Principal Active Financial Statements From 2010 to 2025
| YLD Etf | USD 19.51 0.04 0.21% |
Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.02198} |
Check Principal Active financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Principal Active's main balance sheet or income statement drivers, such as , as well as many indicators such as . Principal financial statements analysis is a perfect complement when working with Principal Active Valuation or Volatility modules.
Principal |
Principal Active High ETF Price To Earning Analysis
Principal Active'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 Principal Active Price To Earning | 18.55 X |
Most of Principal Active'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, Principal Active High 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, Principal Active High has a Price To Earning of 18.55 times. This is much higher than that of the Principal Funds family and significantly higher than that of the High Yield Bond category. The price to earning for all United States etfs is notably lower than that of the firm.
Principal Active High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Principal Active's current stock value. Our valuation model uses many indicators to compare Principal Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Principal Active competition to find correlations between indicators driving Principal Active's intrinsic value. More Info.Principal Active High 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 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Principal Active High is roughly 11.17 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Principal Active 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 Principal Active Financial Statements
Principal Active stakeholders use historical fundamental indicators, such as Principal Active's revenue or net income, to determine how well the company is positioned to perform in the future. Although Principal Active investors may analyze each financial statement separately, they are all interrelated. For example, changes in Principal Active's assets and liabilities are reflected in the revenues and expenses on Principal Active'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 Principal Active High. Please read more on our technical analysis and fundamental analysis pages.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus any borrowings for investment purposes, in below-investment grade fixed income securities, such as bonds and bank loans. Principal Edge 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 Principal Active High is a strong investment it is important to analyze Principal Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Principal Active's future performance. For an informed investment choice regarding Principal Etf, refer to the following important reports:Check out the analysis of Principal Active Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Principal Active High is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Active's value that differs from its market value or its book value, called intrinsic value, which is Principal Active'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 Principal Active's market value can be influenced by many factors that don't directly affect Principal Active'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 Principal Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Active'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.