Nedbank Group Price To Earning vs. Return On Equity
| NDBKF Stock | USD 16.92 0.00 0.00% |
For Nedbank Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nedbank Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nedbank Group Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nedbank Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nedbank Group Limited over time as well as its relative position and ranking within its peers.
Nedbank |
Nedbank Group Limited Return On Equity vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nedbank Group's current stock value. Our valuation model uses many indicators to compare Nedbank Group value to that of its competitors to determine the firm's financial worth. Nedbank Group Limited is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in return on equity category among its peers . The ratio of Price To Earning to Return On Equity for Nedbank Group Limited is about 211.57 . 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 Nedbank Group's earnings, one of the primary drivers of an investment's value.Nedbank Return On Equity vs. Price To Earning
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.
Nedbank Group |
| = | 26.89 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Nedbank Group |
| = | 0.13 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Nedbank Return On Equity Comparison
Nedbank Group is currently under evaluation in return on equity category among its peers.
Nedbank Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nedbank Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nedbank Group will eventually generate negative long term returns. The profitability progress is the general direction of Nedbank Group's change in net profit over the period of time. It can combine multiple indicators of Nedbank Group, 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.
Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. Nedbank Group Limited was founded in 1831 and is headquartered in Sandton, South Africa. Nedbank is traded on OTC Exchange in the United States.
Nedbank Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nedbank Group. 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 Nedbank Group 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 Nedbank Group's important profitability drivers and their relationship over time.
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Other Information on Investing in Nedbank Pink Sheet
To fully project Nedbank Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nedbank Group Limited 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 Nedbank Group's income statement, its balance sheet, and the statement of cash flows.