Public Investments vs Property Plant and Equipment Net Analysis
PEG Stock | USD 66.65 1.14 1.74% |
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Investments and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Investments vs Property Plant And Equipment Net
Investments vs Property Plant and Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Investments account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Public Service's Investments and Property Plant and Equipment Net is -0.14. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Investments and Property Plant and Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Public Service Enterprise are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Investments i.e., Public Service's Investments and Property Plant and Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. The Public Service's current Tax Provision is estimated to increase to about 621.6 M, while Selling General Administrative is projected to decrease to roughly 207.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.0B | 2.6B | 4.8B | 3.6B | Total Revenue | 9.7B | 9.8B | 11.2B | 9.4B |
Public Service fundamental ratios Correlations
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Public Service Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Public Service Enterprise information on this page should be used as a complementary analysis to other Public Service'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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Is Public Service's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Service. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Service listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 2.28 | Earnings Share 5.13 | Revenue Per Share 22.564 | Quarterly Revenue Growth (0.17) |
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service'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 Public Service's market value can be influenced by many factors that don't directly affect Public Service'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 Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service'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.