Virtus Financial Statements From 2010 to 2024
| NCV-PA Preferred Stock | USD 22.10 0.01 0.05% |
Check Virtus AllianzGI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus AllianzGI's main balance sheet or income statement drivers, such as , as well as many indicators such as . Virtus financial statements analysis is a perfect complement when working with Virtus AllianzGI Valuation or Volatility modules.
Virtus |
Virtus AllianzGI Convertible Company Price To Earning Analysis
Virtus AllianzGI'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 Virtus AllianzGI Price To Earning | 73.92 X |
Most of Virtus AllianzGI'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, Virtus AllianzGI Convertible 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.
| Competition |
Based on the latest financial disclosure, Virtus AllianzGI Convertible has a Price To Earning of 73 times. This is 304.38% higher than that of the Financial Services sector and notably higher than that of the Asset Management industry. The price to earning for all United States preferred stocks is 157.38% lower than that of the firm.
Virtus AllianzGI Con Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus AllianzGI's current stock value. Our valuation model uses many indicators to compare Virtus AllianzGI value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus AllianzGI competition to find correlations between indicators driving Virtus AllianzGI's intrinsic value. More Info.Virtus AllianzGI Convertible is considered to be number one stock in price to earning category among its peers. It is regarded third in price to sales category among its peers fabricating about 0.20 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Virtus AllianzGI Convertible is roughly 4.91 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Virtus AllianzGI by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Virtus AllianzGI's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Virtus AllianzGI Financial Statements
Virtus AllianzGI stakeholders use historical fundamental indicators, such as Virtus AllianzGI's revenue or net income, to determine how well the company is positioned to perform in the future. Although Virtus AllianzGI investors may analyze each financial statement separately, they are all interrelated. For example, changes in Virtus AllianzGI's assets and liabilities are reflected in the revenues and expenses on Virtus AllianzGI's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Virtus AllianzGI Convertible. Please read more on our technical analysis and fundamental analysis pages.
AllianzGI Convertible Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. AllianzGI Convertible Income Fund was formed on March 31, 2003 and is domiciled in the United States. AllianzGI Convertible is traded on NYQ Exchange in the United States.
Also Currently Popular
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 Virtus Preferred Stock
Virtus AllianzGI financial ratios help investors to determine whether Virtus Preferred Stock 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 Virtus with respect to the benefits of owning Virtus AllianzGI security.