Reliance ETF Fundamental Relationships

590103 -- India ETF  

INR 822.04  1.46  0.18%

The Drivers Module shows relationships between Reliance ETF's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Reliance ETF Nifty BeES over time as well as its relative position and ranking within its peers. Check also Trending Equities.

Reliance ETF Nifty Price to Earning vs. Price to Sales Fundamental Analysis

Reliance ETF Nifty BeES cannot be rated in Price to Sales category at this point. It cannot be rated in Price to Earning category at this point. reporting about  8.81  of Price to Earning per Price to Sales.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Reliance ETF 
P/S 
 = 
MV Per Share 
Revenue Per Share 
=
2.16X
The most important factor to remember is that the price of equity takes a firm's debt into account, whereas the sales does not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Reliance ETF 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
=
19.03X
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.

Reliance ETF Nifty Price to Earning Comparison

Reliance ETF cannot be rated in Price to Earning category at this point.
Reliance ETF cannot be rated in Revenue category at this point.
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