Global X Financial Statements From 2010 to 2025
| CHRI Etf | USD 82.58 0.27 0.33% |
Check Global X financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global X's main balance sheet or income statement drivers, such as , as well as many indicators such as . Global financial statements analysis is a perfect complement when working with Global X Valuation or Volatility modules.
This module can also supplement various Global X Technical models . Check out the analysis of Global X Correlation against competitors. Global X SP ETF Price To Earning Analysis
Global X'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 Global X Price To Earning | 0.07 X |
Most of Global X'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, Global X SP 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.
| Competition |
Based on the latest financial disclosure, Global X SP has a Price To Earning of 0.07 times. This is much higher than that of the family and significantly higher than that of the Large Blend category. The price to earning for all United States etfs is notably lower than that of the firm.
Global X SP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global X's current stock value. Our valuation model uses many indicators to compare Global X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global X competition to find correlations between indicators driving Global X's intrinsic value. More Info.Global X SP is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to sales as compared to similar ETFs fabricating about 0.14 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Global X SP is roughly 7.00 . 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 Global X's earnings, one of the primary drivers of an investment's value.About Global X Financial Statements
Investors use fundamental indicators, such as Global X's revenue or net income, to determine how well the company is positioned to perform in the future. Although Global X's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
China Health Resource, Inc. engages in the production, manufacture, and distribution of herbal pharmaceuticals and supplements based on traditional Chinese medicine to pharmaceutical manufacturers and wholesale markets. The company was founded in 2001 and is based in Suining, the Peoples Republic of China. China Health is traded on BATS Exchange in USA.
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Check out the analysis of Global X Correlation against competitors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Global X SP is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.