EVRAZ Plc Price To Earning vs. Price To Book
| EVRZFDelisted Stock | USD 1.22 0.00 0.00% |
For EVRAZ Plc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EVRAZ Plc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EVRAZ Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EVRAZ Plc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EVRAZ Plc over time as well as its relative position and ranking within its peers.
EVRAZ |
EVRAZ Plc Price To Book vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EVRAZ Plc's current stock value. Our valuation model uses many indicators to compare EVRAZ Plc value to that of its competitors to determine the firm's financial worth. EVRAZ Plc is one of the top stocks in price to earning category among related companies. It is one of the top stocks in price to book category among related companies fabricating about 0.41 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for EVRAZ Plc is roughly 2.42 . Comparative valuation analysis is a catch-all model that can be used if you cannot value EVRAZ Plc by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EVRAZ Plc's Stock. 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 EVRAZ Plc's earnings, one of the primary drivers of an investment's value.EVRAZ Price To Book 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.
EVRAZ Plc |
| = | 2.10 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 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.
EVRAZ Plc |
| = | 0.87 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.
EVRAZ Price To Book Comparison
EVRAZ Plc is currently under evaluation in price to book category among related companies.
EVRAZ Plc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EVRAZ Plc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EVRAZ Plc will eventually generate negative long term returns. The profitability progress is the general direction of EVRAZ Plc's change in net profit over the period of time. It can combine multiple indicators of EVRAZ Plc, 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.
EVRAZ plc, together with its subsidiaries, engages in the production and distribution of steel and related products in Russia, the Americas, Asia, Europe, CIS, Africa, and internationally. EVRAZ plc was founded in 1992 and is based in London, the United Kingdom. EVRAZ PLC is traded on PNK Exchange in the United States.
EVRAZ Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EVRAZ Plc. 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 EVRAZ Plc 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 EVRAZ Plc's important profitability drivers and their relationship over time.
Use EVRAZ Plc 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 EVRAZ Plc 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 EVRAZ Plc will appreciate offsetting losses from the drop in the long position's value.EVRAZ Plc Pair Trading
EVRAZ Plc Pair Trading Analysis
The ability to find closely correlated positions to EVRAZ Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EVRAZ Plc 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 EVRAZ Plc - 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 EVRAZ Plc to buy it.
The correlation of EVRAZ Plc 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 EVRAZ Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EVRAZ Plc 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 EVRAZ Plc 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 EVRAZ Plc position
In addition to having EVRAZ Plc 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?
Run Tobacco Products Thematic Idea Now
Tobacco Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Tobacco Products theme has 10 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tobacco Products Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the EVRAZ Plc information on this page should be used as a complementary analysis to other EVRAZ Plc'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 Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in EVRAZ Stock
If you are still planning to invest in EVRAZ Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EVRAZ Plc's history and understand the potential risks before investing.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |