BLNG Financial Statements From 2010 to 2026
BLNG's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing BLNG's valuation are provided below:BLNG does not today have any fundamental signals for analysis.
Check BLNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BLNG's main balance sheet or income statement drivers, such as , as well as many indicators such as . BLNG financial statements analysis is a perfect complement when working with BLNG Valuation or Volatility modules.
This module can also supplement various BLNG Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. BLNG ETF Price To Earning Analysis
BLNG'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 BLNG Price To Earning | 36.85 X |
Most of BLNG'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, BLNG 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.
CompetitionBased on the latest financial disclosure, BLNG has a Price To Earning of 36.85 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.
BLNG Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BLNG's current stock value. Our valuation model uses many indicators to compare BLNG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BLNG competition to find correlations between indicators driving BLNG's intrinsic value. More Info.BLNG is third largest 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 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for BLNG is roughly 27.47 . Comparative valuation analysis is a catch-all technique that is used if you cannot value BLNG by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Currently Active Assets on Macroaxis
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Tools for BLNG Etf
When running BLNG's price analysis, check to measure BLNG'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 BLNG is operating at the current time. Most of BLNG's value examination focuses on studying past and present price action to predict the probability of BLNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BLNG's price. Additionally, you may evaluate how the addition of BLNG to your portfolios can decrease your overall portfolio volatility.
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