IShares Oil Financial Statements From 2010 to 2024
| IEZ Etf | USD 22.09 0.17 0.78% |
Check IShares Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Oil's 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 Oil Valuation or Volatility modules.
IShares |
iShares Oil Equipment ETF Price To Sales Analysis
IShares Oil'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 IShares Oil Price To Sales | 1.16 X |
Most of IShares Oil'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, iShares Oil Equipment 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, iShares Oil Equipment has a Price To Sales of 1.16 times. This is 300.0% higher than that of the iShares family and significantly higher than that of the Equity Energy category. The price to sales for all United States etfs is notably lower than that of the firm.
iShares Oil Equipment Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Oil's current stock value. Our valuation model uses many indicators to compare IShares Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Oil competition to find correlations between indicators driving IShares Oil's intrinsic value. More Info.iShares Oil Equipment 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 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Oil Equipment is roughly 11.09 . 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 IShares Oil's earnings, one of the primary drivers of an investment's value.About IShares Oil Financial Statements
IShares Oil investors use historical fundamental indicators, such as IShares Oil'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 IShares Oil. Please read more on our technical analysis and fundamental analysis pages.
The index measures the performance of the oil equipment and services sector of the U.S. equity market. US Oil is traded on NYSEARCA Exchange in the United States.
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.When determining whether iShares Oil Equipment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Oil Equipment Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Oil Equipment Etf:Check out the analysis of IShares Oil Correlation against competitors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of iShares Oil Equipment 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is IShares Oil'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 IShares Oil's market value can be influenced by many factors that don't directly affect IShares Oil'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 IShares Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Oil'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.