First Trust Selected Fundamentals

FKO -- USA Etf  

USD 24.49  0.54  2.16%

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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.
First Trust 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
 = 
10.55 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 First Trust South Korea AlphaDEX ETF is roughly 10.55 times. This is 29.85% lower than that of the First Trust family, and significantly higher than that of Broad Equity category, The Price to Earning for all etfs is 28.03% lower than the firm.

First Trust South Fundamental Drivers Relationships

First Trust South Korea AlphaDEX ETF is rated below average in price to earning as compared to similar ETFs. It is rated below average in price to sales as compared to similar ETFs fabricating about  0.07  of Price to Sales per Price to Earning. The ratio of Price to Earning to Price to Sales for First Trust South Korea AlphaDEX ETF is roughly  13.88 

Peer Comparison

First Trust Price to Earning Comparison
First Trust is currently under evaluation in price to earning as compared to similar ETFs.

Fund Instrument Allocation for First Trust

The fund invests 99.27% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
 Value 
      Instrument Type 

Current First Trust financial ratios



 
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