest information that contributes to Medicure's financial success or failures. It also enables traders to predict the movement of Medicure Stock. The fundamental analysis module provides a way to measure Medicure'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 Medicure stock.
Medicure |
Medicure Company Price To Earning Analysis
Medicure'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.
Current Medicure Price To Earning | 22.88 X |
Most of Medicure's 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, Medicure 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.
| Competition |
Based on the latest financial disclosure, Medicure has a Price To Earning of 22.88 times. This is 11.46% lower than that of the Pharmaceuticals sector and notably higher than that of the Health Care industry. The price to earning for all Canada stocks is 20.33% higher than that of the company.
Medicure Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Medicure's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Medicure could also be used in its relative valuation, which is a method of valuing Medicure by comparing valuation metrics of similar companies.Medicure is currently under evaluation in price to earning category among its peers.
Medicure Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0563 | ||||
| Profit Margin | (0.13) % | ||||
| Operating Margin | (0.22) % | ||||
| Current Valuation | 6.26 M | ||||
| Shares Outstanding | 10.44 M | ||||
| Shares Owned By Insiders | 26.67 % | ||||
| Shares Owned By Institutions | 23.09 % | ||||
| Number Of Shares Shorted | 2.69 K | ||||
| Price To Earning | 22.88 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 0.49 X | ||||
| Revenue | 21.69 M | ||||
| Gross Profit | 12.71 M | ||||
| EBITDA | 1.32 M | ||||
| Net Income | (922 K) | ||||
| Cash And Equivalents | 45.7 M | ||||
| Cash Per Share | 3.07 X | ||||
| Total Debt | 544 K | ||||
| Debt To Equity | 0.70 % | ||||
| Current Ratio | 4.71 X | ||||
| Book Value Per Share | 1.91 X | ||||
| Cash Flow From Operations | 2.08 M | ||||
| Short Ratio | 1.52 X | ||||
| Earnings Per Share | (0.20) X | ||||
| Target Price | 2.8 | ||||
| Beta | 0.87 | ||||
| Market Capitalization | 10.23 M | ||||
| Total Asset | 28.06 M | ||||
| Retained Earnings | (65.85 M) | ||||
| Working Capital | 7.27 M | ||||
| Net Asset | 28.06 M |
About Medicure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Medicure's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Medicure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Medicure 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 Medicure Stock Analysis
When running Medicure's price analysis, check to measure Medicure'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 Medicure is operating at the current time. Most of Medicure's value examination focuses on studying past and present price action to predict the probability of Medicure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicure's price. Additionally, you may evaluate how the addition of Medicure to your portfolios can decrease your overall portfolio volatility.