Tycoons Worldwide Price To Earning vs. Price To Sales
| 911622 Stock | TWD 4.99 0.06 1.19% |
For Tycoons Worldwide profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tycoons Worldwide to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tycoons Worldwide Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tycoons Worldwide's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tycoons Worldwide Group over time as well as its relative position and ranking within its peers.
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Tycoons Worldwide Price To Sales vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tycoons Worldwide's current stock value. Our valuation model uses many indicators to compare Tycoons Worldwide value to that of its competitors to determine the firm's financial worth. Tycoons Worldwide Group is number one stock in price to earning category among its peers. It is rated second in price to sales category among its peers . The ratio of Price To Earning to Price To Sales for Tycoons Worldwide Group is about 2,238 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tycoons Worldwide by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tycoons Worldwide's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Tycoons Price To Sales vs. Price To Earning
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.
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| = | 733.75 X |
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.
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.
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| = | 0.33 X |
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.
Tycoons Price To Sales Comparison
Tycoons Worldwide is currently under evaluation in price to sales category among its peers.
Tycoons Worldwide Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tycoons Worldwide, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tycoons Worldwide will eventually generate negative long term returns. The profitability progress is the general direction of Tycoons Worldwide's change in net profit over the period of time. It can combine multiple indicators of Tycoons Worldwide, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tycoons Worldwide Group Public Company Limited, together with its subsidiaries, manufactures, distributes, and exports steel wire rods, steel annealing wires, reinforced concrete bars, steel screws, and wire products in Thailand. Tycoons Worldwide Group Public Company Limited is a subsidiary of Tycoons Group International Co., Ltd. TYCOONS WORLDWIDE operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.
Tycoons Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tycoons Worldwide. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tycoons Worldwide position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tycoons Worldwide's important profitability drivers and their relationship over time.
Use Tycoons Worldwide in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tycoons Worldwide position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tycoons Worldwide will appreciate offsetting losses from the drop in the long position's value.Tycoons Worldwide Pair Trading
Tycoons Worldwide Group Pair Trading Analysis
The ability to find closely correlated positions to Tycoons Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tycoons Worldwide when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tycoons Worldwide - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tycoons Worldwide Group to buy it.
The correlation of Tycoons Worldwide is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tycoons Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tycoons Worldwide moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tycoons Worldwide can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Tycoons Worldwide position
In addition to having Tycoons Worldwide in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Tycoons Stock
To fully project Tycoons Worldwide's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tycoons Worldwide at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tycoons Worldwide's income statement, its balance sheet, and the statement of cash flows.