Neungyule Education Stock Price To Earning

053290 Stock  KRW 4,485  660.00  17.25%   
Neungyule Education fundamentals help investors to digest information that contributes to Neungyule Education's financial success or failures. It also enables traders to predict the movement of Neungyule Stock. The fundamental analysis module provides a way to measure Neungyule Education's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Neungyule Education stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Neungyule Education Company Price To Earning Analysis

Neungyule Education'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.

P/E

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Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Neungyule Education Price To Earning

    
  10.86 X  
Most of Neungyule Education'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, Neungyule Education 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, Neungyule Education has a Price To Earning of 10.86 times. This is much higher than that of the Diversified Consumer Services sector and significantly higher than that of the Consumer Discretionary industry. The price to earning for all Republic of Korea stocks is notably lower than that of the firm.

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Neungyule Fundamentals

About Neungyule Education Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Neungyule Education's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Neungyule Education using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Neungyule Education based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Neungyule Education

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Neungyule Education position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Neungyule Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Neungyule Stock

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The ability to find closely correlated positions to Neungyule Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Neungyule Education when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Neungyule Education - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Neungyule Education to buy it.
The correlation of Neungyule Education is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Neungyule Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Neungyule Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Neungyule Education can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Neungyule Stock

Neungyule Education financial ratios help investors to determine whether Neungyule 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 Neungyule with respect to the benefits of owning Neungyule Education security.