Provident Trust Financial Statements From 2010 to 2024
| PROVX Fund | USD 18.98 0.04 0.21% |
Check Provident Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Trust's main balance sheet or income statement drivers, such as , as well as many indicators such as . Provident financial statements analysis is a perfect complement when working with Provident Trust Valuation or Volatility modules.
Provident |
Provident Trust Strategy Mutual Fund Price To Earning Analysis
Provident Trust'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 Provident Trust Price To Earning | 19.48 X |
Most of Provident Trust'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, Provident Trust Strategy 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, Provident Trust Strategy has a Price To Earning of 19.48 times. This is much higher than that of the Provident family and significantly higher than that of the Large Growth category. The price to earning for all United States funds is notably lower than that of the firm.
Provident Trust Strategy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Provident Trust's current stock value. Our valuation model uses many indicators to compare Provident Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Provident Trust competition to find correlations between indicators driving Provident Trust's intrinsic value. More Info.Provident Trust Strategy is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.18 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Provident Trust Strategy is roughly 5.61 . 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 Provident Trust's earnings, one of the primary drivers of an investment's value.About Provident Trust Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Provident Trust income statement, its balance sheet, and the statement of cash flows. Provident Trust investors use historical funamental indicators, such as Provident Trust's revenue or net income, to determine how well the company is positioned to perform in the future. Although Provident Trust investors may use each financial statement separately, they are all related. The changes in Provident Trust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Provident Trust'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 Provident Trust Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Provident Trust. Please read more on our technical analysis and fundamental analysis pages.
The fund invests mainly in a limited number of multi-capitalization growth stocks. It will compare itself to, and the advisor attempts to exceed, the SP 500 Index over full investment cycles. The fund is non-diversified.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Provident Mutual Fund
Provident Trust financial ratios help investors to determine whether Provident Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Provident with respect to the benefits of owning Provident Trust security.
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