Hsin Kao Gas Stock Price To Earning

9931 Stock  TWD 35.65  0.10  0.28%   
Hsin Kao Gas fundamentals help investors to digest information that contributes to Hsin Kao's financial success or failures. It also enables traders to predict the movement of Hsin Stock. The fundamental analysis module provides a way to measure Hsin Kao'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 Hsin Kao stock.
  
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Hsin Kao Gas Company Price To Earning Analysis

Hsin Kao'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 Hsin Kao Price To Earning

    
  17.07 X  
Most of Hsin Kao'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, Hsin Kao Gas 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, Hsin Kao Gas has a Price To Earning of 17.07 times. This is 43.48% lower than that of the Gas Utilities sector and 24.7% lower than that of the Utilities industry. The price to earning for all Taiwan stocks is 40.56% higher than that of the company.

Hsin Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hsin Kao's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hsin Kao could also be used in its relative valuation, which is a method of valuing Hsin Kao by comparing valuation metrics of similar companies.
Hsin Kao is currently under evaluation in price to earning category among its peers.

Hsin Fundamentals

About Hsin Kao Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hsin Kao Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hsin Kao using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hsin Kao Gas 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.

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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.

Additional Tools for Hsin Stock Analysis

When running Hsin Kao's price analysis, check to measure Hsin Kao's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hsin Kao is operating at the current time. Most of Hsin Kao's value examination focuses on studying past and present price action to predict the probability of Hsin Kao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hsin Kao's price. Additionally, you may evaluate how the addition of Hsin Kao to your portfolios can decrease your overall portfolio volatility.