Elite Education Group Stock Price To Earning

EEIQ Stock

USD 1.00 0.01 1.01%

Elite Education Group fundamentals help investors to digest information that contributes to Elite Education's financial success or failures. It also enables traders to predict the movement of Elite Stock. The fundamental analysis module provides a way to measure Elite Education'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 Elite Education stock.

Total Current Liabilities Other Current Liab

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Elite Education Group Company Price To Earning Analysis

Elite Education'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

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Elite Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Elite Education is extremely important. It helps to project a fair market value of Elite Stock properly, considering its historical fundamentals such as Price To Earning. Since Elite Education's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elite Education's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elite Education's interrelated accounts and indicators.

	Net Tangible Assets	Retained Earnings	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets
Net Tangible Assets		-0.56	0.3	0.83	0.92	0.89	0.96	0.91	-0.74	-0.51	0.81	0.91	0.92	0.75	0.87	0.65
Retained Earnings	-0.56		0.41	-0.13	-0.8	-0.35	-0.5	-0.37	0.74	-0.36	-0.49	-0.37	-0.81	0.03	-0.86	-0.9
Net Receivables	0.3	0.41		0.55	0.04	0.32	0.4	0.57	-0.18	-0.83	-0.11	0.57	0.03	0.78	-0.05	-0.5
Total Current Assets	0.83	-0.13	0.55		0.57	0.9	0.89	0.92	-0.45	-0.83	0.72	0.92	0.57	0.94	0.47	0.2
Common Stock	0.92	-0.8	0.04	0.57		0.74	0.86	0.76	-0.81	-0.18	0.76	0.76	1.0	0.48	0.98	0.84
Property Plant Equipment	0.89	-0.35	0.32	0.9	0.74		0.9	0.88	-0.55	-0.63	0.86	0.88	0.75	0.8	0.63	0.48
Total Assets	0.96	-0.5	0.4	0.89	0.86	0.9		0.98	-0.72	-0.6	0.78	0.98	0.86	0.83	0.8	0.52
Total Stockholder Equity	0.91	-0.37	0.57	0.92	0.76	0.88	0.98		-0.7	-0.71	0.66	1.0	0.76	0.91	0.68	0.35
Current Deferred Revenue	-0.74	0.74	-0.18	-0.45	-0.81	-0.55	-0.72	-0.7		0.06	-0.37	-0.7	-0.82	-0.41	-0.83	-0.64
Net Debt	-0.51	-0.36	-0.83	-0.83	-0.18	-0.63	-0.6	-0.71	0.06		-0.36	-0.71	-0.17	-0.93	-0.06	0.29
Total Liab	0.81	-0.49	-0.11	0.72	0.76	0.86	0.78	0.66	-0.37	-0.36		0.66	0.76	0.52	0.68	0.69
Net Invested Capital	0.91	-0.37	0.57	0.92	0.76	0.88	0.98	1.0	-0.7	-0.71	0.66		0.76	0.91	0.68	0.35
Capital Stock	0.92	-0.81	0.03	0.57	1.0	0.75	0.86	0.76	-0.82	-0.17	0.76	0.76		0.47	0.98	0.84
Net Working Capital	0.75	0.03	0.78	0.94	0.48	0.8	0.83	0.91	-0.41	-0.93	0.52	0.91	0.47		0.37	0.01
Short Term Debt	0.87	-0.86	-0.05	0.47	0.98	0.63	0.8	0.68	-0.83	-0.06	0.68	0.68	0.98	0.37		0.87
Intangible Assets	0.65	-0.9	-0.5	0.2	0.84	0.48	0.52	0.35	-0.64	0.29	0.69	0.35	0.84	0.01	0.87

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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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Predict Elite Education

Elite Retained Earnings

Retained Earnings

(7.76 Million)

Elite Education reported last year Retained Earnings of (8.16 Million)

Based on the latest financial disclosure, Elite Education Group has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Diversified Consumer Services sector and 100.0% lower than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 100.0% higher than that of the company.

Elite Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elite Education'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 Elite Education could also be used in its relative valuation, which is a method of valuing Elite Education by comparing valuation metrics of similar companies.

Elite Education is currently under evaluation in price to earning category among its peers.

Elite Fundamentals

	Return On Equity	-0.57
	Return On Asset	-0.25
	Profit Margin	(1.13) %
	Operating Margin	(1.00) %
	Current Valuation	13.66 M
	Shares Outstanding	13 M
	Shares Owned By Insiders	66.60 %
	Shares Owned By Institutions	0.01 %
	Number Of Shares Shorted	94.42 K
	Price To Book	1.83 X
	Price To Sales	2.01 X
	Revenue	5.71 M
	Gross Profit	4.25 M
	EBITDA	(6.72 M)
	Net Income	(7.17 M)
	Cash And Equivalents	12.93 M
	Cash Per Share	1.17 X
	Total Debt	1.13 M
	Debt To Equity	0.09 %
	Current Ratio	2.49 X
	Book Value Per Share	0.55 X
	Cash Flow From Operations	(5.25 M)
	Short Ratio	0.51 X
	Earnings Per Share	(0.60) X
	Target Price	2.3
	Number Of Employees	38
	Beta	0.88
	Market Capitalization	13 M
	Total Asset	19.21 M
	Retained Earnings	(9.07 M)
	Working Capital	1.83 M
	Net Asset	19.21 M

About Elite Education Fundamental Analysis

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

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 Elite Education 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 Elite Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Elite Stock

0.49	GV	Visionary Education	Pair Corr
0.49	WAFU	Wah Fu Education	Pair Corr
0.44	YQ	17 Education Technology	Pair Corr
0.44	EDU	New Oriental Education	Pair Corr
0.31	EDTK	Skillful Craftsman	Pair Corr

The ability to find closely correlated positions to Elite Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elite Education 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 Elite Education - 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 Elite Education Group to buy it.

The correlation of Elite Education 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 Elite Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elite Education Group 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 Elite Education 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 Correlation Correlation Matching

Additional Tools for Elite Stock Analysis

When running Elite Education's price analysis, check to measure Elite Education'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 Elite Education is operating at the current time. Most of Elite Education's value examination focuses on studying past and present price action to predict the probability of Elite Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Education's price. Additionally, you may evaluate how the addition of Elite Education to your portfolios can decrease your overall portfolio volatility.

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