Pioneer Floating Rate Etf Fundamentals
| PHD Etf | USD 9.58 0.03 0.31% |
Pioneer Floating Rate fundamentals help investors to digest information that contributes to Pioneer Floating's financial success or failures. It also enables traders to predict the movement of Pioneer Etf. The fundamental analysis module provides a way to measure Pioneer Floating's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pioneer Floating etf.
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Pioneer Floating Rate ETF Price To Earning Analysis
Pioneer Floating'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 Pioneer Floating Price To Earning | 118.29 X |
Most of Pioneer Floating'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, Pioneer Floating Rate 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.
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Based on the latest financial disclosure, Pioneer Floating Rate has a Price To Earning of 118 times. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The price to earning for all United States etfs is notably lower than that of the firm.
Pioneer Floating Rate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pioneer Floating's current stock value. Our valuation model uses many indicators to compare Pioneer Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pioneer Floating competition to find correlations between indicators driving Pioneer Floating's intrinsic value. More Info.Pioneer Floating Rate is rated number one ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Pioneer Floating Rate is roughly 123.68 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Pioneer Floating by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pioneer Floating'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 Pioneer Floating's earnings, one of the primary drivers of an investment's value.Pioneer Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pioneer Floating's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Pioneer Floating could also be used in its relative valuation, which is a method of valuing Pioneer Floating by comparing valuation metrics of similar companies.Pioneer Floating is currently under evaluation in price to earning as compared to similar ETFs.
Pioneer Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0585 | ||||
| Profit Margin | 0.82 % | ||||
| Operating Margin | 0.91 % | ||||
| Current Valuation | 180.01 M | ||||
| Shares Outstanding | 12.37 M | ||||
| Shares Owned By Institutions | 31.52 % | ||||
| Number Of Shares Shorted | 16.31 K | ||||
| Price To Earning | 118.29 X | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 6.19 X | ||||
| Revenue | 16.21 M | ||||
| Gross Profit | 13.48 M | ||||
| EBITDA | 15.76 M | ||||
| Net Income | 15.76 M | ||||
| Cash And Equivalents | 40.96 K | ||||
| Total Debt | 61.2 M | ||||
| Debt To Equity | 0.49 % | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | 10.09 X | ||||
| Cash Flow From Operations | 10.83 M | ||||
| Short Ratio | 0.73 X | ||||
| Earnings Per Share | 1.27 X | ||||
| Beta | 0.61 | ||||
| Market Capitalization | 118.41 M | ||||
| Total Asset | 190.5 M | ||||
| Retained Earnings | (82.91 M) | ||||
| Annual Yield | 0.12 % | ||||
| Five Year Return | 6.93 % | ||||
| Net Asset | 190.5 M | ||||
| Last Dividend Paid | 1.07 |
About Pioneer Floating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Floating Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pioneer Floating Rate based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer Floating is traded on New York Stock Exchange in the United States.
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Check out Pioneer Floating Piotroski F Score and Pioneer Floating Altman Z Score analysis. Note that the Pioneer Floating Rate information on this page should be used as a complementary analysis to other Pioneer Floating'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of Pioneer Floating Rate is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Floating's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Floating'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 Pioneer Floating's market value can be influenced by many factors that don't directly affect Pioneer Floating'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 Pioneer Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Floating'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.