Thornburg Strategic Financial Statements From 2010 to 2024
TSIIX Fund | USD 11.47 0.01 0.09% |
Check Thornburg Strategic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thornburg Strategic's main balance sheet or income statement drivers, such as , as well as many indicators such as . Thornburg financial statements analysis is a perfect complement when working with Thornburg Strategic Valuation or Volatility modules.
Thornburg |
Thornburg Strategic Income Mutual Fund Price To Earning Analysis
Thornburg Strategic'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 Thornburg Strategic Price To Earning | 8.68 X |
Most of Thornburg Strategic'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, Thornburg Strategic Income 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, Thornburg Strategic Income has a Price To Earning of 8.68 times. This is much higher than that of the Thornburg family and significantly higher than that of the Multisector Bond category. The price to earning for all United States funds is notably lower than that of the firm.
Thornburg Strategic Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thornburg Strategic's current stock value. Our valuation model uses many indicators to compare Thornburg Strategic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thornburg Strategic competition to find correlations between indicators driving Thornburg Strategic's intrinsic value. More Info.Thornburg Strategic Income 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 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Thornburg Strategic Income is roughly 9.43 . 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 Thornburg Strategic's earnings, one of the primary drivers of an investment's value.About Thornburg Strategic Financial Statements
Thornburg Strategic investors use historical fundamental indicators, such as Thornburg Strategic'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 Thornburg Strategic. Please read more on our technical analysis and fundamental analysis pages.
The investment seeks a high level of current income some long-term capital appreciation is a secondary consideration. Thornburg Strategic is traded on NASDAQ Exchange in the United States.
Also Currently Popular
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 Thornburg Mutual Fund
Thornburg Strategic financial ratios help investors to determine whether Thornburg 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 Thornburg with respect to the benefits of owning Thornburg Strategic security.
Global Correlations Find global opportunities by holding instruments from different markets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |