Thunderbird Price To Sales Ratio vs Book Value Per Share Analysis

TBRD Stock  CAD 1.75  0.08  4.37%   
Thunderbird Entertainment financial indicator trend analysis is much more than just breaking down Thunderbird Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunderbird Entertainment is a good investment. Please check the relationship between Thunderbird Entertainment Price To Sales Ratio and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thunderbird Entertainment 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 unemployment.

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunderbird Entertainment Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Thunderbird Entertainment's Price To Sales Ratio and Book Value Per Share is 0.16. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Thunderbird Entertainment Group, assuming nothing else is changed. The correlation between historical values of Thunderbird Entertainment's Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Thunderbird Entertainment Group are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Thunderbird Entertainment's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Thunderbird Entertainment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Thunderbird Entertainment sales, a figure that is much harder to manipulate than other Thunderbird Entertainment 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.

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.
Most indicators from Thunderbird Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunderbird Entertainment 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thunderbird Entertainment 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 unemployment.
At this time, Thunderbird Entertainment's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 44.4 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (66.28) in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses141.6M171.1M196.7M206.5M
Gross Profit39.3M36.9M37.5M31.3M

Thunderbird Entertainment fundamental ratios Correlations

-0.240.990.990.920.97-0.540.850.970.990.960.80.980.941.01.00.970.860.910.930.610.24-0.420.670.970.23
-0.24-0.24-0.23-0.05-0.280.08-0.23-0.19-0.24-0.2-0.16-0.23-0.22-0.24-0.24-0.23-0.34-0.23-0.23-0.010.110.19-0.25-0.24-0.23
0.99-0.240.960.890.95-0.550.840.960.970.940.850.950.91.00.990.940.850.870.870.610.28-0.410.580.950.26
0.99-0.230.960.910.98-0.560.850.980.980.970.720.990.940.970.980.990.860.920.950.580.21-0.420.710.980.21
0.92-0.050.890.910.89-0.430.720.890.950.870.750.930.980.920.90.880.780.910.940.610.21-0.40.740.90.08
0.97-0.280.950.980.89-0.610.840.930.980.930.690.980.920.960.950.980.860.920.910.580.23-0.410.720.950.25
-0.540.08-0.55-0.56-0.43-0.61-0.26-0.41-0.58-0.39-0.52-0.62-0.43-0.53-0.51-0.61-0.52-0.28-0.46-0.33-0.220.18-0.35-0.530.22
0.85-0.230.840.850.720.84-0.260.890.790.920.490.80.740.840.880.850.70.910.720.550.26-0.310.460.820.44
0.97-0.190.960.980.890.93-0.410.890.951.00.720.950.910.960.980.960.820.930.920.60.25-0.40.620.960.26
0.99-0.240.970.980.950.98-0.580.790.950.930.790.990.970.980.970.970.870.910.960.590.21-0.430.740.970.19
0.96-0.20.940.970.870.93-0.390.921.00.930.650.940.890.940.970.960.810.940.910.590.25-0.390.620.950.29
0.8-0.160.850.720.750.69-0.520.490.720.790.650.740.740.840.80.670.690.570.680.490.23-0.350.410.760.07
0.98-0.230.950.990.930.98-0.620.80.950.990.940.740.950.970.970.990.860.90.960.580.21-0.420.740.970.16
0.94-0.220.90.940.980.92-0.430.740.910.970.890.740.950.930.910.910.820.930.980.580.17-0.40.820.930.17
1.0-0.241.00.970.920.96-0.530.840.960.980.940.840.970.930.990.950.860.90.910.620.26-0.410.640.960.25
1.0-0.240.990.980.90.95-0.510.880.980.970.970.80.970.910.990.960.850.910.90.610.26-0.410.610.970.26
0.97-0.230.940.990.880.98-0.610.850.960.970.960.670.990.910.950.960.850.90.930.570.22-0.410.70.960.19
0.86-0.340.850.860.780.86-0.520.70.820.870.810.690.860.820.860.850.850.780.820.480.13-0.450.670.890.29
0.91-0.230.870.920.910.92-0.280.910.930.910.940.570.90.930.90.910.90.780.90.60.22-0.350.720.890.34
0.93-0.230.870.950.940.91-0.460.720.920.960.910.680.960.980.910.90.930.820.90.530.12-0.410.830.930.13
0.61-0.010.610.580.610.58-0.330.550.60.590.590.490.580.580.620.610.570.480.60.530.890.350.360.640.25
0.240.110.280.210.210.23-0.220.260.250.210.250.230.210.170.260.260.220.130.220.120.890.64-0.020.280.17
-0.420.19-0.41-0.42-0.4-0.410.18-0.31-0.4-0.43-0.39-0.35-0.42-0.4-0.41-0.41-0.41-0.45-0.35-0.410.350.64-0.2-0.410.16
0.67-0.250.580.710.740.72-0.350.460.620.740.620.410.740.820.640.610.70.670.720.830.36-0.02-0.20.680.32
0.97-0.240.950.980.90.95-0.530.820.960.970.950.760.970.930.960.970.960.890.890.930.640.28-0.410.680.24
0.23-0.230.260.210.080.250.220.440.260.190.290.070.160.170.250.260.190.290.340.130.250.170.160.320.24
Click cells to compare fundamentals

Thunderbird Entertainment Account Relationship Matchups

Thunderbird Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.2M160.1M223.7M215.9M172.6M181.2M
Other Current Liab2.8M2.2M1.9M1.4M367K348.7K
Total Current Liabilities73.4M69.4M127.1M125.2M82.7M86.8M
Total Stockholder Equity53.7M63.9M69.8M66.7M69.3M72.8M
Property Plant And Equipment Net31.1M26.0M29.7M26.6M20.7M21.7M
Net Debt56.5M35.4M55.1M49.1M56.5M59.3M
Retained Earnings(14.0M)(8.3M)(4.7M)(9.7M)(7.7M)(8.1M)
Accounts Payable7.7M8.4M27.4M37.8M38.7M40.6M
Cash12.8M22.4M30.2M25.4M25.2M26.5M
Non Current Assets Total81.4M73.3M89.4M82.3M70.3M73.8M
Cash And Short Term Investments12.8M22.4M30.2M25.4M29.2M30.6M
Net Receivables56.2M60.6M98.2M107.7M7.5M7.1M
Common Stock Shares Outstanding50.1M50.9M52.3M49.6M49.8M52.3M
Liabilities And Stockholders Equity155.2M160.1M223.7M215.9M248.2M260.6M
Non Current Liabilities Total28.2M26.8M26.8M24.0M20.6M21.6M
Total Liab101.5M96.2M153.9M149.2M103.3M108.5M
Total Current Assets73.8M86.8M134.3M133.5M102.3M107.4M
Common Stock62.6M67.5M69.4M71.1M81.8M85.9M
Other Stockholder Equity4.7M4.4M4.9M5.0M5.8M3.3M
Other Current Assets4.8M3.8M5.9M5.5M6.4M6.7M
Accumulated Other Comprehensive Income259K177K194K149K171.4K204.2K
Non Currrent Assets Other3.1M4.2M3.1M2.5M2.9M3.1M
Short Long Term Debt Total69.3M57.9M85.3M74.5M85.7M53.7M
Short Term Debt47.8M37.6M63.9M55.7M64.1M40.5M
Other Liab6.7M6.5M5.5M5.2M6.0M5.8M
Net Tangible Assets39.9M50.5M56.7M53.8M61.9M38.0M
Other Assets36.7M34.0M46.6M42.9M49.3M41.1M
Intangible Assets1.2M946K676K406K136K129.2K
Property Plant Equipment31.1M26.0M29.7M26.6M30.6M19.9M
Net Invested Capital95.9M96.7M127.1M117.0M89.1M98.4M
Net Working Capital416K17.5M7.3M8.3M19.6M20.5M
Current Deferred Revenue15.0M21.2M33.8M30.4M34.9M25.5M
Capital Lease Obligations26.9M25.0M28.0M24.1M20.0M23.5M
Deferred Long Term Liab51K246K39K108K97.2K93.1K
Long Term Investments25.3M21.9M36.0M31.4M26.5M30.5M
Short Long Term Debt42.4M32.8M57.3M50.4M19.8M33.7M
Capital Stock62.8M67.6M69.4M71.2M71.3M74.2M

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Additional Tools for Thunderbird Stock Analysis

When running Thunderbird Entertainment's price analysis, check to measure Thunderbird Entertainment'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 Thunderbird Entertainment is operating at the current time. Most of Thunderbird Entertainment's value examination focuses on studying past and present price action to predict the probability of Thunderbird Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunderbird Entertainment's price. Additionally, you may evaluate how the addition of Thunderbird Entertainment to your portfolios can decrease your overall portfolio volatility.