Piramal Enterprises Net Income vs. Revenue
| PEL Stock | 1,265 23.75 1.91% |
For Piramal Enterprises profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Piramal Enterprises to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Piramal Enterprises Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Piramal Enterprises's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Piramal Enterprises Limited over time as well as its relative position and ranking within its peers.
Piramal |
Piramal Enterprises Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Piramal Enterprises's current stock value. Our valuation model uses many indicators to compare Piramal Enterprises value to that of its competitors to determine the firm's financial worth. Piramal Enterprises Limited is considered to be number one stock in net income category among its peers. It also is rated top company in revenue category among its peers . 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 Piramal Enterprises' earnings, one of the primary drivers of an investment's value.Piramal Revenue vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Piramal Enterprises |
| = | (16.84 B) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Piramal Enterprises |
| = | 60.34 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Piramal Revenue vs Competition
Piramal Enterprises Limited is rated top company in revenue category among its peers. Market size based on revenue of Financials industry is at this time estimated at about 307.67 Billion. Piramal Enterprises retains roughly 60.34 Billion in revenue claiming about 20% of equities under Financials industry.
Piramal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Piramal Enterprises. 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 Piramal Enterprises 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 Piramal Enterprises' important profitability drivers and their relationship over time.
Use Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises will appreciate offsetting losses from the drop in the long position's value.Piramal Enterprises Pair Trading
Piramal Enterprises Limited Pair Trading Analysis
The ability to find closely correlated positions to Piramal Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Piramal Enterprises 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 Piramal Enterprises - 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 Piramal Enterprises Limited to buy it.
The correlation of Piramal Enterprises 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 Piramal Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Piramal Enterprises 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 Piramal Enterprises 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 Piramal Enterprises position
In addition to having Piramal Enterprises 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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Exotic Funds
Funds or Etfs with high minimum investment requirement that manage portfolios of alternative investments such as hedge funds, options, futures, real estate or commodities. The Exotic Funds theme has 45 constituents at this time.
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Other Information on Investing in Piramal Stock
To fully project Piramal Enterprises' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Piramal Enterprises 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 Piramal Enterprises' income statement, its balance sheet, and the statement of cash flows.