Taiga Building Price To Earning vs. Price To Sales

TBL Stock  CAD 3.77  0.02  0.53%   
Considering the key profitability indicators obtained from Taiga Building's historical financial statements, Taiga Building Products is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Taiga Building's ability to earn profits and add value for shareholders. At this time, Taiga Building's Price To Sales Ratio is very stable compared to the past year. As of the 12th of December 2024, Days Sales Outstanding is likely to grow to 39.97, while EV To Sales is likely to drop 0.18. At this time, Taiga Building's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 12th of December 2024, Income Before Tax is likely to grow to about 80.5 M, while Operating Income is likely to drop about 44.8 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.07630.1181
Way Down
Slightly volatile
Operating Profit Margin0.04950.0471
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.04790.0457
Sufficiently Up
Slightly volatile
For Taiga Building profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Taiga Building to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Taiga Building Products utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Taiga Building's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Taiga Building Products 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 Taiga Building's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taiga Building is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taiga Building'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.

Taiga Building Products Price To Sales vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Taiga Building's current stock value. Our valuation model uses many indicators to compare Taiga Building value to that of its competitors to determine the firm's financial worth.
Taiga Building Products is rated fifth in price to earning category among its peers. It is rated third in price to sales category among its peers fabricating about  0.04  of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Taiga Building Products is roughly  25.53 . At this time, Taiga Building's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Taiga Building by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Taiga Building'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.

Taiga Price To Sales vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Taiga Building

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
6.44 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Taiga Building

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.25 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Taiga Price To Sales Comparison

Taiga Building is currently under evaluation in price to sales category among its peers.

Taiga Building Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Taiga Building, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Taiga Building will eventually generate negative long term returns. The profitability progress is the general direction of Taiga Building's change in net profit over the period of time. It can combine multiple indicators of Taiga Building, 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
Accumulated Other Comprehensive Income7.6 MM
Operating Income79.2 M44.8 M
Income Before Tax76.7 M80.5 M
Total Other Income Expense Net-2.5 M-2.6 M
Net Income61.3 M64.4 M
Income Tax Expense15.4 M10.1 M
Net Income From Continuing Ops61.3 M39.2 M
Net Income Applicable To Common Shares101.9 M107 M
Interest IncomeM2.9 M
Net Interest Income-2.3 M-2.4 M
Change To Netincome-44.5 M-42.2 M
Net Income Per Share 0.57  0.61 
Income Quality 1.75  1.67 
Net Income Per E B T 0.80  0.40 

Taiga Profitability Driver Comparison

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

Use Taiga Building 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 Taiga Building 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 Taiga Building will appreciate offsetting losses from the drop in the long position's value.

Taiga Building Pair Trading

Taiga Building Products Pair Trading Analysis

The ability to find closely correlated positions to Taiga Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taiga Building 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 Taiga Building - 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 Taiga Building Products to buy it.
The correlation of Taiga Building 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 Taiga Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taiga Building 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 Taiga Building 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 CorrelationCorrelation Matching

Use Investing Themes to Complement your Taiga Building position

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Other Information on Investing in Taiga Stock

To fully project Taiga Building's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Taiga Building Products 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 Taiga Building's income statement, its balance sheet, and the statement of cash flows.
Potential Taiga Building investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Taiga Building investors may work on each financial statement separately, they are all related. The changes in Taiga Building's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Taiga Building's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.