Prospera Energy Stock Price To Book

PEI Stock  CAD 0.06  0.01  14.29%   
Prospera Energy fundamentals help investors to digest information that contributes to Prospera Energy's financial success or failures. It also enables traders to predict the movement of Prospera Stock. The fundamental analysis module provides a way to measure Prospera Energy'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 Prospera Energy stock.
Price To Book Ratio is likely to climb to 26.54 in 2024.
  
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Prospera Energy Company Price To Book Analysis

Prospera Energy'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

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Current Prospera Energy Price To Book

    
  22.17 X  
Most of Prospera Energy'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, Prospera Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Prospera Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Prospera Energy is extremely important. It helps to project a fair market value of Prospera Stock properly, considering its historical fundamentals such as Price To Book. Since Prospera Energy'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 Prospera Energy'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 Prospera Energy'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

Prospera Book Value Per Share

Book Value Per Share

0.003195

At this time, Prospera Energy's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Prospera Energy has a Price To Book of 22.1716 times. This is much higher than that of the Oil, Gas & Consumable Fuels sector and notably higher than that of the Energy industry. The price to book for all Canada stocks is 133.14% lower than that of the firm.

Prospera Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prospera Energy'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 Prospera Energy could also be used in its relative valuation, which is a method of valuing Prospera Energy by comparing valuation metrics of similar companies.
Prospera Energy is currently under evaluation in price to book category among its peers.

Prospera Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Prospera Energy from analyzing Prospera Energy's financial statements. These drivers represent accounts that assess Prospera Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Prospera Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.7M1.3M3.9M17.0M30.4M31.9M
Enterprise Value3.6M2.7M11.4M20.2M39.8M41.8M

Prospera Fundamentals

About Prospera Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Prospera Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prospera Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prospera Energy 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Prospera Stock Analysis

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