Innovator Etfs Trust Etf Fundamentals
| ACII Etf | USD 25.38 0.17 0.67% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Innovator ETFs' long-term financial health and intrinsic value.
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Innovator ETFs Trust ETF Price To Earning Analysis
Innovator ETFs' 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 Innovator ETFs Price To Earning | 246.50 X |
Most of Innovator ETFs' 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, Innovator ETFs Trust 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, Innovator ETFs Trust has a Price To Earning of 246 times. This is much higher than that of the Financial Services family and significantly higher than that of the Defined Outcome category. The price to earning for all United States etfs is notably lower than that of the firm.
Innovator ETFs Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innovator ETFs's current stock value. Our valuation model uses many indicators to compare Innovator ETFs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovator ETFs competition to find correlations between indicators driving Innovator ETFs's intrinsic value. More Info.Innovator ETFs Trust is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Innovator ETFs Trust is roughly 179.08 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Innovator ETFs' earnings, one of the primary drivers of an investment's value.Innovator Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovator ETFs' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Innovator ETFs could also be used in its relative valuation, which is a method of valuing Innovator ETFs by comparing valuation metrics of similar companies.Innovator ETFs is currently under evaluation in price to earning as compared to similar ETFs.
Innovator Fundamentals
| Current Valuation | 434.04 M | |||
| Shares Outstanding | 34.5 M | |||
| Shares Owned By Institutions | 89.47 % | |||
| Number Of Shares Shorted | 12.03 K | |||
| Price To Earning | 246.50 X | |||
| Price To Book | 1.38 X | |||
| Net Income | 13.68 M | |||
| Cash And Equivalents | 210.32 K | |||
| Total Debt | 92.9 K | |||
| Current Ratio | 0.79 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (1.16 M) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | 0.30 X | |||
| Market Capitalization | 434.27 M | |||
| Total Asset | 345.75 M | |||
| Net Asset | 345.75 M |
About Innovator ETFs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovator ETFs Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator ETFs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator ETFs Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York. Atlas Crest is traded on New York Stock Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether Innovator ETFs Trust is a strong investment it is important to analyze Innovator ETFs' 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 Innovator ETFs' future performance. For an informed investment choice regarding Innovator Etf, refer to the following important reports:Check out Innovator ETFs Piotroski F Score and Innovator ETFs Altman Z Score analysis. 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 Innovator ETFs Trust is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' 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 Innovator ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' 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 Innovator ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' 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.