IShares SMI Financial Statements From 2010 to 2024
| CSSMI Etf | CHF 121.30 0.22 0.18% |
Check IShares SMI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares SMI's main balance sheet or income statement drivers, such as , as well as many indicators such as . IShares financial statements analysis is a perfect complement when working with IShares SMI Valuation or Volatility modules.
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iShares SMI ETF ETF Price To Earning Analysis
IShares SMI'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 IShares SMI Price To Earning | 20.50 X |
Most of IShares SMI'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, iShares SMI ETF 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, iShares SMI ETF has a Price To Earning of 20.5 times. This is much higher than that of the BlackRock Asset Management Schweiz AG – ETF family and significantly higher than that of the Price To Earning category. The price to earning for all Switzerland etfs is notably lower than that of the firm.
iShares SMI ETF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares SMI's current stock value. Our valuation model uses many indicators to compare IShares SMI value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares SMI competition to find correlations between indicators driving IShares SMI's intrinsic value. More Info.iShares SMI ETF 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 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares SMI ETF is roughly 8.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IShares SMI's earnings, one of the primary drivers of an investment's value.About IShares SMI Financial Statements
IShares SMI 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 IShares SMI investors may analyze each financial statement separately, they are all interrelated. The changes in IShares SMI's assets and liabilities, for example, are also reflected in the revenues and expenses on on IShares SMI's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
ISh SMI is traded on Switzerland Exchange in Switzerland.
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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.Other Information on Investing in IShares Etf
IShares SMI financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares SMI security.