Nedbank Group Stock Price To Earning

NDBKY Stock  USD 16.43  0.11  0.67%   
Nedbank Group fundamentals help investors to digest information that contributes to Nedbank's financial success or failures. It also enables traders to predict the movement of Nedbank Pink Sheet. The fundamental analysis module provides a way to measure Nedbank'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 Nedbank pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nedbank Group Company Price To Earning Analysis

Nedbank'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.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Nedbank Price To Earning

    
  27.59 X  
Most of Nedbank'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, Nedbank Group 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.
Competition

Based on the latest financial disclosure, Nedbank Group has a Price To Earning of 27.59 times. This is 50.93% higher than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The price to earning for all United States stocks is 3.93% higher than that of the company.

Nedbank Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nedbank's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nedbank could also be used in its relative valuation, which is a method of valuing Nedbank by comparing valuation metrics of similar companies.
Nedbank is regarded third in price to earning category among its peers.

Nedbank Fundamentals

About Nedbank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nedbank Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nedbank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nedbank Group based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Nedbank Pink Sheet Analysis

When running Nedbank's price analysis, check to measure Nedbank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nedbank is operating at the current time. Most of Nedbank's value examination focuses on studying past and present price action to predict the probability of Nedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nedbank's price. Additionally, you may evaluate how the addition of Nedbank to your portfolios can decrease your overall portfolio volatility.