EQB Price To Book vs. Gross Profit
| EQB Stock | CAD 97.87 0.12 0.12% |
For EQB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EQB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EQB Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EQB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EQB Inc over time as well as its relative position and ranking within its peers.
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EQB Inc Gross Profit vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EQB's current stock value. Our valuation model uses many indicators to compare EQB value to that of its competitors to determine the firm's financial worth. EQB Inc is rated # 2 in price to book category among its peers. It also is rated # 2 in gross profit category among its peers fabricating about 1,007,887,117 of Gross Profit per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value EQB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EQB's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.EQB Gross Profit vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 1.16 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
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| = | 1.17 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
EQB Gross Profit Comparison
EQB is currently under evaluation in gross profit category among its peers.
EQB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EQB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EQB will eventually generate negative long term returns. The profitability progress is the general direction of EQB's change in net profit over the period of time. It can combine multiple indicators of EQB, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Equitable Group Inc., through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. Equitable Group Inc. was founded in 1970 and is headquartered in Toronto, Canada. EQUITABLE GROUP operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 882 people.
EQB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EQB. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of EQB position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the EQB's important profitability drivers and their relationship over time.
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Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
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Other Information on Investing in EQB Stock
To fully project EQB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EQB Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include EQB's income statement, its balance sheet, and the statement of cash flows.