Xtrackers Harvest Financial Statements From 2010 to 2024
| ASHS Etf | USD 28.96 0.03 0.10% |
Check Xtrackers Harvest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xtrackers Harvest's main balance sheet or income statement drivers, such as , as well as many indicators such as . Xtrackers financial statements analysis is a perfect complement when working with Xtrackers Harvest Valuation or Volatility modules.
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Xtrackers Harvest CSI ETF Price To Earning Analysis
Xtrackers Harvest's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Xtrackers Harvest Price To Earning | 31.32 X |
Most of Xtrackers Harvest's fundamental indicators, such as Price To Earning, 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, Xtrackers Harvest CSI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Xtrackers Harvest CSI has a Price To Earning of 31.32 times. This is much higher than that of the Xtrackers family and significantly higher than that of the China Region category. The price to earning for all United States etfs is notably lower than that of the firm.
Xtrackers Harvest CSI Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers Harvest's current stock value. Our valuation model uses many indicators to compare Xtrackers Harvest value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xtrackers Harvest competition to find correlations between indicators driving Xtrackers Harvest's intrinsic value. More Info.Xtrackers Harvest CSI is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Xtrackers Harvest CSI is roughly 10.65 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Xtrackers Harvest by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Xtrackers Harvest Financial Statements
Xtrackers Harvest shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Xtrackers Harvest investors may analyze each financial statement separately, they are all interrelated. The changes in Xtrackers Harvest's assets and liabilities, for example, are also reflected in the revenues and expenses on on Xtrackers Harvest's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The index is designed to reflect the price fluctuation and performance of small-cap companies in the China A-Share market and is composed of the 500 smallest and most liquid stocks in the China A-Share market. Xt Harvest is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Xtrackers Harvest Correlation against competitors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of Xtrackers Harvest CSI is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Harvest's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Harvest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xtrackers Harvest's market value can be influenced by many factors that don't directly affect Xtrackers Harvest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xtrackers Harvest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Harvest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Harvest'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.