PowerShares QQQ Selected Fundamentals

QQQ -- USA Etf  

USD 179.93  0.94  0.53%

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 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.
PowerShares QQQ 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
 = 
9.90 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 PowerShares QQQ ETF is roughly 9.9 times. This is much higher than that of the Invesco PowerShares family, and significantly higher than that of Size and Style category, The Price to Earning for all etfs is over 1000% lower than the firm.

PowerShares QQQ ETF Fundamental Drivers Relationships

PowerShares QQQ ETF is rated second largest ETF in price to sales as compared to similar ETFs. It is rated below average in price to earning as compared to similar ETFs reporting about  3.49  of Price to Earning per Price to Sales.

Peer Comparison

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

Fund Instrument Allocation for PowerShares QQQ

The fund invests 99.85% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
 Value 
      Instrument Type 

Current PowerShares QQQ financial ratios



 
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">