Tilray Price To Book vs. Net Income
| TLRY Stock | USD 1.43 0.05 3.38% |
For Tilray profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tilray to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tilray Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tilray's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tilray Inc over time as well as its relative position and ranking within its peers.
Tilray |
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tilray. If investors know Tilray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tilray listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 1.03 | Quarterly Revenue Growth 0.131 | Return On Assets (0.01) | Return On Equity (0.06) |
The market value of Tilray Inc is measured differently than its book value, which is the value of Tilray that is recorded on the company's balance sheet. Investors also form their own opinion of Tilray's value that differs from its market value or its book value, called intrinsic value, which is Tilray's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tilray's market value can be influenced by many factors that don't directly affect Tilray's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tilray's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tilray is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tilray'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.
Tilray Inc Net Income vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tilray's current stock value. Our valuation model uses many indicators to compare Tilray value to that of its competitors to determine the firm's financial worth. Tilray Inc is rated below average in price to book category among its peers. It is rated below average in net income category among its peers . Tilray reported Net Loss of (244.98 Million) in 2023. 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 Tilray's earnings, one of the primary drivers of an investment's value.Tilray Net Income 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.
Tilray |
| = | 0.37 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Tilray |
| = | (222.4 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Tilray Net Income Comparison
Tilray is currently under evaluation in net income category among its peers.
Tilray Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tilray, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tilray will eventually generate negative long term returns. The profitability progress is the general direction of Tilray's change in net profit over the period of time. It can combine multiple indicators of Tilray, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -43.5 M | -41.3 M | |
| Operating Income | -174.7 M | -183.5 M | |
| Income Before Tax | -249 M | -261.5 M | |
| Total Other Income Expense Net | -74.3 M | -70.6 M | |
| Net Loss | -222.4 M | -233.5 M | |
| Income Tax Expense | -26.6 M | -25.3 M | |
| Net Interest Income | -36.4 M | -38.3 M | |
| Interest Income | 12.8 M | 14.7 M | |
| Net Loss | -222.4 M | -233.5 M | |
| Net Loss | (0.33) | (0.01) | |
| Income Quality | 0.14 | 0.98 | |
| Net Income Per E B T | 0.98 | 0.66 |
Tilray Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tilray. 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 Tilray 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 Tilray's important profitability drivers and their relationship over time.
Use Tilray in pair-trading
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 Tilray 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 Tilray will appreciate offsetting losses from the drop in the long position's value.Tilray Pair Trading
Tilray Inc Pair Trading Analysis
The ability to find closely correlated positions to Tilray could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tilray 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 Tilray - 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 Tilray Inc to buy it.
The correlation of Tilray 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 Tilray moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tilray Inc 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 Tilray 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.Use Investing Themes to Complement your Tilray position
In addition to having Tilray 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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Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 166 constituents at this time.
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Additional Tools for Tilray Stock Analysis
When running Tilray's price analysis, check to measure Tilray'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 Tilray is operating at the current time. Most of Tilray's value examination focuses on studying past and present price action to predict the probability of Tilray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tilray's price. Additionally, you may evaluate how the addition of Tilray to your portfolios can decrease your overall portfolio volatility.