Core Lithium Corp Etf Price To Book
| CORX Etf | USD 16.34 0.47 2.96% |
Core Lithium Corp fundamentals help investors to digest information that contributes to Core Lithium's financial success or failures. It also enables traders to predict the movement of Core Etf. The fundamental analysis module provides a way to measure Core Lithium's 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 Core Lithium etf.
Core |
Core Lithium Corp ETF Price To Book Analysis
Core Lithium's 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.
Current Core Lithium Price To Book | 0.56 X |
Most of Core Lithium's 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, Core Lithium Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, Core Lithium Corp has a Price To Book of 0.5596 times. This is much higher than that of the Biotechnology family and significantly higher than that of the Health Care category. The price to book for all United States etfs is notably lower than that of the firm.
Core Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Core Lithium's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Core Lithium could also be used in its relative valuation, which is a method of valuing Core Lithium by comparing valuation metrics of similar companies.Core Lithium is currently under evaluation in price to book as compared to similar ETFs.
Core Fundamentals
| Current Valuation | 68.07 M | ||||
| Shares Outstanding | 694.52 K | ||||
| Shares Owned By Insiders | 88.50 % | ||||
| Price To Earning | 6.38 X | ||||
| Price To Book | 0.56 X | ||||
| Price To Sales | 5.14 X | ||||
| EBITDA | 405.96 K | ||||
| Net Income | (6.34 M) | ||||
| Cash And Equivalents | 157 | ||||
| Total Debt | 10.99 K | ||||
| Debt To Equity | 234.00 % | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (437) | ||||
| Earnings Per Share | (0.12) X | ||||
| Beta | -10.54 | ||||
| Market Capitalization | 244.3 K | ||||
| Working Capital | (2.17 M) | ||||
| Current Asset | 448 K | ||||
| Current Liabilities | 2.61 M |
About Core Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Core Lithium Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Core Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Core Lithium Corp based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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Core Lithium financial ratios help investors to determine whether Core Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Core with respect to the benefits of owning Core Lithium security.