WTB Financial Gross Profit vs. Price To Earning
| WTBFB Stock | USD 306.99 0.01 0% |
For WTB Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WTB Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WTB Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WTB Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WTB Financial over time as well as its relative position and ranking within its peers.
WTB |
WTB Financial Price To Earning vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WTB Financial's current stock value. Our valuation model uses many indicators to compare WTB Financial value to that of its competitors to determine the firm's financial worth. WTB Financial is rated first in gross profit category among its peers. It is rated second in price to earning category among its peers . The ratio of Gross Profit to Price To Earning for WTB Financial is about 31,701,107 . Comparative valuation analysis is a catch-all model that can be used if you cannot value WTB Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WTB Financial's Pink Sheet. 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.WTB Price To Earning vs. Gross Profit
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.
WTB Financial |
| = | 357.91 M |
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.
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.
WTB Financial |
| = | 11.29 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.
WTB Price To Earning Comparison
WTB Financial is currently under evaluation in price to earning category among its peers.
WTB Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WTB Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WTB Financial will eventually generate negative long term returns. The profitability progress is the general direction of WTB Financial's change in net profit over the period of time. It can combine multiple indicators of WTB Financial, 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.
Financial Corporation operates as the bank holding company for Washington Trust Bank that provides banking, fiduciary, asset management, mortgage banking, and other financial services to corporate and individual customers. The company was founded in 1902 and is headquartered in Spokane, Washington. W T operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 1095 people.
WTB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WTB Financial. 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 WTB Financial 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 WTB Financial's important profitability drivers and their relationship over time.
Use WTB Financial 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 WTB Financial 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 WTB Financial will appreciate offsetting losses from the drop in the long position's value.WTB Financial Pair Trading
WTB Financial Pair Trading Analysis
The ability to find closely correlated positions to WTB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WTB Financial 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 WTB Financial - 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 WTB Financial to buy it.
The correlation of WTB Financial 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 WTB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WTB Financial 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 WTB Financial 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 WTB Financial position
In addition to having WTB Financial 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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Other Information on Investing in WTB Pink Sheet
To fully project WTB Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WTB Financial 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 WTB Financial's income statement, its balance sheet, and the statement of cash flows.