Elektro Redes Sa Preferred Stock Price To Earning

EKTR4 Preferred Stock  BRL 51.00  3.14  6.56%   
Elektro Redes SA fundamentals help investors to digest information that contributes to Elektro Redes' financial success or failures. It also enables traders to predict the movement of Elektro Preferred Stock. The fundamental analysis module provides a way to measure Elektro Redes' 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 Elektro Redes preferred 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.

Elektro Redes SA Company Price To Earning Analysis

Elektro Redes' 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 Elektro Redes Price To Earning

    
  9.59 X  
Most of Elektro Redes' 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, Elektro Redes SA 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, Elektro Redes SA has a Price To Earning of 9.59 times. This is 68.25% lower than that of the Electric Utilities sector and 72.07% lower than that of the Utilities industry. The price to earning for all Brazil preferred stocks is 66.61% higher than that of the company.

Elektro Price To Earning Peer Comparison

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

Elektro Fundamentals

About Elektro Redes Fundamental Analysis

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

Also Currently Popular

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 Elektro Preferred Stock Analysis

When running Elektro Redes' price analysis, check to measure Elektro Redes' 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 Elektro Redes is operating at the current time. Most of Elektro Redes' value examination focuses on studying past and present price action to predict the probability of Elektro Redes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elektro Redes' price. Additionally, you may evaluate how the addition of Elektro Redes to your portfolios can decrease your overall portfolio volatility.