Peyto ExplorationDevel Current Valuation vs. Price To Book
| PEYUF Stock | USD 11.34 0.15 1.31% |
For Peyto ExplorationDevel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Peyto ExplorationDevel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Peyto ExplorationDevelopment Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Peyto ExplorationDevel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Peyto ExplorationDevelopment Corp over time as well as its relative position and ranking within its peers.
Peyto |
Peyto ExplorationDevel Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Peyto ExplorationDevel's current stock value. Our valuation model uses many indicators to compare Peyto ExplorationDevel value to that of its competitors to determine the firm's financial worth. Peyto ExplorationDevelopment Corp is regarded fifth in current valuation category among its peers. It is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for Peyto ExplorationDevelopment Corp is about 1,806,488,918 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Peyto ExplorationDevel's earnings, one of the primary drivers of an investment's value.Peyto Current Valuation vs. Competition
Peyto ExplorationDevelopment Corp is regarded fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is at this time estimated at about 28.69 Billion. Peyto ExplorationDevel holds roughly 2.45 Billion in current valuation claiming about 9% of equities under Energy industry.
Peyto Price To Book vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Peyto ExplorationDevel |
| = | 2.45 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Peyto ExplorationDevel |
| = | 1.35 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.
Peyto Price To Book Comparison
Peyto ExplorationDevel is currently under evaluation in price to book category among its peers.
Peyto ExplorationDevel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Peyto ExplorationDevel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Peyto ExplorationDevel will eventually generate negative long term returns. The profitability progress is the general direction of Peyto ExplorationDevel's change in net profit over the period of time. It can combine multiple indicators of Peyto ExplorationDevel, 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.
Peyto Exploration Development Corp. engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. Peyto Exploration Development Corp. was founded in 1998 and is headquartered in Calgary, Canada. Peyto Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Peyto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Peyto ExplorationDevel. 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 Peyto ExplorationDevel 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 Peyto ExplorationDevel's important profitability drivers and their relationship over time.
Use Peyto ExplorationDevel in pair-trading
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 Peyto ExplorationDevel 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 Peyto ExplorationDevel will appreciate offsetting losses from the drop in the long position's value.Peyto ExplorationDevel Pair Trading
Peyto ExplorationDevelopment Corp Pair Trading Analysis
The ability to find closely correlated positions to Peyto ExplorationDevel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peyto ExplorationDevel 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 Peyto ExplorationDevel - 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 Peyto ExplorationDevelopment Corp to buy it.
The correlation of Peyto ExplorationDevel 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 Peyto ExplorationDevel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peyto ExplorationDevel 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 Peyto ExplorationDevel 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.Use Investing Themes to Complement your Peyto ExplorationDevel position
In addition to having Peyto ExplorationDevel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alcohol Thematic Idea Now
Alcohol
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Peyto Pink Sheet
To fully project Peyto ExplorationDevel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Peyto ExplorationDevel 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 Peyto ExplorationDevel's income statement, its balance sheet, and the statement of cash flows.