PLZ-UN Stock | | | CAD 3.71 0.02 0.54% |
Plaza Retail financial indicator trend analysis is much more than just breaking down Plaza Retail REIT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plaza Retail REIT is a good investment. Please check the relationship between Plaza Retail Book Value Per Share and its Price To Sales Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plaza Retail REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Book Value Per Share vs Price To Sales Ratio
Book Value Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plaza Retail REIT Book Value Per Share account and
Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Plaza Retail's Book Value Per Share and Price To Sales Ratio is -0.9. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Plaza Retail REIT, assuming nothing else is changed. The correlation between historical values of Plaza Retail's Book Value Per Share and Price To Sales 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 Book Value Per Share of Plaza Retail REIT are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Book Value Per Share i.e., Plaza Retail's Book Value Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Plaza Retail REIT stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Plaza Retail sales, a figure that is much harder to manipulate than other Plaza Retail REIT 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.
Most indicators from Plaza Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plaza Retail REIT 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 Plaza Retail REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At present, Plaza Retail's
Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's
Issuance Of Capital Stock is expected to grow to about 45.7
M, whereas
Selling General Administrative is forecasted to decline to about 8.6
M.
Plaza Retail fundamental ratios Correlations
Click cells to compare fundamentals
Plaza Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plaza Retail fundamental ratios Accounts
Other Information on Investing in Plaza Stock
Balance Sheet is a snapshot of the
financial position of Plaza Retail REIT at a specified time, usually calculated after every quarter, six months, or one year. Plaza Retail Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Plaza Retail 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 Plaza currently owns. An asset can also be divided into two categories, current and non-current.