Washington Federal Preferred Stock Price To Book
| WAFDP Preferred Stock | USD 18.03 0.52 2.97% |
Washington Federal fundamentals help investors to digest information that contributes to Washington Federal's financial success or failures. It also enables traders to predict the movement of Washington Preferred Stock. The fundamental analysis module provides a way to measure Washington Federal'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 Washington Federal preferred stock.
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Washington Federal Company Price To Book Analysis
Washington Federal's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Washington Federal has a Price To Book of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks—Regional (which currently averages 0.0) industry. The price to book for all United States preferred stocks is 100.0% higher than that of the company.
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Washington Federal 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, Washington Federal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Washington Federal's managers, analysts, and investors.Environmental | Governance | Social |
Washington Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0128 | ||||
| Profit Margin | 0.38 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 1.66 B | ||||
| Number Of Shares Shorted | 10.71 K | ||||
| Price To Earning | 7.89 X | ||||
| Revenue | 661.61 M | ||||
| Gross Profit | 657.96 M | ||||
| EBITDA | 435.86 M | ||||
| Net Income | 236.33 M | ||||
| Cash And Equivalents | 683.96 M | ||||
| Cash Per Share | 10.47 X | ||||
| Total Debt | 2.12 B | ||||
| Book Value Per Share | 30.96 X | ||||
| Cash Flow From Operations | 268.46 M | ||||
| Short Ratio | 0.49 X | ||||
| Earnings Per Share | 2.74 X | ||||
| Number Of Employees | 2.14 K | ||||
| Beta | 0.85 | ||||
| Market Capitalization | 2.32 B | ||||
| Total Asset | 20.77 B | ||||
| Z Score | 0.6 | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 20.77 B | ||||
| Last Dividend Paid | 0.72 |
About Washington Federal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Washington Federal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Washington Federal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Washington Federal 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.
Pair Trading with Washington Federal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Washington Federal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Washington Federal will appreciate offsetting losses from the drop in the long position's value.Moving together with Washington Preferred Stock
Moving against Washington Preferred Stock
| 0.54 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.53 | AX | Axos Financial | PairCorr |
| 0.49 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.46 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.34 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Washington Federal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Washington Federal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Washington Federal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Washington Federal to buy it.
The correlation of Washington Federal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Washington Federal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Washington Federal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Washington Federal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Washington Preferred Stock Analysis
When running Washington Federal's price analysis, check to measure Washington Federal'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 Washington Federal is operating at the current time. Most of Washington Federal's value examination focuses on studying past and present price action to predict the probability of Washington Federal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Federal's price. Additionally, you may evaluate how the addition of Washington Federal to your portfolios can decrease your overall portfolio volatility.