Betashares Crude Oil Etf Price To Book
| OOO Etf | 5.33 0.08 1.52% |
BetaShares Crude Oil fundamentals help investors to digest information that contributes to BetaShares Crude's financial success or failures. It also enables traders to predict the movement of BetaShares Etf. The fundamental analysis module provides a way to measure BetaShares Crude'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 BetaShares Crude etf.
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BetaShares Crude Oil ETF Price To Book Analysis
BetaShares Crude's 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.
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.
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Based on the latest financial disclosure, BetaShares Crude Oil has a Price To Book 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 Commodities & Precious Metals (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).
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BetaShares Fundamentals
| Beta | 1.12 | |||
| Three Year Return | (1.40) % | |||
| Five Year Return | (21.10) % |
About BetaShares Crude Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BetaShares Crude Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BetaShares Crude using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BetaShares Crude Oil 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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Other Information on Investing in BetaShares Etf
BetaShares Crude financial ratios help investors to determine whether BetaShares 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 BetaShares with respect to the benefits of owning BetaShares Crude security.