Union Electric Stock Price To Earning

UEPCO Stock  USD 110.00  0.00  0.00%   
Union Electric fundamentals help investors to digest information that contributes to Union Electric's financial success or failures. It also enables traders to predict the movement of Union Pink Sheet. The fundamental analysis module provides a way to measure Union Electric'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 Union Electric pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Union Electric Company Price To Earning Analysis

Union Electric'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.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Union Electric Price To Earning

    
  25.04 X  
Most of Union Electric'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, Union Electric 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, Union Electric has a Price To Earning of 25.04 times. This is 17.09% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The price to earning for all United States stocks is 12.81% higher than that of the company.

Union Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Union Electric's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Union Electric could also be used in its relative valuation, which is a method of valuing Union Electric by comparing valuation metrics of similar companies.
Union Electric is currently under evaluation in price to earning category among its peers.

Union Fundamentals

About Union Electric Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Union Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Union Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Union Electric based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.

Pair Trading with Union Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Union Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Union Electric will appreciate offsetting losses from the drop in the long position's value.

Moving against Union Pink Sheet

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The ability to find closely correlated positions to Union Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Union Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Union Electric to buy it.
The correlation of Union Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Union Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Union Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Union Pink Sheet

Union Electric financial ratios help investors to determine whether Union Pink Sheet 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 Union with respect to the benefits of owning Union Electric security.