Red Pine Exploration Stock Book Value Per Share

RPX Stock  CAD 0.12  0.01  9.09%   
Red Pine Exploration fundamentals help investors to digest information that contributes to Red Pine's financial success or failures. It also enables traders to predict the movement of Red Stock. The fundamental analysis module provides a way to measure Red Pine'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 Red Pine stock.
Last ReportedProjected for Next Year
Book Value Per Share 0.03  0.02 
Tangible Book Value Per Share 0.03  0.02 
Book Value Per Share is likely to drop to 0.02 in 2024. Tangible Book Value Per Share is likely to drop to 0.02 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Red Pine Exploration Company Book Value Per Share Analysis

Red Pine's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Red Pine Book Value Per Share

    
  0.04 X  
Most of Red Pine's fundamental indicators, such as Book Value Per Share, 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, Red Pine Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Red Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Red Pine is extremely important. It helps to project a fair market value of Red Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Red Pine'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 Red Pine'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 Red Pine's interrelated accounts and indicators.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Red Common Stock Shares Outstanding

Common Stock Shares Outstanding

169.99 Million

At this time, Red Pine's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Red Pine Exploration is about 0.039 times. This is 99.99% lower than that of the Metals & Mining sector and 99.38% lower than that of the Materials industry. The book value per share for all Canada stocks is 100.0% higher than that of the company.

Red Book Value Per Share Peer Comparison

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

Red Fundamentals

About Red Pine Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Pine Exploration. 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.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Red Stock analysis

When running Red Pine's price analysis, check to measure Red Pine'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 Red Pine is operating at the current time. Most of Red Pine's value examination focuses on studying past and present price action to predict the probability of Red Pine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Pine's price. Additionally, you may evaluate how the addition of Red Pine to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Global Correlations
Find global opportunities by holding instruments from different markets
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Please note, there is a significant difference between Red Pine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Pine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Pine'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.