Goldman Sachs Etf Price To Book
Goldman Sachs fundamentals help investors to digest information that contributes to Goldman Sachs' financial success or failures. It also enables traders to predict the movement of Goldman Etf. The fundamental analysis module provides a way to measure Goldman Sachs' 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 Goldman Sachs etf.
Goldman |
Goldman Sachs ETF Price To Book Analysis
Goldman Sachs' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Goldman Sachs Price To Book | 9.60 X |
Most of Goldman Sachs' fundamental indicators, such as Price To Book, 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, Goldman Sachs is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Goldman Sachs has a Price To Book of 9.6 times. This is much higher than that of the family and significantly higher than that of the Price To Book category. The price to book for all United States etfs is notably lower than that of the firm.
Goldman Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goldman Sachs' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Goldman Sachs could also be used in its relative valuation, which is a method of valuing Goldman Sachs by comparing valuation metrics of similar companies.Goldman Sachs is currently under evaluation in price to book as compared to similar ETFs.
Goldman Fundamentals
| Return On Asset | -1.82 | |||
| Current Valuation | 78.75 M | |||
| Shares Outstanding | 8.75 M | |||
| Shares Owned By Insiders | 28.31 % | |||
| Shares Owned By Institutions | 59.70 % | |||
| Number Of Shares Shorted | 2.1 K | |||
| Price To Book | 9.60 X | |||
| Net Income | (3.58 M) | |||
| Cash And Equivalents | 5.81 M | |||
| Cash Per Share | 0.36 X | |||
| Total Debt | 2.61 M | |||
| Debt To Equity | 0.52 % | |||
| Current Ratio | 0.12 X | |||
| Cash Flow From Operations | (1.83 M) | |||
| Earnings Per Share | (0.71) X | |||
| Beta | 0.54 | |||
| Market Capitalization | 45.93 M | |||
| Total Asset | 64.16 M | |||
| Retained Earnings | (6.74 M) | |||
| Working Capital | (6.17 M) | |||
| Current Asset | 246 K | |||
| Current Liabilities | 6.42 M |
Currently Active Assets on Macroaxis
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Tools for Goldman Etf
When running Goldman Sachs' price analysis, check to measure Goldman Sachs' 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 Goldman Sachs is operating at the current time. Most of Goldman Sachs' value examination focuses on studying past and present price action to predict the probability of Goldman Sachs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldman Sachs' price. Additionally, you may evaluate how the addition of Goldman Sachs to your portfolios can decrease your overall portfolio volatility.
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