Evonik Industries Ag Stock Price To Earning

EVK Stock   17.43  0.07  0.40%   
Evonik Industries AG fundamentals help investors to digest information that contributes to Evonik Industries' financial success or failures. It also enables traders to predict the movement of Evonik Stock. The fundamental analysis module provides a way to measure Evonik Industries' 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 Evonik Industries stock.
  
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Evonik Industries AG Company Price To Earning Analysis

Evonik Industries' 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
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, Evonik Industries AG has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Specialty Chemicals industry. The price to earning for all Germany stocks is 100.0% higher than that of the company.

Evonik Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evonik Industries' 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 Evonik Industries could also be used in its relative valuation, which is a method of valuing Evonik Industries by comparing valuation metrics of similar companies.
Evonik Industries is currently under evaluation in price to earning category among its peers.

Evonik Fundamentals

About Evonik Industries Fundamental Analysis

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

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Additional Tools for Evonik Stock Analysis

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