Elcora Advanced Materials Stock Price To Earning

ECORFDelisted Stock  USD 0.09  0.08  900.00%   
Elcora Advanced Materials fundamentals help investors to digest information that contributes to Elcora Advanced's financial success or failures. It also enables traders to predict the movement of Elcora Pink Sheet. The fundamental analysis module provides a way to measure Elcora Advanced'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 Elcora Advanced pink sheet.
  
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Elcora Advanced Materials Company Price To Earning Analysis

Elcora Advanced'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

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Elcora Advanced Price To Earning

    
  2.29 X  
Most of Elcora Advanced'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, Elcora Advanced Materials 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, Elcora Advanced Materials has a Price To Earning of 2.29 times. This is 97.81% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to earning for all United States stocks is 92.03% higher than that of the company.

Elcora Price To Earning Peer Comparison

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

Elcora Fundamentals

About Elcora Advanced Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elcora Advanced Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elcora Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elcora Advanced Materials 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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Other Consideration for investing in Elcora Pink Sheet

If you are still planning to invest in Elcora Advanced Materials check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elcora Advanced's history and understand the potential risks before investing.
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