SPDR SP Financial Statements From 2010 to 2024
| SLYV Etf | USD 95.14 1.91 2.05% |
Check SPDR SP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR SP's main balance sheet or income statement drivers, such as , as well as many indicators such as . SPDR financial statements analysis is a perfect complement when working with SPDR SP Valuation or Volatility modules.
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SPDR SP 600 ETF Price To Earning Analysis
SPDR SP'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 SPDR SP Price To Earning | 25.11 X |
Most of SPDR SP'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, SPDR SP 600 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, SPDR SP 600 has a Price To Earning of 25.11 times. This is 269.26% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Small Value category. The price to earning for all United States etfs is notably lower than that of the firm.
SPDR SP 600 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR SP's current stock value. Our valuation model uses many indicators to compare SPDR SP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR SP competition to find correlations between indicators driving SPDR SP's intrinsic value. More Info.SPDR SP 600 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 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR SP 600 is roughly 15.13 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR SP by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About SPDR SP Financial Statements
SPDR SP investors use historical fundamental indicators, such as SPDR SP'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 SPDR SP. Please read more on our technical analysis and fundamental analysis pages.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SP Smallcap is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of SPDR SP Correlation against competitors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of SPDR SP 600 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.