Spdr Gold Trust Etf Price To Sales
GLD Etf | MXN 4,909 22.28 0.46% |
SPDR Gold Trust fundamentals help investors to digest information that contributes to SPDR Gold's financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR Gold'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 SPDR Gold etf.
SPDR |
SPDR Gold Trust ETF Price To Sales Analysis
SPDR Gold's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, SPDR Gold Trust has a Price To Sales of 0.0 times. This is 100.0% lower than that of the SPDR State Street Global Advisors family and about the same as Price To Sales (which currently averages 0.0) category. The price to sales for all Mexico etfs is 100.0% higher than that of the company.
SPDR Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Gold's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Gold could also be used in its relative valuation, which is a method of valuing SPDR Gold by comparing valuation metrics of similar companies.SPDR Gold is currently under evaluation in price to sales as compared to similar ETFs.
SPDR Fundamentals
Price To Earning | 90.93 X | |||
Earnings Per Share | 4.04 X | |||
Market Capitalization | 885.2 B | |||
Total Asset | 63.71 B | |||
One Year Return | 9.50 % | |||
Three Year Return | 13.16 % | |||
Five Year Return | 7.65 % | |||
Ten Year Return | 1.77 % | |||
Net Asset | 63.71 B |
About SPDR Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Gold Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Gold 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.
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SPDR Gold financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR Gold security.