SPDR SP Price To Earning vs.
VLU Etf | USD 185.19 1.53 0.83% |
For SPDR SP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SPDR SP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SPDR SP 1500 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SPDR SP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SPDR SP 1500 over time as well as its relative position and ranking within its peers.
SPDR |
The market value of SPDR SP 1500 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.