Advent Claymore Convertible Fund Price To Earning

AVK Fund  USD 11.79  0.11  0.94%   
Advent Claymore Convertible fundamentals help investors to digest information that contributes to Advent Claymore's financial success or failures. It also enables traders to predict the movement of Advent Fund. The fundamental analysis module provides a way to measure Advent Claymore'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 Advent Claymore fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Advent Claymore Convertible Fund Price To Earning Analysis

Advent Claymore'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.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Advent Claymore Price To Earning

    
  10.66 X  
Most of Advent Claymore'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, Advent Claymore Convertible 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, Advent Claymore Convertible has a Price To Earning of 10.66 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States funds is notably lower than that of the firm.

Advent Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advent Claymore's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Advent Claymore could also be used in its relative valuation, which is a method of valuing Advent Claymore by comparing valuation metrics of similar companies.
Advent Claymore is currently under evaluation in price to earning among similar funds.

Advent Fundamentals

About Advent Claymore Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Advent Claymore Convertible's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advent Claymore using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advent Claymore Convertible based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.

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Other Information on Investing in Advent Fund

Advent Claymore financial ratios help investors to determine whether Advent Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Advent with respect to the benefits of owning Advent Claymore security.
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