Allis Electric Price To Earning vs. Price To Sales
| 1514 Stock | TWD 100.00 3.00 2.91% |
For Allis Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allis Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allis Electric Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allis Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allis Electric Co over time as well as its relative position and ranking within its peers.
Allis |
Allis Electric Price To Sales vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allis Electric's current stock value. Our valuation model uses many indicators to compare Allis Electric value to that of its competitors to determine the firm's financial worth. Allis Electric Co is rated below average in price to earning category among its peers. It also is rated below average in price to sales category among its peers fabricating about 0.07 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Allis Electric Co is roughly 13.58 . 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 Allis Electric's earnings, one of the primary drivers of an investment's value.Allis Price To Sales vs. Price To Earning
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.
Allis Electric |
| = | 13.31 X |
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.
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.
Allis Electric |
| = | 0.98 X |
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.
Allis Price To Sales Comparison
Allis Electric is currently under evaluation in price to sales category among its peers.
Allis Electric Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allis Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allis Electric will eventually generate negative long term returns. The profitability progress is the general direction of Allis Electric's change in net profit over the period of time. It can combine multiple indicators of Allis Electric, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
,Ltd. engages in development, production, and sale of transformers, switching devices, and electronic products worldwide. The company was founded in 1968 and is headquartered in Taipei City, Taiwan. ALLIS ELECTRIC operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Allis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allis Electric. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Allis Electric position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Allis Electric's important profitability drivers and their relationship over time.
Use Allis Electric in pair-trading
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 Allis 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 Allis Electric will appreciate offsetting losses from the drop in the long position's value.Allis Electric Pair Trading
Allis Electric Co Pair Trading Analysis
The ability to find closely correlated positions to Allis 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 Allis 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 Allis 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 Allis Electric Co to buy it.
The correlation of Allis 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 Allis Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allis 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 Allis 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.Use Investing Themes to Complement your Allis Electric position
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Additional Tools for Allis Stock Analysis
When running Allis Electric's price analysis, check to measure Allis Electric'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 Allis Electric is operating at the current time. Most of Allis Electric's value examination focuses on studying past and present price action to predict the probability of Allis Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allis Electric's price. Additionally, you may evaluate how the addition of Allis Electric to your portfolios can decrease your overall portfolio volatility.