Premier Health Price To Book vs. Shares Outstanding

PHA Stock  CAD 0.14  0.00  0.00%   
Considering the key profitability indicators obtained from Premier Health's historical financial statements, Premier Health of may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Premier Health's ability to earn profits and add value for shareholders. At this time, Premier Health's EV To Sales is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.21 in 2024, whereas Price To Sales Ratio is likely to drop 0.24 in 2024. At this time, Premier Health's Income Tax Expense is fairly stable compared to the past year. Operating Income is likely to climb to about 4 M in 2024, despite the fact that Net Interest Income is likely to grow to (1.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.180.23
Significantly Down
Slightly volatile
For Premier Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Premier Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Premier Health of utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Premier Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Premier Health of over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Premier Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier Health'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.

Premier Health Shares Outstanding vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Premier Health's current stock value. Our valuation model uses many indicators to compare Premier Health value to that of its competitors to determine the firm's financial worth.
Premier Health of is regarded second in price to book category among its peers. It is considered to be number one stock in shares outstanding category among its peers creating about  46,823,718  of Shares Outstanding per Price To Book. Common Stock Shares Outstanding is likely to drop to about 34.3 M in 2024. 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 Premier Health's earnings, one of the primary drivers of an investment's value.

Premier Shares Outstanding 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.

Premier Health

P/B

 = 

MV Per Share

BV Per Share

 = 
1.19 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Premier Health

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
55.51 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Premier Shares Outstanding Comparison

Premier Health is currently under evaluation in shares outstanding category among its peers.

Premier Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Premier Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Premier Health will eventually generate negative long term returns. The profitability progress is the general direction of Premier Health's change in net profit over the period of time. It can combine multiple indicators of Premier Health, 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.
Last ReportedProjected for Next Year
Net Loss-128.2 K-121.8 K
Income Tax Expense1.6 M1.6 M
Net Interest Income-1.8 M-1.7 M
Operating Income3.8 MM
Net Loss-1.5 M-1.5 M
Income Before Tax-627.9 K-596.5 K
Net Loss-1.5 M-1.5 M
Interest Income2.1 K1.9 K
Total Other Income Expense Net-1.7 M-1.8 M
Change To Netincome153.7 K240 K
Net Loss(0.04)(0.03)
Income Quality 0.86  0.90 
Net Income Per E B T 2.81  2.95 

Premier Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Premier Health. 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 Premier Health 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 Premier Health's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Premier Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Premier Health position

In addition to having Premier Health 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.

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Large Growth Funds Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 42 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 Large Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Premier Stock Analysis

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