Shankara Building Current Valuation vs. Gross Profit
| SHANKARA | 673.95 11.30 1.71% |
For Shankara Building profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shankara Building to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shankara Building Products utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shankara Building's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shankara Building Products over time as well as its relative position and ranking within its peers.
Shankara |
Shankara Building Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shankara Building's current stock value. Our valuation model uses many indicators to compare Shankara Building value to that of its competitors to determine the firm's financial worth. Shankara Building Products is rated fifth in current valuation category among its peers. It is rated below average in gross profit category among its peers fabricating about 0.13 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Shankara Building Products is roughly 7.71 . At this time, Shankara Building's Gross Profit is relatively stable compared to the past year. 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 Shankara Building's earnings, one of the primary drivers of an investment's value.Shankara Current Valuation vs. Competition
Shankara Building Products is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 209.98 Billion. Shankara Building holds roughly 16.89 Billion in current valuation claiming about 8% of stocks in Consumer Discretionary industry.
Shankara Gross Profit vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Shankara Building |
| = | 16.89 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Shankara Building |
| = | 2.19 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Shankara Gross Profit Comparison
Shankara Building is currently under evaluation in gross profit category among its peers.
Shankara Building Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shankara Building, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shankara Building will eventually generate negative long term returns. The profitability progress is the general direction of Shankara Building's change in net profit over the period of time. It can combine multiple indicators of Shankara Building, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 19.4 M | 20.4 M | |
| Operating Income | 1.4 B | 915.5 M | |
| Income Before Tax | 1.1 B | 680 M | |
| Total Other Income Expense Net | -323.4 M | -339.6 M | |
| Net Income | 811.3 M | 648.9 M | |
| Income Tax Expense | 269.7 M | 208.7 M | |
| Net Income From Continuing Ops | 811.3 M | 493.3 M | |
| Net Income Applicable To Common Shares | 308.9 M | 307 M | |
| Interest Income | 9.1 M | 8.6 M | |
| Net Interest Income | -323.4 M | -339.6 M | |
| Change To Netincome | 254.8 M | 363.4 M |
Shankara Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shankara Building. 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 Shankara Building 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 Shankara Building's important profitability drivers and their relationship over time.
Use Shankara Building 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 Shankara Building 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 Shankara Building will appreciate offsetting losses from the drop in the long position's value.Shankara Building Pair Trading
Shankara Building Products Pair Trading Analysis
The ability to find closely correlated positions to Shankara Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shankara Building 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 Shankara Building - 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 Shankara Building Products to buy it.
The correlation of Shankara Building 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 Shankara Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shankara Building 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 Shankara Building 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 Shankara Building position
In addition to having Shankara Building 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
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Additional Tools for Shankara Stock Analysis
When running Shankara Building's price analysis, check to measure Shankara Building's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shankara Building is operating at the current time. Most of Shankara Building's value examination focuses on studying past and present price action to predict the probability of Shankara Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shankara Building's price. Additionally, you may evaluate how the addition of Shankara Building to your portfolios can decrease your overall portfolio volatility.