Pasofino Gold Limited Stock Price To Book

VEIN Stock  CAD 0.42  0.02  5.00%   
Pasofino Gold Limited fundamentals help investors to digest information that contributes to Pasofino Gold's financial success or failures. It also enables traders to predict the movement of Pasofino Stock. The fundamental analysis module provides a way to measure Pasofino Gold'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 Pasofino Gold stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Pasofino Price To Book Analysis

Pasofino Gold'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.
 2021 2022 2023 2024 (projected)
Total Current Liabilities1.6M1.7M2.0M1.3M
Total Assets2.1M2.3M2.7M1.8M

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Pasofino Gold Price To Book

    
  34.25 X  
Most of Pasofino Gold'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, Pasofino Gold Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, Pasofino Gold Limited has a Price To Book of 34.2527 times. This is 181.22% higher than that of the Metals & Mining sector and 286.26% lower than that of the Materials industry. The price to book for all Canada stocks is notably lower than that of the firm.

Pasofino Price To Book Peer Comparison

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

Pasofino Fundamentals

About Pasofino Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pasofino Gold Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pasofino Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pasofino Gold Limited 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.
Enforcer Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Enforcer Gold Corp. was incorporated in 2010 and is headquartered in Kelowna, Canada. ENFORCER GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.

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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.
Check out Pasofino Gold Piotroski F Score and Pasofino Gold Altman Z Score analysis.
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Please note, there is a significant difference between Pasofino Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pasofino Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pasofino Gold'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.