Ngl Energy Partners Preferred Stock Price To Earning

NGL-PC Preferred Stock  USD 24.45  0.01  0.04%   
NGL Energy Partners fundamentals help investors to digest information that contributes to NGL Energy's financial success or failures. It also enables traders to predict the movement of NGL Preferred Stock. The fundamental analysis module provides a way to measure NGL Energy'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 NGL Energy preferred 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.

NGL Energy Partners Company Price To Earning Analysis

NGL Energy'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

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Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current NGL Energy Price To Earning

    
  12.64 X  
Most of NGL Energy'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, NGL Energy Partners 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, NGL Energy Partners has a Price To Earning of 12.64 times. This is 63.28% lower than that of the Energy sector and 72.86% lower than that of the Oil & Gas Refining & Marketing industry. The price to earning for all United States preferred stocks is 55.99% higher than that of the company.

NGL Price To Earning Peer Comparison

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

NGL Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NGL Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NGL Energy's managers, analysts, and investors.
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NGL Fundamentals

About NGL Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NGL Energy Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NGL Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NGL Energy Partners 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.

Also Currently Popular

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.

Other Information on Investing in NGL Preferred Stock

NGL Energy financial ratios help investors to determine whether NGL Preferred Stock 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 NGL with respect to the benefits of owning NGL Energy security.