Sprott Physical Financial Statements From 2010 to 2024
| PHYS Etf | USD 20.26 0.05 0.25% |
Market Capitalization 8.4 B | Enterprise Value Revenue 3.4372 | Earnings Share 0.1 |
Check Sprott Physical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sprott Physical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sprott financial statements analysis is a perfect complement when working with Sprott Physical Valuation or Volatility modules.
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Sprott Physical Gold ETF Price To Earning Analysis
Sprott Physical's 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.
Current Sprott Physical Price To Earning | (8.39) X |
Most of Sprott Physical's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sprott Physical Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, Sprott Physical Gold has a Price To Earning of -8.394 times. This is much lower than that of the Capital Markets family and significantly lower than that of the Financials category. The price to earning for all United States etfs is notably higher than that of the company.
Sprott Physical Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sprott Physical's current stock value. Our valuation model uses many indicators to compare Sprott Physical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sprott Physical competition to find correlations between indicators driving Sprott Physical's intrinsic value. More Info.Sprott Physical Gold is rated below average in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sprott Physical by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Sprott Physical Financial Statements
Sprott Physical shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Sprott Physical investors may analyze each financial statement separately, they are all interrelated. The changes in Sprott Physical's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sprott Physical's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. Sprott Physical is listed under Asset Management in the United States and is traded on NYSEARCA Exchange exchange.
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Check out the analysis of Sprott Physical Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Sprott Physical Gold is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Physical's value that differs from its market value or its book value, called intrinsic value, which is Sprott Physical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott Physical's market value can be influenced by many factors that don't directly affect Sprott Physical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprott Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Physical'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.