Utilities Price to Book

XLU
 Etf
  

USD 70.63  0.40  0.56%   

Utilities Select Sector fundamentals help investors to digest information that contributes to Utilities Select's financial success or failures. It also enables traders to predict the movement of Utilities Etf. The fundamental analysis module provides a way to measure Utilities Select'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 Utilities Select etf.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Utilities Price to Book Analysis

Utilities Select's 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.
P/B 
 = 
MV Per Share 
BV Per Share 
More About Price to Book | All Equity Analysis

Current Utilities Select Price to Book

    
  1.74 X  
Most of Utilities Select's fundamental indicators, such as Price to Book, 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, Utilities Select Sector is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Compare to competition

Utilities Select Price to Book Component Assessment

Based on the latest financial disclosure, the price to book indicator of Utilities Select Sector is roughly 1.74 times. This is 77.55% higher than that of the Category family and significantly higher than that of the Utilities category. The price to book for all United States etfs is notably lower than that of the firm.

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Fund Asset Allocation for Utilities Select

The fund invests 99.83% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
   Value   
       Instrument Type  

Utilities Fundamentals

About Utilities Select Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Utilities Select Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Utilities Select using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Utilities Select Sector 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.
In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEARCA Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in Utilities Select 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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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.
Check out Utilities Select Piotroski F Score and Utilities Select Altman Z Score analysis. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Utilities Select Sector price analysis, check to measure Utilities Select'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 Utilities Select is operating at the current time. Most of Utilities Select's value examination focuses on studying past and present price action to predict the probability of Utilities Select's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Utilities Select's price. Additionally, you may evaluate how the addition of Utilities Select to your portfolios can decrease your overall portfolio volatility.
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The market value of Utilities Select Sector is measured differently than its book value, which is the value of Utilities that is recorded on the company's balance sheet. Investors also form their own opinion of Utilities Select's value that differs from its market value or its book value, called intrinsic value, which is Utilities Select'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 Utilities Select's market value can be influenced by many factors that don't directly affect Utilities Select'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 Utilities Select's value and its price as these two are different measures arrived at by different means. Investors typically determine Utilities Select value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Utilities Select'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.