US Global Financial Statements From 2010 to 2024
SEA Etf | USD 16.13 0.17 1.04% |
Check US Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among US Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . SEA financial statements analysis is a perfect complement when working with US Global Valuation or Volatility modules.
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US Global Sea ETF Price To Earning Analysis
US Global'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 US Global Price To Earning | 11.15 X |
Most of US Global'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, US Global Sea 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, US Global Sea has a Price To Earning of 11.15 times. This is much higher than that of the U.S. Global Investors family and significantly higher than that of the Industrials category. The price to earning for all United States etfs is notably lower than that of the firm.
US Global Sea Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining US Global's current stock value. Our valuation model uses many indicators to compare US Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across US Global competition to find correlations between indicators driving US Global's intrinsic value. More Info.US Global Sea is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for US Global Sea is roughly 12.25 . 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 US Global's earnings, one of the primary drivers of an investment's value.About US Global Financial Statements
US Global stakeholders use historical fundamental indicators, such as US Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although US Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in US Global's assets and liabilities are reflected in the revenues and expenses on US Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in US Global Sea. Please read more on our technical analysis and fundamental analysis pages.
The index is composed of the exchange-listed common stock of marine shipping, air freight and courier, and port and harbor operating companies of any size across the globe in developed or emerging markets. US Global is traded on NYSEARCA Exchange in the United States.
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.When determining whether US Global Sea offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Us Global Sea Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Us Global Sea Etf:Check out the analysis of US Global Correlation against competitors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of US Global Sea is measured differently than its book value, which is the value of SEA that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Global's market value can be influenced by many factors that don't directly affect US Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.