Spectrum Growth Financial Statements From 2010 to 2024
| PRSGX Fund | USD 28.05 0.14 0.50% |
Check Spectrum Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spectrum Growth's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spectrum financial statements analysis is a perfect complement when working with Spectrum Growth Valuation or Volatility modules.
Spectrum |
Spectrum Growth Fund Mutual Fund Price To Earning Analysis
Spectrum Growth'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 Spectrum Growth Price To Earning | 18.83 X |
Most of Spectrum Growth'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, Spectrum Growth 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, Spectrum Growth Fund has a Price To Earning of 18.83 times. This is 175.29% higher than that of the T. Rowe Price 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.
Spectrum Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spectrum Growth's current stock value. Our valuation model uses many indicators to compare Spectrum Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spectrum Growth competition to find correlations between indicators driving Spectrum Growth's intrinsic value. More Info.Spectrum Growth Fund is regarded second largest fund in price to earning among similar funds. It also is regarded second largest 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 Spectrum Growth Fund is roughly 9.01 . 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 Spectrum Growth's earnings, one of the primary drivers of an investment's value.About Spectrum Growth Financial Statements
Spectrum Growth investors use historical fundamental indicators, such as Spectrum Growth'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 Spectrum Growth. Please read more on our technical analysis and fundamental analysis pages.
The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. It, which normally invests in a variety of U.S. and international equity funds and, from time to time, a money market fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from strong performance in particular market segments over time.
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 Spectrum Mutual Fund
Spectrum Growth financial ratios help investors to determine whether Spectrum 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 Spectrum with respect to the benefits of owning Spectrum Growth security.
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