Nedbank Group Price To Sales vs. Shares Outstanding
| 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 Shares Outstanding vs. Price To Sales 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 sales category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 4,562,893,184 of Shares Outstanding per Price To Sales. 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 Shares Outstanding vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Nedbank Group |
| = | 0.11 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Nedbank Group |
| = | 487.32 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Nedbank Shares Outstanding Comparison
Nedbank Group is currently under evaluation in shares outstanding 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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Use Investing Themes to Complement your Nedbank Group position
In addition to having Nedbank Group 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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Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 38 constituents at this 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.