Granite Real Total Debt vs. Price To Earning
| GRP-U Stock | USD 53.27 0.40 0.76% |
For Granite Real profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Granite Real to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Granite Real Estate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Granite Real's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Granite Real Estate over time as well as its relative position and ranking within its peers.
Granite |
Granite Real Estate Price To Earning vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Granite Real's current stock value. Our valuation model uses many indicators to compare Granite Real value to that of its competitors to determine the firm's financial worth. Granite Real Estate is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in price to earning category among its peers . The ratio of Total Debt to Price To Earning for Granite Real Estate is about 41,461,463 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Granite Real by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Granite Total Debt vs. Competition
Granite Real Estate is rated as one of the top companies in total debt category among its peers. Total debt of Other industry is currently estimated at about 4.19 Billion. Granite Real retains roughly 424.98 Million in total debt claiming about 10% of all equities under Other industry.
Granite Price To Earning vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Granite Real |
| = | 424.98 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Granite Real |
| = | 10.25 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.
Granite Price To Earning Comparison
Granite Real is currently under evaluation in price to earning category among its peers.
Granite Real Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Granite Real, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Granite Real will eventually generate negative long term returns. The profitability progress is the general direction of Granite Real's change in net profit over the period of time. It can combine multiple indicators of Granite Real, 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.
Granite Real Estate Investment Trust owns and manages industrial, warehouse, and logistics properties in North America and Europe.
Granite Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Granite Real. 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 Granite Real 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 Granite Real's important profitability drivers and their relationship over time.
Use Granite Real 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 Granite Real 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 Granite Real will appreciate offsetting losses from the drop in the long position's value.Granite Real Pair Trading
Granite Real Estate Pair Trading Analysis
The ability to find closely correlated positions to Granite Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Granite Real 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 Granite Real - 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 Granite Real Estate to buy it.
The correlation of Granite Real 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 Granite Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Granite Real Estate 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 Granite Real 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 Granite Real position
In addition to having Granite Real 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?
Run Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 42 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 Oil And Gas Theme or any other thematic opportunities.
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Additional Tools for Granite Stock Analysis
When running Granite Real's price analysis, check to measure Granite Real'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 Granite Real is operating at the current time. Most of Granite Real's value examination focuses on studying past and present price action to predict the probability of Granite Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Real's price. Additionally, you may evaluate how the addition of Granite Real to your portfolios can decrease your overall portfolio volatility.