The Shyft Group Stock Price To Earning

SP8 Stock  EUR 11.30  0.50  4.63%   
The Shyft Group fundamentals help investors to digest information that contributes to Shyft's financial success or failures. It also enables traders to predict the movement of Shyft Stock. The fundamental analysis module provides a way to measure Shyft'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 Shyft stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

The Shyft Group Company Price To Earning Analysis

Shyft'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

Current Shyft Price To Earning

    
  32.52 X  
Most of Shyft'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, The Shyft Group 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, The Shyft Group has a Price To Earning of 32.52 times. This is 64.33% higher than that of the Industrials sector and 95.9% higher than that of the Truck Manufacturing industry. The price to earning for all Germany stocks is 13.23% lower than that of the firm.

Shyft Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shyft's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shyft could also be used in its relative valuation, which is a method of valuing Shyft by comparing valuation metrics of similar companies.
Shyft is currently under evaluation in price to earning category among its peers.

Shyft Fundamentals

About Shyft Fundamental Analysis

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

Other Information on Investing in Shyft Stock

Shyft financial ratios help investors to determine whether Shyft Stock 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 Shyft with respect to the benefits of owning Shyft security.