New Perspective Financial Statements From 2010 to 2024
| RNPCX Fund | USD 59.77 0.03 0.05% |
Check New Perspective financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . New financial statements analysis is a perfect complement when working with New Perspective Valuation or Volatility modules.
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New Perspective Fund Mutual Fund Price To Earning Analysis
New Perspective's 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.
Current New Perspective Price To Earning | 21.93 X |
Most of New Perspective's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Perspective Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, New Perspective Fund has a Price To Earning of 21.93 times. This is 383.04% higher than that of the American Funds family and significantly higher than that of the World Large-Stock Growth category. The price to earning for all United States funds is notably lower than that of the firm.
New Perspective Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Perspective's current stock value. Our valuation model uses many indicators to compare New Perspective value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Perspective competition to find correlations between indicators driving New Perspective's intrinsic value. More Info.New Perspective Fund is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for New Perspective Fund is roughly 6.87 . Comparative valuation analysis is a catch-all model that can be used if you cannot value New Perspective by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New Perspective's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 New Perspective's earnings, one of the primary drivers of an investment's value.About New Perspective Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include New Perspective income statement, its balance sheet, and the statement of cash flows. New Perspective investors use historical funamental indicators, such as New Perspective's revenue or net income, to determine how well the company is positioned to perform in the future. Although New Perspective investors may use each financial statement separately, they are all related. The changes in New Perspective's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New Perspective's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on New Perspective Financial Statements. Understanding these patterns can help to make the right decision on long term investment in New Perspective. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to take advantage of investment opportunities generated by changes in international trade patterns and economic and political relationships by investing in common stocks of companies located around the world. In pursuing its investment objective, it invests primarily in common stocks that the investment adviser believes have the potential for growth.
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Check out the analysis of New Perspective Correlation against competitors. Note that the New Perspective information on this page should be used as a complementary analysis to other New Perspective's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.