SPDR Gold Financial Statements From 2010 to 2024
| GLD Etf | MXN 4,996 31.00 0.62% |
Check SPDR Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . SPDR financial statements analysis is a perfect complement when working with SPDR Gold Valuation or Volatility modules.
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SPDR Gold Trust ETF Price To Earning Analysis
SPDR Gold'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 SPDR Gold Price To Earning | 90.93 X |
Most of SPDR Gold'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, SPDR Gold Trust 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.
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Based on the latest financial disclosure, SPDR Gold Trust has a Price To Earning of 90 times. This is much higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Price To Earning category. The price to earning for all Mexico etfs is notably lower than that of the firm.
About SPDR Gold Financial Statements
SPDR Gold investors use historical fundamental indicators, such as SPDR Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SPDR Gold. Please read more on our technical analysis and fundamental analysis pages.
The investment seeks to reflect the performance of the price of gold bullion, less the expenses of the Trusts operations. SPDR GOLD is traded on Mexico Stock Exchange in Mexico.
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SPDR Gold financial ratios help investors to determine whether SPDR 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 SPDR with respect to the benefits of owning SPDR Gold security.