Equity Screeners to view more equity screening toolsThe 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
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.Compare to competition
Based on latest financial disclosure the price to earning indicator of Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD is roughly 23.63 times. This is 74.78% higher than that of the Questrade Wealth Management Inc. sector, and significantly higher than that of Price to Earning industry, The Price to Earning for all etfs is 186.77% lower than the firm.
Questrade Russell 1000 Fundamental Drivers Relationships
Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD cannot be rated in Price to Book category at this point. It cannot be rated in Price to Sales category at this point. fabricating about 0.56 of Price to Sales per Price to Book. The ratio of Price to Book to Price to Sales for Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD is roughly 1.79