IShares Global Financial Statements From 2010 to 2024
| WOOD Etf | USD 27.69 0.41 1.46% |
Check IShares Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . IShares financial statements analysis is a perfect complement when working with IShares Global Valuation or Volatility modules.
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iShares Global Timber ETF Price To Earning Analysis
IShares Global'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 IShares Global Price To Earning | 15.30 X |
Most of IShares Global'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, iShares Global Timber 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, iShares Global Timber has a Price To Earning of 15.3 times. This is 8.9% higher than that of the Category family and 8.9% higher than that of the Family category. The price to earning for all Switzerland etfs is notably lower than that of the firm.
iShares Global Timber Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Global's current stock value. Our valuation model uses many indicators to compare IShares Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Global competition to find correlations between indicators driving IShares Global's intrinsic value. More Info.iShares Global Timber is rated fifth in price to earning as compared to similar ETFs. It is rated third in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Global Timber is roughly 9.22 . 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 IShares Global's earnings, one of the primary drivers of an investment's value.About IShares Global Financial Statements
IShares Global investors use historical fundamental indicators, such as IShares Global'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 IShares Global. Please read more on our technical analysis and fundamental analysis pages.
The fund is an exchange traded fund that aims to track the performance of the SP Global Timber Forestry Index as closely as possible. iShares Global is traded on Switzerland Exchange in Switzerland.
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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.Additional Information and Resources on Investing in IShares Etf
When determining whether iShares Global Timber is a strong investment it is important to analyze IShares Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Global's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out the analysis of IShares Global Correlation against competitors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.