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 Ptb Ratio and its Ev To Sales 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.
Ptb Ratio vs Ev To Sales
Ptb Ratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fab Form Industries Ptb Ratio account and
Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fab Form's Ptb Ratio and Ev To Sales is -0.42. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Sales 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 Ptb Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Fab Form Industries are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Ptb Ratio i.e., Fab Form's Ptb Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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
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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
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