Absa Bank Limited Stock Price To Earning
| ABSP Stock | 87,702 601.00 0.69% |
ABSA Bank Limited fundamentals help investors to digest information that contributes to ABSA Bank's financial success or failures. It also enables traders to predict the movement of ABSA Stock. The fundamental analysis module provides a way to measure ABSA Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ABSA Bank stock.
ABSA |
ABSA Bank Limited Company Price To Earning Analysis
ABSA Bank'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.
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, ABSA Bank Limited has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks-Regional (which currently averages 0.0) industry. The price to earning for all South Africa stocks is 100.0% higher than that of the company.
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ABSA Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0088 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 410.09 B | |||
| Shares Outstanding | 448.3 M | |||
| Shares Owned By Insiders | 53.44 % | |||
| Shares Owned By Institutions | 25.60 % | |||
| Price To Sales | 0.07 X | |||
| Revenue | 54.12 B | |||
| Gross Profit | 51.9 B | |||
| Net Income | 11.4 B | |||
| Book Value Per Share | 217.06 X | |||
| Cash Flow From Operations | (85.25 B) | |||
| Earnings Per Share | 23.59 X | |||
| Number Of Employees | 25.91 K | |||
| Market Capitalization | 325.02 B | |||
| Annual Yield | 0.07 % | |||
| Last Dividend Paid | 4.46 |
About ABSA Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ABSA Bank Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ABSA Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ABSA Bank Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.Additional Tools for ABSA Stock Analysis
When running ABSA Bank's price analysis, check to measure ABSA Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ABSA Bank is operating at the current time. Most of ABSA Bank's value examination focuses on studying past and present price action to predict the probability of ABSA Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABSA Bank's price. Additionally, you may evaluate how the addition of ABSA Bank to your portfolios can decrease your overall portfolio volatility.