Proshares Trust Etf Fundamentals
| BITI Etf | USD 23.36 1.57 6.30% |
ProShares Trust fundamentals help investors to digest information that contributes to ProShares Trust's financial success or failures. It also enables traders to predict the movement of ProShares Etf. The fundamental analysis module provides a way to measure ProShares Trust'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 ProShares Trust etf.
ProShares |
ProShares Trust ETF Price To Earning Analysis
ProShares Trust'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 Trust Price To Earning | (4.13) X |
Most of ProShares Trust'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 Trust 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, ProShares Trust has a Price To Earning of -4.13 times. This is much lower than that of the family and significantly lower than that of the Trading--Miscellaneous category. The price to earning for all United States etfs is notably higher than that of the company.
ProShares Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Trust's current stock value. Our valuation model uses many indicators to compare ProShares Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Trust competition to find correlations between indicators driving ProShares Trust's intrinsic value. More Info.ProShares Trust is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs . 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 ProShares Trust's earnings, one of the primary drivers of an investment's value.Did you try this?
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ProShares Fundamentals
| Return On Asset | -0.24 | |||
| Profit Margin | (7.58) % | |||
| Operating Margin | (7.40) % | |||
| Current Valuation | 190.18 M | |||
| Shares Outstanding | 978.25 M | |||
| Number Of Shares Shorted | 4.52 K | |||
| Price To Earning | (4.13) X | |||
| Price To Book | 252.86 X | |||
| Price To Sales | 79.98 X | |||
| Revenue | 3.74 M | |||
| Gross Profit | 3.74 M | |||
| Net Income | (28.32 M) | |||
| Cash And Equivalents | 46.76 M | |||
| Cash Per Share | 6.23 X | |||
| Total Debt | 20.69 M | |||
| Debt To Equity | 0.22 % | |||
| Current Ratio | 11.16 X | |||
| Cash Flow From Operations | (30.26 M) | |||
| Earnings Per Share | (0.05) X | |||
| Number Of Employees | 39 | |||
| Market Capitalization | 175.47 M | |||
| Total Asset | 143.7 M | |||
| Retained Earnings | (182.52 M) | |||
| Working Capital | 75.07 M | |||
| Current Asset | 80.06 M | |||
| Current Liabilities | 4.99 M | |||
| One Year Return | (65.10) % |
About ProShares Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Trust 's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.Biotie Therapies Corporation, a biopharmaceutical company, primarily focuses on developing and selling therapeutics for central nervous system disorders in Finland and the United States.
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When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust'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 Proshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:Check out ProShares Trust Piotroski F Score and ProShares Trust Altman Z Score analysis. For more detail on how to invest in ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.