Consumer Discretionary Financial Statements From 2010 to 2025
| XLY Etf | USD 197.01 0.31 0.16% |
Check Consumer Discretionary financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Consumer Discretionary's main balance sheet or income statement drivers, such as , as well as many indicators such as . Consumer financial statements analysis is a perfect complement when working with Consumer Discretionary Valuation or Volatility modules.
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Consumer Discretionary Select ETF Price To Earning Analysis
Consumer Discretionary'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 Consumer Discretionary Price To Earning | 2.20 X |
Most of Consumer Discretionary'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, Consumer Discretionary Select 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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Consumer Discretionary Price To Earning Component Assessment
Based on the latest financial disclosure, Consumer Discretionary Select has a Price To Earning of 2.2 times. This is 67.65% lower than that of the Category family and 71.63% lower than that of the Consumer Cyclical category. The price to earning for all United States etfs is 30.16% higher than that of the company.
Consumer Discretionary Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Consumer Discretionary's current stock value. Our valuation model uses many indicators to compare Consumer Discretionary value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Consumer Discretionary competition to find correlations between indicators driving Consumer Discretionary's intrinsic value. More Info.Consumer Discretionary Select is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 2.17 of Price To Book per Price To Earning. 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 Consumer Discretionary's earnings, one of the primary drivers of an investment's value.About Consumer Discretionary Financial Statements
Consumer Discretionary investors use historical fundamental indicators, such as Consumer Discretionary'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 Consumer Discretionary. Please read more on our technical analysis and fundamental analysis pages.
The fund generally invests substantially all, but at least 95, of its total assets in the securities comprising the index. SP 500 is traded on NYSEARCA Exchange in the United States.
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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.When determining whether Consumer Discretionary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Consumer Discretionary's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Consumer Discretionary Select Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Consumer Discretionary Select Etf:Check out the analysis of Consumer Discretionary Correlation against competitors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Consumer Discretionary is measured differently than its book value, which is the value of Consumer that is recorded on the company's balance sheet. Investors also form their own opinion of Consumer Discretionary's value that differs from its market value or its book value, called intrinsic value, which is Consumer Discretionary'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 Consumer Discretionary's market value can be influenced by many factors that don't directly affect Consumer Discretionary'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 Consumer Discretionary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Discretionary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Discretionary'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.