PowerShares Selected Fundamentals

SPHQ -- USA Etf  

USD 30.89  0.60  1.98%

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 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.
PowerShares 
P/B 
 = 
MV Per Share 
BV Per Share 
 = 
5.60 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 PowerShares SP 500 Quality ETF is roughly 5.6 times. This is much higher than that of the Invesco family, and significantly higher than that of Large Blend category, The Price to Book for all etfs is over 1000% lower than the firm.

PowerShares SP 500 Fundamental Drivers Relationships

PowerShares SP 500 Quality ETF is rated third largest ETF in price to earning as compared to similar ETFs. It is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about  0.30  of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for PowerShares SP 500 Quality ETF is roughly  3.30 

Did you try this?

Run Equity Search Now

   

Equity Search

Search for activelly-traded equities including funds and ETFs from over 30 global markets
All  Next Launch Equity Search

Asset Allocation

Fund Instrument Allocation for PowerShares

The fund invests 99.99% 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 PowerShares financial ratios



 
Search macroaxis.com