First Trust Selected Fundamentals

FJP -- USA Etf  

USD 56.63  1.71  3.11%

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Price to Book Analysis

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
First Trust 
P/B 
 = 
MV Per Share 
BV Per Share 
 = 
1.24 times

About Price to Book

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Compare to competition
Based on latest financial disclosure the price to book indicator of First Trust Japan AlphaDEX ETF is roughly 1.24 times. This is 29.14% lower than that of the First Trust family, and significantly higher than that of Broad Equity category, The Price to Book for all etfs is 27.84% lower than the firm.

First Trust Japan Fundamental Drivers Relationships

First Trust Japan AlphaDEX ETF is rated below average in price to book as compared to similar ETFs. It is rated below average in price to sales as compared to similar ETFs fabricating about  0.44  of Price to Sales per Price to Book. The ratio of Price to Book to Price to Sales for First Trust Japan AlphaDEX ETF is roughly  2.25 

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Asset Allocation

Fund Instrument Allocation for First Trust

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.
 Value 
      Instrument Type 

Fundamental Indicators

Current First Trust financial ratios



 
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