Canada Price To Sales Ratio vs Ptb Ratio Analysis

CCB Stock  CAD 0.01  0.01  25.00%   
Canada Carbon financial indicator trend analysis is way more than just evaluating Canada Carbon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Carbon is a good investment. Please check the relationship between Canada Carbon Price To Sales Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canada Carbon. 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 Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Carbon Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
Price To Sales RatioPtb RatioDiversified AwayPrice To Sales RatioPtb RatioDiversified Away100%
The correlation between Canada Carbon's Price To Sales Ratio and Ptb Ratio is -0.19. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Canada Carbon, assuming nothing else is changed. The correlation between historical values of Canada Carbon's Price To Sales Ratio and Ptb Ratio 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 Canada Carbon are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Canada Carbon's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Canada Carbon stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canada Carbon sales, a figure that is much harder to manipulate than other Canada Carbon 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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Canada Carbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Carbon 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 Canada Carbon. 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, Canada Carbon's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 305.13 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 966.3 K in 2024.
 2010 2023 2024 (projected)
Interest Income5.6K5.1K4.5K
Net Interest Income5.6K5.1K4.5K

Canada Carbon fundamental ratios Correlations

0.650.650.990.85-0.25-0.720.360.250.850.25-0.160.75-0.01-0.280.660.190.09-0.590.09-0.470.11-0.580.890.310.87
0.651.00.580.890.2-0.570.78-0.210.89-0.21-0.250.88-0.34-0.691.0-0.120.67-0.350.67-0.630.25-0.260.78-0.070.74
0.651.00.580.890.2-0.570.79-0.210.89-0.21-0.250.88-0.34-0.691.0-0.130.67-0.340.67-0.630.25-0.260.78-0.080.74
0.990.580.580.83-0.32-0.720.30.320.830.32-0.130.720.06-0.190.590.250.07-0.610.07-0.470.05-0.610.870.340.85
0.850.890.890.830.02-0.720.62-0.031.0-0.03-0.260.92-0.14-0.470.890.030.55-0.550.55-0.70.11-0.480.920.040.87
-0.250.20.2-0.320.020.180.11-1.00.02-1.0-0.34-0.03-0.5-0.430.19-0.970.170.280.170.090.240.25-0.11-0.85-0.12
-0.72-0.57-0.57-0.72-0.720.18-0.37-0.18-0.72-0.180.14-0.8-0.030.07-0.58-0.18-0.310.93-0.310.83-0.110.89-0.89-0.26-0.66
0.360.780.790.30.620.11-0.37-0.120.63-0.120.090.7-0.26-0.390.780.030.75-0.220.75-0.6-0.17-0.140.51-0.160.49
0.25-0.21-0.210.32-0.03-1.0-0.18-0.12-0.031.00.340.020.50.43-0.20.96-0.19-0.27-0.19-0.08-0.23-0.250.10.850.12
0.850.890.890.831.00.02-0.720.63-0.03-0.03-0.250.92-0.15-0.470.890.030.55-0.550.55-0.70.11-0.480.920.040.86
0.25-0.21-0.210.32-0.03-1.0-0.18-0.121.0-0.030.340.020.50.43-0.20.96-0.19-0.27-0.19-0.08-0.23-0.250.10.850.12
-0.16-0.25-0.25-0.13-0.26-0.340.140.090.34-0.250.34-0.330.040.47-0.250.47-0.01-0.11-0.01-0.07-0.28-0.18-0.35-0.12-0.49
0.750.880.880.720.92-0.03-0.80.70.020.920.02-0.33-0.07-0.450.890.070.62-0.580.62-0.770.08-0.480.940.150.88
-0.01-0.34-0.340.06-0.14-0.5-0.03-0.260.5-0.150.50.04-0.070.54-0.330.48-0.13-0.14-0.13-0.020.03-0.11-0.050.56-0.01
-0.28-0.69-0.69-0.19-0.47-0.430.07-0.390.43-0.470.430.47-0.450.54-0.680.43-0.29-0.22-0.290.02-0.26-0.26-0.370.18-0.44
0.661.01.00.590.890.19-0.580.78-0.20.89-0.2-0.250.89-0.33-0.68-0.110.67-0.350.67-0.630.25-0.260.79-0.060.75
0.19-0.12-0.130.250.03-0.97-0.180.030.960.030.960.470.070.480.43-0.110.04-0.30.04-0.23-0.28-0.260.090.740.06
0.090.670.670.070.550.17-0.310.75-0.190.55-0.19-0.010.62-0.13-0.290.670.04-0.231.0-0.74-0.08-0.110.36-0.230.28
-0.59-0.35-0.34-0.61-0.550.280.93-0.22-0.27-0.55-0.27-0.11-0.58-0.14-0.22-0.35-0.3-0.23-0.230.83-0.050.99-0.7-0.24-0.4
0.090.670.670.070.550.17-0.310.75-0.190.55-0.19-0.010.62-0.13-0.290.670.041.0-0.23-0.74-0.08-0.110.36-0.230.28
-0.47-0.63-0.63-0.47-0.70.090.83-0.6-0.08-0.7-0.08-0.07-0.77-0.020.02-0.63-0.23-0.740.83-0.740.020.75-0.7-0.03-0.45
0.110.250.250.050.110.24-0.11-0.17-0.230.11-0.23-0.280.080.03-0.260.25-0.28-0.08-0.05-0.080.02-0.050.110.060.03
-0.58-0.26-0.26-0.61-0.480.250.89-0.14-0.25-0.48-0.25-0.18-0.48-0.11-0.26-0.26-0.26-0.110.99-0.110.75-0.05-0.64-0.18-0.33
0.890.780.780.870.92-0.11-0.890.510.10.920.1-0.350.94-0.05-0.370.790.090.36-0.70.36-0.70.11-0.640.250.92
0.31-0.07-0.080.340.04-0.85-0.26-0.160.850.040.85-0.120.150.560.18-0.060.74-0.23-0.24-0.23-0.030.06-0.180.250.3
0.870.740.740.850.87-0.12-0.660.490.120.860.12-0.490.88-0.01-0.440.750.060.28-0.40.28-0.450.03-0.330.920.3
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Canada Carbon Account Relationship Matchups

Canada Carbon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0M7.4M8.0M8.9M9.6M5.1M
Other Current Liab1.2M743.2K821.5K1.3M1.6M1.7M
Total Current Liabilities1.2M743.2K821.5K1.3M1.6M1.7M
Total Stockholder Equity5.8M6.6M7.2M7.6M7.9M4.5M
Property Plant And Equipment Net6.7M6.8M7.1M8.0M9.0M9.5M
Net Debt(315.6K)(564.1K)(864.6K)(816.6K)(409.0K)(429.4K)
Retained Earnings(27.5M)(27.8M)(28.3M)(28.9M)(29.7M)(28.2M)
Accounts Payable67.9K47.5K124.4K1.1M1.2M1.3M
Cash315.6K564.1K864.6K816.6K409.0K388.5K
Non Current Assets Total6.7M6.8M7.2M8.0M9.0M9.5M
Cash And Short Term Investments315.6K564.1K864.6K816.6K409.0K388.5K
Net Receivables6.6K6.5K19.8K86.0K96.2K70.1K
Common Stock Shares Outstanding111.1M116.9M124.0M139.7M166.7M175.1M
Liabilities And Stockholders Equity7.0M7.4M8.0M8.9M9.6M5.1M
Other Current Assets19.4K10.8K10.4K12.5K11.4K14.2K
Other Stockholder Equity1.1M970.2K807.0K888.6K1.0M970.8K
Total Liab1.2M773.2K851.5K1.3M1.7M1.7M
Total Current Assets341.6K581.4K894.8K915.1K516.6K919.5K
Accumulated Other Comprehensive Income970.2K807.0K879.7K888.6K1.2M972.8K
Common Stock32.4M33.6M34.6M35.6M36.4M33.6M
Net Tangible Assets6.3M5.8M6.6M7.6M8.8M6.4M
Property Plant Equipment6.6M6.7M6.8M8.0M9.2M6.1M
Net Invested Capital5.8M6.6M7.2M7.6M7.9M7.6M
Net Working Capital(845.6K)(161.8K)73.3K(351.1K)(1.1M)(1.1M)
Capital Stock32.4M33.6M34.6M35.6M36.4M37.5M

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