Ci Preferred Share Etf Price To Earning
FPR Etf | CAD 22.53 0.05 0.22% |
CI Preferred Share fundamentals help investors to digest information that contributes to CI Preferred's financial success or failures. It also enables traders to predict the movement of FPR Etf. The fundamental analysis module provides a way to measure CI Preferred'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 CI Preferred etf.
FPR |
CI Preferred Share ETF Price To Earning Analysis
CI Preferred'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.
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Based on the latest financial disclosure, CI Preferred Share has a Price To Earning of 0.0 times. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.0) family and about the same as Preferred Share Fixed Income (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
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FPR Fundamentals
Beta | 0.86 | |||
Total Asset | 74.72 M | |||
Annual Yield | 0.06 % | |||
One Year Return | 22.70 % | |||
Three Year Return | 1.70 % | |||
Five Year Return | 6.90 % | |||
Net Asset | 74.72 M | |||
Last Dividend Paid | 0.0768 |
About CI Preferred Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CI Preferred Share's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CI Preferred using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CI Preferred Share 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.
Other Information on Investing in FPR Etf
CI Preferred financial ratios help investors to determine whether FPR 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 FPR with respect to the benefits of owning CI Preferred security.