ProShares Global Financial Statements From 2010 to 2024
| PEX Etf | USD 29.31 0.25 0.86% |
Check ProShares Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares Global Valuation or Volatility modules.
ProShares |
ProShares Global Listed ETF Price To Earning Analysis
ProShares Global's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. 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.
Current ProShares Global Price To Earning | 16.27 X |
Most of ProShares Global's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares Global Listed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, ProShares Global Listed has a Price To Earning of 16.27 times. This is 194.75% higher than that of the ProShares family and significantly higher than that of the Miscellaneous Sector category. The price to earning for all United States etfs is notably lower than that of the firm.
ProShares Global Listed Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProShares Global's current stock value. Our valuation model uses many indicators to compare ProShares Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares Global competition to find correlations between indicators driving ProShares Global's intrinsic value. More Info.ProShares Global Listed is rated number one ETF in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ProShares Global Listed is roughly 17.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ProShares Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ProShares Global's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares Global's earnings, one of the primary drivers of an investment's value.About ProShares Global Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ProShares Global income statement, its balance sheet, and the statement of cash flows. ProShares Global investors use historical funamental indicators, such as ProShares Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although ProShares Global investors may use each financial statement separately, they are all related. The changes in ProShares Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ProShares Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ProShares Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ProShares Global. Please read more on our technical analysis and fundamental analysis pages.
The index consists of up to 30 qualifying listed private equity companies. Global Listed is traded on BATS Exchange in the United States.
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Check out the analysis of ProShares Global Correlation against competitors. Note that the ProShares Global Listed information on this page should be used as a complementary analysis to other ProShares Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of ProShares Global Listed is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Global's value that differs from its market value or its book value, called intrinsic value, which is ProShares Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Global's market value can be influenced by many factors that don't directly affect ProShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.