Cameco Price To Sales Ratio vs Ptb Ratio Analysis

CCO Stock

CAD 73.49 2.32 3.06%

Cameco Corp financial indicator trend analysis is way more than just evaluating Cameco Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cameco Corp is a good investment. Please check the relationship between Cameco Corp Price To Sales Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cameco Corp Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cameco Corp's Price To Sales Ratio and Ptb Ratio is 0.95. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Cameco Corp, assuming nothing else is changed. The correlation between historical values of Cameco Corp's Price To Sales Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Cameco Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Cameco Corp's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Cameco Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cameco Corp sales, a figure that is much harder to manipulate than other Cameco Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Cameco Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cameco Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.At this time, Cameco Corp's Tax Provision is very stable compared to the past year. As of the 9th of June 2024, Issuance Of Capital Stock is likely to grow to about 1 B, while Selling General Administrative is likely to drop about 123.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9M	233.3M	561.7M	522.6M
Total Revenue	1.5B	1.9B	2.6B	1.7B

Gross Profit Total Revenue

Cameco Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Cash	Cash And Short Term Investments	Short Term Investments	Short Term Debt	Intangible Assets	Current Deferred Revenue
Total Assets		0.81	0.54	0.47	0.99	0.75	0.4	0.94	0.53	0.96	0.26	0.47	0.91	0.95	0.59	0.12	-0.49	0.98	0.46	0.77	0.5	0.32	0.3	0.25	-0.76	0.87
Short Long Term Debt Total	0.81		0.67	0.33	0.77	0.9	0.58	0.87	0.3	0.81	0.04	0.54	0.63	0.85	0.73	-0.4	-0.51	0.84	0.1	0.56	0.26	-0.1	0.21	0.59	-0.43	0.7
Other Current Liab	0.54	0.67		-0.11	0.57	0.68	0.05	0.63	-0.03	0.43	0.0	0.08	0.25	0.57	0.63	-0.43	-0.32	0.49	0.0	0.63	0.33	-0.28	0.53	0.57	-0.2	0.31
Total Current Liabilities	0.47	0.33	-0.11		0.4	0.27	0.69	0.33	0.62	0.51	-0.13	0.43	0.66	0.33	0.16	0.32	-0.25	0.53	0.64	0.24	-0.01	0.72	0.0	-0.13	-0.4	0.63
Total Stockholder Equity	0.99	0.77	0.57	0.4		0.72	0.33	0.94	0.49	0.94	0.31	0.4	0.9	0.93	0.59	0.15	-0.5	0.94	0.46	0.8	0.51	0.3	0.36	0.23	-0.76	0.85
Property Plant And Equipment Net	0.75	0.9	0.68	0.27	0.72		0.52	0.89	0.44	0.72	-0.04	0.62	0.56	0.78	0.69	-0.33	-0.33	0.75	0.08	0.57	0.17	-0.16	0.25	0.49	-0.29	0.67
Net Debt	0.4	0.58	0.05	0.69	0.33	0.52		0.41	0.44	0.52	-0.31	0.39	0.43	0.37	0.63	-0.26	-0.25	0.48	0.18	0.0	-0.44	0.12	-0.05	0.45	-0.05	0.46
Retained Earnings	0.94	0.87	0.63	0.33	0.94	0.89	0.41		0.47	0.92	0.24	0.52	0.8	0.91	0.63	-0.05	-0.46	0.9	0.27	0.7	0.4	0.07	0.28	0.33	-0.62	0.83
Accounts Payable	0.53	0.3	-0.03	0.62	0.49	0.44	0.44	0.47		0.49	-0.36	0.68	0.57	0.38	0.2	0.31	0.14	0.53	0.48	0.45	-0.05	0.42	0.31	-0.2	-0.24	0.51
Non Current Assets Total	0.96	0.81	0.43	0.51	0.94	0.72	0.52	0.92	0.49		0.27	0.45	0.89	0.92	0.61	0.06	-0.55	0.97	0.4	0.57	0.38	0.25	0.08	0.28	-0.69	0.83
Non Currrent Assets Other	0.26	0.04	0.0	-0.13	0.31	-0.04	-0.31	0.24	-0.36	0.27		-0.22	0.35	0.32	-0.1	0.39	-0.38	0.2	0.01	0.17	0.59	0.18	-0.25	-0.18	-0.64	0.36
Net Receivables	0.47	0.54	0.08	0.43	0.4	0.62	0.39	0.52	0.68	0.45	-0.22		0.43	0.44	0.04	-0.05	0.12	0.52	0.06	0.37	0.11	0.12	0.15	0.02	-0.16	0.49
Common Stock Shares Outstanding	0.91	0.63	0.25	0.66	0.9	0.56	0.43	0.8	0.57	0.89	0.35	0.43		0.85	0.41	0.43	-0.53	0.89	0.69	0.69	0.52	0.62	0.14	0.03	-0.88	0.95
Non Current Liabilities Total	0.95	0.85	0.57	0.33	0.93	0.78	0.37	0.91	0.38	0.92	0.32	0.44	0.85		0.64	0.03	-0.56	0.96	0.38	0.72	0.56	0.19	0.16	0.39	-0.74	0.84
Inventory	0.59	0.73	0.63	0.16	0.59	0.69	0.63	0.63	0.2	0.61	-0.1	0.04	0.41	0.64		-0.4	-0.43	0.59	0.11	0.36	-0.13	-0.21	0.26	0.75	-0.2	0.44
Other Current Assets	0.12	-0.4	-0.43	0.32	0.15	-0.33	-0.26	-0.05	0.31	0.06	0.39	-0.05	0.43	0.03	-0.4		0.04	0.06	0.67	0.24	0.4	0.81	-0.04	-0.63	-0.56	0.35
Other Stockholder Equity	-0.49	-0.51	-0.32	-0.25	-0.5	-0.33	-0.25	-0.46	0.14	-0.55	-0.38	0.12	-0.53	-0.56	-0.43	0.04		-0.5	-0.43	-0.21	-0.47	-0.18	0.24	-0.15	0.58	-0.53
Total Liab	0.98	0.84	0.49	0.53	0.94	0.75	0.48	0.9	0.53	0.97	0.2	0.52	0.89	0.96	0.59	0.06	-0.5		0.44	0.7	0.47	0.31	0.19	0.3	-0.72	0.85
Property Plant And Equipment Gross	0.46	0.1	0.0	0.64	0.46	0.08	0.18	0.27	0.48	0.4	0.01	0.06	0.69	0.38	0.11	0.67	-0.43	0.44		0.46	0.42	0.82	0.11	-0.25	-0.64	0.61
Total Current Assets	0.77	0.56	0.63	0.24	0.8	0.57	0.0	0.7	0.45	0.57	0.17	0.37	0.69	0.72	0.36	0.24	-0.21	0.7	0.46		0.61	0.37	0.71	0.12	-0.67	0.68
Cash	0.5	0.26	0.33	-0.01	0.51	0.17	-0.44	0.4	-0.05	0.38	0.59	0.11	0.52	0.56	-0.13	0.4	-0.47	0.47	0.42	0.61		0.38	0.05	-0.19	-0.77	0.5
Cash And Short Term Investments	0.32	-0.1	-0.28	0.72	0.3	-0.16	0.12	0.07	0.42	0.25	0.18	0.12	0.62	0.19	-0.21	0.81	-0.18	0.31	0.82	0.37	0.38		0.08	-0.44	-0.61	0.52
Short Term Investments	0.3	0.21	0.53	0.0	0.36	0.25	-0.05	0.28	0.31	0.08	-0.25	0.15	0.14	0.16	0.26	-0.04	0.24	0.19	0.11	0.71	0.05	0.08		0.2	-0.09	0.13
Short Term Debt	0.25	0.59	0.57	-0.13	0.23	0.49	0.45	0.33	-0.2	0.28	-0.18	0.02	0.03	0.39	0.75	-0.63	-0.15	0.3	-0.25	0.12	-0.19	-0.44	0.2		0.1	0.1
Intangible Assets	-0.76	-0.43	-0.2	-0.4	-0.76	-0.29	-0.05	-0.62	-0.24	-0.69	-0.64	-0.16	-0.88	-0.74	-0.2	-0.56	0.58	-0.72	-0.64	-0.67	-0.77	-0.61	-0.09	0.1		-0.84
Current Deferred Revenue	0.87	0.7	0.31	0.63	0.85	0.67	0.46	0.83	0.51	0.83	0.36	0.49	0.95	0.84	0.44	0.35	-0.53	0.85	0.61	0.68	0.5	0.52	0.13	0.1	-0.84

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Cameco Corp Account Relationship Matchups

Cameco Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.6B	7.5B	8.6B	9.9B	6.2B
Short Long Term Debt Total	996.7M	995.5M	996.3M	997M	1.1B	899.8M
Other Current Liab	177.0M	140.5M	200.4M	310.9M	48.5M	46.1M
Total Current Liabilities	277.4M	303.8M	413.7M	560.8M	1.2B	1.2B
Total Stockholder Equity	5.0B	5.0B	4.8B	5.8B	6.1B	3.9B
Property Plant And Equipment Net	3.7B	3.8B	3.6B	3.5B	3.4B	3.5B
Net Debt	130.0M	267.3M	(17.9M)	92.3M	1.2B	1.3B
Retained Earnings	2.8B	2.7B	2.6B	2.7B	3.0B	2.0B
Accounts Payable	100.4M	137.2M	213.4M	250.0M	388.9M	254.8M
Non Current Assets Total	5.6B	5.6B	5.4B	5.3B	8.1B	4.6B
Non Currrent Assets Other	1.3B	1.3B	577.5M	595.5M	613.8M	537.4M
Net Receivables	338.3M	231.9M	304.3M	217.2M	413.8M	343.6M
Liabilities And Stockholders Equity	7.4B	7.6B	7.5B	8.6B	9.9B	5.9B
Non Current Liabilities Total	2.2B	2.3B	2.3B	2.2B	2.7B	1.7B
Inventory	406.3M	769.8M	504.9M	822.6M	841.6M	628.0M
Other Current Assets	195.7M	190.1M	233.3M	239M	274.9M	288.6M
Other Stockholder Equity	306.4M	352.8M	302.8M	259.3M	233.4M	221.7M
Total Liab	2.4B	2.6B	2.7B	2.8B	3.8B	2.2B
Property Plant And Equipment Gross	3.7B	3.8B	9.2B	9.4B	9.5B	10.0B
Total Current Assets	1.8B	1.9B	2.1B	3.3B	1.8B	1.6B
Accumulated Other Comprehensive Income	(4.9B)	(5.1B)	(5.3B)	(5.5B)	(5.0B)	(4.7B)
Cash	866.7M	728.2M	1.0B	904.7M	566.8M	424.7M
Cash And Short Term Investments	866.7M	753.2M	1.1B	2.0B	2.3B	2.5B
Intangible Assets	60.4M	55.8M	51.2M	47.1M	43.6M	69.1M
Common Stock	1.9B	1.9B	1.9B	2.9B	3.3B	2.1B
Other Liab	1.1B	1.3B	1.2B	1.1B	1.3B	1.2B
Net Tangible Assets	4.9B	4.9B	4.8B	5.8B	6.7B	5.6B
Other Assets	1.6B	1.6B	1.5B	984.1M	1.1B	1.4B
Long Term Debt	996.7M	995.5M	996.3M	997M	1.3B	984.0M
Long Term Investments	252.7M	219.7M	233.2M	211.0M	3.8B	4.0B
Short Long Term Debt	499.6M	33.1M	26.1M	499.8M	449.8M	748.0M
Property Plant Equipment	3.7B	3.8B	3.6B	3.5B	3.1B	3.4B
Long Term Debt Total	1.0B	1.0B	996.3M	997M	897.3M	948.2M

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Additional Information and Resources on Investing in Cameco Stock

When determining whether Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Please note, there is a significant difference between Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp'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.

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Cameco Price To Sales Ratio vs Ptb Ratio Analysis

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Ptb Ratio

Cameco Corp fundamental ratios Correlations

Cameco Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cameco Corp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Cameco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.97	Non Current Assets Total
Non Current Assets Total	+ 0.96	Total Assets
Total Liab	+ 0.96	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.95	Total Assets

Intangible Assets	- 0.88	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.84	Intangible Assets
Intangible Assets	- 0.77	Cash
Intangible Assets	- 0.76	Total Stockholder Equity
Intangible Assets	- 0.76	Total Assets
Intangible Assets	- 0.74	Non Current Liabilities Total