Blackrock Etf Trust Etf Price To Earning
| TEK Etf | 25.61 0.28 1.11% |
BlackRock ETF Trust fundamentals help investors to digest information that contributes to BlackRock ETF's financial success or failures. It also enables traders to predict the movement of BlackRock Etf. The fundamental analysis module provides a way to measure BlackRock ETF'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 BlackRock ETF etf.
BlackRock |
BlackRock ETF Trust ETF Price To Earning Analysis
BlackRock ETF'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 BlackRock ETF Price To Earning | 26.63 X |
Most of BlackRock ETF'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, BlackRock ETF Trust 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, BlackRock ETF Trust has a Price To Earning of 26.628 times. This is much higher than that of the family and significantly higher than that of the Technology category. The price to earning for all United States etfs is notably lower than that of the firm.
BlackRock Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackRock ETF's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BlackRock ETF could also be used in its relative valuation, which is a method of valuing BlackRock ETF by comparing valuation metrics of similar companies.BlackRock ETF is currently under evaluation in price to earning as compared to similar ETFs.
BlackRock Fundamentals
| Return On Asset | 0.058 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 2.25 B | |||
| Shares Outstanding | 80.21 M | |||
| Price To Earning | 26.63 X | |||
| Price To Book | 2.40 X | |||
| Price To Sales | 2.18 X | |||
| Revenue | 1.11 B | |||
| Gross Profit | 661.14 M | |||
| EBITDA | 145.61 M | |||
| Net Income | 90.41 M | |||
| Cash And Equivalents | 95.89 M | |||
| Cash Per Share | 1.53 X | |||
| Total Debt | 111.59 M | |||
| Debt To Equity | 0.42 % | |||
| Current Ratio | 2.07 X | |||
| Cash Flow From Operations | 152.68 M | |||
| Earnings Per Share | 1.11 X | |||
| Number Of Employees | 10 | |||
| Market Capitalization | 2.38 B | |||
| Total Asset | 1.41 B | |||
| Retained Earnings | 545.4 M | |||
| Working Capital | 320.39 M | |||
| Current Asset | 619.84 M | |||
| Current Liabilities | 299.45 M |
About BlackRock ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackRock ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackRock ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackRock ETF 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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The market value of BlackRock ETF Trust is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock ETF's value that differs from its market value or its book value, called intrinsic value, which is BlackRock ETF'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 BlackRock ETF's market value can be influenced by many factors that don't directly affect BlackRock ETF'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 BlackRock ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock ETF'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.