Parnassus Endeavor Financial Statements From 2010 to 2024
| PARWX Fund | USD 58.80 0.50 0.86% |
Check Parnassus Endeavor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parnassus Endeavor's main balance sheet or income statement drivers, such as , as well as many indicators such as . Parnassus financial statements analysis is a perfect complement when working with Parnassus Endeavor Valuation or Volatility modules.
Parnassus |
Parnassus Endeavor Fund Mutual Fund Price To Earning Analysis
Parnassus Endeavor'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 Parnassus Endeavor Price To Earning | 15.39 X |
Most of Parnassus Endeavor'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, Parnassus Endeavor 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, Parnassus Endeavor Fund has a Price To Earning of 15.39 times. This is much higher than that of the Parnassus family and significantly higher than that of the Large Value category. The price to earning for all United States funds is notably lower than that of the firm.
Parnassus Endeavor Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parnassus Endeavor's current stock value. Our valuation model uses many indicators to compare Parnassus Endeavor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parnassus Endeavor competition to find correlations between indicators driving Parnassus Endeavor's intrinsic value. More Info.Parnassus Endeavor Fund is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Parnassus Endeavor Fund is roughly 7.00 . 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 Parnassus Endeavor's earnings, one of the primary drivers of an investment's value.About Parnassus Endeavor Financial Statements
Parnassus Endeavor investors use historical fundamental indicators, such as Parnassus Endeavor'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 Parnassus Endeavor. Please read more on our technical analysis and fundamental analysis pages.
The funds objective is to achieve capital appreciation by investing primarily in a diversified portfolio of equity securities. Equity securities include common and preferred stock. These companies must, in the advisers opinion, be undervalued, but they must also have good prospects for long-term capital appreciation over the course of the expected holding period.
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 Parnassus Mutual Fund
Parnassus Endeavor financial ratios help investors to determine whether Parnassus 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 Parnassus with respect to the benefits of owning Parnassus Endeavor security.
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