What You Can Learn From IDEX Corporations PE
| IEX Stock | USD 206.02 2.77 1.33% |
Slightly above 62% of IDEX's investor base is looking to short. The analysis of overall sentiment of trading IDEX Corporation stock suggests that many investors are alarmed at this time. IDEX's investing sentiment can be driven by a variety of factors including economic data, IDEX's earnings reports, geopolitical events, and overall market trends.
IDEX |
IDEX Corporations price-to-earnings ratio of 32.5x might make it look like a strong sell right...
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IDEX Fundamental Analysis
We analyze IDEX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDEX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDEX 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.
Price To Book
Price To Book Comparative Analysis
IDEX is currently under evaluation in price to book category among its peers. 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.
IDEX Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IDEX stock to make a market-neutral strategy. Peer analysis of IDEX could also be used in its relative valuation, which is a method of valuing IDEX by comparing valuation metrics with similar companies.
Peers
IDEX Related Equities
| EPAC | Enerpac Tool | 0.63 |
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| FLS | Flowserve | 1.27 |
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| FELE | Franklin Electric | 1.71 |
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| DOV | Dover | 1.91 |
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| DCI | Donaldson | 2.10 |
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| GGG | Graco | 2.14 |
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| CR | Crane | 2.17 |
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| IR | Ingersoll Rand | 2.48 |
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| ITT | ITT | 2.71 |
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| WTS | Watts Water | 3.16 |
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| GRC | Gorman Rupp | 3.66 |
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Additional Tools for IDEX Stock Analysis
When running IDEX's price analysis, check to measure IDEX'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 IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.