Power Line Price To Sales vs. Cash Per Share
| PLE Stock | THB 0.35 0.02 5.41% |
For Power Line profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Power Line to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Power Line Engineering utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Power Line's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Power Line Engineering over time as well as its relative position and ranking within its peers.
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Power Line Engineering Cash Per Share vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Power Line's current stock value. Our valuation model uses many indicators to compare Power Line value to that of its competitors to determine the firm's financial worth. Power Line Engineering 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 cash per share category among its peers fabricating about 5.00 of Cash Per Share 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 Power Line's earnings, one of the primary drivers of an investment's value.Power Cash Per Share 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.
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| = | 0.12 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.60 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Power Cash Per Share Comparison
Power Line is currently under evaluation in cash per share category among its peers.
Power Line Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Power Line, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Power Line will eventually generate negative long term returns. The profitability progress is the general direction of Power Line's change in net profit over the period of time. It can combine multiple indicators of Power Line, 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.
Power Line Engineering Public Company Limited, together with its subsidiaries, engages in the design, engineering, and installation of mechanical and electrical systems for private and government sectors in Thailand and internationally. The company was founded in 1988 and is headquartered in Bangkok, Thailand. POWER LINE operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.
Power Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Power Line. 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 Power Line 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 Power Line's important profitability drivers and their relationship over time.
Use Power Line 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 Power Line 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 Power Line will appreciate offsetting losses from the drop in the long position's value.Power Line Pair Trading
Power Line Engineering Pair Trading Analysis
The ability to find closely correlated positions to Power Line could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Power Line 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 Power Line - 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 Power Line Engineering to buy it.
The correlation of Power Line 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 Power Line moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power Line Engineering 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 Power Line 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 Power Line position
In addition to having Power Line 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 Restaraunts Hotels Motels Thematic Idea Now
Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Other Information on Investing in Power Stock
To fully project Power Line's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Power Line Engineering 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 Power Line's income statement, its balance sheet, and the statement of cash flows.