Grand Prix Gross Profit vs. Price To Earning
| GPI Stock | THB 1.62 0.03 1.82% |
For Grand Prix profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grand Prix to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grand Prix International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grand Prix's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grand Prix International over time as well as its relative position and ranking within its peers.
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Grand Prix International Price To Earning vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grand Prix's current stock value. Our valuation model uses many indicators to compare Grand Prix value to that of its competitors to determine the firm's financial worth. Grand Prix International is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in price to earning category among its peers . The ratio of Gross Profit to Price To Earning for Grand Prix International is about 31,842,734 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Grand Prix's earnings, one of the primary drivers of an investment's value.Grand Price To Earning vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Grand Prix |
| = | 206.98 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Grand Prix |
| = | 6.50 X |
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.
Grand Price To Earning Comparison
Grand Prix is currently under evaluation in price to earning category among its peers.
Grand Prix Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grand Prix, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grand Prix will eventually generate negative long term returns. The profitability progress is the general direction of Grand Prix's change in net profit over the period of time. It can combine multiple indicators of Grand Prix, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Grand Prix International Public Company Limited operates automotive-related exhibitions in Thailand and internationally. Grand Prix International Public Company Limited was founded in 1970 and is headquartered in Bangkok, Thailand. GRAND PRIX operates under Advertising Agencies classification in Thailand and is traded on Stock Exchange of Thailand.
Grand Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grand Prix. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Grand Prix position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Grand Prix's important profitability drivers and their relationship over time.
Use Grand Prix in pair-trading
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 Grand Prix 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 Grand Prix will appreciate offsetting losses from the drop in the long position's value.Grand Prix Pair Trading
Grand Prix International Pair Trading Analysis
The ability to find closely correlated positions to Grand Prix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grand Prix 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 Grand Prix - 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 Grand Prix International to buy it.
The correlation of Grand Prix 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 Grand Prix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grand Prix International 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 Grand Prix 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.Use Investing Themes to Complement your Grand Prix position
In addition to having Grand Prix in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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Other Information on Investing in Grand Stock
To fully project Grand Prix's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grand Prix International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Grand Prix's income statement, its balance sheet, and the statement of cash flows.