IShares Global Financial Statements From 2010 to 2025
| MXI Etf | USD 81.47 0.84 1.02% |
Check IShares Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Global'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 Global Valuation or Volatility modules.
IShares |
iShares Global Materials ETF Price To Book Analysis
IShares Global'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 Global Price To Book | 1.87 X |
Most of IShares Global'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 Global Materials 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, iShares Global Materials has a Price To Book of 1.87 times. This is 334.88% higher than that of the iShares family and significantly higher than that of the Natural Resources category. The price to book for all United States etfs is notably lower than that of the firm.
iShares Global Materials Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Global's current stock value. Our valuation model uses many indicators to compare IShares Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Global competition to find correlations between indicators driving IShares Global's intrinsic value. More Info.iShares Global Materials is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one 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 Global Materials is roughly 10.71 . 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 Global's earnings, one of the primary drivers of an investment's value.About IShares Global Financial Statements
Investors use fundamental indicators, such as IShares Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares Global's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The index measures the performance of companies that SPDJI deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. Global Materials is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
| EBR | Centrais Electricas Brasileiras | |
| HE | Hawaiian Electric Industries | |
| VFC | VF Corporation | |
| BVHMF | Vistry Group PLC | |
| S | SentinelOne |
Check out the analysis of IShares Global Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of iShares Global Materials 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 Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global'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 Global's market value can be influenced by many factors that don't directly affect IShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global'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.