Spdr Spasx Australian Etf Price To Earnings To Growth
| GOVT Etf | 23.83 0.02 0.08% |
SPDR SPASX Australian fundamentals help investors to digest information that contributes to SPDR SPASX's financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR SPASX'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 SPDR SPASX etf.
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SPDR SPASX Australian ETF Price To Earnings To Growth Analysis
SPDR SPASX's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Based on the latest financial disclosure, SPDR SPASX Australian has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Bonds - Australia (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).
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SPDR Fundamentals
| Beta | 1.23 | |||
| One Year Return | 4.30 % | |||
| Three Year Return | (3.80) % | |||
| Five Year Return | (2.30) % | |||
| Ten Year Return | 1.20 % |
About SPDR SPASX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR SPASX Australian's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SPASX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SPASX Australian 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 SPDR Etf
SPDR SPASX financial ratios help investors to determine whether SPDR 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 SPDR with respect to the benefits of owning SPDR SPASX security.