Global X Financial Statements From 2010 to 2025
| SHLD Etf | USD 67.15 2.10 3.23% |
Check Global X financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global X's main balance sheet or income statement drivers, such as , as well as many indicators such as . Global financial statements analysis is a perfect complement when working with Global X Valuation or Volatility modules.
This module can also supplement Global X's financial leverage analysis and stock options assessment as well as various Global X Technical models . Check out the analysis of Global X Correlation against competitors. Global X Defense ETF Price To Earning Analysis
Global X'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 Global X Price To Earning | 79.14 X |
Most of Global X'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, Global X Defense 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, Global X Defense has a Price To Earning of 79 times. This is much higher than that of the Victory Capital family and significantly higher than that of the Industrials category. The price to earning for all United States etfs is notably lower than that of the firm.
Global X Defense Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global X's current stock value. Our valuation model uses many indicators to compare Global X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global X competition to find correlations between indicators driving Global X's intrinsic value. More Info.Global X Defense is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Global X Defense is roughly 6.69 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Global X by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Global X Financial Statements
Global X stakeholders use historical fundamental indicators, such as Global X's revenue or net income, to determine how well the company is positioned to perform in the future. Although Global X investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global X's assets and liabilities are reflected in the revenues and expenses on Global X's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Global X Defense. Please read more on our technical analysis and fundamental analysis pages.
The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace Defense IndexTM before fees and expenses. Victoryshares Protect is listed under Diversified Wholesale And Retail in the United States and is traded on NYSEArca Exchange exchange.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Global X Defense is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:Check out the analysis of Global X Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Global X Defense is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.