Prime Road Profit Margin vs. Price To Earning
| PRIME Stock | THB 0.22 0.01 4.35% |
For Prime Road profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prime Road to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prime Road Power utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prime Road's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prime Road Power over time as well as its relative position and ranking within its peers.
Prime |
Prime Road Power Price To Earning vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prime Road's current stock value. Our valuation model uses many indicators to compare Prime Road value to that of its competitors to determine the firm's financial worth. Prime Road Power is regarded third in profit margin category among its peers. It is considered to be number one stock in price to earning category among its peers reporting about 858.13 of Price To Earning per Profit Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value Prime Road by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prime Road's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Prime Price To Earning vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Prime Road |
| = | 0.03 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
Prime Road |
| = | 27.46 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.
Prime Price To Earning Comparison
Prime Road is currently under evaluation in price to earning category among its peers.
Prime Road Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prime Road, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prime Road will eventually generate negative long term returns. The profitability progress is the general direction of Prime Road's change in net profit over the period of time. It can combine multiple indicators of Prime Road, 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.
Prime Road Power Public Company Limited engages in the generation and distribution of electricity from solar energy in Thailand and internationally. Prime Road Power Public Company Limited was founded in 1999 and is based in Bangkok, Thailand. PRIME ROAD operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.
Prime Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prime Road. 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 Prime Road 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 Prime Road's important profitability drivers and their relationship over time.
Use Prime Road 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 Prime Road 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 Prime Road will appreciate offsetting losses from the drop in the long position's value.Prime Road Pair Trading
Prime Road Power Pair Trading Analysis
The ability to find closely correlated positions to Prime Road could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Road 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 Prime Road - 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 Prime Road Power to buy it.
The correlation of Prime Road 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 Prime Road moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Road Power 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 Prime Road 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 Prime Road position
In addition to having Prime Road 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 Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 41 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 Market Neutral Funds Theme or any other thematic opportunities.
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Other Information on Investing in Prime Stock
To fully project Prime Road's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Prime Road Power 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 Prime Road's income statement, its balance sheet, and the statement of cash flows.