High Arctic Energy Stock Price To Book

HWO Stock  CAD 1.15  0.03  2.68%   
High Arctic Energy fundamentals help investors to digest information that contributes to High Arctic's financial success or failures. It also enables traders to predict the movement of High Stock. The fundamental analysis module provides a way to measure High Arctic'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 High Arctic stock.
As of the 5th of December 2024, Price To Book Ratio is likely to grow to 3.77.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

High Arctic Energy Company Price To Book Analysis

High Arctic'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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current High Arctic Price To Book

    
  0.60 X  
Most of High Arctic'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, High Arctic Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

High Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for High Arctic is extremely important. It helps to project a fair market value of High Stock properly, considering its historical fundamentals such as Price To Book. Since High Arctic'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 High Arctic'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 High Arctic's 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

High Book Value Per Share

Book Value Per Share

1.94

At this time, High Arctic's Book Value Per Share is very stable compared to the past year.
Based on the latest financial disclosure, High Arctic Energy has a Price To Book of 0.604 times. This is 85.01% lower than that of the Energy Equipment & Services sector and 87.42% lower than that of the Energy industry. The price to book for all Canada stocks is 93.65% higher than that of the company.

High Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses High Arctic'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 High Arctic could also be used in its relative valuation, which is a method of valuing High Arctic by comparing valuation metrics of similar companies.
High Arctic is currently under evaluation in price to book category among its peers.

High Arctic Current Valuation Drivers

We derive many important indicators used in calculating different scores of High Arctic from analyzing High Arctic's financial statements. These drivers represent accounts that assess High Arctic's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of High Arctic's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap461.8M229.6M290.7M208.5M239.8M227.8M
Enterprise Value463.2M216.2M295.2M164.5M189.2M179.7M

High Fundamentals

About High Arctic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze High Arctic Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Arctic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Arctic Energy 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.

Other Information on Investing in High Stock

High Arctic financial ratios help investors to determine whether High Stock 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 High with respect to the benefits of owning High Arctic security.