Ishares Gold Trust Etf Price To Sales
| IAU Etf | USD 49.98 0.59 1.17% |
iShares Gold Trust fundamentals help investors to digest information that contributes to IShares Gold's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares Gold etf.
IShares |
iShares Gold Trust ETF Price To Sales Analysis
IShares Gold's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, iShares Gold Trust has a Price To Sales of 0.0 times. This is 100.0% lower than that of the iShares family and about the same as Commodities Focused (which currently averages 0.0) category. The price to sales for all United States etfs is 100.0% higher than that of the company.
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IShares Fundamentals
| Price To Earning | 60.88 X | |||
| Earnings Per Share | 0.46 X | |||
| Beta | 0.18 | |||
| Market Capitalization | 32.25 B | |||
| Total Asset | 25.74 B | |||
| One Year Return | 34.90 % | |||
| Three Year Return | 14.20 % | |||
| Five Year Return | 12.40 % | |||
| Ten Year Return | 7.80 % | |||
| Net Asset | 25.74 B |
About IShares Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Gold Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Gold Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out IShares Gold Piotroski F Score and IShares Gold Altman Z Score analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of iShares Gold Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Gold's value that differs from its market value or its book value, called intrinsic value, which is IShares Gold'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 IShares Gold's market value can be influenced by many factors that don't directly affect IShares Gold'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 IShares Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Gold'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.