Graniteshares Platinum Trust Etf Price To Sales
| PLTM Etf | USD 9.35 0.09 0.97% |
GraniteShares Platinum Trust fundamentals help investors to digest information that contributes to GraniteShares Platinum's financial success or failures. It also enables traders to predict the movement of GraniteShares Etf. The fundamental analysis module provides a way to measure GraniteShares Platinum'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 GraniteShares Platinum etf.
GraniteShares |
GraniteShares Platinum Trust ETF Price To Sales Analysis
GraniteShares Platinum'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.
Current GraniteShares Platinum Price To Sales | 0.84 X |
Most of GraniteShares Platinum's fundamental indicators, such as Price To Sales, 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, GraniteShares Platinum Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, GraniteShares Platinum Trust has a Price To Sales of 0.84 times. This is much higher than that of the Graniteshares family and significantly higher than that of the Commodities Focused category. The price to sales for all United States etfs is notably lower than that of the firm.
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GraniteShares Fundamentals
| Price To Earning | 14.95 X | |||
| Price To Book | 0.55 X | |||
| Price To Sales | 0.84 X | |||
| Number Of Employees | 618 | |||
| Beta | 0.29 | |||
| Total Asset | 39.67 M | |||
| One Year Return | 2.00 % | |||
| Three Year Return | (0.50) % | |||
| Five Year Return | (0.60) % | |||
| Net Asset | 39.67 M |
About GraniteShares Platinum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GraniteShares Platinum Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GraniteShares Platinum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GraniteShares Platinum 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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The market value of GraniteShares Platinum is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Platinum's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Platinum'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 GraniteShares Platinum's market value can be influenced by many factors that don't directly affect GraniteShares Platinum'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 GraniteShares Platinum's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Platinum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Platinum'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.