CanAlaska Uranium Price To Book vs. Book Value Per Share
| CVVUF Stock | USD 0.53 0.01 1.85% |
For CanAlaska Uranium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CanAlaska Uranium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CanAlaska Uranium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CanAlaska Uranium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CanAlaska Uranium over time as well as its relative position and ranking within its peers.
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CanAlaska Uranium Book Value Per Share vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CanAlaska Uranium's current stock value. Our valuation model uses many indicators to compare CanAlaska Uranium value to that of its competitors to determine the firm's financial worth. CanAlaska Uranium is number one stock in price to book category among its peers. It also is number one stock in book value per share category among its peers creating about 0.04 of Book Value Per Share per Price To Book. The ratio of Price To Book to Book Value Per Share for CanAlaska Uranium is roughly 25.88 . 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 CanAlaska Uranium's earnings, one of the primary drivers of an investment's value.CanAlaska Book Value Per Share vs. Price To Book
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.
CanAlaska Uranium |
| = | 3.96 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
CanAlaska Uranium |
| = | 0.15 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CanAlaska Book Value Per Share Comparison
CanAlaska Uranium is currently under evaluation in book value per share category among its peers.
CanAlaska Uranium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CanAlaska Uranium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CanAlaska Uranium will eventually generate negative long term returns. The profitability progress is the general direction of CanAlaska Uranium's change in net profit over the period of time. It can combine multiple indicators of CanAlaska Uranium, 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.
CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. CanAlaska Uranium Ltd. was incorporated in 1985 and is headquartered in Vancouver, Canada. Canalaska Uranium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
CanAlaska Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CanAlaska Uranium. 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 CanAlaska Uranium 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 CanAlaska Uranium's important profitability drivers and their relationship over time.
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Other Information on Investing in CanAlaska OTC Stock
To fully project CanAlaska Uranium's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CanAlaska Uranium 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 CanAlaska Uranium's income statement, its balance sheet, and the statement of cash flows.