Archrock Price to Earning Trend from 2010 to 2022

AROC
 Stock
  

USD 7.64  0.15  1.93%   

Archrock Direct Expenses is projected to decrease significantly based on the last few years of reporting. The past year's Direct Expenses was at 358.92 Million. The current year Consolidated Income is expected to grow to about 30.4 M, whereas Interest Expense is forecasted to decline to about 102.9 M.
  
Check Archrock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Archrock main balance sheet or income statement drivers, such as Direct Expenses of 368.4 M, Consolidated Income of 30.4 M or Cost of Revenue of 486.8 M, as well as many exotic indicators such as Interest Coverage of 1.16, Long Term Debt to Equity of 1.55 or Calculated Tax Rate of 27.35. Archrock financial statements analysis is a perfect complement when working with Archrock Valuation or Volatility modules. It can also supplement Archrock's financial leverage analysis and stock options assessment as well as various Archrock Technical models . Please continue to the analysis of Archrock Correlation against competitors.

Archrock Price to Earning Breakdown

Showing smoothed Price to Earnings Ratio of Archrock with missing and latest data points interpolated. An alternative to [PE] representing the ratio between [Price] and [EPSUSD].Archrock's Price to Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Archrock's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 44.76 X10 Years Trend
   Price to Earnings Ratio   
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       Timeline  

Archrock Price to Earning Regression Statistics

Arithmetic Mean 12.45
Geometric Mean 15.93
Coefficient Of Variation 217.99
Mean Deviation 23.48
Median 14.34
Standard Deviation 27.14
Sample Variance 736.68
Range 80.19
R-Value 0.46
Mean Square Error 632.38
R-Squared 0.21
Significance 0.11
Slope 3.22
Total Sum of Squares 8,840

Archrock Price to Earning History

2012 -35.35
2013 23.43
2014 35.8
2015 -3.88
2016 -16.5
2017 40.39
2018 39.42
2019 14.34
2020 -18.83
2021 41.56
2022 44.83

About Archrock Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Archrock income statement, its balance sheet, and the statement of cash flows. Archrock investors use historical funamental indicators, such as Archrock's Price to Earning, to determine how well the company is positioned to perform in the future. Although Archrock investors may use each financial statement separately, they are all related. The changes in Archrock's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Archrock's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Archrock Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Archrock. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Price to Earnings Ratio 41.56  44.83 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA329.9 M295.4 M
Earnings before Tax39 M42 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Archrock without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Archrock

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 Archrock 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 Archrock will appreciate offsetting losses from the drop in the long position's value.

Moving together with Archrock

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Moving against Archrock

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The ability to find closely correlated positions to Archrock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archrock 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 Archrock - 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 Archrock to buy it.
The correlation of Archrock is a statistical measure of how it moves in relation to other equities. 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 Archrock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archrock 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 Archrock 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.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Archrock Correlation against competitors. Note that the Archrock information on this page should be used as a complementary analysis to other Archrock'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Archrock price analysis, check to measure Archrock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Archrock is operating at the current time. Most of Archrock's value examination focuses on studying past and present price action to predict the probability of Archrock's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Archrock's price. Additionally, you may evaluate how the addition of Archrock to your portfolios can decrease your overall portfolio volatility.
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Is Archrock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Archrock. If investors know Archrock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Archrock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.93
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0313
Return On Equity
0.0378
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock'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 Archrock's market value can be influenced by many factors that don't directly affect Archrock'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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine Archrock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock'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.