Sokoman Minerals Corp Stock Price To Earning

SIC Stock  CAD 0.04  0.01  12.50%   
Sokoman Minerals Corp fundamentals help investors to digest information that contributes to Sokoman Minerals' financial success or failures. It also enables traders to predict the movement of Sokoman Stock. The fundamental analysis module provides a way to measure Sokoman Minerals' 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 Sokoman Minerals stock.
  
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Sokoman Minerals Corp Company Price To Earning Analysis

Sokoman Minerals' 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.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Sokoman Minerals Price To Earning

    
  (2.50) X  
Most of Sokoman Minerals' 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, Sokoman Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sokoman Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Sokoman Minerals is extremely important. It helps to project a fair market value of Sokoman Stock properly, considering its historical fundamentals such as Price To Earning. Since Sokoman Minerals' 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 Sokoman Minerals' 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 Sokoman Minerals' interrelated accounts and indicators.
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

Sokoman Retained Earnings

Retained Earnings

(42.5 Million)

Sokoman Minerals reported Retained Earnings of (44.73 Million) in 2023
Based on the latest financial disclosure, Sokoman Minerals Corp has a Price To Earning of -2.5 times. This is 102.39% lower than that of the Metals & Mining sector and 126.74% lower than that of the Materials industry. The price to earning for all Canada stocks is 108.7% higher than that of the company.

Sokoman Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sokoman Minerals' 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 Sokoman Minerals could also be used in its relative valuation, which is a method of valuing Sokoman Minerals by comparing valuation metrics of similar companies.
Sokoman Minerals is currently under evaluation in price to earning category among its peers.

Sokoman Minerals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sokoman Minerals from analyzing Sokoman Minerals' financial statements. These drivers represent accounts that assess Sokoman Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sokoman Minerals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.9M101.2M48.9M21.9M10.5M13.6M
Enterprise Value12.2M85.8M38.6M17.0M7.9M11.1M

Sokoman Fundamentals

About Sokoman Minerals Fundamental Analysis

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

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