Ishares Energy Storage Etf Price To Sales
| IBAT Etf | 23.62 0.23 0.98% |
iShares Energy Storage fundamentals help investors to digest information that contributes to IShares Energy'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 Energy'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 Energy etf.
IShares |
iShares Energy Storage ETF Price To Sales Analysis
IShares Energy's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, iShares Energy Storage has a Price To Sales 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 Miscellaneous Sector (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
IShares Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Energy's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Energy could also be used in its relative valuation, which is a method of valuing IShares Energy by comparing valuation metrics of similar companies.IShares Energy is currently under evaluation in price to sales as compared to similar ETFs.
About IShares Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Energy Storage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Energy Storage 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.
Thematic Opportunities
Explore Investment Opportunities
Check out IShares Energy Piotroski F Score and IShares Energy Altman Z Score analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of iShares Energy Storage 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is IShares Energy'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 Energy's market value can be influenced by many factors that don't directly affect IShares Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Energy'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.