IShares Consumer Net Asset vs. Price To Book
| IYK Etf | USD 65.59 0.27 0.41% |
For IShares Consumer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares Consumer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares Consumer Staples utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares Consumer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares Consumer Staples over time as well as its relative position and ranking within its peers.
IShares |
The market value of iShares Consumer Staples is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Consumer's value that differs from its market value or its book value, called intrinsic value, which is IShares Consumer'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 IShares Consumer's market value can be influenced by many factors that don't directly affect IShares Consumer'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 IShares Consumer's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Consumer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Consumer'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.
iShares Consumer Staples Price To Book vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IShares Consumer's current stock value. Our valuation model uses many indicators to compare IShares Consumer value to that of its competitors to determine the firm's financial worth. iShares Consumer Staples is considered the top ETF in net asset as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs . The ratio of Net Asset to Price To Book for iShares Consumer Staples is about 353,233,831 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares Consumer by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.IShares Price To Book vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
IShares Consumer |
| = | 1.42 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
IShares Consumer |
| = | 4.02 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
IShares Price To Book Comparison
IShares Consumer is currently under evaluation in price to book as compared to similar ETFs.
IShares Consumer Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IShares Consumer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares Consumer will eventually generate negative long term returns. The profitability progress is the general direction of IShares Consumer's change in net profit over the period of time. It can combine multiple indicators of IShares Consumer, 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.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. US Consumer is traded on NYSEARCA Exchange in the United States.
IShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IShares Consumer. 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 IShares Consumer position where the market behavior may