Clairvest Historical Financial Ratios
| CVG Stock | CAD 70.01 1.49 2.08% |
Clairvest is presently reporting on over 89 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0132, PTB Ratio of 0.65 or Days Sales Outstanding of 1.6 K will help investors to properly organize and evaluate Clairvest Group financial condition quickly.
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About Clairvest Financial Ratios Analysis
Clairvest GroupFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Clairvest investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Clairvest financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Clairvest history.
Clairvest Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Clairvest Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Clairvest sales, a figure that is much harder to manipulate than other Clairvest Group 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.Payout Ratio
Payout Ratio is the proportion of Clairvest Group earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Clairvest Group dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Clairvest Group is paying out more in dividends than it makes in net income.Tangible Asset Value
The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.Effective Tax Rate
Effective Tax Rate is the average rate at which Clairvest Group pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Clairvest total tax expenses by Clairvest earnings before taxes.Most ratios from Clairvest's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Clairvest Group current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Clairvest Group. 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, Clairvest's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 11th of December 2024, Cash Per Share is likely to grow to 14.82, while PTB Ratio is likely to drop 0.65.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008942 | 0.009924 | 0.0115 | 0.0132 | Price To Sales Ratio | 2.28 | 9.02 | 35.38 | 37.15 |
Clairvest fundamentals Correlations
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Clairvest Account Relationship Matchups
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Clairvest fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 6.18 | 5.38 | 2.28 | 9.02 | 35.38 | 37.15 | |
| Ptb Ratio | 0.82 | 1.14 | 0.81 | 0.98 | 0.9 | 0.65 | |
| Days Sales Outstanding | 146.24 | 69.12 | 30.82 | 136.61 | 1.5K | 1.6K | |
| Book Value Per Share | 55.42 | 56.95 | 78.32 | 86.1 | 80.69 | 84.72 | |
| Free Cash Flow Yield | 0.0401 | (0.001739) | 0.0423 | 0.0111 | (0.0329) | (0.0312) | |
| Operating Cash Flow Per Share | (0.37) | (0.11) | 2.72 | 0.91 | (2.32) | (2.2) | |
| Stock Based Compensation To Revenue | 0.0544 | 0.24 | 0.0321 | 0.22 | (0.18) | (0.17) | |
| Capex To Depreciation | 27.22 | 0.0948 | 0.41 | 0.39 | 0.65 | 0.62 | |
| Pb Ratio | 0.82 | 1.14 | 0.81 | 0.98 | 0.9 | 0.65 | |
| Ev To Sales | 3.75 | 4.37 | 1.77 | 7.38 | 30.84 | 32.38 | |
| Free Cash Flow Per Share | 1.82 | (0.11) | 2.69 | 0.88 | (2.38) | (2.26) | |
| Net Income Per Share | 4.6 | 6.96 | 21.93 | 3.48 | (0.23) | (0.22) | |
| Days Of Inventory On Hand | (11.1K) | 44.4K | (5.18E-4) | 115.0K | 103.5K | 108.7K | |
| Payables Turnover | (1.56) | 0.41 | (0.1) | 0.11 | 0.3 | 0.28 | |
| Sales General And Administrative To Revenue | 0.0501 | 0.0482 | 0.0316 | 0.0224 | 0.18 | 0.28 | |
| Capex To Revenue | 0.3 | 6.29E-4 | 0.001109 | 0.00343 | 0.0286 | 0.0281 | |
| Cash Per Share | 28.38 | 18.55 | 23.17 | 19.15 | 14.12 | 14.82 | |
| Pocfratio | (121.34) | (616.52) | 23.39 | 87.13 | (31.2) | (32.76) | |
| Interest Coverage | 163.13 | 30.68 | 532.93 | 0.0336 | 0.0303 | 0.0288 | |
| Capex To Operating Cash Flow | (5.87) | (0.0721) | 0.0114 | 0.0332 | (0.0253) | (0.0265) | |
| Pfcf Ratio | 24.92 | (575.08) | 23.66 | 90.11 | (30.44) | (31.96) | |
| Days Payables Outstanding | (234.53) | 889.01 | (3.5K) | 3.2K | 1.2K | 1.3K | |
| Income Quality | 1.74 | (0.0812) | (0.0151) | 0.26 | 10.08 | 10.58 | |
| Ev To Operating Cash Flow | (73.63) | (500.55) | 18.13 | 71.32 | (27.2) | (28.56) | |
| Pe Ratio | 9.85 | 9.3 | 2.9 | 22.68 | (314.57) | (298.84) | |
| Return On Tangible Assets | 0.0735 | 0.0532 | 0.12 | 0.0183 | (0.002498) | (0.002373) | |
| Ev To Free Cash Flow | 15.12 | (466.9) | 18.34 | 73.77 | (26.53) | (27.85) | |
| Net Debt To E B I T D A | (1.83) | (1.5) | (0.57) | (3.43) | (2.1K) | (2.0K) | |
| Current Ratio | 9.31 | 5.4 | 5.85 | 3.17 | 88.76 | 93.19 | |
| Tangible Book Value Per Share | 55.45 | 122.34 | 168.19 | 181.18 | 80.69 | 84.72 | |
| Receivables Turnover | 2.5 | 5.28 | 11.84 | 2.67 | 0.24 | 0.23 | |
| Graham Number | 75.73 | 94.43 | 196.59 | 79.66 | 20.43 | 34.14 |
Pair Trading with Clairvest
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 Clairvest 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 Clairvest will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Clairvest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clairvest 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 Clairvest - 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 Clairvest Group to buy it.
The correlation of Clairvest 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 Clairvest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clairvest Group 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 Clairvest 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.Other Information on Investing in Clairvest Stock
Clairvest GroupFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Clairvest investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Clairvest financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Clairvest history.