Chesapeake Price To Sales Ratio vs Ptb Ratio Analysis

CKG Stock  CAD 1.03  0.06  5.50%   
Chesapeake Gold financial indicator trend analysis is way more than just evaluating Chesapeake Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chesapeake Gold Corp is a good investment. Please check the relationship between Chesapeake Gold Price To Sales Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesapeake Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chesapeake Gold Corp Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chesapeake Gold's Price To Sales Ratio and Ptb Ratio is -0.21. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Chesapeake Gold Corp, assuming nothing else is changed. The correlation between historical values of Chesapeake Gold's Price To Sales Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Chesapeake Gold Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Chesapeake Gold's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Chesapeake Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Chesapeake Gold sales, a figure that is much harder to manipulate than other Chesapeake Gold Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Chesapeake Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chesapeake Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesapeake Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Chesapeake Gold's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 329.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104K4K2K1.9K
Depreciation And Amortization14K9K10K9.5K

Chesapeake Gold fundamental ratios Correlations

0.68-0.071.00.76-0.23-0.82-0.320.220.97-0.180.150.460.97-0.34-0.190.680.190.910.310.630.830.780.77-0.250.48
0.68-0.240.690.760.31-0.76-0.56-0.30.77-0.26-0.380.240.71-0.66-0.110.39-0.350.610.210.30.720.610.61-0.280.51
-0.07-0.24-0.14-0.030.390.010.91-0.39-0.010.94-0.280.27-0.030.570.870.6-0.270.1-0.190.34-0.17-0.13-0.150.01-0.22
1.00.69-0.140.75-0.24-0.8-0.380.230.97-0.230.160.410.96-0.39-0.230.620.190.880.340.580.850.780.78-0.230.51
0.760.76-0.030.750.11-0.91-0.35-0.070.79-0.14-0.10.690.8-0.53-0.060.7-0.070.8-0.040.60.760.70.68-0.590.39
-0.230.310.39-0.240.11-0.10.24-0.99-0.010.42-0.98-0.1-0.07-0.130.580.19-0.98-0.04-0.190.02-0.06-0.08-0.18-0.14-0.19
-0.82-0.760.01-0.8-0.91-0.10.350.06-0.850.190.08-0.46-0.840.330.16-0.750.06-0.890.02-0.8-0.61-0.53-0.510.28-0.49
-0.32-0.560.91-0.38-0.350.240.35-0.26-0.290.92-0.140.13-0.280.740.820.33-0.14-0.14-0.180.1-0.39-0.3-0.340.07-0.43
0.22-0.3-0.390.23-0.07-0.990.06-0.260.0-0.440.990.130.060.11-0.59-0.180.990.030.150.00.050.080.170.110.21
0.970.77-0.010.970.79-0.01-0.85-0.290.0-0.1-0.070.420.98-0.39-0.080.71-0.030.920.30.620.850.780.75-0.280.46
-0.18-0.260.94-0.23-0.140.420.190.92-0.44-0.1-0.350.21-0.120.510.930.44-0.34-0.05-0.110.09-0.15-0.1-0.09-0.01-0.24
0.15-0.38-0.280.16-0.1-0.980.08-0.140.99-0.07-0.350.160.00.24-0.51-0.131.00.010.060.05-0.05-0.010.090.130.16
0.460.240.270.410.69-0.1-0.460.130.130.420.210.160.49-0.120.260.650.210.55-0.260.430.540.590.52-0.76-0.15
0.970.71-0.030.960.8-0.07-0.84-0.280.060.98-0.120.00.49-0.36-0.120.730.040.950.180.670.860.820.77-0.330.4
-0.34-0.660.57-0.39-0.53-0.130.330.740.11-0.390.510.24-0.12-0.360.310.110.23-0.16-0.20.24-0.68-0.63-0.580.45-0.35
-0.19-0.110.87-0.23-0.060.580.160.82-0.59-0.080.93-0.510.26-0.120.310.4-0.5-0.08-0.06-0.01-0.07-0.02-0.11-0.21-0.33
0.680.390.60.620.70.19-0.750.33-0.180.710.44-0.130.650.730.110.4-0.10.84-0.150.850.480.480.43-0.320.15
0.19-0.35-0.270.19-0.07-0.980.06-0.140.99-0.03-0.341.00.210.040.23-0.5-0.10.050.070.07-0.010.030.120.10.15
0.910.610.10.880.8-0.04-0.89-0.140.030.92-0.050.010.550.95-0.16-0.080.840.050.010.850.70.670.61-0.320.3
0.310.21-0.190.34-0.04-0.190.02-0.180.150.3-0.110.06-0.260.18-0.2-0.06-0.150.070.01-0.260.240.150.170.10.29
0.630.30.340.580.60.02-0.80.10.00.620.090.050.430.670.24-0.010.850.070.85-0.260.250.230.19-0.080.18
0.830.72-0.170.850.76-0.06-0.61-0.390.050.85-0.15-0.050.540.86-0.68-0.070.48-0.010.70.240.250.970.94-0.520.38
0.780.61-0.130.780.7-0.08-0.53-0.30.080.78-0.1-0.010.590.82-0.63-0.020.480.030.670.150.230.970.91-0.590.24
0.770.61-0.150.780.68-0.18-0.51-0.340.170.75-0.090.090.520.77-0.58-0.110.430.120.610.170.190.940.91-0.390.47
-0.25-0.280.01-0.23-0.59-0.140.280.070.11-0.28-0.010.13-0.76-0.330.45-0.21-0.320.1-0.320.1-0.08-0.52-0.59-0.390.28
0.480.51-0.220.510.39-0.19-0.49-0.430.210.46-0.240.16-0.150.4-0.35-0.330.150.150.30.290.180.380.240.470.28
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Chesapeake Gold Account Relationship Matchups

Chesapeake Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets105.1M128.3M172.9M164.6M164.3M99.4M
Other Current Liab1.4M1.1M1.5M1.7M1.8M1.3M
Total Current Liabilities2.1M1.8M2.2M1.7M1.8M2.5M
Total Stockholder Equity94.8M117.5M160.5M151.0M149.0M87.0M
Property Plant And Equipment Net87.0M89.6M93.2M136.4M141.9M149.0M
Net Debt(14.5M)(33.5M)(31.1M)(25.7M)(19.8M)(20.8M)
Retained Earnings(93.8M)(95.7M)(102.8M)(112.0M)(117.7M)(111.8M)
Accounts Payable238.6458.02.4K1.6K1.8K1.7K
Cash15.3M34.2M31.8M25.7M19.8M24.5M
Non Current Assets Total87.7M92.0M139.9M137.6M142.7M71.4M
Non Currrent Assets Other261.3K348.7K257K270K356K338.2K
Cash And Short Term Investments16.8M35.8M32.2M25.7M19.8M27.3M
Net Receivables357.5K312.6K419K822K1.1M1.1M
Common Stock Shares Outstanding46.9M52.9M66.7M67.4M77.5M44.3M
Short Term Investments1.5M1.5M336K0.0(464.5K)(441.3K)
Liabilities And Stockholders Equity105.1M128.3M172.9M164.6M164.3M99.4M
Other Stockholder Equity25.3M25.9M1.1M28.5M25.6M35.7M
Total Liab8.7M8.9M10.6M11.0M12.9M10.6M
Total Current Assets17.4M36.3M33.0M27.0M21.6M28.0M
Accumulated Other Comprehensive Income25.9M26.0M28.5M28.1M31.8M17.1M
Non Current Liabilities Total6.5M7.1M8.4M9.3M11.1M6.4M
Other Current Assets192.3K216K397K551K1.8K1.7K
Common Stock148.4M162.7M186.0M234.9M270.1M191.4M
Other Liab6.3M6.5M7.1M8.4M9.7M7.5M
Net Tangible Assets81.4M94.8M117.5M115.4M132.7M102.7M
Other Assets205.8K249.2K261.3K349K257K0.0
Long Term Investments442.2K2.0M1.3M890K465K894.9K
Property Plant Equipment73.4M87.0M89.6M93.2M107.2M83.6M
Current Deferred Revenue(293.5K)(238.6)(458.0)(2.4K)(2.7K)(2.9K)
Net Invested Capital95.5M118.2M161.2M151.0M149.0M132.3M
Net Working Capital15.2M34.6M30.7M25.3M19.8M25.1M

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Additional Tools for Chesapeake Stock Analysis

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