Ecclesiastical Insurance Price To Sales vs. Revenue
| ELLA Stock | 132.00 0.00 0.00% |
For Ecclesiastical Insurance profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ecclesiastical Insurance to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ecclesiastical Insurance Office utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ecclesiastical Insurance's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ecclesiastical Insurance Office over time as well as its relative position and ranking within its peers.
Ecclesiastical |
Ecclesiastical Insurance Revenue vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ecclesiastical Insurance's current stock value. Our valuation model uses many indicators to compare Ecclesiastical Insurance value to that of its competitors to determine the firm's financial worth. Ecclesiastical Insurance Office is one of the top stocks in price to sales category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about 842,452,539 of Revenue per Price To Sales. At this time, Ecclesiastical Insurance's Total Revenue is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ecclesiastical Insurance's earnings, one of the primary drivers of an investment's value.Ecclesiastical Revenue vs. Price To Sales
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.
Ecclesiastical Insurance |
| = | 0.65 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ecclesiastical Insurance |
| = | 550.37 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Ecclesiastical Revenue vs Competition
Ecclesiastical Insurance Office is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Financials industry is currently estimated at about 4.76 Billion. Ecclesiastical Insurance retains roughly 550.37 Million in revenue claiming about 12% of equities under Financials industry.
Ecclesiastical Insurance Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ecclesiastical Insurance, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ecclesiastical Insurance will eventually generate negative long term returns. The profitability progress is the general direction of Ecclesiastical Insurance's change in net profit over the period of time. It can combine multiple indicators of Ecclesiastical Insurance, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 16.3 M | 17.1 M | |
| Operating Income | 46.1 M | 43.8 M | |
| Income Before Tax | 34.1 M | 29.4 M | |
| Total Other Income Expense Net | -12.1 M | -11.5 M | |
| Net Income | 14 M | 23 M | |
| Income Tax Expense | 8 M | 5.2 M | |
| Net Income From Continuing Ops | 71.1 M | 52.4 M | |
| Net Income Applicable To Common Shares | 2.5 M | 2.4 M | |
| Change To Netincome | 20.5 M | 21.5 M |
Ecclesiastical Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ecclesiastical Insurance. 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 Ecclesiastical Insurance 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 Ecclesiastical Insurance's important profitability drivers and their relationship over time.
Use Ecclesiastical Insurance 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 Ecclesiastical Insurance 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 Ecclesiastical Insurance will appreciate offsetting losses from the drop in the long position's value.Ecclesiastical Insurance Pair Trading
Ecclesiastical Insurance Office Pair Trading Analysis
The ability to find closely correlated positions to Ecclesiastical Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecclesiastical Insurance 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 Ecclesiastical Insurance - 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 Ecclesiastical Insurance Office to buy it.
The correlation of Ecclesiastical Insurance 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 Ecclesiastical Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecclesiastical Insurance 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 Ecclesiastical Insurance 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 Ecclesiastical Insurance position
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Additional Tools for Ecclesiastical Stock Analysis
When running Ecclesiastical Insurance's price analysis, check to measure Ecclesiastical Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ecclesiastical Insurance is operating at the current time. Most of Ecclesiastical Insurance's value examination focuses on studying past and present price action to predict the probability of Ecclesiastical Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecclesiastical Insurance's price. Additionally, you may evaluate how the addition of Ecclesiastical Insurance to your portfolios can decrease your overall portfolio volatility.