CAE Stock | | | CAD 32.91 0.31 0.95% |
CAE financial indicator trend analysis is way more than just evaluating CAE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAE Inc is a good investment. Please check the relationship between CAE Price To Sales Ratio and its Book Value Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CAE Inc Price To Sales Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between CAE's Price To Sales Ratio and Book Value Per Share is 0.61. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of CAE Inc, assuming nothing else is changed. The correlation between historical values of CAE's Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of CAE Inc are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., CAE's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing CAE Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CAE sales, a figure that is much harder to manipulate than other CAE Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from CAE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAE Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, CAE's
Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024,
Enterprise Value Multiple is likely to grow to 103.95, while
Selling General Administrative is likely to drop about 323.8
M.
CAE fundamental ratios Correlations
Click cells to compare fundamentals
CAE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CAE fundamental ratios Accounts
When determining whether CAE Inc is a strong investment it is important to analyze CAE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CAE's
future performance.
For an informed investment choice regarding CAE Stock, refer to the following important reports: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
You can also try the
Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between CAE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.