Parnassus Mutual Fund Valuation

PFPRX -  USA Fund  

USD 69.32  0.01  0.0144%

Do you wonder what the value of Parnassus Fund - is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Parnassus Fund, is its stock price multiplied by the total number of shares outstanding, calculating Parnassus Fund's enterprise value requires a different approach. It uses Parnassus Fund's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
Parnassus Fund - holds a recent Real Value of $68.22 per share. The prevailing price of the fund is $69.32. At this time, the fund appears to be fairly valued. We determine the value of Parnassus Fund - from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued entities and dropping overvalued entities since, at some point, stock prices and their ongoing real values will merge together.

Parnassus Valuation 

 
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Parnassus Fund Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Parnassus Fund's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Fairly Valued
Today
69.32
27th of October 2021
Share
Please note that Parnassus Fund's price fluctuation is very steady at this time.
Parnassus Fund - holds a recent Real Value of $68.22 per share. The prevailing price of the fund is $69.32. At this time, the fund appears to be fairly valued. We determine the value of Parnassus Fund - from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued entities and dropping overvalued entities since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Parnassus Fund - is useful when determining the fair value of the Parnassus mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Parnassus Fund. Since Parnassus Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parnassus Mutual Fund. However, Parnassus Fund's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
68.22
Real Value
69.15
Upside
Estimating the potential upside or downside of Parnassus Fund - helps investors to forecast how Parnassus mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Parnassus Fund more accurately as focusing exclusively on Parnassus Fund's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
64.2667.4970.71
Details
Hype
Prediction
LowEstimated ValueHigh
67.8768.8069.73
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
1.761.801.84
Details

Parnassus Fund Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Parnassus Fund's current stock value. Our valuation model uses many indicators to compare Parnassus Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parnassus Fund competition to find correlations between indicators driving Parnassus Fund's intrinsic value. More Info.
Parnassus Fund - is regarded second largest fund in minimum initial investment among similar funds. It is regarded second largest fund in one year return among similar funds . The ratio of Minimum Initial Investment to One Year Return for Parnassus Fund - is about  8,244 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parnassus Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parnassus Fund'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 Parnassus Fund's earnings, one of the primary drivers of an investment's value.

About Parnassus Fund Valuation

The equity valuation mechanism determines the current worth of Parnassus Fund - on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Parnassus Fund -. In general, an absolute valuation paradigm, as applied to this mutual fund, attempts to find the value of Parnassus Fund - based exclusively on its fundamental and basic technical indicators. By analyzing Parnassus Fund's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Parnassus Fund's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Parnassus Fund. We calculate exposure to Parnassus Fund's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Parnassus Fund's related companies.
The fund normally invests at least 80 percent of its net assets in mid-sized growth companies. Parnassus Fund is traded on NASDAQ Exchange in the United States.
Parnassus Fund's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Parnassus Fund's value is low or high relative to the company's performance and growth projections. Determining the market value of Parnassus Fund can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Parnassus Fund represents a small ownership stake in the entity. As a stockholder of Parnassus, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Parnassus Fund Dividends Analysis For Valuation

There are various types of dividends Parnassus Fund can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Parnassus shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Parnassus Fund - directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Parnassus pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Parnassus Fund by the value of the dividends paid out.

Parnassus Fund Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Parnassus Fund does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Annual Report Expense Ratio0.68%
Please check Your Equity Center. Note that the Parnassus Fund - information on this page should be used as a complementary analysis to other Parnassus Fund'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Parnassus Fund - price analysis, check to measure Parnassus Fund'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 Parnassus Fund is operating at the current time. Most of Parnassus Fund's value examination focuses on studying past and present price action to predict the probability of Parnassus Fund's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parnassus Fund's price. Additionally, you may evaluate how the addition of Parnassus Fund to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Parnassus Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine Parnassus Fund value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parnassus Fund'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.