Brazil Potash Corp Stock Price To Book
| GRO Stock | 11.70 0.13 1.12% |
Brazil Potash Corp fundamentals help investors to digest information that contributes to Brazil Potash's financial success or failures. It also enables traders to predict the movement of Brazil Stock. The fundamental analysis module provides a way to measure Brazil Potash'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 Brazil Potash stock.
Brazil |
Brazil Potash Corp Company Price To Book Analysis
Brazil Potash'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 Brazil Potash Price To Book | 4.26 X |
Most of Brazil Potash'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, Brazil Potash Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Brazil Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Brazil Potash is extremely important. It helps to project a fair market value of Brazil Stock properly, considering its historical fundamentals such as Price To Book. Since Brazil Potash's 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 Brazil Potash's 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 Brazil Potash's interrelated accounts and indicators.
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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, Brazil Potash Corp has a Price To Book of 4.2575 times. This is much higher than that of the sector and significantly higher than that of the Price To Book industry. The price to book for all United States stocks is 55.23% higher than that of the company.
Brazil Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brazil Potash's 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 Brazil Potash could also be used in its relative valuation, which is a method of valuing Brazil Potash by comparing valuation metrics of similar companies.Brazil Potash is currently under evaluation in price to book category among its peers.
Brazil Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.078 | ||||
| Current Valuation | 505.19 M | ||||
| Shares Outstanding | 38.34 M | ||||
| Price To Earning | 12.89 X | ||||
| Price To Book | 4.26 X | ||||
| Net Income | (13.21 M) | ||||
| Cash And Equivalents | 13.08 M | ||||
| Cash Per Share | 0.24 X | ||||
| Total Debt | 3.93 M | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 1.53 X | ||||
| Book Value Per Share | 3.63 X | ||||
| Cash Flow From Operations | (8.2 M) | ||||
| Earnings Per Share | (0.70) X | ||||
| Number Of Employees | 10 | ||||
| Beta | 0.11 | ||||
| Market Capitalization | 509.9 M | ||||
| Total Asset | 133.15 M | ||||
| Retained Earnings | (112.73 M) | ||||
| Working Capital | 1.11 M | ||||
| Current Asset | 416.96 M | ||||
| Current Liabilities | 271.78 M | ||||
| Net Asset | 133.15 M |
About Brazil Potash Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brazil Potash Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brazil Potash using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brazil Potash Corp 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.
Pair Trading with Brazil Potash
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 Brazil Potash 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 Brazil Potash will appreciate offsetting losses from the drop in the long position's value.Moving against Brazil Stock
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| 0.5 | ELBM | Electra Battery Materials | PairCorr |
| 0.35 | VZLA | Vizsla Resources Corp | PairCorr |
| 0.34 | NB | NioCorp Developments | PairCorr |
The ability to find closely correlated positions to Brazil Potash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brazil Potash 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 Brazil Potash - 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 Brazil Potash Corp to buy it.
The correlation of Brazil Potash 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 Brazil Potash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brazil Potash Corp 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 Brazil Potash 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.Check out Brazil Potash Piotroski F Score and Brazil Potash Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Non-Metallic and Industrial Metal Mining 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 Brazil Potash. If investors know Brazil 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 Brazil Potash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.70) | Return On Assets (0.08) | Return On Equity (0.13) |
The market value of Brazil Potash Corp is measured differently than its book value, which is the value of Brazil that is recorded on the company's balance sheet. Investors also form their own opinion of Brazil Potash's value that differs from its market value or its book value, called intrinsic value, which is Brazil Potash'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 Brazil Potash's market value can be influenced by many factors that don't directly affect Brazil Potash'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 Brazil Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brazil Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brazil Potash'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.