Cannlabs Current Valuation vs. Price To Book
| CANL Stock | USD 0.0001 0.00 0.00% |
For Cannlabs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cannlabs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cannlabs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cannlabs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cannlabs over time as well as its relative position and ranking within its peers.
Cannlabs |
Cannlabs Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cannlabs's current stock value. Our valuation model uses many indicators to compare Cannlabs value to that of its competitors to determine the firm's financial worth. Cannlabs is the top company in current valuation category among its peers. It also is number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Cannlabs is about 586,796 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cannlabs' earnings, one of the primary drivers of an investment's value.Cannlabs Current Valuation vs. Competition
Cannlabs is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is currently estimated at about 22.15 Million. Cannlabs totals roughly 14.91 Million in current valuation claiming about 67% of equities under Health Care industry.
Cannlabs Price To Book vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Cannlabs |
| = | 14.91 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Cannlabs |
| = | 25.41 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Cannlabs Price To Book Comparison
Cannlabs is currently under evaluation in price to book category among its peers.
Cannlabs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cannlabs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cannlabs will eventually generate negative long term returns. The profitability progress is the general direction of Cannlabs' change in net profit over the period of time. It can combine multiple indicators of Cannlabs, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
CannLabs, Inc. provides cannabis testing laboratory services in the United States. The company also offers dataanalytics and consulting, as well as education services. Cannlabs operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 37 people.
Cannlabs Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cannlabs. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cannlabs position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cannlabs' important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Cannlabs position
In addition to having Cannlabs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Personal Services Theme or any other thematic opportunities.
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Other Information on Investing in Cannlabs Pink Sheet
To fully project Cannlabs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cannlabs at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Cannlabs' income statement, its balance sheet, and the statement of cash flows.