Joy Global Stock Price To Earning
Joy Global fundamentals help investors to digest information that contributes to Joy Global's financial success or failures. It also enables traders to predict the movement of Joy Stock. The fundamental analysis module provides a way to measure Joy Global'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 Joy Global stock.
Joy |
Joy Global Company Price To Earning Analysis
Joy Global'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 Joy Global Price To Earning | (150.53) X |
Most of Joy Global'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, Joy Global 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.
CompetitionBased on the latest financial disclosure, Joy Global has a Price To Earning of -150.53 times. This is much higher than that of the sector and significantly lower than that of the Price To Earning industry. The price to earning for all United States stocks is notably higher than that of the company.
Joy Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Joy Global's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Joy Global could also be used in its relative valuation, which is a method of valuing Joy Global by comparing valuation metrics of similar companies.Joy Global is currently under evaluation in price to earning category among related companies.
Joy Fundamentals
| Return On Equity | 0.0014 | |||
| Return On Asset | 0.0597 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 2.54 % | |||
| Current Valuation | 3.56 B | |||
| Shares Outstanding | 98.04 M | |||
| Shares Owned By Insiders | 0.49 % | |||
| Shares Owned By Institutions | 99.51 % | |||
| Number Of Shares Shorted | 6.8 M | |||
| Price To Earning | (150.53) X | |||
| Price To Book | 2.00 X | |||
| Price To Sales | 1.20 X | |||
| Revenue | 2.37 B | |||
| Gross Profit | 515.83 M | |||
| EBITDA | 361.69 M | |||
| Net Income | (58.38 M) | |||
| Cash And Equivalents | 276.71 M | |||
| Cash Per Share | 2.80 X | |||
| Total Debt | 1.01 B | |||
| Debt To Equity | 0.73 % | |||
| Current Ratio | 2.45 X | |||
| Book Value Per Share | 28.05 X | |||
| Cash Flow From Operations | 253.64 M | |||
| Earnings Per Share | (0.19) X | |||
| Number Of Employees | 10 K | |||
| Beta | 2.38 | |||
| Market Capitalization | 2.82 B | |||
| Total Asset | 3.43 B | |||
| Retained Earnings | 3.02 B | |||
| Working Capital | 1.12 B | |||
| Current Asset | 1.89 B | |||
| Current Liabilities | 772.56 M | |||
| Z Score | 1.2 |
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 Joy Global 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, Joy Global's short interest history, or implied volatility extrapolated from Joy Global options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Joy Stock
If you are still planning to invest in Joy Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Joy Global's history and understand the potential risks before investing.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |