VanEck CEF Financial Statements From 2010 to 2024
| XMPT Etf | USD 22.48 0.07 0.31% |
Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0.38314, Micro=0} |
Check VanEck CEF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VanEck CEF's main balance sheet or income statement drivers, such as , as well as many indicators such as . VanEck financial statements analysis is a perfect complement when working with VanEck CEF Valuation or Volatility modules.
VanEck |
VanEck CEF Municipal ETF Price To Earning Analysis
VanEck CEF'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 VanEck CEF Price To Earning | 8.32 X |
Most of VanEck CEF'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, VanEck CEF Municipal 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, VanEck CEF Municipal has a Price To Earning of 8.32 times. This is 204.76% higher than that of the VanEck family and significantly higher than that of the High Yield Muni category. The price to earning for all United States etfs is 164.13% lower than that of the firm.
VanEck CEF Municipal Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck CEF's current stock value. Our valuation model uses many indicators to compare VanEck CEF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck CEF competition to find correlations between indicators driving VanEck CEF's intrinsic value. More Info.VanEck CEF Municipal is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.96 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck CEF Municipal is roughly 1.04 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VanEck CEF 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 VanEck CEF Financial Statements
VanEck CEF 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 VanEck CEF investors may analyze each financial statement separately, they are all interrelated. The changes in VanEck CEF's assets and liabilities, for example, are also reflected in the revenues and expenses on on VanEck CEF's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund normally invests at least 80 percent of its total assets in investments the income from which is exempt from U.S. federal income tax . Vaneck CEF is traded on BATS Exchange in the United States.
Thematic Opportunities
Explore Investment Opportunities
Check out the analysis of VanEck CEF Correlation against competitors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of VanEck CEF Municipal is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck CEF's value that differs from its market value or its book value, called intrinsic value, which is VanEck CEF'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 VanEck CEF's market value can be influenced by many factors that don't directly affect VanEck CEF'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 VanEck CEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck CEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck CEF'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.