Pimco Credit Financial Statements From 2010 to 2024
| PZCRX Fund | USD 9.75 0.01 0.10% |
Check Pimco Credit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pimco Credit's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pimco financial statements analysis is a perfect complement when working with Pimco Credit Valuation or Volatility modules.
Pimco |
Pimco Credit Absolute Mutual Fund Price To Earning Analysis
Pimco Credit'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 Pimco Credit Price To Earning | 11.48 X |
Most of Pimco Credit'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, Pimco Credit Absolute 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, Pimco Credit Absolute has a Price To Earning of 11.48 times. This is 187.0% higher than that of the PIMCO family and significantly higher than that of the Nontraditional Bond category. The price to earning for all United States funds is notably lower than that of the firm.
Pimco Credit Absolute Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pimco Credit's current stock value. Our valuation model uses many indicators to compare Pimco Credit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pimco Credit competition to find correlations between indicators driving Pimco Credit's intrinsic value. More Info.Pimco Credit Absolute 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 0.26 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Pimco Credit Absolute is roughly 3.90 . 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 Pimco Credit's earnings, one of the primary drivers of an investment's value.About Pimco Credit Financial Statements
Pimco Credit investors use historical fundamental indicators, such as Pimco Credit'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 Pimco Credit. Please read more on our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest in both investment grade and high yield securities subject to a maximum of 50 percent of its total assets in securities rated below B- by Moodys, or equivalently rated by SP or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.
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 Pimco Mutual Fund
Pimco Credit financial ratios help investors to determine whether Pimco 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 Pimco with respect to the benefits of owning Pimco Credit security.
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