URE Ptb Ratio vs Ev To Sales Analysis

URE Stock  CAD 1.74  0.07  3.87%   
Ur Energy financial indicator trend analysis is much more than just breaking down Ur Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ur Energy is a good investment. Please check the relationship between Ur Energy Ptb Ratio and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. 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.
To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.

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 Ur Energy Ptb Ratio account and Ev To Sales. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ur Energy's Ptb Ratio and Ev To Sales is 0.18. 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 Ur Energy, assuming nothing else is changed. The correlation between historical values of Ur Energy'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 Ur Energy 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., Ur Energy's Ptb Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

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 Ur Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ur Energy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. 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.
To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.At this time, Ur Energy's Issuance Of Capital Stock is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value is likely to grow to about 364.7 M, while Selling General Administrative is likely to drop about 4.8 M.
 2021 2022 2023 2024 (projected)
Total Revenue16K19K17.7M16.5M
Cost Of Revenue7M6.9M19.4M17.2M

Ur Energy fundamental ratios Correlations

0.20.720.510.440.590.36-0.31-0.880.420.540.620.350.560.440.150.85-0.80.70.390.680.130.690.870.51-0.02
0.20.050.72-0.650.740.660.790.10.02-0.510.67-0.030.1-0.580.49-0.2-0.540.730.330.03-0.370.770.58-0.490.58
0.720.050.190.390.610.48-0.18-0.780.320.280.640.260.470.190.010.66-0.710.470.130.480.040.430.690.22-0.47
0.510.720.19-0.270.630.580.31-0.260.42-0.010.56-0.040.11-0.080.120.21-0.60.680.530.19-0.110.760.680.00.76
0.44-0.650.39-0.27-0.28-0.43-0.75-0.470.290.64-0.240.020.050.66-0.160.610.11-0.31-0.030.420.04-0.320.040.64-0.5
0.590.740.610.63-0.280.720.49-0.430.28-0.240.970.210.44-0.350.380.26-0.880.840.370.13-0.140.840.89-0.270.15
0.360.660.480.58-0.430.720.47-0.280.09-0.270.710.210.35-0.36-0.070.2-0.730.740.270.28-0.190.760.65-0.320.16
-0.310.79-0.180.31-0.750.490.470.53-0.29-0.930.44-0.06-0.04-0.950.35-0.54-0.150.320.09-0.36-0.580.360.15-0.920.36
-0.880.1-0.78-0.26-0.47-0.43-0.280.53-0.43-0.68-0.47-0.3-0.51-0.580.07-0.890.74-0.53-0.38-0.51-0.39-0.48-0.7-0.630.24
0.420.020.320.420.290.280.09-0.29-0.430.440.2-0.3-0.190.42-0.060.27-0.220.10.13-0.060.350.130.360.430.11
0.54-0.510.28-0.010.64-0.24-0.27-0.93-0.680.44-0.210.060.10.99-0.190.62-0.12-0.010.070.510.63-0.050.120.99-0.15
0.620.670.640.56-0.240.970.710.44-0.470.2-0.210.420.62-0.330.310.33-0.890.860.290.21-0.080.850.88-0.260.07
0.35-0.030.26-0.040.020.210.21-0.06-0.3-0.30.060.420.95-0.02-0.210.39-0.390.42-0.180.420.220.370.26-0.04-0.2
0.560.10.470.110.050.440.35-0.04-0.51-0.190.10.620.950.0-0.060.55-0.630.62-0.020.50.180.570.520.01-0.2
0.44-0.580.19-0.080.66-0.35-0.36-0.95-0.580.420.99-0.33-0.020.0-0.210.540.02-0.140.010.450.62-0.180.00.99-0.16
0.150.490.010.12-0.160.38-0.070.350.07-0.06-0.190.31-0.21-0.06-0.21-0.14-0.20.31-0.040.05-0.230.30.31-0.150.1
0.85-0.20.660.210.610.260.2-0.54-0.890.270.620.330.390.550.54-0.14-0.590.440.30.60.140.420.610.57-0.24
-0.8-0.54-0.71-0.60.11-0.88-0.73-0.150.74-0.22-0.12-0.89-0.39-0.630.02-0.2-0.59-0.93-0.46-0.42-0.08-0.91-0.94-0.07-0.09
0.70.730.470.68-0.310.840.740.32-0.530.1-0.010.860.420.62-0.140.310.44-0.930.40.43-0.010.990.89-0.050.3
0.390.330.130.53-0.030.370.270.09-0.380.130.070.29-0.18-0.020.01-0.040.3-0.460.40.01-0.090.440.530.130.44
0.680.030.480.190.420.130.28-0.36-0.51-0.060.510.210.420.50.450.050.6-0.420.430.010.010.410.440.47-0.16
0.13-0.370.04-0.110.04-0.14-0.19-0.58-0.390.350.63-0.080.220.180.62-0.230.14-0.08-0.01-0.090.01-0.08-0.060.6-0.05
0.690.770.430.76-0.320.840.760.36-0.480.13-0.050.850.370.57-0.180.30.42-0.910.990.440.41-0.080.89-0.090.39
0.870.580.690.680.040.890.650.15-0.70.360.120.880.260.520.00.310.61-0.940.890.530.44-0.060.890.10.15
0.51-0.490.220.00.64-0.27-0.32-0.92-0.630.430.99-0.26-0.040.010.99-0.150.57-0.07-0.050.130.470.6-0.090.1-0.1
-0.020.58-0.470.76-0.50.150.160.360.240.11-0.150.07-0.2-0.2-0.160.1-0.24-0.090.30.44-0.16-0.050.390.15-0.1
Click cells to compare fundamentals

Ur Energy Account Relationship Matchups

Ur Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets90.4M81.8M120.8M107.9M128.4M100.1M
Short Long Term Debt Total12.2M13.2M12.3M11.1M6.5M6.2M
Other Current Liab1.6M2.6M4.0M518K2.4M2.5M
Total Current Liabilities2.3M3.6M6.2M6.6M10.0M6.2M
Total Stockholder Equity44.3M34.1M69.4M62.5M74.9M45.6M
Property Plant And Equipment Net66.8M61.1M56.3M55.8M56.0M61.7M
Net Debt4.5M9.0M(33.8M)(21.9M)(53.2M)(50.5M)
Retained Earnings(165.4M)(180.2M)(203.1M)(220.3M)(250.9M)(238.4M)
Accounts Payable523K396K854K660K1.7M1.8M
Cash7.8M4.3M46.2M33.0M59.7M62.7M
Non Current Assets Total81.7M76.7M72.2M64.0M64.7M70.9M
Non Currrent Assets Other14.9M15.6M15.8M8.1M8.6M8.3M
Other Assets15.2M15.7M15.9M8.1M9.4M7.7M
Cash And Short Term Investments7.8M4.3M46.2M33.0M59.7M62.7M
Net Receivables22K0.04K8K77K73.2K
Common Stock Shares Outstanding151.6M159.9M164.3M195.7M260.0M143.7M
Liabilities And Stockholders Equity90.4M81.8M120.8M107.9M128.4M100.1M
Non Current Liabilities Total43.8M44.2M45.2M38.8M43.5M37.0M
Inventory4.5M1.8M0.09.9M2.6M2.2M
Other Current Assets885K814K2.4M1.0M1.3M805.1K
Other Stockholder Equity20.3M20.9M20.0M19.8M19.9M37.8M
Total Liab46.1M47.7M51.5M45.4M53.5M37.3M
Property Plant And Equipment Gross66.8M61.1M75.4M76.6M78.8M65.4M
Total Current Assets8.7M5.1M48.6M43.9M63.7M66.9M
Accumulated Other Comprehensive Income3.7M3.7M4.1M4.3M3.7M2.0M
Short Term Debt0.0459K1.3M5.4M5.9M3.6M
Common Stock Total Equity177.1M185.2M185.8M189.6M218.1M194.8M
Intangible Assets28K25K56K79K131K115.2K
Common Stock185.8M189.6M248.3M258.6M302.2M220.3M
Other Liab31.5M31.4M34.2M33.1M38.0M32.7M
Net Tangible Assets44.3M34.1M69.3M62.4M71.8M49.0M
Long Term Debt12.2M12.7M11.1M5.7M5.1M4.9M
Property Plant Equipment66.8M61.1M56.3M55.8M50.2M55.6M
Long Term Debt Total12.2M12.7M11.1M5.7M5.1M4.9M
Capital Surpluse20.3M20.9M20.0M19.8M22.8M20.1M
Cash And Equivalents6.0M3.4M37.1M30.4M35.0M36.8M

Pair Trading with Ur Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ur Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ur Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with URE Stock

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Moving against URE Stock

  0.6SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Ur Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ur Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ur Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ur Energy to buy it.
The correlation of Ur Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ur Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ur Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ur Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ur Energy is a strong investment it is important to analyze Ur Energy'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 Ur Energy's future performance. For an informed investment choice regarding URE Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. 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.
To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Please note, there is a significant difference between Ur Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ur Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ur Energy'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.