IShares Energy Financial Statements From 2010 to 2024
| IYE Etf | USD 51.38 0.20 0.39% |
Check IShares Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Energy'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 Energy Valuation or Volatility modules.
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iShares Energy ETF ETF Price To Sales Analysis
IShares Energy'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 Energy Price To Sales | 24.17 X |
Most of IShares Energy'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 Energy 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 Energy ETF has a Price To Sales of 24.17 times. This is much 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 Energy ETF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Energy's current stock value. Our valuation model uses many indicators to compare IShares Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Energy competition to find correlations between indicators driving IShares Energy's intrinsic value. More Info.iShares Energy 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 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Energy ETF is roughly 11.19 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares Energy 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 Energy Financial Statements
IShares Energy stakeholders use historical fundamental indicators, such as IShares Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in IShares Energy's assets and liabilities are reflected in the revenues and expenses on IShares Energy'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 Energy ETF. Please read more on our technical analysis and fundamental analysis pages.
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 Energy is traded on NYSEARCA Exchange in the United States.
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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 Energy ETF is a strong investment it is important to analyze IShares Energy'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 Energy's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out the analysis of IShares Energy Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of iShares Energy 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is IShares Energy'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 Energy's market value can be influenced by many factors that don't directly affect IShares Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Energy'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.