Besalco Sa Stock Price To Earning

BESALCO Stock  CLP 548.00  0.55  0.10%   
Besalco Sa fundamentals help investors to digest information that contributes to Besalco Sa's financial success or failures. It also enables traders to predict the movement of Besalco Stock. The fundamental analysis module provides a way to measure Besalco Sa'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 Besalco Sa stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Besalco Sa Company Price To Earning Analysis

Besalco Sa'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.

P/E

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Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Besalco Sa Price To Earning

    
  19.63 X  
Most of Besalco Sa'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, Besalco Sa 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, Besalco Sa has a Price To Earning of 19.63 times. This indicator is about the same for the Industrials average (which is currently at 19.79) sector and 17.97% lower than that of the Engineering & Construction industry. The price to earning for all Chile stocks is 31.65% higher than that of the company.

Besalco Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Besalco Sa's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Besalco Sa could also be used in its relative valuation, which is a method of valuing Besalco Sa by comparing valuation metrics of similar companies.
Besalco Sa is currently under evaluation in price to earning category among its peers.

Besalco Fundamentals

About Besalco Sa Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Besalco Sa's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Besalco Sa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Besalco Sa 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.

Pair Trading with Besalco Sa

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Besalco Sa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Besalco Sa will appreciate offsetting losses from the drop in the long position's value.

Moving together with Besalco Stock

  0.7AAISA Administradora AmericanaPairCorr
  0.73AFPCAPITAL AFP Capital SAPairCorr

Moving against Besalco Stock

  0.57ANDINAA Embotelladora AndinaPairCorr
The ability to find closely correlated positions to Besalco Sa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Besalco Sa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Besalco Sa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Besalco Sa to buy it.
The correlation of Besalco Sa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Besalco Sa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Besalco Sa moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Besalco Sa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Besalco Stock

Besalco Sa financial ratios help investors to determine whether Besalco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Besalco with respect to the benefits of owning Besalco Sa security.