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.
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 First Trust Japan AlphaDEX ETF is roughly 14.86 times. This indicator is about the same for the First Trust average (which is currently at 15.04) family, and about the same as Japan Stock (which currently averages 14.86) category, The Price to Earning for all etfs is 80.34% lower than the firm.
First Trust Japan Fundamental Drivers Relationships
First Trust Japan AlphaDEX ETF is rated below average in price to earning as compared to similar ETFs. It is rated # 4 ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for First Trust Japan AlphaDEX ETF is roughly 11.98
|Price to Earning ( times )|
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The fund invests 99.98% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.