Spectra Stock Price To Earning

SSA Stock  CAD 0.22  0.01  4.76%   
Spectra fundamentals help investors to digest information that contributes to Spectra's financial success or failures. It also enables traders to predict the movement of Spectra Stock. The fundamental analysis module provides a way to measure Spectra'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 Spectra stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Spectra Company Price To Earning Analysis

Spectra'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

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Current Spectra Price To Earning

    
  17.50 X  
Most of Spectra'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, Spectra 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

Spectra Retained Earnings

Retained Earnings

(4.41 Million)

Spectra reported Retained Earnings of (4.2 Million) in 2023
Based on the latest financial disclosure, Spectra has a Price To Earning of 17.5 times. This is 29.72% lower than that of the Automobile Components sector and 11.18% higher than that of the Consumer Discretionary industry. The price to earning for all Canada stocks is 39.07% higher than that of the company.

Spectra Price To Earning Peer Comparison

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

Spectra Fundamentals

About Spectra Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Spectra's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spectra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spectra 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Spectra Stock Analysis

When running Spectra's price analysis, check to measure Spectra'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 Spectra is operating at the current time. Most of Spectra's value examination focuses on studying past and present price action to predict the probability of Spectra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra's price. Additionally, you may evaluate how the addition of Spectra to your portfolios can decrease your overall portfolio volatility.