Davis New Financial Statements From 2010 to 2024
| NYVRX Fund | USD 30.52 0.02 0.07% |
Check Davis New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Davis New's main balance sheet or income statement drivers, such as , as well as many indicators such as . Davis financial statements analysis is a perfect complement when working with Davis New Valuation or Volatility modules.
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Davis New York Mutual Fund Price To Earning Analysis
Davis New'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 Davis New Price To Earning | 18.55 X |
Most of Davis New'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, Davis New York 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.
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Based on the latest financial disclosure, Davis New York has a Price To Earning of 18.55 times. This is much higher than that of the Davis Funds family and significantly higher than that of the Large Blend category. The price to earning for all United States funds is notably lower than that of the firm.
Davis New York Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Davis New's current stock value. Our valuation model uses many indicators to compare Davis New value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Davis New competition to find correlations between indicators driving Davis New's intrinsic value. More Info.Davis New York 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 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Davis New York is roughly 9.23 . 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 Davis New's earnings, one of the primary drivers of an investment's value.About Davis New Financial Statements
Davis New investors use historical fundamental indicators, such as Davis New'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 Davis New. Please read more on our technical analysis and fundamental analysis pages.
Davis Selected Advisers, L.P. , the funds investment adviser, uses the Davis Investment Discipline to invest the funds portfolio principally in common stocks issued by large companies with market capitalizations of at least 10 billion. Historically, the fund has invested a significant portion of its assets in financial services companies and in foreign companies, and may also invest in mid- and small- capitalization companies.
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 Davis Mutual Fund
Davis New financial ratios help investors to determine whether Davis 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 Davis with respect to the benefits of owning Davis New security.
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