Virtus Reaves Financial Statements From 2010 to 2025
| UTES Etf | USD 69.08 0.81 1.19% |
Check Virtus Reaves financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus Reaves' main balance sheet or income statement drivers, such as , as well as many indicators such as . Virtus financial statements analysis is a perfect complement when working with Virtus Reaves Valuation or Volatility modules.
Virtus |
Virtus Reaves Utilities ETF Price To Earning Analysis
Virtus Reaves' 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 Virtus Reaves Price To Earning | 19.36 X |
Most of Virtus Reaves' 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, Virtus Reaves Utilities 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, Virtus Reaves Utilities has a Price To Earning of 19.36 times. This is much higher than that of the Virtus family and significantly higher than that of the Utilities category. The price to earning for all United States etfs is notably lower than that of the firm.
Virtus Reaves Utilities Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Virtus Reaves's current stock value. Our valuation model uses many indicators to compare Virtus Reaves value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Reaves competition to find correlations between indicators driving Virtus Reaves's intrinsic value. More Info.Virtus Reaves Utilities is rated second in price to earning as compared to similar ETFs. It is rated second in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Virtus Reaves Utilities is roughly 10.52 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Virtus Reaves 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 Virtus Reaves Financial Statements
Virtus Reaves shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Virtus Reaves investors may analyze each financial statement separately, they are all interrelated. The changes in Virtus Reaves' assets and liabilities, for example, are also reflected in the revenues and expenses on on Virtus Reaves' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund invests not less than 80 percent of its net assets in equity securities of companies in the Utility Sector . Virtus Reaves is traded on NYSEARCA Exchange in the United States.
Thematic Opportunities
Explore Investment Opportunities
Check out the analysis of Virtus Reaves Correlation against competitors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Virtus Reaves Utilities is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus Reaves' value that differs from its market value or its book value, called intrinsic value, which is Virtus Reaves' 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 Virtus Reaves' market value can be influenced by many factors that don't directly affect Virtus Reaves' 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 Virtus Reaves' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus Reaves is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus Reaves' 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.