Perma Book Value Per Share vs Ptb Ratio Analysis
PPIH Stock | USD 15.49 0.03 0.19% |
Perma Pipe financial indicator trend analysis is much more than just breaking down Perma Pipe Internati prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perma Pipe Internati is a good investment. Please check the relationship between Perma Pipe Book Value Per Share and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Pipe International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Book Value Per Share vs Ptb Ratio
Book Value Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perma Pipe Internati Book Value Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Perma Pipe's Book Value Per Share and Ptb Ratio is -0.65. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Perma Pipe International Holdings, assuming nothing else is changed. The correlation between historical values of Perma Pipe's Book Value Per Share 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 Book Value Per Share of Perma Pipe International Holdings 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 Book Value Per Share i.e., Perma Pipe's Book Value Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.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 Perma Pipe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perma Pipe Internati 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 Perma Pipe International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The Perma Pipe's current Discontinued Operations is estimated to increase to about 650.2 K, while Selling General Administrative is projected to decrease to under 20.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 32.5M | 38.3M | 41.5M | 31.2M | Total Revenue | 138.6M | 142.6M | 150.7M | 148.8M |
Perma Pipe fundamental ratios Correlations
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Perma Pipe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Perma Pipe fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 112.2M | 102.7M | 123.4M | 123.0M | 155.7M | 110.6M | |
Total Current Liabilities | 32.8M | 28.3M | 38.4M | 43.8M | 57.7M | 35.2M | |
Total Stockholder Equity | 55.6M | 49.3M | 54.5M | 57.8M | 65.7M | 48.7M | |
Property Plant And Equipment Net | 40.1M | 40.3M | 36.0M | 31.0M | 44.1M | 31.4M | |
Net Debt | 15.6M | 20.4M | 26.3M | 23.6M | 26.9M | 23.6M | |
Retained Earnings | (715K) | (8.4M) | (2.3M) | 1.6M | 12.1M | 7.9M | |
Cash | 13.4M | 7.2M | 8.2M | 5.8M | 5.8M | 5.1M | |
Non Current Assets Total | 48.0M | 48.8M | 45.0M | 37.3M | 56.9M | 43.3M | |
Cash And Short Term Investments | 13.4M | 7.2M | 8.2M | 5.8M | 5.8M | 5.2M | |
Net Receivables | 31.6M | 29.5M | 49.4M | 56.8M | 66.3M | 33.4M | |
Common Stock Shares Outstanding | 8.3M | 8.1M | 8.4M | 8.1M | 8.1M | 6.4M | |
Liabilities And Stockholders Equity | 112.2M | 102.7M | 123.4M | 123.0M | 155.7M | 110.6M | |
Inventory | 14.5M | 12.2M | 13.8M | 14.7M | 15.5M | 23.0M | |
Other Current Assets | 3.5M | 5.1M | 7.0M | 8.4M | 11.1M | 11.6M | |
Other Stockholder Equity | 60.0M | 60.9M | 59.8M | 62.5M | 59.1M | 39.8M | |
Total Liab | 56.6M | 53.4M | 68.9M | 65.2M | 83.7M | 61.8M | |
Total Current Assets | 64.3M | 53.9M | 78.4M | 85.7M | 98.8M | 67.4M | |
Non Currrent Assets Other | 3.2M | 2.7M | 1.6M | 440K | 2.7M | 4.2M | |
Short Long Term Debt Total | 29.0M | 27.6M | 34.5M | 29.4M | 32.8M | 31.4M | |
Other Current Liab | 8.8M | 8.6M | 13.9M | 11.7M | 16.2M | 11.4M | |
Accounts Payable | 9.6M | 10.4M | 13.6M | 14.8M | 25.3M | 14.3M | |
Non Current Liabilities Total | 23.8M | 25.1M | 30.5M | 21.4M | 26.0M | 28.1M | |
Short Term Debt | 11.1M | 8.2M | 8.9M | 11.4M | 10.5M | 7.3M | |
Property Plant And Equipment Gross | 40.1M | 40.3M | 36.0M | 87.5M | 94.0M | 98.7M | |
Accumulated Other Comprehensive Income | (3.8M) | (3.3M) | (3.1M) | (6.4M) | (5.6M) | (5.3M) | |
Other Liab | 5.8M | 5.7M | 4.9M | 3.5M | 4.1M | 5.6M | |
Other Assets | 6.6M | 5.6M | 6.2M | 6.7M | 7.7M | 6.8M | |
Long Term Debt | 6.7M | 6.3M | 5.1M | 4.4M | 4.2M | 4.0M | |
Good Will | 2.3M | 2.3M | 2.3M | 2.2M | 2.2M | 2.6M | |
Common Stock Total Equity | 77K | 79K | 80K | 82K | 92K | 72.9K | |
Common Stock | 77K | 79K | 80K | 82K | 92K | 73.5K | |
Property Plant Equipment | 28.6M | 26.9M | 24.8M | 26.5M | 23.9M | 27.3M | |
Current Deferred Revenue | 3.4M | 2.9M | 4.3M | 3.7M | 3.4M | 4.6M | |
Net Tangible Assets | 53.4M | 47.0M | 52.1M | 55.6M | 50.0M | 47.3M | |
Retained Earnings Total Equity | (715K) | (8.4M) | (2.3M) | 1.6M | 1.5M | 1.4M | |
Long Term Debt Total | 6.7M | 6.3M | 5.1M | 4.4M | 4.0M | 3.8M | |
Capital Surpluse | 60.0M | 60.9M | 61.8M | 62.6M | 71.9M | 61.6M |
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When determining whether Perma Pipe Internati offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perma Pipe's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perma Pipe International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perma Pipe International Holdings Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Pipe International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perma Pipe. If investors know Perma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perma Pipe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.142 | Earnings Share 1.9 | Revenue Per Share 19.878 | Quarterly Revenue Growth 0.068 | Return On Assets 0.0821 |
The market value of Perma Pipe Internati is measured differently than its book value, which is the value of Perma that is recorded on the company's balance sheet. Investors also form their own opinion of Perma Pipe's value that differs from its market value or its book value, called intrinsic value, which is Perma Pipe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perma Pipe's market value can be influenced by many factors that don't directly affect Perma Pipe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perma Pipe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perma Pipe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perma Pipe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.