Guggenheim Taxable Financial Statements From 2010 to 2024
| GBAB Etf | USD 15.77 0.13 0.83% |
Market Capitalization 387.9 M | Enterprise Value Revenue 22.5189 | Earnings Share 0.93 |
Check Guggenheim Taxable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guggenheim Taxable's main balance sheet or income statement drivers, such as , as well as many indicators such as . Guggenheim financial statements analysis is a perfect complement when working with Guggenheim Taxable Valuation or Volatility modules.
Guggenheim |
Guggenheim Taxable Municipal ETF Price To Sales Analysis
Guggenheim Taxable's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Guggenheim Taxable Price To Sales | 17.22 X |
Most of Guggenheim Taxable's fundamental indicators, such as Price To Sales, 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, Guggenheim Taxable Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Guggenheim Taxable Municipal has a Price To Sales of 17.2247 times. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The price to sales for all United States etfs is notably lower than that of the firm.
Guggenheim Taxable Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim Taxable's current stock value. Our valuation model uses many indicators to compare Guggenheim Taxable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim Taxable competition to find correlations between indicators driving Guggenheim Taxable's intrinsic value. More Info.Guggenheim Taxable Municipal is rated # 5 ETF in price to earning as compared to similar ETFs. It is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Guggenheim Taxable Municipal is roughly 9.42 . 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 Guggenheim Taxable's earnings, one of the primary drivers of an investment's value.About Guggenheim Taxable Financial Statements
Guggenheim Taxable stakeholders use historical fundamental indicators, such as Guggenheim Taxable's revenue or net income, to determine how well the company is positioned to perform in the future. Although Guggenheim Taxable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Guggenheim Taxable's assets and liabilities are reflected in the revenues and expenses on Guggenheim Taxable's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Guggenheim Taxable Municipal. Please read more on our technical analysis and fundamental analysis pages.
Guggenheim Taxable Municipal Bond Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. Guggenheim Taxable is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Guggenheim Etf
Guggenheim Taxable financial ratios help investors to determine whether Guggenheim Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Guggenheim with respect to the benefits of owning Guggenheim Taxable security.