Belmont Price To Sales Ratio vs Ptb Ratio Analysis

BEA Stock  CAD 0.03  0.01  25.00%   
Belmont Resources financial indicator trend analysis is way more than just evaluating Belmont Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belmont Resources is a good investment. Please check the relationship between Belmont Resources 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 Belmont Resources. 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.

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 Belmont Resources Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Belmont Resources' Price To Sales Ratio and Ptb Ratio is -0.07. 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 Belmont Resources, assuming nothing else is changed. The correlation between historical values of Belmont Resources' 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 Belmont Resources 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., Belmont Resources' Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Belmont Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Belmont Resources sales, a figure that is much harder to manipulate than other Belmont Resources 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 Belmont Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belmont Resources 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 Belmont Resources. 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.
Issuance Of Capital Stock is likely to climb to about 702 K in 2024, whereas Selling General Administrative is likely to drop slightly above 459.4 K in 2024.

Belmont Resources fundamental ratios Correlations

0.070.990.98-0.760.50.10.770.990.740.180.250.83-0.280.010.740.790.840.85-0.55-0.550.720.480.290.140.23
0.07-0.040.060.21-0.690.65-0.190.09-0.05-0.070.580.2-0.830.98-0.060.51-0.29-0.270.310.31-0.340.440.30.830.79
0.99-0.040.98-0.790.570.030.790.980.750.190.20.81-0.19-0.10.750.740.870.88-0.56-0.560.740.440.270.060.16
0.980.060.98-0.680.50.130.70.980.650.10.30.83-0.290.010.640.830.850.86-0.54-0.540.70.490.240.170.24
-0.760.21-0.79-0.68-0.480.27-0.99-0.69-0.96-0.49-0.08-0.560.00.28-0.97-0.42-0.6-0.620.380.38-0.54-0.41-0.260.1-0.01
0.5-0.690.570.5-0.48-0.240.490.520.350.0-0.560.290.58-0.690.340.090.830.82-0.77-0.770.84-0.37-0.22-0.7-0.63
0.10.650.030.130.27-0.24-0.190.16-0.26-0.130.04-0.04-0.640.65-0.260.40.070.06-0.18-0.180.1-0.030.380.570.26
0.77-0.190.790.7-0.990.49-0.190.690.960.470.050.56-0.01-0.240.960.450.620.64-0.44-0.440.580.380.24-0.09-0.03
0.990.090.980.98-0.690.520.160.690.660.140.20.81-0.270.030.660.790.860.87-0.58-0.580.750.410.280.130.22
0.74-0.050.750.65-0.960.35-0.260.960.660.410.180.66-0.08-0.121.00.470.50.53-0.31-0.310.450.480.2-0.010.11
0.18-0.070.190.1-0.490.0-0.130.470.140.41-0.02-0.090.0-0.120.44-0.040.030.010.010.010.070.240.37-0.020.01
0.250.580.20.3-0.08-0.560.040.050.20.18-0.020.43-0.670.550.170.54-0.2-0.170.510.51-0.440.890.210.750.89
0.830.20.810.83-0.560.29-0.040.560.810.66-0.090.43-0.280.160.640.820.640.68-0.36-0.360.510.51-0.010.190.33
-0.28-0.83-0.19-0.290.00.58-0.64-0.01-0.27-0.080.0-0.67-0.28-0.8-0.09-0.60.10.11-0.17-0.170.23-0.66-0.47-0.98-0.8
0.010.98-0.10.010.28-0.690.65-0.240.03-0.12-0.120.550.16-0.8-0.120.49-0.31-0.280.280.28-0.350.380.190.820.75
0.74-0.060.750.64-0.970.34-0.260.960.661.00.440.170.64-0.09-0.120.460.50.53-0.3-0.30.450.480.240.00.11
0.790.510.740.83-0.420.090.40.450.790.47-0.040.540.82-0.60.490.460.590.61-0.34-0.340.420.540.170.520.53
0.84-0.290.870.85-0.60.830.070.620.860.50.03-0.20.640.1-0.310.50.590.99-0.82-0.820.94-0.020.04-0.26-0.23
0.85-0.270.880.86-0.620.820.060.640.870.530.01-0.170.680.11-0.280.530.610.99-0.81-0.810.940.00.0-0.26-0.21
-0.550.31-0.56-0.540.38-0.77-0.18-0.44-0.58-0.310.010.51-0.36-0.170.28-0.3-0.34-0.82-0.811.0-0.90.380.260.340.51
-0.550.31-0.56-0.540.38-0.77-0.18-0.44-0.58-0.310.010.51-0.36-0.170.28-0.3-0.34-0.82-0.811.0-0.90.380.260.340.51
0.72-0.340.740.7-0.540.840.10.580.750.450.07-0.440.510.23-0.350.450.420.940.94-0.9-0.9-0.25-0.02-0.41-0.44
0.480.440.440.49-0.41-0.37-0.030.380.410.480.240.890.51-0.660.380.480.54-0.020.00.380.38-0.250.460.690.8
0.290.30.270.24-0.26-0.220.380.240.280.20.370.21-0.01-0.470.190.240.170.040.00.260.26-0.020.460.440.37
0.140.830.060.170.1-0.70.57-0.090.13-0.01-0.020.750.19-0.980.820.00.52-0.26-0.260.340.34-0.410.690.440.85
0.230.790.160.24-0.01-0.630.26-0.030.220.110.010.890.33-0.80.750.110.53-0.23-0.210.510.51-0.440.80.370.85
Click cells to compare fundamentals

Belmont Resources Account Relationship Matchups

Belmont Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4M2.2M2.7M2.7M2.4M1.8M
Total Current Liabilities491.8K341.9K447.6K346.4K398.4K205.8K
Total Stockholder Equity932.3K1.9M2.2M2.3M2.1M1.7M
Property Plant And Equipment Net1.2M1.5M1.9M2.3M2.1M2.2M
Net Debt76.3K(441.6K)(379.5K)(145.2K)(167.0K)(175.4K)
Retained Earnings(23.1M)(23.7M)(24.0M)(24.6M)(22.1M)(23.2M)
Accounts Payable127.9K64.6K33.3K38.3K34.5K42.4K
Cash15.1K441.6K379.5K145.2K130.7K221.3K
Non Current Assets Total1.4M1.7M2.0M2.4M2.2M1.2M
Cash And Short Term Investments17.2K445.6K619.1K260.4K234.3K222.6K
Net Receivables2.4K42.8K12.7K5.5K5.0K4.7K
Common Stock Shares Outstanding14.2M30.9M47.7M63.9M73.5M77.1M
Liabilities And Stockholders Equity1.4M2.2M2.7M2.7M2.4M1.8M
Other Stockholder Equity1.3M1.4M1.6M1.6M1.5M1.4M
Total Liab491.8K341.9K447.6K346.4K398.4K235.4K
Total Current Assets22.0K490.3K639.9K271.4K244.3K232.1K
Other Current Liab272.5K277.4K414.4K308.1K354.3K372.1K
Short Term Investments2.2K4.0K239.6K115.2K103.6K98.5K
Accumulated Other Comprehensive Income1.4M1.6M1.6M1.5M1.8M1.9M
Net Tangible Assets1.0M932.3K1.9M2.2M2.6M2.7M
Other Assets203.1K185.9K193.6K98.0K112.6K108.3K
Common Stock22.6M24.0M24.6M25.4M29.2M23.8M
Property Plant Equipment949.9K1.2M1.5M1.9M2.2M2.3M
Net Invested Capital1.0M1.9M2.2M2.3M2.7M1.7M
Net Working Capital(469.8K)148.4K192.3K(75.0K)(86.2K)(90.6K)
Capital Stock22.6M24.0M24.6M25.4M29.2M26.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Belmont Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Belmont Resources' short interest history, or implied volatility extrapolated from Belmont Resources options trading.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belmont Resources. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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