IShares Utilities Financial Statements From 2010 to 2024
IDU Etf | USD 104.01 0.37 0.36% |
Check IShares Utilities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Utilities' main balance sheet or income statement drivers, such as , as well as many indicators such as . IShares financial statements analysis is a perfect complement when working with IShares Utilities Valuation or Volatility modules.
IShares |
iShares Utilities ETF ETF Price To Sales Analysis
IShares Utilities' 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 IShares Utilities Price To Sales | 1.68 X |
Most of IShares Utilities' 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, iShares Utilities ETF 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.
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Based on the latest financial disclosure, iShares Utilities ETF has a Price To Sales of 1.68 times. This is much higher than that of the iShares family and significantly higher than that of the Utilities category. The price to sales for all United States etfs is notably lower than that of the firm.
iShares Utilities ETF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Utilities's current stock value. Our valuation model uses many indicators to compare IShares Utilities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Utilities competition to find correlations between indicators driving IShares Utilities's intrinsic value. More Info.iShares Utilities ETF is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.28 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Utilities ETF is roughly 3.58 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares Utilities 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.About IShares Utilities Financial Statements
IShares Utilities shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares Utilities investors may analyze each financial statement separately, they are all interrelated. The changes in IShares Utilities' assets and liabilities, for example, are also reflected in the revenues and expenses on on IShares Utilities' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. US Utilities is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of IShares Utilities Correlation against competitors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of iShares Utilities ETF is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Utilities' value that differs from its market value or its book value, called intrinsic value, which is IShares Utilities' 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 IShares Utilities' market value can be influenced by many factors that don't directly affect IShares Utilities' 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 IShares Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Utilities' 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.