Eventide Healthcare Price To Sales vs. Price To Book
Based on the measurements of profitability obtained from Eventide Healthcare's financial statements, Eventide Healthcare Life may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Eventide Healthcare's ability to earn profits and add value for shareholders.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in rate.
Please note, there is a significant difference between Eventide Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eventide Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eventide Healthcare'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.
For Eventide Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eventide Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eventide Healthcare Life utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eventide Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eventide Healthcare Life over time as well as its relative position and ranking within its peers.
Eventide |
Eventide Healthcare Life Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eventide Healthcare's current stock value. Our valuation model uses many indicators to compare Eventide Healthcare value to that of its competitors to determine the firm's financial worth. Eventide Healthcare Life is one of the top funds in price to sales among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.38 of Price To Book per Price To Sales. The ratio of Price To Sales to Price To Book for Eventide Healthcare Life is roughly 2.63 . 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 Eventide Healthcare's earnings, one of the primary drivers of an investment's value.Eventide Price To Book vs. Price To Sales
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.
Eventide Healthcare |
| = | 8.61 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.
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.
Eventide Healthcare |
| = | 3.27 X |
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.
Eventide Price To Book Comparison
Eventide Healthcare is currently under evaluation in price to book among similar funds.
Eventide Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eventide Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eventide Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Eventide Healthcare's change in net profit over the period of time. It can combine multiple indicators of Eventide Healthcare, 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.
The investment seeks to provide long-term capital appreciation. Eventide Healthcare is traded on NASDAQ Exchange in the United States.
Eventide Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eventide Healthcare. 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 Eventide Healthcare 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 Eventide Healthcare's important profitability drivers and their relationship over time.
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In addition to having Eventide Healthcare in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 46 constituents at this time.
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Other Information on Investing in Eventide Mutual Fund
To fully project Eventide Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eventide Healthcare Life at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Eventide Healthcare's income statement, its balance sheet, and the statement of cash flows.
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