Western Price To Book Ratio from 2010 to 2024

WRN Stock  USD 1.44  0.03  2.13%   
Western Copper Price To Book Ratio yearly trend continues to be very stable with very little volatility. Price To Book Ratio is likely to drop to 1.92. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
2.01739537
Current Value
1.92
Quarterly Volatility
5.27630339
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Copper financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western main balance sheet or income statement drivers, such as Interest Expense of 81.7 K, Other Operating Expenses of 3.6 M or Cost Of Revenue of 196.6 K, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.92. Western financial statements analysis is a perfect complement when working with Western Copper Valuation or Volatility modules.
  
This module can also supplement various Western Copper Technical models . Check out the analysis of Western Copper Correlation against competitors.

Latest Western Copper's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Western Copper and over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. Western Copper's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Copper's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Western Price To Book Ratio Regression Statistics

Arithmetic Mean3.57
Geometric Mean2.41
Coefficient Of Variation147.68
Mean Deviation2.55
Median2.25
Standard Deviation5.28
Sample Variance27.84
Range21.6604
R-Value(0.42)
Mean Square Error24.80
R-Squared0.17
Significance0.12
Slope(0.49)
Total Sum of Squares389.75

Western Price To Book Ratio History

2024 1.92
2023 2.02
2022 3.33
2021 2.56
2020 2.18
2019 2.25

About Western Copper Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Western Copper income statement, its balance sheet, and the statement of cash flows. Western Copper investors use historical funamental indicators, such as Western Copper's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Western Copper investors may use each financial statement separately, they are all related. The changes in Western Copper's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Western Copper'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. We offer a historical overview of the basic patterns found on Western Copper Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Western Copper. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 2.02  1.92 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Western Copper in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Western Copper's short interest history, or implied volatility extrapolated from Western Copper options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Western Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Copper And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Copper And Stock:
Check out the analysis of Western Copper Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Western Copper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Copper. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Return On Assets
(0.02)
Return On Equity
(0.03)
The market value of Western Copper is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Copper's value that differs from its market value or its book value, called intrinsic value, which is Western Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Copper's market value can be influenced by many factors that don't directly affect Western Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Copper'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.