New Perspective Financial Statements From 2010 to 2024
| NPFFX Fund | USD 65.08 0.27 0.42% |
Check New Perspective financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Perspective's main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Perspective Valuation or Volatility modules.
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New Perspective Fund Mutual Fund Price To Earning Analysis
New Perspective's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current New Perspective Price To Earning | 21.93 X |
Most of New Perspective's fundamental indicators, such as Price To Earning, 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, New Perspective Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, New Perspective Fund has a Price To Earning of 21.93 times. This is 383.04% higher than that of the American Funds family and significantly higher than that of the World Large-Stock Growth category. The price to earning for all United States funds is notably lower than that of the firm.
New Perspective Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Perspective's current stock value. Our valuation model uses many indicators to compare New Perspective value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Perspective competition to find correlations between indicators driving New Perspective's intrinsic value. More Info.New Perspective Fund is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for New Perspective Fund is roughly 6.87 . 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 New Perspective's earnings, one of the primary drivers of an investment's value.About New Perspective Financial Statements
New Perspective investors use historical fundamental indicators, such as New Perspective'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 New Perspective. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to take advantage of investment opportunities generated by changes in international trade patterns and economic and political relationships by investing in common stocks of companies located around the world. In pursuing its investment objective, it invests primarily in common stocks that the investment adviser believes have the potential for growth.
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.Other Information on Investing in New Mutual Fund
New Perspective financial ratios help investors to determine whether New Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Perspective security.
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