Firstservice Corp Stock Price To Book

FSV Stock  CAD 200.10  3.54  1.80%   
FirstService Corp fundamentals help investors to digest information that contributes to FirstService Corp's financial success or failures. It also enables traders to predict the movement of FirstService Stock. The fundamental analysis module provides a way to measure FirstService Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to FirstService Corp stock.
As of the 2nd of June 2024, Price To Book Ratio is likely to drop to 5.15.
  
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FirstService Corp Company Price To Book Analysis

FirstService Corp's 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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current FirstService Corp Price To Book

    
  6.82 X  
Most of FirstService Corp's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, FirstService Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

FirstService Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for FirstService Corp is extremely important. It helps to project a fair market value of FirstService Stock properly, considering its historical fundamentals such as Price To Book. Since FirstService Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of FirstService Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of FirstService Corp's interrelated accounts and indicators.
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.
Competition

FirstService Book Value Per Share

Book Value Per Share

24.13

At this time, FirstService Corp's Book Value Per Share is very stable compared to the past year.
Based on the latest financial disclosure, FirstService Corp has a Price To Book of 6.8153 times. This is 192.5% higher than that of the Real Estate Management & Development sector and 26.21% higher than that of the Real Estate industry. The price to book for all Canada stocks is 28.34% higher than that of the company.

FirstService Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FirstService Corp's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FirstService Corp could also be used in its relative valuation, which is a method of valuing FirstService Corp by comparing valuation metrics of similar companies.
FirstService Corp is currently under evaluation in price to book category among related companies.

FirstService Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of FirstService Corp from analyzing FirstService Corp's financial statements. These drivers represent accounts that assess FirstService Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of FirstService Corp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.6B5.8B8.6B5.4B7.2B7.6B
Enterprise Value4.3B6.4B9.2B6.2B8.4B8.9B

FirstService Fundamentals

About FirstService Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze FirstService Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FirstService Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FirstService Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether FirstService Corp is a strong investment it is important to analyze FirstService Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstService Corp's future performance. For an informed investment choice regarding FirstService Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running FirstService Corp's price analysis, check to measure FirstService Corp'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 FirstService Corp is operating at the current time. Most of FirstService Corp's value examination focuses on studying past and present price action to predict the probability of FirstService Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstService Corp's price. Additionally, you may evaluate how the addition of FirstService Corp to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService 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.