First Ptb Ratio vs Dividend Yield Analysis

FR Stock  CAD 8.40  0.02  0.24%   
First Majestic financial indicator trend analysis is much more than just examining First Majestic Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Majestic Silver is a good investment. Please check the relationship between First Majestic Ptb Ratio and its Dividend Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ptb Ratio vs Dividend Yield

Ptb Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Majestic Silver Ptb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Majestic's Ptb Ratio and Dividend Yield is -0.32. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of First Majestic Silver, assuming nothing else is changed. The correlation between historical values of First Majestic's Ptb Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of First Majestic Silver are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Ptb Ratio i.e., First Majestic's Ptb Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Dividend Yield

Dividend Yield is First Majestic Silver dividend as a percentage of First Majestic stock price. First Majestic Silver dividend yield is a measure of First Majestic stock productivity, which can be interpreted as interest rate earned on an First Majestic investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from First Majestic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Majestic Silver 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, First Majestic's Selling General Administrative is very stable compared to the past year. As of the 17th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, though Tax Provision is likely to grow to (57.8 M).

First Majestic fundamental ratios Correlations

0.941.00.990.5-0.820.820.571.00.940.80.280.940.990.73-0.330.990.980.90.910.990.920.93-0.110.650.83
0.940.930.950.45-0.680.890.580.940.850.720.370.820.920.68-0.330.950.930.840.780.90.810.830.090.710.66
1.00.930.990.47-0.810.80.580.990.930.810.250.940.980.73-0.330.980.970.90.910.980.910.93-0.110.620.84
0.990.950.990.56-0.780.80.51.00.920.730.250.910.980.72-0.380.990.980.850.90.980.90.92-0.020.650.79
0.50.450.470.56-0.570.3-0.290.560.580.00.050.440.580.28-0.560.560.580.20.60.590.670.570.080.160.43
-0.82-0.68-0.81-0.78-0.57-0.66-0.46-0.8-0.82-0.72-0.24-0.89-0.85-0.480.32-0.83-0.78-0.79-0.84-0.84-0.92-0.840.34-0.5-0.83
0.820.890.80.80.3-0.660.740.790.710.720.610.750.820.56-0.210.840.770.840.640.760.710.65-0.110.760.48
0.570.580.580.5-0.29-0.460.740.50.420.890.530.60.550.430.20.560.440.840.330.490.460.45-0.350.620.39
1.00.940.991.00.56-0.80.790.50.940.750.240.920.990.73-0.380.990.980.860.920.990.920.94-0.060.640.82
0.940.850.930.920.58-0.820.710.420.940.690.160.820.940.76-0.320.930.970.810.950.950.90.96-0.240.560.83
0.80.720.810.730.0-0.720.720.890.750.690.320.840.770.56-0.030.770.690.960.630.750.740.74-0.330.580.76
0.280.370.250.250.05-0.240.610.530.240.160.320.310.330.30.30.340.190.460.110.270.250.1-0.350.53-0.08
0.940.820.940.910.44-0.890.750.60.920.820.840.310.930.58-0.230.920.870.90.840.930.910.86-0.210.560.84
0.990.920.980.980.58-0.850.820.550.990.940.770.330.930.73-0.351.00.960.890.920.990.950.94-0.170.680.8
0.730.680.730.720.28-0.480.560.430.730.760.560.30.580.730.020.730.720.630.770.740.620.74-0.290.760.5
-0.33-0.33-0.33-0.38-0.560.32-0.210.2-0.38-0.32-0.030.3-0.23-0.350.02-0.35-0.4-0.08-0.38-0.34-0.39-0.31-0.41-0.04-0.34
0.990.950.980.990.56-0.830.840.560.990.930.770.340.921.00.73-0.350.970.890.90.980.940.93-0.110.70.78
0.980.930.970.980.58-0.780.770.440.980.970.690.190.870.960.72-0.40.970.820.930.970.890.93-0.080.590.8
0.90.840.90.850.2-0.790.840.840.860.810.960.460.90.890.63-0.080.890.820.740.870.830.82-0.340.630.76
0.910.780.910.90.6-0.840.640.330.920.950.630.110.840.920.77-0.380.90.930.740.930.870.91-0.230.60.81
0.990.90.980.980.59-0.840.760.490.990.950.750.270.930.990.74-0.340.980.970.870.930.950.96-0.160.60.84
0.920.810.910.90.67-0.920.710.460.920.90.740.250.910.950.62-0.390.940.890.830.870.950.94-0.220.540.85
0.930.830.930.920.57-0.840.650.450.940.960.740.10.860.940.74-0.310.930.930.820.910.960.94-0.190.530.86
-0.110.09-0.11-0.020.080.34-0.11-0.35-0.06-0.24-0.33-0.35-0.21-0.17-0.29-0.41-0.11-0.08-0.34-0.23-0.16-0.22-0.19-0.14-0.17
0.650.710.620.650.16-0.50.760.620.640.560.580.530.560.680.76-0.040.70.590.630.60.60.540.53-0.140.28
0.830.660.840.790.43-0.830.480.390.820.830.76-0.080.840.80.5-0.340.780.80.760.810.840.850.86-0.170.28
Click cells to compare fundamentals

First Majestic Account Relationship Matchups

First Majestic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B2.1B2.1B2.0B2.1B
Total Current Liabilities71.9M101.6M172.8M167.4M120.1M126.1M
Total Stockholder Equity662.3M850.2M1.4B1.4B1.4B1.4B
Property Plant And Equipment Net712.1M782.3M1.5B1.5B1.4B1.5B
Net Debt8.7M(65.3M)(16.8M)96.5M93.8M98.5M
Retained Earnings(361.6M)(338.9M)(347.8M)(468.9M)(609.9M)(579.4M)
Accounts Payable36.3M49.9M72.4M71.1M48.2M24.9M
Cash169.0M238.6M237.9M151.4M125.6M79.9M
Non Current Assets Total784.9M881.5M1.7B1.7B1.7B1.8B
Non Currrent Assets Other21.7M29.5M126.5M143.6M125.6M131.9M
Cash And Short Term Investments175.5M274.9M264.4M186.0M213.9M224.6M
Net Receivables33.9M45.9M54.3M41.2M10.1M9.6M
Common Stock Shares Outstanding201.6M215.9M244.7M263.1M287.1M301.5M
Liabilities And Stockholders Equity1.0B1.2B2.1B2.1B2.4B2.5B
Non Current Liabilities Total293.8M285.7M541.2M531.3M498.1M523.0M
Other Current Assets3.0M(1K)17.9M5.6M8.7M9.2M
Other Stockholder Equity90.7M102.0M98.9M(12.0M)(13.8M)(13.1M)
Total Liab365.6M387.3M714.0M698.7M618.2M649.1M
Property Plant And Equipment Gross712.1M782.3M2.1B2.5B2.0B2.1B
Total Current Assets243.0M356.0M397.2M370.3M309.1M324.5M
Accumulated Other Comprehensive Income90.7M102.0M98.9M98.9M113.8M119.4M
Other Assets57.9M1K200.8M188.3M216.5M227.3M
Inventory30.5M32.5M60.6M64.8M63.7M66.9M
Short Long Term Debt Total177.8M173.3M221.1M247.9M285.1M299.4M
Other Current Liab45.9M32.7M76.2M78.5M90.3M94.8M
Short Term Debt8.1M16.3M12.0M14.4M16.5M16.8M
Current Deferred Revenue4.5M2.7M12.2M3.4M3.9M2.9M
Short Term Investments6.5M36.3M26.5M34.5M62.4M65.5M
Common Stock Total Equity636.7M827.6M933.2M1.1B1.3B727.3M
Common Stock933.2M1.1B1.7B1.8B2.0B2.2B
Other Liab109.1M128.7M332.1M297.7M342.4M185.6M
Net Tangible Assets662.3M850.2M1.4B1.4B1.6B854.7M
Long Term Debt154.6M141.7M181.1M209.8M219.0M117.3M
Short Long Term Debt1.2M11.0M125K551K426K404.7K
Property Plant Equipment712.1M782.3M1.5B1.5B1.8B937.0M
Long Term Debt Total169.7M157.0M209.1M233.6M268.6M137.1M
Capital Lease Obligations21.9M20.6M39.9M37.6M36.7M24.7M
Non Current Liabilities Other4.7M5.4M5.8M5.7M5.6M4.7M
Net Invested Capital818.1M993.1M1.6B1.6B1.6B1.2B

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Additional Information and Resources on Investing in First Stock

When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic'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 First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic'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.