Virtus LifeSci Selected Fundamentals

BBP -- USA Etf  

USD 46.33  0.20  0.44%

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Price to Earning Analysis

Price 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.
Virtus LifeSci 
Market Value Per Share 
Earnings Per Share 
18.03 times

About Price to Earning

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.
Compare to competition
Based on latest financial disclosure the price to earning indicator of Virtus LifeSci Biotech Products ETF is roughly 18.03 times. This is much higher than that of the BioShares family, and significantly higher than that of Sector category, The Price to Earning for all etfs is over 1000% lower than the firm.

Virtus LifeSci Biotech Fundamental Drivers Relationships

Virtus LifeSci Biotech Products ETF is rated below average in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about  0.09  of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for Virtus LifeSci Biotech Products ETF is roughly  10.86 

Peer Comparison

Virtus LifeSci Price to Book Comparison
  Price to Book 
      Virtus LifeSci Comparables 
Virtus LifeSci is currently under evaluation in price to book as compared to similar ETFs.

Fund Instrument Allocation for Virtus LifeSci

The fund invests 99.95% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
      Instrument Type 

Current Virtus LifeSci financial ratios