Pioneer Equity Income Fund Price To Book
PEQKX Fund | USD 24.01 0.64 2.60% |
Pioneer Equity Income fundamentals help investors to digest information that contributes to Pioneer Equity's financial success or failures. It also enables traders to predict the movement of Pioneer Mutual Fund. The fundamental analysis module provides a way to measure Pioneer Equity'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 Pioneer Equity mutual fund.
Pioneer |
Pioneer Equity Income Mutual Fund Price To Book Analysis
Pioneer Equity's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Pioneer Equity Price To Book | 2.51 X |
Most of Pioneer Equity's fundamental indicators, such as Price To Book, 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, Pioneer Equity Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, Pioneer Equity Income has a Price To Book of 2.51 times. This is 24.88% higher than that of the Pioneer Investments family and significantly higher than that of the Large Value category. The price to book for all United States funds is notably lower than that of the firm.
Did you try this?
Run Balance Of Power Now
Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
All Next | Launch Module |
Fund Asset Allocation for Pioneer Equity
The fund invests 99.89% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.11%) .Asset allocation divides Pioneer Equity's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Pioneer Fundamentals
Price To Earning | 2.89 X | ||||
Price To Book | 2.51 X | ||||
Price To Sales | 1.64 X | ||||
Total Asset | 1.96 B | ||||
Annual Yield | 0.02 % | ||||
Year To Date Return | 14.33 % | ||||
One Year Return | 16.92 % | ||||
Three Year Return | 5.45 % | ||||
Five Year Return | 7.78 % | ||||
Ten Year Return | 10.60 % | ||||
Net Asset | 2.61 B | ||||
Last Dividend Paid | 0.16 | ||||
Cash Position Weight | 0.11 % | ||||
Equity Positions Weight | 99.89 % |
About Pioneer Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pioneer Equity Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pioneer Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pioneer Equity Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
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 Pioneer Mutual Fund
Pioneer Equity financial ratios help investors to determine whether Pioneer 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 Pioneer with respect to the benefits of owning Pioneer Equity security.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Stocks Directory Find actively traded stocks across global markets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |