Consumer Discretionary Select Etf Price To Book
| XLY Etf | USD 218.10 3.10 1.44% |
Consumer Discretionary Select fundamentals help investors to digest information that contributes to Consumer Discretionary's financial success or failures. It also enables traders to predict the movement of Consumer Etf. The fundamental analysis module provides a way to measure Consumer Discretionary'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 Consumer Discretionary etf.
Consumer |
Consumer Discretionary Select ETF Price To Book Analysis
Consumer Discretionary'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.
Current Consumer Discretionary Price To Book | 4.78 X |
Most of Consumer Discretionary's fundamental indicators, such as Price To Book, 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, Consumer Discretionary Select is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Consumer Discretionary Price To Book Component Assessment
Based on the latest financial disclosure, Consumer Discretionary Select has a Price To Book of 4.78 times. This is 387.76% higher than that of the Category family and 40.38% higher than that of the Consumer Cyclical category. The price to book for all United States etfs is notably lower than that of the firm.
Consumer Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Consumer Discretionary's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Consumer Discretionary could also be used in its relative valuation, which is a method of valuing Consumer Discretionary by comparing valuation metrics of similar companies.Consumer Discretionary is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for Consumer Discretionary
The fund invests 99.88% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Consumer Discretionary's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Consumer Fundamentals
| Price To Earning | 2.20 X | |||
| Price To Book | 4.78 X | |||
| Price To Sales | 1.53 X | |||
| Gross Profit | 203.77 M | |||
| Earnings Per Share | 7.18 X | |||
| Beta | 1.25 | |||
| Market Capitalization | 17.15 B | |||
| Total Asset | 14.17 B | |||
| One Year Return | 30.80 % | |||
| Three Year Return | 1.90 % | |||
| Five Year Return | 13.60 % | |||
| Ten Year Return | 13.30 % | |||
| Net Asset | 14.17 B | |||
| Last Dividend Paid | 0.3 | |||
| Equity Positions Weight | 99.88 % |
About Consumer Discretionary Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Consumer Discretionary Select's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Consumer Discretionary using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Consumer Discretionary Select 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.
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 Consumer Discretionary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Consumer Discretionary'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 Consumer Discretionary Select Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Consumer Discretionary Select Etf:Check out Consumer Discretionary Piotroski F Score and Consumer Discretionary Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Consumer Discretionary is measured differently than its book value, which is the value of Consumer that is recorded on the company's balance sheet. Investors also form their own opinion of Consumer Discretionary's value that differs from its market value or its book value, called intrinsic value, which is Consumer Discretionary'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 Consumer Discretionary's market value can be influenced by many factors that don't directly affect Consumer Discretionary'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 Consumer Discretionary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Discretionary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Discretionary'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.