Prenetics Historical Valuation
PRE Stock | USD 4.48 0.05 1.13% |
Some fundamental drivers such as market cap or Prenetics Global enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Prenetics Global valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Prenetics Global's future value.
Prenetics |
About Prenetics Valuation Data Analysis
Valuation is the financial process of determining what Prenetics Global is worth. Prenetics Global valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Prenetics Global valuation ratios help investors to determine whether Prenetics Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prenetics with respect to the benefits of owning Prenetics Global security.
Prenetics Global Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as Prenetics Global theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Prenetics Global debt, but would also pocket its cash. Enterprise Value is more accurate representation of Prenetics Global value than its market capitalization because it takes into account all of Prenetics Global existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.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 Prenetics Global is a strong investment it is important to analyze Prenetics Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prenetics Global's future performance. For an informed investment choice regarding Prenetics Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prenetics Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Reinsurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prenetics Global. If investors know Prenetics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prenetics Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.73) | Revenue Per Share 1.878 | Quarterly Revenue Growth 0.043 | Return On Assets (0.10) | Return On Equity (0.22) |
The market value of Prenetics Global is measured differently than its book value, which is the value of Prenetics that is recorded on the company's balance sheet. Investors also form their own opinion of Prenetics Global's value that differs from its market value or its book value, called intrinsic value, which is Prenetics Global'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 Prenetics Global's market value can be influenced by many factors that don't directly affect Prenetics Global'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 Prenetics Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prenetics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prenetics Global'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.