Oil Equipment Financial Statements From 2010 to 2024
| OEPIX Fund | USD 114.10 1.23 1.07% |
Check Oil Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oil main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Oil financial statements analysis is a perfect complement when working with Oil Equipment Valuation or Volatility modules.
Oil |
Oil Equipment Services Mutual Fund Price To Earning Analysis
Oil Equipment'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 Oil Equipment Price To Earning | 24.34 X |
Most of Oil Equipment'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, Oil Equipment Services 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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Oil Equipment Price To Earning Component Assessment
Based on the latest financial disclosure, Oil Equipment Services has a Price To Earning of 24.34 times. This is 3.4% higher than that of the ProFunds family and about the same as Equity Energy (which currently averages 24.34) category. The price to earning for all United States funds is notably lower than that of the firm.
Oil Equipment Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oil Equipment's current stock value. Our valuation model uses many indicators to compare Oil Equipment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oil Equipment competition to find correlations between indicators driving Oil Equipment's intrinsic value. More Info.Oil Equipment Services is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Oil Equipment Services is roughly 16.12 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Oil Equipment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Oil Equipment's Mutual Fund. 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 Oil Equipment's earnings, one of the primary drivers of an investment's value.About Oil Equipment Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Oil Equipment income statement, its balance sheet, and the statement of cash flows. Oil Equipment investors use historical funamental indicators, such as Oil Equipment's revenue or net income, to determine how well the company is positioned to perform in the future. Although Oil Equipment investors may use each financial statement separately, they are all related. The changes in Oil Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oil Equipment'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 Oil Equipment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Oil Equipment. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Oil Equipment is traded on NASDAQ Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Oil Equipment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Oil Equipment's short interest history, or implied volatility extrapolated from Oil Equipment options trading.
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