PPG Industries Price To Sales vs. Shares Owned By Insiders
PPQ Stock | EUR 114.05 0.55 0.48% |
For PPG Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PPG Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PPG Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PPG Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PPG Industries over time as well as its relative position and ranking within its peers.
PPG |
PPG Industries Shares Owned By Insiders vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PPG Industries's current stock value. Our valuation model uses many indicators to compare PPG Industries value to that of its competitors to determine the firm's financial worth. PPG Industries is rated below average in price to sales category among its peers. It is rated below average in shares owned by insiders category among its peers making about 0.17 of Shares Owned By Insiders per Price To Sales. The ratio of Price To Sales to Shares Owned By Insiders for PPG Industries is roughly 5.91 . 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 PPG Industries' earnings, one of the primary drivers of an investment's value.PPG Shares Owned By Insiders 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.
PPG Industries |
| = | 1.60 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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
PPG Industries |
| = | 0.27 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
PPG Shares Owned By Insiders Comparison
PPG Industries is regarded fifth in shares owned by insiders category among its peers.
PPG Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PPG Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PPG Industries will eventually generate negative long term returns. The profitability progress is the general direction of PPG Industries' change in net profit over the period of time. It can combine multiple indicators of PPG Industries, 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.
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania. PPG IND operates under Specialty Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 47300 people.
PPG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PPG Industries. 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 PPG Industries 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 PPG Industries' important profitability drivers and their relationship over time.
Use PPG Industries 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 PPG Industries 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 PPG Industries will appreciate offsetting losses from the drop in the long position's value.PPG Industries Pair Trading
PPG Industries Pair Trading Analysis
The ability to find closely correlated positions to PPG Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PPG Industries 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 PPG Industries - 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 PPG Industries to buy it.
The correlation of PPG Industries 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 PPG Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PPG Industries 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 PPG Industries 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 PPG Industries position
In addition to having PPG Industries 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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Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 43 constituents at this time.
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Additional Information and Resources on Investing in PPG Stock
When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:Check out Your Equity Center. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
To fully project PPG Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PPG Industries 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 PPG Industries' income statement, its balance sheet, and the statement of cash flows.