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.
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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Based on latest financial disclosure the price to earning indicator of VanEck Vectors Biotech ETF is roughly 17.66 times. This is 114.84% higher than that of the Van Eck family, and significantly higher than that of Sector category, The Price to Earning for all etfs is 114.32% lower than the firm.
VanEck Vectors Biotech Fundamental Drivers Relationships3.74 of Price to Earning per Price to Sales.
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .