Ishares Gold Trust Etf Fundamentals
| IAU Etf | USD 49.78 0.09 0.18% |
iShares Gold Trust fundamentals help investors to digest information that contributes to IShares Gold'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 Gold'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 Gold etf.
IShares |
iShares Gold Trust ETF Price To Earning Analysis
IShares Gold'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.
Current IShares Gold Price To Earning | 60.88 X |
Most of IShares Gold's fundamental indicators, such as Price To Earning, 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 Gold Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, iShares Gold Trust has a Price To Earning of 60 times. This is much higher than that of the iShares family and significantly higher than that of the Commodities Focused category. The price to earning for all United States etfs is notably lower than that of the firm.
iShares Gold Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Gold's current stock value. Our valuation model uses many indicators to compare IShares Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Gold competition to find correlations between indicators driving IShares Gold's intrinsic value. More Info.iShares Gold Trust is considered the top ETF in price to earning as compared to similar ETFs. It is rated below average in beta as compared to similar ETFs . The ratio of Price To Earning to Beta for iShares Gold Trust is about 405.87 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares Gold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.IShares Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Gold's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Gold could also be used in its relative valuation, which is a method of valuing IShares Gold by comparing valuation metrics of similar companies.IShares Gold is currently under evaluation in price to earning as compared to similar ETFs.
IShares Fundamentals
| Price To Earning | 60.88 X | |||
| Earnings Per Share | 0.46 X | |||
| Beta | 0.15 | |||
| Market Capitalization | 32.25 B | |||
| Total Asset | 25.74 B | |||
| One Year Return | 30.50 % | |||
| Three Year Return | 13.60 % | |||
| Five Year Return | 12.30 % | |||
| Ten Year Return | 7.90 % | |||
| Net Asset | 25.74 B |
About IShares Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Gold Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Gold Trust 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.The Trust seeks to reflect such performance before payment of the Trusts expenses and liabilities. Ishares Gold is traded on NYSEARCA Exchange in the United States.
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Check out IShares Gold Piotroski F Score and IShares Gold Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of iShares Gold Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Gold's value that differs from its market value or its book value, called intrinsic value, which is IShares Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Gold's market value can be influenced by many factors that don't directly affect IShares Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.