Premium Historical Financial Ratios
| PIC-A Stock | CAD 6.03 0.01 0.17% |
Premium Income is promptly reporting on over 71 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 Average Payables of 633.3 K, Stock Based Compensation To Revenue of 0.0, Capex To Depreciation of 0.0 or Pb Ratio of 10.85 will help investors to properly organize and evaluate Premium Income financial condition quickly.
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About Premium Financial Ratios Analysis
Premium IncomeFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Premium Income 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 Premium financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Premium Income history.
Premium Income Financial Ratios Chart
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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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Most ratios from Premium Income's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Premium Income 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premium Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Premium Income's PTB Ratio is comparatively stable compared to the past year. PB Ratio is likely to gain to 10.85 in 2024, despite the fact that Days Sales Outstanding is likely to grow to (21.04).
| 2022 | 2023 (projected) | PTB Ratio | 11.49 | 10.34 | Dividend Yield | 0.29 | 0.26 |
Premium Income fundamentals Correlations
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Premium Income Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premium Income fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | (1.46) | 1.23 | 2.94 | (2.82) | (3.24) | (3.08) | |
| Ptb Ratio | 5.08 | 1.38 | 2.15 | 11.49 | 10.34 | 10.85 | |
| Days Sales Outstanding | (14.25) | 3.83 | 12.01 | (19.26) | (22.15) | (21.04) | |
| Book Value Per Share | 0.95 | 7.4 | 4.29 | 0.51 | 0.58 | 0.56 | |
| Free Cash Flow Yield | (0.55) | 0.24 | 0.17 | 0.2 | (0.11) | (0.12) | |
| Operating Cash Flow Per Share | 1.14 | 1.71 | 1.84 | (0.62) | (0.71) | (0.67) | |
| Pb Ratio | 5.08 | 1.38 | 2.15 | 11.49 | 10.34 | 10.85 | |
| Ev To Sales | (5.96) | 2.98 | 7.7 | (10.59) | (12.18) | (11.57) | |
| Free Cash Flow Per Share | 1.14 | 1.71 | 1.84 | (0.62) | (0.71) | (0.67) | |
| Roic | 0.91 | (1.14) | (0.4) | (0.14) | (0.16) | (0.15) | |
| Net Income Per Share | (3.38) | 8.19 | (1.62) | (3.2) | (3.68) | (3.49) | |
| Sales General And Administrative To Revenue | (0.11) | 0.0307 | (0.0182) | 0.005654 | 0.0829 | (0.12) | |
| Cash Per Share | 0.41 | 15.9 | 22.48 | 19.31 | 0.48 | 0.43 | |
| Pocfratio | 4.23 | 5.95 | 5.02 | (9.47) | (10.89) | (10.35) | |
| Payout Ratio | (0.4) | 0.2 | (1.04) | (0.53) | (0.61) | (0.58) | |
| Pfcf Ratio | 4.23 | 5.95 | 5.02 | (9.47) | (10.89) | (10.35) | |
| Income Quality | (0.34) | 0.21 | (1.14) | 0.27 | 0.31 | 0.32 | |
| Roe | (3.56) | 1.11 | (0.38) | (6.29) | (7.23) | (6.87) | |
| Ev To Operating Cash Flow | 17.29 | 14.39 | 13.13 | (35.63) | (40.97) | (38.92) | |
| Pe Ratio | (1.43) | 1.24 | (5.71) | (1.83) | (1.64) | (1.73) | |
| Return On Tangible Assets | 0.0735 | (0.21) | 0.36 | (0.0832) | (0.19) | (0.22) | |
| Ev To Free Cash Flow | 17.29 | 14.39 | 13.13 | (35.63) | (40.97) | (38.92) | |
| Earnings Yield | (0.7) | 0.8 | (0.18) | (0.55) | (0.63) | (0.6) | |
| Net Debt To E B I T D A | (2.4K) | (16.63) | (52.76) | (18.25) | (20.99) | (22.04) | |
| Current Ratio | 0.0176 | 0.74 | 12.49 | 0.0359 | 0.0413 | 0.0392 | |
| Tangible Book Value Per Share | 0.95 | 7.4 | 4.29 | 0.51 | 0.58 | 0.56 | |
| Receivables Turnover | (25.62) | 95.35 | 30.4 | (18.95) | (17.06) | (16.21) | |
| Graham Number | 8.5 | 36.91 | 12.48 | 6.05 | 5.44 | 5.17 | |
| Shareholders Equity Per Share | 0.95 | 7.4 | 4.29 | 0.51 | 0.58 | 0.56 | |
| Graham Net Net | (6.97) | (3.74) | (5.3) | (15.84) | (18.21) | (19.12) | |
| Revenue Per Share | (3.3) | 8.25 | 3.14 | (2.07) | (1.87) | (1.77) | |
| Enterprise Value Over E B I T D A | (3.1K) | (28.33) | (85.41) | (24.86) | (28.59) | (27.16) | |
| Price Earnings Ratio | (1.43) | 1.24 | (5.71) | (1.83) | (1.64) | (1.73) |
Pair Trading with Premium Income
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 Premium Income 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 Premium Income will appreciate offsetting losses from the drop in the long position's value.Moving against Premium Stock
| 0.61 | RY-PM | Royal Bank | PairCorr |
| 0.59 | FFH-PF | Fairfax Financial | PairCorr |
| 0.56 | WMT | Walmart Inc CDR | PairCorr |
| 0.54 | Y | Yellow Pages Limited | PairCorr |
| 0.52 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Premium Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premium Income 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 Premium Income - 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 Premium Income to buy it.
The correlation of Premium Income 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 Premium Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premium Income 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 Premium Income 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.Additional Tools for Premium Stock Analysis
When running Premium Income's price analysis, check to measure Premium Income'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 Premium Income is operating at the current time. Most of Premium Income's value examination focuses on studying past and present price action to predict the probability of Premium Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premium Income's price. Additionally, you may evaluate how the addition of Premium Income to your portfolios can decrease your overall portfolio volatility.