FBF Stock | | | CAD 1.46 0.01 0.68% |
Fab Form financial indicator trend analysis is much more than just examining Fab Form Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fab Form Industries is a good investment. Please check the relationship between Fab Form Pb Ratio and its Book Value Per Share accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fab Form Industries. 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.
Pb Ratio vs Book Value Per Share
Pb 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
Fab Form Industries Pb Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fab Form's Pb Ratio and Book Value Per Share is 0.15. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Fab Form Industries, assuming nothing else is changed. The correlation between historical values of Fab Form's Pb 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 Pb Ratio of Fab Form Industries 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 Pb Ratio i.e., Fab Form's Pb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Pb Ratio
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 Fab Form's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fab Form Industries 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fab Form Industries. 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, Fab Form's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 15.6
M in 2024, whereas
Tax Provision is likely to drop slightly above 208.5
K in 2024.
Fab Form fundamental ratios Correlations
Click cells to compare fundamentals
Fab Form Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fab Form fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Fab Stock Analysis
When running Fab Form's price analysis, check to
measure Fab Form'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 Fab Form is operating at the current time. Most of Fab Form's value examination focuses on studying past and present price action to
predict the probability of Fab Form's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fab Form's price. Additionally, you may evaluate how the addition of Fab Form to your portfolios can decrease your overall portfolio volatility.