Ess Tech Stock Price To Earning

GWH Stock  USD 6.26  0.17  2.79%   
ESS Tech fundamentals help investors to digest information that contributes to ESS Tech's financial success or failures. It also enables traders to predict the movement of ESS Stock. The fundamental analysis module provides a way to measure ESS Tech'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 ESS Tech stock.
  
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ESS Tech Company Price To Earning Analysis

ESS Tech'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

ESS Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for ESS Tech is extremely important. It helps to project a fair market value of ESS Stock properly, considering its historical fundamentals such as Price To Earning. Since ESS Tech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ESS Tech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ESS Tech's interrelated accounts and indicators.
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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

ESS Retained Earnings

Retained Earnings

(661.35 Million)

As of now, ESS Tech's Retained Earnings are decreasing as compared to previous years.
Based on the latest financial disclosure, ESS Tech has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Electrical Equipment sector and about the same as Industrials (which currently averages 0.0) industry. The price to earning for all United States stocks is 100.0% higher than that of the company.

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ESS Tech ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ESS Tech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ESS Tech's managers, analysts, and investors.
Environmental
Governance
Social

ESS Fundamentals

About ESS Tech Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether ESS Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESS Tech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ess Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ess Tech Stock:
Check out ESS Tech Piotroski F Score and ESS Tech Altman Z Score analysis.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESS Tech. If investors know ESS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.62)
Revenue Per Share
0.654
Quarterly Revenue Growth
(0.88)
Return On Assets
(0.42)
Return On Equity
(0.88)
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.