Pax Ellevate Financial Statements From 2010 to 2024
| PXWIX Fund | USD 35.73 0.24 0.68% |
Check Pax Ellevate financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pax Ellevate's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pax financial statements analysis is a perfect complement when working with Pax Ellevate Valuation or Volatility modules.
Pax |
Pax Ellevate Global Mutual Fund Price To Earning Analysis
Pax Ellevate'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 Pax Ellevate Price To Earning | 16.86 X |
Most of Pax Ellevate'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, Pax Ellevate Global 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.
| Competition |
Based on the latest financial disclosure, Pax Ellevate Global has a Price To Earning of 16.86 times. This is much higher than that of the Impax Asset Management family and significantly higher than that of the World Large-Stock Blend category. The price to earning for all United States funds is notably lower than that of the firm.
Pax Ellevate Global Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pax Ellevate's current stock value. Our valuation model uses many indicators to compare Pax Ellevate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pax Ellevate competition to find correlations between indicators driving Pax Ellevate's intrinsic value. More Info.Pax Ellevate Global is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Pax Ellevate Global is roughly 7.99 . 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 Pax Ellevate's earnings, one of the primary drivers of an investment's value.About Pax Ellevate Financial Statements
Pax Ellevate investors use historical fundamental indicators, such as Pax Ellevate's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Pax Ellevate. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to construct a universe of companies around the world that advance and empower women through gender diversity on boards and in senior management, and that promote gender equity in the workplace through policies and practices focused on advancing gender diversity, inclusion and equity. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies that the Adviser has determined are global womens leaders.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pax Mutual Fund
Pax Ellevate financial ratios help investors to determine whether Pax Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pax with respect to the benefits of owning Pax Ellevate security.
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