Tema ETF Financial Statements From 2010 to 2025
| LUX Etf | 24.46 0.24 0.99% |
Check Tema ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tema ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tema financial statements analysis is a perfect complement when working with Tema ETF Valuation or Volatility modules.
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Tema ETF Trust ETF Price To Book Analysis
Tema ETF'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 Tema ETF Price To Book | 4.54 X |
Most of Tema ETF'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, Tema ETF 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.
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Based on the latest financial disclosure, Tema ETF Trust has a Price To Book of 4.54 times. This is much higher than that of the family and significantly higher than that of the Consumer Cyclical category. The price to book for all United States etfs is notably lower than that of the firm.
Tema ETF Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tema ETF's current stock value. Our valuation model uses many indicators to compare Tema ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tema ETF competition to find correlations between indicators driving Tema ETF's intrinsic value. More Info.Tema ETF Trust 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 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Tema ETF Trust is roughly 6.77 . 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 Tema ETF's earnings, one of the primary drivers of an investment's value.About Tema ETF Financial Statements
Tema ETF investors use historical fundamental indicators, such as Tema ETF'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 Tema ETF. Please read more on our technical analysis and fundamental analysis pages.
Luxottica Group S.p.A., together with its subsidiaries, offer fashion, luxury, sports, and performance eyewear worldwide.
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 Tema ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tema ETF'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 Tema Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tema Etf Trust Etf:Check out the analysis of Tema ETF 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 Tema ETF Trust is measured differently than its book value, which is the value of Tema that is recorded on the company's balance sheet. Investors also form their own opinion of Tema ETF's value that differs from its market value or its book value, called intrinsic value, which is Tema ETF'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 Tema ETF's market value can be influenced by many factors that don't directly affect Tema ETF'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 Tema ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema ETF'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.