Therma Bright Stock Price To Earning
THRM Stock | CAD 0.03 0.01 16.67% |
Therma Bright fundamentals help investors to digest information that contributes to Therma Bright's financial success or failures. It also enables traders to predict the movement of Therma Stock. The fundamental analysis module provides a way to measure Therma Bright'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 Therma Bright stock.
Therma | Price To Earning |
Therma Bright Company Price To Earning Analysis
Therma Bright'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.
Therma Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Therma Bright is extremely important. It helps to project a fair market value of Therma Stock properly, considering its historical fundamentals such as Price To Earning. Since Therma Bright'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 Therma Bright'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 Therma Bright'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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Therma Retained Earnings
Based on the latest financial disclosure, Therma Bright has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.
Therma Bright Current Valuation Drivers
We derive many important indicators used in calculating different scores of Therma Bright from analyzing Therma Bright's financial statements. These drivers represent accounts that assess Therma Bright's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Therma Bright's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 30.3M | 82.0M | 36.6M | 9.7M | 8.0M | 16.0M | |
Enterprise Value | 29.3M | 80.2M | 33.6M | 9.6M | 8.0M | 15.6M |
Therma Fundamentals
Return On Equity | -1.74 | ||||
Return On Asset | -0.47 | ||||
Operating Margin | (64.94) % | ||||
Current Valuation | 13.36 M | ||||
Shares Outstanding | 443.14 M | ||||
Shares Owned By Insiders | 7.58 % | ||||
Number Of Shares Shorted | 110.06 K | ||||
Price To Book | 10.04 X | ||||
Price To Sales | 514.38 X | ||||
Revenue | 23.9 K | ||||
Gross Profit | 63.48 K | ||||
EBITDA | (3.6 M) | ||||
Net Income | (3.77 M) | ||||
Cash And Equivalents | 6.18 K | ||||
Total Debt | 90.39 K | ||||
Debt To Equity | 844.90 % | ||||
Current Ratio | 0.08 X | ||||
Book Value Per Share | 0.01 X | ||||
Cash Flow From Operations | (2.17 M) | ||||
Short Ratio | 0.12 X | ||||
Earnings Per Share | (0.01) X | ||||
Beta | 3.02 | ||||
Market Capitalization | 13.29 M | ||||
Total Asset | 2.21 M | ||||
Retained Earnings | (35.78 M) | ||||
Working Capital | (1.69 M) | ||||
Net Asset | 2.21 M |
About Therma Bright Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Therma Bright's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Therma Bright using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Therma Bright 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 Therma Stock Analysis
When running Therma Bright's price analysis, check to measure Therma Bright'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 Therma Bright is operating at the current time. Most of Therma Bright's value examination focuses on studying past and present price action to predict the probability of Therma Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Therma Bright's price. Additionally, you may evaluate how the addition of Therma Bright to your portfolios can decrease your overall portfolio volatility.