SPDR SP Selected Fundamentals

SPDR SP 500 ETF -- USA Etf  

USD 267.10  1.79  0.67%

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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.
SPDR SP 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
 = 
18.50 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 SPDR SP 500 ETF is roughly 18.5 times. This is much higher than that of the SSgA 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.

SPDR SP 500 Fundamental Drivers Relationships

SPDR SP 500 ETF is rated below average in price to earning as compared to similar ETFs. It is rated fourth largest ETF in price to sales as compared to similar ETFs fabricating about  0.10  of Price to Sales per Price to Earning. The ratio of Price to Earning to Price to Sales for SPDR SP 500 ETF is roughly  9.59 

Peer Comparison

SPDR SP Price to Earning Comparison
SPDR SP is rated below average in price to earning as compared to similar ETFs.

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Asset Allocation

Fund Instrument Allocation for SPDR SP
The fund invests 99.81% 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 SPDR SP financial ratios