Ishares Core Dax Etf Price To Book
| EX14 Etf | EUR 160.76 1.30 0.82% |
iShares Core DAX fundamentals help investors to digest information that contributes to IShares Core's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares 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 IShares Core etf.
IShares |
iShares Core DAX ETF Price To Book Analysis
IShares 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 IShares Core Price To Book | 1.48 X |
Most of IShares 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, iShares Core DAX 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, iShares Core DAX has a Price To Book of 1.48 times. This is much higher than that of the BlackRock Asset Management Deutschland AG - ETF family and significantly higher than that of the Price To Book category. The price to book for all Austria etfs is notably lower than that of the firm.
IShares Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Core's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Core could also be used in its relative valuation, which is a method of valuing IShares Core by comparing valuation metrics of similar companies.IShares Core is rated # 3 ETF in price to book as compared to similar ETFs.
Fund Asset Allocation for IShares Core
The fund invests 99.96% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides IShares Core's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IShares Fundamentals
| Price To Earning | 14.05 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 0.74 X | |||
| Total Asset | 6.25 B | |||
| Annual Yield | 0.60 % | |||
| One Year Return | 15.41 % | |||
| Three Year Return | 2.97 % | |||
| Five Year Return | 8.00 % | |||
| Ten Year Return | 6.31 % | |||
| Net Asset | 6.25 B | |||
| Equity Positions Weight | 99.96 % |
About IShares Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Core DAX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Core DAX 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.
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Other Information on Investing in IShares Etf
IShares Core financial ratios help investors to determine whether IShares Etf 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 IShares with respect to the benefits of owning IShares Core security.