Cardiol Book Value Per Share from 2010 to 2024

CRDL Stock  USD 1.33  0.03  2.21%   
Cardiol Therapeutics Book Value Per Share yearly trend continues to be quite stable with very little volatility. Book Value Per Share may rise above 0.64 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Cardiol Therapeutics Class according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
0.4381817
Current Value
0.64
Quarterly Volatility
0.51780695
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cardiol Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardiol Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 2.3 M, Interest Income of 2.3 M or Depreciation And Amortization of 182.4 K, as well as many indicators such as Price To Sales Ratio of 1 K, Dividend Yield of 0.0 or PTB Ratio of 2.38. Cardiol financial statements analysis is a perfect complement when working with Cardiol Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Cardiol Therapeutics Correlation against competitors.

Latest Cardiol Therapeutics' Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Cardiol Therapeutics Class over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Cardiol Therapeutics' Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cardiol Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.43 X10 Years Trend
Slightly volatile
   Book Value Per Share   
       Timeline  

Cardiol Book Value Per Share Regression Statistics

Arithmetic Mean0.48
Geometric Mean0.29
Coefficient Of Variation108.72
Mean Deviation0.38
Median0.13
Standard Deviation0.52
Sample Variance0.27
Range1.6382
R-Value0.58
Mean Square Error0.19
R-Squared0.33
Significance0.02
Slope0.07
Total Sum of Squares3.75

Cardiol Book Value Per Share History

2024 0.64
2022 0.84
2021 1.76
2020 0.44
2019 0.57
2018 1.45

Other Fundumenentals of Cardiol Therapeutics

Cardiol Therapeutics Book Value Per Share component correlations

1.00.96-1.0-0.760.790.710.490.960.961.00.96-0.80.910.550.85-0.740.31-0.36
1.00.94-0.99-0.740.760.70.510.950.941.00.94-0.780.890.550.83-0.720.28-0.33
0.960.94-0.95-0.840.870.80.460.981.00.961.0-0.890.970.570.94-0.810.53-0.52
-1.0-0.99-0.950.77-0.8-0.67-0.42-0.97-0.95-1.0-0.950.8-0.91-0.51-0.870.77-0.330.38
-0.76-0.74-0.840.77-0.91-0.8-0.46-0.86-0.84-0.76-0.840.97-0.93-0.66-0.90.96-0.790.79
0.790.760.87-0.8-0.910.780.380.90.870.790.87-0.930.950.50.94-0.940.64-0.57
0.710.70.8-0.67-0.80.780.70.740.790.710.79-0.890.840.80.73-0.680.56-0.5
0.490.510.46-0.42-0.460.380.70.390.460.490.46-0.520.490.760.31-0.340.15-0.19
0.960.950.98-0.97-0.860.90.740.390.980.970.98-0.890.980.540.96-0.860.49-0.5
0.960.941.0-0.95-0.840.870.790.460.980.961.0-0.890.970.570.94-0.810.53-0.53
1.01.00.96-1.0-0.760.790.710.490.970.960.96-0.80.910.550.85-0.750.31-0.36
0.960.941.0-0.95-0.840.870.790.460.981.00.96-0.890.970.560.94-0.810.53-0.52
-0.8-0.78-0.890.80.97-0.93-0.89-0.52-0.89-0.89-0.8-0.89-0.97-0.75-0.920.92-0.70.66
0.910.890.97-0.91-0.930.950.840.490.980.970.910.97-0.970.650.97-0.910.6-0.57
0.550.550.57-0.51-0.660.50.80.760.540.570.550.56-0.750.650.52-0.50.35-0.34
0.850.830.94-0.87-0.90.940.730.310.960.940.850.94-0.920.970.52-0.910.65-0.61
-0.74-0.72-0.810.770.96-0.94-0.68-0.34-0.86-0.81-0.75-0.810.92-0.91-0.5-0.91-0.730.72
0.310.280.53-0.33-0.790.640.560.150.490.530.310.53-0.70.60.350.65-0.73-0.97
-0.36-0.33-0.520.380.79-0.57-0.5-0.19-0.5-0.53-0.36-0.520.66-0.57-0.34-0.610.72-0.97
Click cells to compare fundamentals

About Cardiol Therapeutics Financial Statements

Cardiol Therapeutics investors utilize fundamental indicators, such as Book Value Per Share, to predict how Cardiol Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Book Value Per Share 0.44  0.64 
Tangible Book Value Per Share 0.43  0.63 

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When determining whether Cardiol Therapeutics is a strong investment it is important to analyze Cardiol Therapeutics' 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 Cardiol Therapeutics' future performance. For an informed investment choice regarding Cardiol Stock, refer to the following important reports:
Check out the analysis of Cardiol Therapeutics Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Biotechnology 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 Cardiol Therapeutics. If investors know Cardiol 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 Cardiol Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Return On Assets
(0.54)
Return On Equity
(1.08)
The market value of Cardiol Therapeutics is measured differently than its book value, which is the value of Cardiol that is recorded on the company's balance sheet. Investors also form their own opinion of Cardiol Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Cardiol Therapeutics' 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 Cardiol Therapeutics' market value can be influenced by many factors that don't directly affect Cardiol Therapeutics' 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 Cardiol Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardiol Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardiol Therapeutics' 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.