Prudential Financial Statements From 2010 to 2024
| PRU Stock | EUR 12.50 0.00 0.00% |
Check Prudential Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prudential Plc's main balance sheet or income statement drivers, such as , as well as many indicators such as . Prudential financial statements analysis is a perfect complement when working with Prudential Plc Valuation or Volatility modules.
Prudential |
Prudential plc Company Current Valuation Analysis
Prudential Plc's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Prudential Plc Current Valuation | 32.57 B |
Most of Prudential Plc's fundamental indicators, such as Current Valuation, 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, Prudential plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Prudential plc has a Current Valuation of 32.57 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The current valuation for all Germany stocks is notably lower than that of the firm.
Prudential plc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prudential Plc's current stock value. Our valuation model uses many indicators to compare Prudential Plc value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prudential Plc competition to find correlations between indicators driving Prudential Plc's intrinsic value. More Info.Prudential plc is rated top company in current valuation category among its peers. It also is considered to be number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Prudential plc is about 14,521,346,257 . 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 Prudential Plc's earnings, one of the primary drivers of an investment's value.About Prudential Plc Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Prudential Plc income statement, its balance sheet, and the statement of cash flows. Prudential Plc investors use historical funamental indicators, such as Prudential Plc's revenue or net income, to determine how well the company is positioned to perform in the future. Although Prudential Plc investors may use each financial statement separately, they are all related. The changes in Prudential Plc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Prudential Plc'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 Prudential Plc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Prudential Plc. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Prudential Plc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prudential Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prudential Plc will appreciate offsetting losses from the drop in the long position's value.Moving against Prudential Stock
| 0.66 | AMZ | Amazon Inc | PairCorr |
| 0.65 | APC | Apple Inc | PairCorr |
| 0.64 | APC | Apple Inc | PairCorr |
| 0.64 | APC | Apple Inc | PairCorr |
| 0.64 | APC | Apple Inc | PairCorr |
The ability to find closely correlated positions to Prudential Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prudential Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prudential Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prudential plc to buy it.
The correlation of Prudential Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prudential Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prudential plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prudential Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Prudential Stock Analysis
When running Prudential Plc's price analysis, check to measure Prudential Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prudential Plc is operating at the current time. Most of Prudential Plc's value examination focuses on studying past and present price action to predict the probability of Prudential Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prudential Plc's price. Additionally, you may evaluate how the addition of Prudential Plc to your portfolios can decrease your overall portfolio volatility.