21shares Core Ethereum Etf Fundamentals
| CETH Etf | USD 18.16 1.58 9.53% |
21shares Core Ethereum fundamentals help investors to digest information that contributes to 21shares Core's financial success or failures. It also enables traders to predict the movement of 21shares Etf. The fundamental analysis module provides a way to measure 21shares Core'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 21shares Core etf.
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21shares Core Ethereum ETF Price To Book Analysis
21shares Core's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current 21shares Core Price To Book | 2.00 X |
Most of 21shares Core's fundamental indicators, such as Price To Book, 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, 21shares Core Ethereum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, 21shares Core Ethereum has a Price To Book of 2.0 times. This is much higher than that of the family and significantly higher than that of the Digital Assets category. The price to book for all United States etfs is notably lower than that of the firm.
21shares Core Ethereum Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 21shares Core's current stock value. Our valuation model uses many indicators to compare 21shares Core value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 21shares Core competition to find correlations between indicators driving 21shares Core's intrinsic value. More Info.21shares Core Ethereum is the top ETF in price to book as compared to similar ETFs. It also is the top ETF in price to sales as compared to similar ETFs fabricating about 0.81 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for 21shares Core Ethereum is roughly 1.24 . 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 21shares Core's earnings, one of the primary drivers of an investment's value.Did you try this?
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21shares Fundamentals
| Profit Margin | 1.77 % | |||
| Operating Margin | 9.44 % | |||
| Current Valuation | 12.11 M | |||
| Shares Outstanding | 190 M | |||
| Shares Owned By Insiders | 93.00 % | |||
| Price To Book | 2.00 X | |||
| Price To Sales | 1.61 X | |||
| Revenue | 4.73 M | |||
| Gross Profit | 367.81 K | |||
| EBITDA | 661.22 K | |||
| Net Income | 83.85 K | |||
| Cash And Equivalents | 4.87 K | |||
| Total Debt | 4.52 M | |||
| Debt To Equity | 119.10 % | |||
| Current Ratio | 0.81 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | 873.13 K | |||
| Number Of Employees | 270 | |||
| Market Capitalization | 7.6 M | |||
| Total Asset | 16.48 M | |||
| Retained Earnings | 2.32 M | |||
| Working Capital | (2.42 M) | |||
| Current Asset | 10.27 M | |||
| Current Liabilities | 12.69 M |
About 21shares Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 21shares Core Ethereum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 21shares Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 21shares Core Ethereum 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.China Energy Technology Corp., Ltd. designs, manufactures, and sells solar water heaters and related solar products. China Energy Technology Corp., Ltd. was founded in 2009 and is based in Bengbu, China. China Energy is traded on OTC Market in USA.
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When determining whether 21shares Core Ethereum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 21shares Core's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 21shares Core Ethereum Etf. Outlined below are crucial reports that will aid in making a well-informed decision on 21shares Core Ethereum Etf:Check out 21shares Core Piotroski F Score and 21shares Core Altman Z Score analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of 21shares Core Ethereum is measured differently than its book value, which is the value of 21shares that is recorded on the company's balance sheet. Investors also form their own opinion of 21shares Core's value that differs from its market value or its book value, called intrinsic value, which is 21shares Core'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 21shares Core's market value can be influenced by many factors that don't directly affect 21shares Core'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 21shares Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if 21shares Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 21shares Core'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.