Pgal Etf Fundamentals
| PGAL Etf | USD 10.32 0.00 0.00% |
PGAL fundamentals help investors to digest information that contributes to PGAL's financial success or failures. It also enables traders to predict the movement of PGAL Etf. The fundamental analysis module provides a way to measure PGAL'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 PGAL etf.
PGAL |
PGAL ETF Price To Earning Analysis
PGAL'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 PGAL Price To Earning | 13.57 X |
Most of PGAL'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, PGAL 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.
CompetitionBased on the latest financial disclosure, PGAL has a Price To Earning of 13.57 times. This is 21.38% higher than that of the Global X Funds family and significantly higher than that of the Miscellaneous Region category. The price to earning for all United States etfs is notably lower than that of the firm.
PGAL Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PGAL's current stock value. Our valuation model uses many indicators to compare PGAL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PGAL competition to find correlations between indicators driving PGAL's intrinsic value. More Info.PGAL is regarded second largest ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for PGAL is roughly 13.85 . Comparative valuation analysis is a catch-all model that can be used if you cannot value PGAL by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PGAL's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 PGAL's earnings, one of the primary drivers of an investment's value.PGAL Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PGAL'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 PGAL could also be used in its relative valuation, which is a method of valuing PGAL by comparing valuation metrics of similar companies.PGAL is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for PGAL
The fund invests 100.98% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides PGAL'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.
PGAL Fundamentals
| Price To Earning | 13.57 X | |||
| Price To Book | 0.98 X | |||
| Price To Sales | 0.60 X | |||
| Number Of Employees | 274 | |||
| Beta | 0.91 | |||
| Total Asset | 16.85 M | |||
| One Year Return | 3.50 % | |||
| Three Year Return | 1.40 % | |||
| Five Year Return | 2.30 % | |||
| Ten Year Return | (1.70) % | |||
| Net Asset | 16.85 M | |||
| Last Dividend Paid | 0.2 | |||
| Equity Positions Weight | 100.98 % |
About PGAL Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PGAL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PGAL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PGAL 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.The fund will invest at least 80 percent of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PGAL using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the PGAL information on this page should be used as a complementary analysis to other PGAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of PGAL is measured differently than its book value, which is the value of PGAL that is recorded on the company's balance sheet. Investors also form their own opinion of PGAL's value that differs from its market value or its book value, called intrinsic value, which is PGAL'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 PGAL's market value can be influenced by many factors that don't directly affect PGAL'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 PGAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGAL'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.