Rockridge Resources Stock Price To Earnings To Growth

ROCK Stock  CAD 0.02  0.01  33.33%   
Rockridge Resources fundamentals help investors to digest information that contributes to Rockridge Resources' financial success or failures. It also enables traders to predict the movement of Rockridge Stock. The fundamental analysis module provides a way to measure Rockridge Resources' 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 Rockridge Resources stock.
  
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Rockridge Resources Company Price To Earnings To Growth Analysis

Rockridge Resources' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Rockridge Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Rockridge Resources is extremely important. It helps to project a fair market value of Rockridge Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Rockridge Resources' 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 Rockridge Resources' 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 Rockridge Resources' interrelated accounts and indicators.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Rockridge Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

0.0534

At this time, Rockridge Resources' Price Earnings To Growth Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Rockridge Resources has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.

Rockridge Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Rockridge Resources from analyzing Rockridge Resources' financial statements. These drivers represent accounts that assess Rockridge Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rockridge Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.5M7.2M4.6M3.2M2.9M3.3M
Enterprise Value4.0M6.7M3.6M2.5M2.3M2.7M

Rockridge Fundamentals

About Rockridge Resources Fundamental Analysis

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

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Additional Tools for Rockridge Stock Analysis

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