Global X Proptech Etf Fundamentals
| PTEC Etf | 35.76 0.51 1.45% |
Global X PropTech fundamentals help investors to digest information that contributes to Global X's financial success or failures. It also enables traders to predict the movement of Global Etf. The fundamental analysis module provides a way to measure Global X'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 Global X etf.
Global |
Global X PropTech ETF Price To Earning Analysis
Global X'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 Global X Price To Earning | (1.46) X |
Most of Global X'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, Global X PropTech 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, Global X PropTech has a Price To Earning of -1.46 times. This is much lower than that of the family and significantly lower than that of the Miscellaneous Sector category. The price to earning for all United States etfs is notably higher than that of the company.
Global X PropTech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global X's current stock value. Our valuation model uses many indicators to compare Global X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global X competition to find correlations between indicators driving Global X's intrinsic value. More Info.Global X PropTech is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Global X's earnings, one of the primary drivers of an investment's value.Global Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global X'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 Global X could also be used in its relative valuation, which is a method of valuing Global X by comparing valuation metrics of similar companies.Global X is currently under evaluation in price to earning as compared to similar ETFs.
Global Fundamentals
| Return On Equity | -2.02 | |||
| Return On Asset | -0.01 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 108.87 M | |||
| Shares Outstanding | 30.08 M | |||
| Price To Earning | (1.46) X | |||
| Price To Book | 4.47 X | |||
| Price To Sales | 1.62 X | |||
| Revenue | 67.7 M | |||
| Gross Profit | 43.24 M | |||
| EBITDA | (66.08 M) | |||
| Net Income | (75.27 M) | |||
| Cash And Equivalents | 35.06 M | |||
| Cash Per Share | (0.50) X | |||
| Total Debt | 638 K | |||
| Debt To Equity | 1.86 % | |||
| Current Ratio | 1.33 X | |||
| Book Value Per Share | 0.82 X | |||
| Cash Flow From Operations | (12.88 M) | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 127.78 M | |||
| Total Asset | 81.54 M | |||
| Retained Earnings | (137.06 M) | |||
| Working Capital | 10.85 M | |||
| Current Asset | 43.76 M | |||
| Current Liabilities | 32.91 M | |||
| One Year Return | 32.20 % |
About Global X Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global X PropTech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global X PropTech 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.Global X is entity of United States. It is traded as Etf on NASDAQ exchange.
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.When determining whether Global X PropTech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global X Proptech Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Proptech Etf:Check out Global X Piotroski F Score and Global X Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Global X PropTech is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.