ProShares Russell Financial Statements From 2010 to 2024
| SMDV Etf | USD 74.81 0.08 0.11% |
Check ProShares Russell financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Russell's main balance sheet or income statement drivers, such as , as well as many indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares Russell Valuation or Volatility modules.
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ProShares Russell 2000 ETF Price To Earning Analysis
ProShares Russell'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 ProShares Russell Price To Earning | 22.91 X |
Most of ProShares Russell'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, ProShares Russell 2000 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, ProShares Russell 2000 has a Price To Earning of 22.91 times. This is 315.04% higher than that of the ProShares family and significantly higher than that of the Small Value category. The price to earning for all United States etfs is notably lower than that of the firm.
ProShares Russell 2000 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Russell's current stock value. Our valuation model uses many indicators to compare ProShares Russell value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Russell competition to find correlations between indicators driving ProShares Russell's intrinsic value. More Info.ProShares Russell 2000 is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one 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 ProShares Russell 2000 is roughly 10.56 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProShares Russell 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 ProShares Russell Financial Statements
ProShares Russell investors use historical fundamental indicators, such as ProShares Russell'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 ProShares Russell. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund will invest at least 80 percent of its total assets in component securities of the index. Russell 2000 is traded on BATS Exchange in the United States.
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Check out the analysis of ProShares Russell Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of ProShares Russell 2000 is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Russell's value that differs from its market value or its book value, called intrinsic value, which is ProShares Russell'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 ProShares Russell's market value can be influenced by many factors that don't directly affect ProShares Russell'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 ProShares Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Russell'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.