The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Price to Earning AnalysisPrice to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investor monitor on a daily basis. Holding a low PE stock is less risky because. When a company's profitability fall, it is likely that earnings will also go down..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.
Distress Driver Correlations
Price to Earning Over Time Pattern
About Price to EarningGenerally 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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Alcoa Price to Earning Assessment
Based on latest financial disclosure the price to earning indicator of Alcoa Corporation is roughly 49.21 times. This is 10.3% lower than that of the Basic Materials sector, and significantly higher than that of Non-ferrous Metals Production And Products industry, The Price to Earning for all stocks is 20.94% lower than the firm.