Bank Of Montreal Stock Price To Earnings To Growth
| BMO Stock | CAD 143.21 0.68 0.48% |
Bank of Montreal fundamentals help investors to digest information that contributes to Bank of Montreal's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Montreal'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 Bank of Montreal stock.
Bank |
Bank of Montreal Company Price To Earnings To Growth Analysis
Bank of Montreal's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Bank of Montreal Price To Earnings To Growth | 1.39 X |
Most of Bank of Montreal's fundamental indicators, such as Price To Earnings To Growth, 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, Bank of Montreal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Bank of Montreal has a Price To Earnings To Growth of 1.3851 times. This is 146.48% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to earnings to growth for all Canada stocks is 71.67% higher than that of the company.
Bank Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of Montreal's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank of Montreal could also be used in its relative valuation, which is a method of valuing Bank of Montreal by comparing valuation metrics of similar companies.Bank of Montreal is currently under evaluation in price to earnings to growth category among its peers.
Bank Fundamentals
| Return On Equity | 0.0914 | ||||
| Return On Asset | 0.0053 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.44 % | ||||
| Current Valuation | 10.24 B | ||||
| Shares Outstanding | 729.95 M | ||||
| Shares Owned By Insiders | 0.09 % | ||||
| Shares Owned By Institutions | 55.67 % | ||||
| Number Of Shares Shorted | 12.22 M | ||||
| Price To Earning | 12.58 X | ||||
| Price To Book | 1.27 X | ||||
| Price To Sales | 3.60 X | ||||
| Revenue | 32.04 B | ||||
| Gross Profit | 29.03 B | ||||
| EBITDA | 7.71 B | ||||
| Net Income | 7.32 B | ||||
| Cash And Equivalents | 331.58 B | ||||
| Cash Per Share | 515.83 X | ||||
| Total Debt | 106.84 B | ||||
| Debt To Equity | 0.10 % | ||||
| Book Value Per Share | 112.67 X | ||||
| Cash Flow From Operations | 29.03 B | ||||
| Short Ratio | 4.06 X | ||||
| Earnings Per Share | 9.51 X | ||||
| Price To Earnings To Growth | 1.39 X | ||||
| Target Price | 147.13 | ||||
| Number Of Employees | 53.6 K | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 104.54 B | ||||
| Total Asset | 1.41 T | ||||
| Retained Earnings | 46.47 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 4.10 % | ||||
| Net Asset | 1.41 T | ||||
| Last Dividend Paid | 6.12 |
About Bank of Montreal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of Montreal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Montreal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of Montreal 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 Bank of Montreal
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 Bank of Montreal 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 Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
Moving against Bank Stock
The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal 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 Bank of Montreal - 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 Bank of Montreal to buy it.
The correlation of Bank of Montreal 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 Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal 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 Bank of Montreal 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.