Chenghe Acquisition Co Stock Price To Earning
CHEADelisted Stock | USD 10.82 0.02 0.18% |
Chenghe Acquisition Co fundamentals help investors to digest information that contributes to Chenghe Acquisition's financial success or failures. It also enables traders to predict the movement of Chenghe Stock. The fundamental analysis module provides a way to measure Chenghe Acquisition'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 Chenghe Acquisition stock.
Chenghe |
Chenghe Acquisition Co Company Price To Earning Analysis
Chenghe Acquisition'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.
CompetitionBased on the latest financial disclosure, Chenghe Acquisition Co has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The price to earning for all United States stocks is 100.0% higher than that of the company.
Chenghe Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chenghe Acquisition'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 Chenghe Acquisition could also be used in its relative valuation, which is a method of valuing Chenghe Acquisition by comparing valuation metrics of similar companies.Chenghe Acquisition is currently under evaluation in price to earning category among its peers.
Chenghe Fundamentals
Return On Asset | -0.0143 | |||
Current Valuation | 63.04 M | |||
Shares Outstanding | 8.44 M | |||
Shares Owned By Institutions | 12.97 % | |||
Number Of Shares Shorted | 857 | |||
Price To Book | 0.74 X | |||
EBITDA | (649.86 K) | |||
Net Income | 982.84 K | |||
Cash And Equivalents | 702.7 K | |||
Cash Per Share | 0.05 X | |||
Total Debt | 115.84 K | |||
Current Ratio | 0.03 X | |||
Book Value Per Share | (0.53) X | |||
Cash Flow From Operations | (525.1 K) | |||
Short Ratio | 0.01 X | |||
Earnings Per Share | 0.19 X | |||
Market Capitalization | 63.12 M | |||
Total Asset | 120.94 M | |||
Retained Earnings | (3.55 M) | |||
Working Capital | 478.71 K | |||
Net Asset | 120.94 M |
About Chenghe Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chenghe Acquisition Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chenghe Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chenghe Acquisition Co 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.
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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Chenghe Stock
If you are still planning to invest in Chenghe Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Chenghe Acquisition's history and understand the potential risks before investing.
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |