Abcourt Mines Stock Price To Book

ABI Stock  CAD 0.05  0.01  16.67%   
Abcourt Mines fundamentals help investors to digest information that contributes to Abcourt Mines' financial success or failures. It also enables traders to predict the movement of Abcourt Stock. The fundamental analysis module provides a way to measure Abcourt Mines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Abcourt Mines stock.
Price To Book Ratio is likely to climb to -3.42 in 2025.
  
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Abcourt Mines Company Price To Book Analysis

Abcourt Mines' 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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Abcourt Mines Price To Book

    
  4.25 X  
Most of Abcourt Mines' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Abcourt Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Abcourt Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Abcourt Mines is extremely important. It helps to project a fair market value of Abcourt Stock properly, considering its historical fundamentals such as Price To Book. Since Abcourt Mines' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Abcourt Mines' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Abcourt Mines' interrelated accounts and indicators.
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.
Competition

Abcourt Book Value Per Share

Book Value Per Share

(0.0109)

At this time, Abcourt Mines' Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Abcourt Mines has a Price To Book of 4.2487 times. This is 65.12% lower than that of the Metals & Mining sector and 123.1% lower than that of the Materials industry. The price to book for all Canada stocks is 55.32% higher than that of the company.

Abcourt Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Abcourt Mines' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Abcourt Mines could also be used in its relative valuation, which is a method of valuing Abcourt Mines by comparing valuation metrics of similar companies.
Abcourt Mines is currently under evaluation in price to book category among its peers.

Abcourt Mines Current Valuation Drivers

We derive many important indicators used in calculating different scores of Abcourt Mines from analyzing Abcourt Mines' financial statements. These drivers represent accounts that assess Abcourt Mines' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Abcourt Mines' important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap43.4M15.6M17.9M19.7M17.7M11.6M
Enterprise Value42.9M17.4M18.8M20.3M18.2M11.1M

Abcourt Fundamentals

About Abcourt Mines Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Abcourt Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abcourt Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Abcourt Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Abcourt Stock Analysis

When running Abcourt Mines' price analysis, check to measure Abcourt Mines' 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 Abcourt Mines is operating at the current time. Most of Abcourt Mines' value examination focuses on studying past and present price action to predict the probability of Abcourt Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abcourt Mines' price. Additionally, you may evaluate how the addition of Abcourt Mines to your portfolios can decrease your overall portfolio volatility.