Westhaven Ventures Stock Price To Book

WHN Stock  CAD 0.12  0.01  9.09%   
Westhaven Ventures fundamentals help investors to digest information that contributes to Westhaven Ventures' financial success or failures. It also enables traders to predict the movement of Westhaven Stock. The fundamental analysis module provides a way to measure Westhaven Ventures' 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 Westhaven Ventures stock.
Price To Book Ratio is likely to drop to 0.90 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Westhaven Ventures Company Price To Book Analysis

Westhaven Ventures' 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 Westhaven Ventures Price To Book

    
  0.53 X  
Most of Westhaven Ventures' 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, Westhaven Ventures is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Westhaven Price To Book Driver Correlations

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

Westhaven Book Value Per Share

Book Value Per Share

0.18

At this time, Westhaven Ventures' Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Westhaven Ventures has a Price To Book of 0.5327 times. This is 95.63% lower than that of the Metals & Mining sector and 102.9% lower than that of the Materials industry. The price to book for all Canada stocks is 94.4% higher than that of the company.

Westhaven Price To Book Peer Comparison

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

Westhaven Ventures Current Valuation Drivers

We derive many important indicators used in calculating different scores of Westhaven Ventures from analyzing Westhaven Ventures' financial statements. These drivers represent accounts that assess Westhaven Ventures' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Westhaven Ventures' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap83.3M89.0M55.2M48.1M29.8M24.0M
Enterprise Value79.1M89.0M51.4M44.6M28.9M23.3M

Westhaven Fundamentals

About Westhaven Ventures Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Westhaven Stock Analysis

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