IShares Trust Financial Statements From 2010 to 2024
ITDD Etf | USD 31.68 0.02 0.06% |
Check IShares Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Trust'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 Trust Valuation or Volatility modules.
IShares |
iShares Trust ETF Price To Book Analysis
IShares Trust's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current IShares Trust Price To Book | 0.01 X |
Most of IShares Trust's fundamental indicators, such as Price To Book, 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 Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, iShares Trust has a Price To Book of 0.01 times. This is much higher than that of the family and significantly higher than that of the Target-Date 2040 category. The price to book for all United States etfs is notably lower than that of the firm.
iShares Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Trust's current stock value. Our valuation model uses many indicators to compare IShares Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Trust competition to find correlations between indicators driving IShares Trust's intrinsic value. More Info.iShares Trust is considered the top ETF in price to book as compared to similar ETFs. It also is considered the top ETF in price to sales as compared to similar ETFs fabricating about 95.00 of Price To Sales per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares Trust 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 Trust Financial Statements
IShares Trust stakeholders use historical fundamental indicators, such as IShares Trust's revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares Trust investors may analyze each financial statement separately, they are all interrelated. For example, changes in IShares Trust's assets and liabilities are reflected in the revenues and expenses on IShares Trust'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 iShares Trust. Please read more on our technical analysis and fundamental analysis pages.
Integrated Data Corporation, through its subsidiaries, offers telecommunication, wireless, pointofsale activation, financial transaction, and other services 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 Trust is a strong investment it is important to analyze IShares Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Trust's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out the analysis of IShares Trust Correlation against competitors. For information on how to trade IShares Etf refer to our How to Trade IShares Etf guide.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 iShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is IShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect IShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Trust'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.