Oil Equipment Financial Statements From 2010 to 2024
| OEPSX Fund | USD 77.43 1.24 1.58% |
Check Oil Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oil Equipment's main balance sheet or income statement drivers, such as , as well as many indicators such as . Oil financial statements analysis is a perfect complement when working with Oil Equipment Valuation or Volatility modules.
Oil |
Oil Equipment Services Mutual Fund Price To Earning Analysis
Oil Equipment'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 Oil Equipment Price To Earning | 24.34 X |
Most of Oil Equipment'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, Oil Equipment Services 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 |
Oil Equipment Price To Earning Component Assessment
Based on the latest financial disclosure, Oil Equipment Services has a Price To Earning of 24.34 times. This is 3.4% higher than that of the ProFunds family and 10.99% higher than that of the Family category. The price to earning for all United States funds is notably lower than that of the firm.
Oil Equipment Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oil Equipment's current stock value. Our valuation model uses many indicators to compare Oil Equipment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oil Equipment competition to find correlations between indicators driving Oil Equipment's intrinsic value. More Info.Oil Equipment Services is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oil Equipment Services is roughly 16.12 . 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 Oil Equipment's earnings, one of the primary drivers of an investment's value.About Oil Equipment Financial Statements
Oil Equipment investors use historical fundamental indicators, such as Oil Equipment's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Oil Equipment. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the oil gas equipment services segment of the SP Total Market Index, which comprises the following sub-industries oil gas drilling and oil gas equipment services. It is non-diversified.
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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 Oil Mutual Fund
Oil Equipment financial ratios help investors to determine whether Oil Mutual Fund 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 Oil with respect to the benefits of owning Oil Equipment security.
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