Ishares Trust Etf Price To Earning
| ITDD Etf | USD 30.71 0.22 0.71% |
iShares Trust fundamentals help investors to digest information that contributes to IShares Trust's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Trust'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 IShares Trust etf.
IShares |
iShares Trust ETF Price To Earning Analysis
IShares Trust'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.
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, iShares Trust has a Price To Earning of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Target-Date 2040 (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
IShares Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Trust's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Trust could also be used in its relative valuation, which is a method of valuing IShares Trust by comparing valuation metrics of similar companies.IShares Trust is currently under evaluation in price to earning as compared to similar ETFs.
IShares Fundamentals
| Current Valuation | (6.9 M) | |||
| Shares Outstanding | 9.53 M | |||
| Price To Book | 0.01 X | |||
| Price To Sales | 0.95 X | |||
| Revenue | 1 K | |||
| Gross Profit | (22 K) | |||
| EBITDA | (269.25 K) | |||
| Net Income | 9.97 M | |||
| Cash And Equivalents | 6.9 M | |||
| Cash Per Share | 0.73 X | |||
| Current Ratio | 22.34 X | |||
| Book Value Per Share | 2.43 X | |||
| Cash Flow From Operations | (102 K) | |||
| Earnings Per Share | 1.26 X | |||
| Market Capitalization | 951 | |||
| Total Asset | 22.48 M | |||
| Retained Earnings | (272.38 M) | |||
| Working Capital | 7.53 M | |||
| Current Asset | 7.88 M | |||
| Current Liabilities | 353 K | |||
| One Year Return | 14.90 % |
About IShares Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares 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.
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.When determining whether iShares Trust is a strong investment it is important to analyze IShares Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Trust's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out IShares Trust Piotroski F Score and IShares Trust Altman Z Score analysis. For information on how to trade IShares Etf refer to our How to Trade IShares Etf guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of iShares Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Trust's value that differs from its market value or its book value, called intrinsic value, which is IShares Trust'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 IShares Trust's market value can be influenced by many factors that don't directly affect IShares Trust'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 IShares Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Trust'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.