Spectrum Income Financial Statements From 2010 to 2024
| RPSIX Fund | USD 11.34 0.02 0.18% |
Check Spectrum Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spectrum Income'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 Income Valuation or Volatility modules.
Spectrum |
Spectrum Income Fund Mutual Fund Price To Earning Analysis
Spectrum Income'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 Income Price To Earning | 17.46 X |
Most of Spectrum Income'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 Income 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 Income Fund has a Price To Earning of 17.46 times. This is 155.26% higher than that of the T. Rowe Price family and significantly higher than that of the Multisector Bond category. The price to earning for all United States funds is notably lower than that of the firm.
Spectrum Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spectrum Income's current stock value. Our valuation model uses many indicators to compare Spectrum Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spectrum Income competition to find correlations between indicators driving Spectrum Income's intrinsic value. More Info.Spectrum Income 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 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Spectrum Income Fund is roughly 9.39 . 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 Income's earnings, one of the primary drivers of an investment's value.About Spectrum Income Financial Statements
Spectrum Income investors use historical fundamental indicators, such as Spectrum Income'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 Income. Please read more on our technical analysis and fundamental analysis pages.
The fund is a fund of funds that seeks to achieve its objective by investing in a mix of other T. Rowe Price funds that generally seek to generate income from their investments. The fund broadly diversifies its assets among underlying funds representing specific market segments by normally investing in a variety of U.S. and international bond funds, including emerging market bond funds, money market funds, and income-oriented stock funds.
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 Income 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 Income security.
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