Elf Beauty Stock Price To Earnings To Growth

ELF Stock  USD 160.53  0.41  0.26%   
ELF Beauty fundamentals help investors to digest information that contributes to ELF Beauty's financial success or failures. It also enables traders to predict the movement of ELF Stock. The fundamental analysis module provides a way to measure ELF Beauty'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 ELF Beauty stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ELF Beauty Company Price To Earnings To Growth Analysis

ELF Beauty's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Current ELF Beauty Price To Earnings To Growth

    
  2.03 X  
Most of ELF Beauty's fundamental indicators, such as Price To Earnings To Growth, 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, ELF Beauty is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ELF Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for ELF Beauty is extremely important. It helps to project a fair market value of ELF Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since ELF Beauty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ELF Beauty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ELF Beauty's interrelated accounts and indicators.
0.970.74-0.92-0.730.24-0.90.910.77-0.870.49-0.58-0.46-0.180.99-0.52-0.950.940.160.8-0.590.93-0.20.90.70.51
0.970.76-0.94-0.630.13-0.910.880.73-0.890.47-0.68-0.36-0.20.97-0.5-0.910.940.110.74-0.50.92-0.110.920.670.51
0.740.76-0.69-0.490.29-0.550.740.54-0.580.9-0.52-0.29-0.370.74-0.34-0.660.720.30.44-0.420.7-0.10.710.520.4
-0.92-0.94-0.690.43-0.160.92-0.85-0.670.92-0.350.680.310.29-0.930.520.81-0.860.06-0.660.42-0.960.13-0.98-0.69-0.5
-0.73-0.63-0.490.43-0.270.45-0.63-0.530.37-0.50.230.58-0.02-0.680.410.84-0.7-0.45-0.760.66-0.520.33-0.42-0.57-0.46
0.240.130.29-0.16-0.27-0.010.53-0.170.00.320.36-0.29-0.470.34-0.49-0.13-0.01-0.3-0.01-0.590.130.10.260.020.01
-0.9-0.91-0.550.920.45-0.01-0.78-0.840.99-0.190.730.290.2-0.870.50.83-0.910.08-0.730.44-0.940.21-0.91-0.64-0.44
0.910.880.74-0.85-0.630.53-0.780.55-0.770.5-0.46-0.49-0.40.95-0.66-0.830.79-0.080.62-0.720.84-0.120.890.590.43
0.770.730.54-0.67-0.53-0.17-0.840.55-0.830.35-0.67-0.260.00.67-0.24-0.770.880.30.74-0.330.81-0.410.640.60.38
-0.87-0.89-0.580.920.370.00.99-0.77-0.83-0.220.760.260.25-0.850.480.79-0.890.11-0.690.4-0.950.21-0.92-0.62-0.43
0.490.470.9-0.35-0.50.32-0.190.50.35-0.22-0.23-0.32-0.280.48-0.17-0.470.470.520.29-0.350.39-0.10.370.340.27
-0.58-0.68-0.520.680.230.360.73-0.46-0.670.76-0.230.10.29-0.530.390.64-0.780.05-0.520.25-0.750.46-0.69-0.68-0.53
-0.46-0.36-0.290.310.58-0.290.29-0.49-0.260.26-0.320.10.35-0.460.550.55-0.39-0.13-0.670.73-0.360.39-0.34-0.46-0.48
-0.18-0.2-0.370.29-0.02-0.470.2-0.40.00.25-0.280.290.35-0.260.820.16-0.140.59-0.030.55-0.290.14-0.43-0.15-0.15
0.990.970.74-0.93-0.680.34-0.870.950.67-0.850.48-0.53-0.46-0.26-0.58-0.910.890.060.74-0.610.91-0.110.930.660.49
-0.52-0.5-0.340.520.41-0.490.5-0.66-0.240.48-0.170.390.550.82-0.580.56-0.450.53-0.420.8-0.530.25-0.62-0.39-0.35
-0.95-0.91-0.660.810.84-0.130.83-0.83-0.770.79-0.470.640.550.16-0.910.56-0.96-0.22-0.880.65-0.870.39-0.8-0.77-0.6
0.940.940.72-0.86-0.7-0.01-0.910.790.88-0.890.47-0.78-0.39-0.140.89-0.45-0.960.230.83-0.520.94-0.390.850.780.58
0.160.110.30.06-0.45-0.30.08-0.080.30.110.520.05-0.130.590.060.53-0.220.230.270.190.01-0.11-0.170.170.1
0.80.740.44-0.66-0.76-0.01-0.730.620.74-0.690.29-0.52-0.67-0.030.74-0.42-0.880.830.27-0.660.74-0.550.640.810.77
-0.59-0.5-0.420.420.66-0.590.44-0.72-0.330.4-0.350.250.730.55-0.610.80.65-0.520.19-0.66-0.50.45-0.52-0.55-0.6
0.930.920.7-0.96-0.520.13-0.940.840.81-0.950.39-0.75-0.36-0.290.91-0.53-0.870.940.010.74-0.5-0.360.960.790.56
-0.2-0.11-0.10.130.330.10.21-0.12-0.410.21-0.10.460.390.14-0.110.250.39-0.39-0.11-0.550.45-0.36-0.2-0.75-0.71
0.90.920.71-0.98-0.420.26-0.910.890.64-0.920.37-0.69-0.34-0.430.93-0.62-0.80.85-0.170.64-0.520.96-0.20.70.52
0.70.670.52-0.69-0.570.02-0.640.590.6-0.620.34-0.68-0.46-0.150.66-0.39-0.770.780.170.81-0.550.79-0.750.70.9
0.510.510.4-0.5-0.460.01-0.440.430.38-0.430.27-0.53-0.48-0.150.49-0.35-0.60.580.10.77-0.60.56-0.710.520.9
Click cells to compare fundamentals
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Competition

ELF Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

(0.5)

At this time, ELF Beauty's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.
Based on the latest financial disclosure, ELF Beauty has a Price To Earnings To Growth of 2.03 times. This is 40.0% higher than that of the Personal Care Products sector and notably lower than that of the Consumer Staples industry. The price to earnings to growth for all United States stocks is 58.49% higher than that of the company.

ELF Price To Earnings To Growth Peer Comparison

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

ELF Fundamentals

About ELF Beauty Fundamental Analysis

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

ELF Beauty Investors Sentiment

The influence of ELF Beauty's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ELF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ELF Beauty's public news can be used to forecast risks associated with an investment in ELF. The trend in average sentiment can be used to explain how an investor holding ELF can time the market purely based on public headlines and social activities around ELF Beauty. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ELF Beauty's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ELF Beauty's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ELF Beauty's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ELF Beauty.

ELF Beauty Implied Volatility

    
  56.12  
ELF Beauty's implied volatility exposes the market's sentiment of ELF Beauty stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ELF Beauty's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ELF Beauty stock will not fluctuate a lot when ELF Beauty's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ELF Beauty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ELF Beauty's short interest history, or implied volatility extrapolated from ELF Beauty options trading.

Pair Trading with ELF Beauty

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

Moving against ELF Stock

  0.6YSG Yatsen Holding Financial Report 21st of May 2024 PairCorr
  0.56PURE Pure BiosciencePairCorr
  0.52SPCO The StephanPairCorr
The ability to find closely correlated positions to ELF Beauty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ELF Beauty 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 ELF Beauty - 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 ELF Beauty to buy it.
The correlation of ELF Beauty 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 ELF Beauty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ELF Beauty 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 ELF Beauty 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
When determining whether ELF Beauty is a strong investment it is important to analyze ELF Beauty'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 ELF Beauty's future performance. For an informed investment choice regarding ELF Stock, refer to the following important reports:
Check out ELF Beauty Piotroski F Score and ELF Beauty Altman Z Score analysis.
For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for ELF Stock analysis

When running ELF Beauty's price analysis, check to measure ELF Beauty'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 ELF Beauty is operating at the current time. Most of ELF Beauty's value examination focuses on studying past and present price action to predict the probability of ELF Beauty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELF Beauty's price. Additionally, you may evaluate how the addition of ELF Beauty to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Equity Valuation
Check real value of public entities based on technical and fundamental data
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Transaction History
View history of all your transactions and understand their impact on performance
Stocks Directory
Find actively traded stocks across global markets
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is ELF Beauty'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 ELF Beauty. If investors know ELF 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 ELF Beauty 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
0.353
Earnings Share
2.26
Revenue Per Share
16.432
Quarterly Revenue Growth
0.849
Return On Assets
0.108
The market value of ELF Beauty is measured differently than its book value, which is the value of ELF that is recorded on the company's balance sheet. Investors also form their own opinion of ELF Beauty's value that differs from its market value or its book value, called intrinsic value, which is ELF Beauty'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 ELF Beauty's market value can be influenced by many factors that don't directly affect ELF Beauty'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 ELF Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if ELF Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ELF Beauty'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.