Vanguard Growth Price To Book vs. Price To Earning

VIGAX Fund  USD 210.20  1.87  0.90%   
Considering the key profitability indicators obtained from Vanguard Growth's historical financial statements, Vanguard Growth Index may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Vanguard Growth's ability to earn profits and add value for shareholders.
For Vanguard Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vanguard Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vanguard Growth Index utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vanguard Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vanguard Growth Index over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Vanguard Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Vanguard Growth Index Price To Earning vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Vanguard Growth's current stock value. Our valuation model uses many indicators to compare Vanguard Growth value to that of its competitors to determine the firm's financial worth.
Vanguard Growth Index is presently regarded as number one fund in price to book among similar funds. It also is presently regarded as number one fund in price to earning among similar funds reporting about  0.56  of Price To Earning per Price To Book. The ratio of Price To Book to Price To Earning for Vanguard Growth Index is roughly  1.77 . 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 Vanguard Growth's earnings, one of the primary drivers of an investment's value.

Vanguard Price To Earning vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Vanguard Growth

P/B

 = 

MV Per Share

BV Per Share

 = 
4.27 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.

Vanguard Growth

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
2.41 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.

Vanguard Price To Earning Comparison

Vanguard Growth is currently under evaluation in price to earning among similar funds.

Vanguard Growth Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Vanguard Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vanguard Growth will eventually generate negative long term returns. The profitability progress is the general direction of Vanguard Growth's change in net profit over the period of time. It can combine multiple indicators of Vanguard Growth, 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.
The fund employs an indexing investment approach designed to track the performance of the index, a broadly diversified index predominantly made up of growth stocks of large U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Vanguard Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Vanguard Growth. 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 Vanguard Growth 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 Vanguard Growth's important profitability drivers and their relationship over time.

Use Vanguard Growth 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 Vanguard Growth 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 Vanguard Growth will appreciate offsetting losses from the drop in the long position's value.

Vanguard Growth Pair Trading

Vanguard Growth Index Pair Trading Analysis

The ability to find closely correlated positions to Vanguard Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vanguard Growth 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 Vanguard Growth - 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 Vanguard Growth Index to buy it.
The correlation of Vanguard Growth 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 Vanguard Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vanguard Growth Index 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 Vanguard Growth 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Vanguard Growth position

In addition to having Vanguard Growth 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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Obamacare
Obamacare Theme
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 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 Obamacare Theme or any other thematic opportunities.
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Other Information on Investing in Vanguard Mutual Fund

To fully project Vanguard Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Vanguard Growth Index 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 Vanguard Growth's income statement, its balance sheet, and the statement of cash flows.
Potential Vanguard Growth investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Vanguard Growth investors may work on each financial statement separately, they are all related. The changes in Vanguard Growth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Vanguard Growth's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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