| PBL Stock | | | CAD 25.25 0.17 0.67% |
Pollard Banknote financial indicator trend analysis is much more than just breaking down Pollard Banknote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pollard Banknote is a good investment. Please check the relationship between Pollard Banknote Ptb Ratio and its Payout Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pollard Banknote Limited. 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.
Ptb Ratio vs Payout Ratio
Ptb Ratio vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pollard Banknote Ptb Ratio account and
Payout Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pollard Banknote's Ptb Ratio and Payout Ratio is -0.63. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Pollard Banknote Limited, assuming nothing else is changed. The correlation between historical values of Pollard Banknote's Ptb Ratio and Payout 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 Ptb Ratio of Pollard Banknote Limited are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Ptb Ratio i.e., Pollard Banknote's Ptb Ratio and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.63 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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 Pollard Banknote Limited 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 Pollard Banknote dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Pollard Banknote is paying out more in dividends than it makes in net income.
Most indicators from Pollard Banknote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pollard Banknote 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pollard Banknote Limited. 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, Pollard Banknote's
Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024,
Tax Provision is likely to grow to about 7.2
M, while
Issuance Of Capital Stock is likely to drop about 655.5
K.
Pollard Banknote fundamental ratios Correlations
Click cells to compare fundamentals
Pollard Banknote Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pollard Banknote fundamental ratios Accounts
Other Information on Investing in Pollard Stock
Balance Sheet is a snapshot of the
financial position of Pollard Banknote at a specified time, usually calculated after every quarter, six months, or one year. Pollard Banknote Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pollard Banknote and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pollard currently owns. An asset can also be divided into two categories, current and non-current.