Western Ptb Ratio vs Price To Sales Ratio Analysis

WEF Stock

CAD 0.45 0.01 2.27%

Western Forest financial indicator trend analysis is more than just analyzing Western Forest Products current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Forest Products is a good investment. Please check the relationship between Western Forest Ptb Ratio and its Price To Sales Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Forest Products. 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 Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Forest Products Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Western Forest's Ptb Ratio and Price To Sales Ratio is 0.98. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Western Forest Products, assuming nothing else is changed. The correlation between historical values of Western Forest's Ptb Ratio 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 Ptb Ratio of Western Forest Products 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 Ptb Ratio i.e., Western Forest's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Western Forest Products stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Western Forest sales, a figure that is much harder to manipulate than other Western Forest Products 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 Western Forest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Forest Products 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Forest Products. 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, Western Forest's Selling General Administrative is very stable compared to the past year. As of the 27th of February 2025, Enterprise Value Over EBITDA is likely to grow to 17.93, while Discontinued Operations is likely to drop about 6.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	254.5M	50.6M	90.2M	169.4M
Total Revenue	1.4B	1.0B	1.1B	1.0B

Gross Profit Total Revenue

Western Forest fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		-0.24	0.53	0.88	0.7	-0.33	0.95	0.68	0.35	0.89	0.56	0.33	0.01	-0.22	-0.1	0.87	0.75	-0.2	0.23	0.86	0.84	-0.63	-0.24	-0.81	-0.75	-0.87
Short Long Term Debt Total	-0.24		0.02	-0.63	0.32	0.95	-0.07	-0.45	-0.32	-0.18	-0.28	-0.32	-0.21	-0.81	0.89	0.02	-0.18	0.87	0.78	-0.02	-0.24	0.34	-0.01	-0.02	0.27	0.25
Total Current Liabilities	0.53	0.02		0.31	0.33	-0.2	0.52	0.71	0.64	0.16	0.14	0.64	0.24	-0.45	-0.11	0.65	0.14	0.32	0.51	0.48	0.81	-0.06	0.01	-0.33	-0.06	-0.22
Total Stockholder Equity	0.88	-0.63	0.31		0.46	-0.66	0.78	0.67	0.35	0.81	0.49	0.34	0.13	0.18	-0.46	0.62	0.65	-0.55	-0.21	0.66	0.7	-0.67	-0.14	-0.58	-0.69	-0.77
Property Plant And Equipment Net	0.7	0.32	0.33	0.46		0.27	0.73	0.22	0.01	0.77	0.04	0.01	-0.08	-0.62	0.45	0.6	0.45	0.31	0.59	0.61	0.42	-0.43	-0.16	-0.57	-0.38	-0.44
Net Debt	-0.33	0.95	-0.2	-0.66	0.27		-0.17	-0.49	-0.6	-0.17	-0.3	-0.6	-0.14	-0.69	0.89	-0.07	-0.15	0.76	0.65	-0.12	-0.42	0.34	0.03	0.05	0.26	0.28
Retained Earnings	0.95	-0.07	0.52	0.78	0.73	-0.17		0.61	0.28	0.83	0.51	0.26	0.11	-0.41	-0.05	0.86	0.73	0.01	0.27	0.83	0.81	-0.54	-0.18	-0.78	-0.73	-0.83
Accounts Payable	0.68	-0.45	0.71	0.67	0.22	-0.49	0.61		0.31	0.42	0.42	0.29	0.52	-0.02	-0.48	0.66	0.52	-0.21	0.02	0.47	0.79	-0.25	0.06	-0.42	-0.44	-0.52
Cash	0.35	-0.32	0.64	0.35	0.01	-0.6	0.28	0.31		0.04	0.11	1.0	-0.12	0.05	-0.39	0.25	-0.08	-0.09	0.05	0.29	0.62	-0.14	-0.07	-0.14	-0.03	-0.15
Non Current Assets Total	0.89	-0.18	0.16	0.81	0.77	-0.17	0.83	0.42	0.04		0.48	0.02	-0.17	-0.12	0.06	0.66	0.72	-0.29	0.15	0.7	0.5	-0.68	-0.29	-0.72	-0.81	-0.84
Non Currrent Assets Other	0.56	-0.28	0.14	0.49	0.04	-0.3	0.51	0.42	0.11	0.48		0.07	-0.19	0.11	-0.23	0.63	0.54	-0.37	-0.11	0.6	0.49	-0.46	-0.47	-0.78	-0.64	-0.73
Cash And Short Term Investments	0.33	-0.32	0.64	0.34	0.01	-0.6	0.26	0.29	1.0	0.02	0.07		-0.11	0.05	-0.39	0.22	-0.11	-0.08	0.05	0.26	0.6	-0.12	-0.06	-0.1	0.01	-0.11
Net Receivables	0.01	-0.21	0.24	0.13	-0.08	-0.14	0.11	0.52	-0.12	-0.17	-0.19	-0.11		-0.06	-0.46	0.04	0.08	0.1	-0.25	-0.19	0.21	0.15	0.55	0.2	0.09	0.13
Common Stock Shares Outstanding	-0.22	-0.81	-0.45	0.18	-0.62	-0.69	-0.41	-0.02	0.05	-0.12	0.11	0.05	-0.06		-0.66	-0.46	-0.07	-0.89	-0.84	-0.37	-0.28	-0.12	-0.01	0.29	-0.08	0.03
Non Current Liabilities Total	-0.1	0.89	-0.11	-0.46	0.45	0.89	-0.05	-0.48	-0.39	0.06	-0.23	-0.39	-0.46	-0.66		0.07	-0.07	0.62	0.8	0.13	-0.28	0.18	-0.13	-0.11	0.14	0.1
Inventory	0.87	0.02	0.65	0.62	0.6	-0.07	0.86	0.66	0.25	0.66	0.63	0.22	0.04	-0.46	0.07		0.65	0.08	0.46	0.92	0.87	-0.45	-0.27	-0.86	-0.52	-0.74
Other Current Assets	0.75	-0.18	0.14	0.65	0.45	-0.15	0.73	0.52	-0.08	0.72	0.54	-0.11	0.08	-0.07	-0.07	0.65		-0.3	0.03	0.7	0.56	-0.42	-0.22	-0.75	-0.79	-0.85
Other Stockholder Equity	-0.2	0.87	0.32	-0.55	0.31	0.76	0.01	-0.21	-0.09	-0.29	-0.37	-0.08	0.1	-0.89	0.62	0.08	-0.3		0.73	-0.04	-0.03	0.4	0.12	0.08	0.44	0.39
Total Liab	0.23	0.78	0.51	-0.21	0.59	0.65	0.27	0.02	0.05	0.15	-0.11	0.05	-0.25	-0.84	0.8	0.46	0.03	0.73		0.4	0.25	0.12	-0.1	-0.3	0.08	-0.05
Property Plant And Equipment Gross	0.86	-0.02	0.48	0.66	0.61	-0.12	0.83	0.47	0.29	0.7	0.6	0.26	-0.19	-0.37	0.13	0.92	0.7	-0.04	0.4		0.8	-0.44	-0.35	-0.86	-0.55	-0.8
Total Current Assets	0.84	-0.24	0.81	0.7	0.42	-0.42	0.81	0.79	0.62	0.5	0.49	0.6	0.21	-0.28	-0.28	0.87	0.56	-0.03	0.25	0.8		-0.39	-0.11	-0.69	-0.45	-0.65
Short Term Debt	-0.63	0.34	-0.06	-0.67	-0.43	0.34	-0.54	-0.25	-0.14	-0.68	-0.46	-0.12	0.15	-0.12	0.18	-0.45	-0.42	0.4	0.12	-0.44	-0.39		0.4	0.59	0.55	0.55
Other Current Liab	-0.24	-0.01	0.01	-0.14	-0.16	0.03	-0.18	0.06	-0.07	-0.29	-0.47	-0.06	0.55	-0.01	-0.13	-0.27	-0.22	0.12	-0.1	-0.35	-0.11	0.4		0.46	0.24	0.31
Intangible Assets	-0.81	-0.02	-0.33	-0.58	-0.57	0.05	-0.78	-0.42	-0.14	-0.72	-0.78	-0.1	0.2	0.29	-0.11	-0.86	-0.75	0.08	-0.3	-0.86	-0.69	0.59	0.46		0.63	0.79
Common Stock Total Equity	-0.75	0.27	-0.06	-0.69	-0.38	0.26	-0.73	-0.44	-0.03	-0.81	-0.64	0.01	0.09	-0.08	0.14	-0.52	-0.79	0.44	0.08	-0.55	-0.45	0.55	0.24	0.63		0.93
Common Stock	-0.87	0.25	-0.22	-0.77	-0.44	0.28	-0.83	-0.52	-0.15	-0.84	-0.73	-0.11	0.13	0.03	0.1	-0.74	-0.85	0.39	-0.05	-0.8	-0.65	0.55	0.31	0.79	0.93

Click cells to compare fundamentals

Western Forest Account Relationship Matchups

Western Forest fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	852.2M	959M	932.8M	915.4M	915.5M	837.6M
Short Long Term Debt Total	93.7M	18.3M	20.6M	104.6M	94.1M	97.1M
Total Current Liabilities	125.6M	194.3M	125.8M	121M	127M	104.1M
Total Stockholder Equity	504.5M	612.1M	647.2M	565M	558.2M	474.4M
Property Plant And Equipment Net	383.3M	343.2M	364.7M	403.7M	349.6M	277.8M
Net Debt	90.8M	(111.7M)	4.8M	102.3M	77.6M	76.8M
Retained Earnings	16.1M	184.5M	229.1M	148.9M	135.8M	142.6M
Accounts Payable	108.7M	112.8M	108.5M	98.7M	110.7M	95.6M
Cash	2.9M	130M	15.8M	2.3M	7.9M	7.5M
Non Current Assets Total	588.5M	548M	595.6M	580.5M	581.4M	537.9M
Non Currrent Assets Other	91.1M	94.3M	127.4M	70.9M	136M	142.8M
Cash And Short Term Investments	2.9M	130M	15.8M	2.3M	2.6M	2.5M
Net Receivables	66.8M	57.4M	77.4M	74.4M	60.1M	75.2M
Common Stock Shares Outstanding	375.4M	361.5M	325.1M	316.7M	316.7M	366.4M
Liabilities And Stockholders Equity	852.2M	959M	932.8M	915.4M	1.1B	829.1M
Non Current Liabilities Total	221M	147.5M	155.3M	226.5M	222.2M	159.1M
Inventory	177.9M	207.2M	224.8M	213.5M	217.1M	186.8M
Other Current Assets	16.1M	16.4M	21.8M	44.7M	35M	36.8M
Other Stockholder Equity	9.6M	10.4M	9M	8.8M	7.9M	14.1M
Total Liab	346.6M	341.8M	281.1M	347.5M	349.2M	263.3M
Property Plant And Equipment Gross	383.3M	787.5M	848.3M	868.3M	901.1M	483.8M
Total Current Assets	263.7M	411M	339.8M	334.9M	334.1M	299.9M
Accumulated Other Comprehensive Income	(1.9M)	(2.2M)	3.6M	1.9M	2.2M	2.3M
Short Term Debt	6.8M	5.5M	4.2M	7.8M	7.0M	6.7M
Other Current Liab	8.1M	9.9M	11.1M	12.3M	300K	285K
Intangible Assets	105M	100.3M	96.3M	92.3M	88.2M	89.7M
Other Liab	120.9M	134.1M	134.7M	138.9M	159.7M	136.5M
Net Tangible Assets	372.6M	399.5M	511.8M	543.9M	625.5M	439.5M
Long Term Debt	6M	113.4M	71.5M	83.8M	85.5M	61.9M
Long Term Investments	9M	8.8M	10M	11M	12.7M	11.3M
Property Plant Equipment	470.9M	436.9M	392.3M	413.8M	475.9M	416.3M
Long Term Debt Total	128.4M	86.9M	12.8M	16.4M	14.8M	14.0M
Capital Surpluse	9.1M	9.6M	10.4M	9M	10.5M	9.9M
Non Current Liabilities Other	1.4M	3.5M	3.7M	1.9M	1.8M	2.0M
Cash And Equivalents	2.1M	2.9M	130M	15.8M	18.2M	33.6M

Pair Trading with Western Forest

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 Western Forest 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 Western Forest will appreciate offsetting losses from the drop in the long position's value.

Moving against Western Stock

0.67	GOOG	Alphabet CDR	Pair Corr
0.64	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Western Forest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Forest 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 Western Forest - 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 Western Forest Products to buy it.

The correlation of Western Forest 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 Western Forest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Forest Products 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 Western Forest 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.

Pair Correlation Correlation Matching

Other Information on Investing in Western Stock

Balance Sheet is a snapshot of the financial position of Western Forest Products at a specified time, usually calculated after every quarter, six months, or one year. Western Forest Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Western Forest 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 Western currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Western Ptb Ratio vs Price To Sales Ratio Analysis

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Ptb Ratio

Price To Sales Ratio

Western Forest fundamental ratios Correlations

Western Forest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Forest fundamental ratios Accounts

Pair Trading with Western Forest

Moving against Western Stock

Other Information on Investing in Western Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.95	Total Assets
Net Debt	+ 0.95	Short Long Term Debt Total
Common Stock	+ 0.93	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.92	Inventory
Non Current Assets Total	+ 0.89	Total Assets

Other Stockholder Equity	- 0.89	Common Stock Shares Outstanding
Common Stock	- 0.87	Total Assets
Intangible Assets	- 0.86	Property Plant And Equipment Gross
Intangible Assets	- 0.86	Inventory
Common Stock	- 0.85	Other Current Assets
Total Liab	- 0.84	Common Stock Shares Outstanding