PICC Property Revenue vs. Price To Earning
| PJC Stock | EUR 1.41 0.01 0.70% |
For PICC Property profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PICC Property to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PICC Property and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PICC Property's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PICC Property and over time as well as its relative position and ranking within its peers.
PICC |
PICC Property Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PICC Property's current stock value. Our valuation model uses many indicators to compare PICC Property value to that of its competitors to determine the firm's financial worth. PICC Property and is rated top company in revenue category among its peers. It also is considered to be number one stock in price to earning category among its peers . The ratio of Revenue to Price To Earning for PICC Property and is about 53,644,287,548 . 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 PICC Property's earnings, one of the primary drivers of an investment's value.PICC Revenue vs. Competition
PICC Property and is rated top company in revenue category among its peers. Market size based on revenue of Insurance - Property & Casualty industry is at this time estimated at about 425.54 Billion. PICC Property totals roughly 417.89 Billion in revenue claiming about 98% of equities under Insurance - Property & Casualty industry.
PICC Price To Earning vs. Revenue
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.
PICC Property |
| = | 417.89 B |
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.
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.
PICC Property |
| = | 7.79 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.
PICC Price To Earning Comparison
PICC Property is currently under evaluation in price to earning category among its peers.
PICC Property Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PICC Property, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PICC Property will eventually generate negative long term returns. The profitability progress is the general direction of PICC Property's change in net profit over the period of time. It can combine multiple indicators of PICC Property, 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.
PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insurance company in the Peoples Republic of China. PICC Property and Casualty Company Limited is a subsidiary of The Peoples Insurance Company of China Limited. PICC PROPERTYCASU is traded on Frankfurt Stock Exchange in Germany.
PICC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PICC Property. 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 PICC Property 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 PICC Property's important profitability drivers and their relationship over time.
Use PICC Property 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 PICC Property 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 PICC Property will appreciate offsetting losses from the drop in the long position's value.PICC Property Pair Trading
PICC Property and Pair Trading Analysis
The ability to find closely correlated positions to PICC Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PICC Property 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 PICC Property - 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 PICC Property and to buy it.
The correlation of PICC Property 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 PICC Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PICC Property 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 PICC Property 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 PICC Property position
In addition to having PICC Property 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 PICC Stock
To fully project PICC Property's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PICC Property 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 PICC Property's income statement, its balance sheet, and the statement of cash flows.