Pure Storage Financials
| 6PU Stock | EUR 50.03 1.49 2.89% |
Pure |
Understanding current and past Pure Storage Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Pure Storage's financial statements are interrelated, with each one affecting the others. For example, an increase in Pure Storage's assets may result in an increase in income on the income statement.
Pure Storage Stock Summary
Pure Storage competes with Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. Pure Storage, Inc. engages in building a data platform that enables businesses to enhance performance and reduce complexity and costs worldwide. Pure Storage, Inc. was founded in 2009 and is headquartered in Mountain View, California. PURE STORAGE operates under Data Storage classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3150 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US74624M1027 |
| Business Address | 650 Castro Street, |
| Sector | Technology |
| Industry | Data Storage |
| Benchmark | Dow Jones Industrial |
| Website | www.purestorage.com |
| Phone | 800 379 7873 |
| Currency | EUR - Euro |
You should never invest in Pure Storage without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Pure Stock, because this is throwing your money away. Analyzing the key information contained in Pure Storage's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Pure Storage Key Financial Ratios
There are many critical financial ratios that Pure Storage's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pure Storage reports annually and quarterly.| Return On Equity | 0.0173 | |||
| Return On Asset | 0.01 | |||
| Target Price | 29.78 | |||
| Beta | 1.23 | |||
| Z Score | 6.0 |
Pure Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pure Storage's current stock value. Our valuation model uses many indicators to compare Pure Storage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pure Storage competition to find correlations between indicators driving Pure Storage's intrinsic value. More Info.Pure Storage is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.58 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pure Storage is roughly 1.73 . 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 Pure Storage's earnings, one of the primary drivers of an investment's value.Pure Storage Systematic Risk
Pure Storage's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pure Storage volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Pure Storage correlated with the market. If Beta is less than 0 Pure Storage generally moves in the opposite direction as compared to the market. If Pure Storage Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pure Storage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pure Storage is generally in the same direction as the market. If Beta > 1 Pure Storage moves generally in the same direction as, but more than the movement of the benchmark.
Pure Storage Thematic Clasifications
Pure Storage is part of Data Storage investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Data Storage. Companies making data storages or providing data storage services
This theme covers Data Storage. Companies making data storages or providing data storage services. Get More Thematic Ideas
| Data Storage | View |
Pure Storage November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Pure Storage help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pure Storage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pure Storage based on widely used predictive technical indicators. In general, we focus on analyzing Pure Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pure Storage's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 15.24 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 4.08 |
Complementary Tools for Pure Stock analysis
When running Pure Storage's price analysis, check to measure Pure Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |