Putnam Global Income Fund Price To Earning
PGGDX Fund | USD 10.04 0.03 0.30% |
Putnam Global Income fundamentals help investors to digest information that contributes to Putnam Global's financial success or failures. It also enables traders to predict the movement of Putnam Mutual Fund. The fundamental analysis module provides a way to measure Putnam Global'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 Putnam Global mutual fund.
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Putnam Global Income Mutual Fund Price To Earning Analysis
Putnam Global'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.
Current Putnam Global Price To Earning | 13.14 X |
Most of Putnam Global's fundamental indicators, such as Price To Earning, 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, Putnam Global Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Putnam Global Income has a Price To Earning of 13.14 times. This is 3.87% higher than that of the Putnam family and significantly higher than that of the World Bond category. The price to earning for all United States funds is notably lower than that of the firm.
Putnam Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Putnam Global's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Putnam Global could also be used in its relative valuation, which is a method of valuing Putnam Global by comparing valuation metrics of similar companies.Putnam Global is currently under evaluation in price to earning among similar funds.
Putnam Fundamentals
Price To Earning | 13.14 X | ||||
Total Asset | 152.63 M | ||||
Annual Yield | 0 % | ||||
Year To Date Return | 2.40 % | ||||
One Year Return | 4.14 % | ||||
Three Year Return | (2.95) % | ||||
Five Year Return | (1.60) % | ||||
Ten Year Return | 3.63 % | ||||
Net Asset | 231.77 M | ||||
Last Dividend Paid | 0.02 | ||||
Cash Position Weight | (43.08) % | ||||
Bond Positions Weight | 35.40 % |
About Putnam Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Putnam Global Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam Global Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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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Putnam Global financial ratios help investors to determine whether Putnam Mutual Fund 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 Putnam with respect to the benefits of owning Putnam Global security.
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