Rocket Companies Stock Price To Earnings To Growth
RKT Stock | USD 13.79 0.00 0.00% |
Rocket Companies fundamentals help investors to digest information that contributes to Rocket Companies' financial success or failures. It also enables traders to predict the movement of Rocket Stock. The fundamental analysis module provides a way to measure Rocket Companies' 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 Rocket Companies stock.
Rocket | Price To Earnings To Growth |
Rocket Companies Company Price To Earnings To Growth Analysis
Rocket Companies' 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.
Current Rocket Companies Price To Earnings To Growth | 1.40 X |
Most of Rocket Companies' fundamental indicators, such as Price To Earnings To Growth, 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, Rocket Companies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rocket Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Rocket Companies is extremely important. It helps to project a fair market value of Rocket Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Rocket Companies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rocket Companies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rocket Companies' interrelated accounts and indicators.
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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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Rocket Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Rocket Companies has a Price To Earnings To Growth of 1.399 times. This is 146.95% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The price to earnings to growth for all United States stocks is 71.39% higher than that of the company.
Rocket Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rocket Companies' direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rocket Companies could also be used in its relative valuation, which is a method of valuing Rocket Companies by comparing valuation metrics of similar companies.Rocket Companies is currently under evaluation in price to earnings to growth category among its peers.
Rocket Companies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Rocket Companies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rocket Companies' managers, analysts, and investors.Environmental | Governance | Social |
Rocket Fundamentals
Return On Equity | -0.0291 | |||
Return On Asset | 0.005 | |||
Profit Margin | (0) % | |||
Operating Margin | (0.48) % | |||
Current Valuation | 23.53 B | |||
Shares Outstanding | 138.4 M | |||
Shares Owned By Insiders | 6.75 % | |||
Shares Owned By Institutions | 74.70 % | |||
Number Of Shares Shorted | 19.19 M | |||
Price To Earning | 4.55 X | |||
Price To Book | 3.06 X | |||
Price To Sales | 6.28 X | |||
Revenue | 3.61 B | |||
Gross Profit | 6 B | |||
EBITDA | 67.35 M | |||
Net Income | (15.51 M) | |||
Cash And Equivalents | 722.29 M | |||
Cash Per Share | 6.85 X | |||
Total Debt | 9.56 B | |||
Debt To Equity | 1.31 % | |||
Current Ratio | 4.03 X | |||
Book Value Per Share | 4.50 X | |||
Cash Flow From Operations | 110.33 M | |||
Short Ratio | 6.29 X | |||
Earnings Per Share | 1.80 X | |||
Price To Earnings To Growth | 1.40 X | |||
Target Price | 15.61 | |||
Number Of Employees | 14.7 K | |||
Beta | 2.44 | |||
Market Capitalization | 27.05 B | |||
Total Asset | 19.23 B | |||
Retained Earnings | 284.3 M | |||
Working Capital | 1.07 B | |||
Current Asset | 2.43 B | |||
Current Liabilities | 1.36 B | |||
Net Asset | 19.23 B |
About Rocket Companies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rocket Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rocket Companies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rocket Companies 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.
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Additional Tools for Rocket Stock Analysis
When running Rocket Companies' price analysis, check to measure Rocket Companies' 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 Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.