Precise Biometrics Price To Earning vs. Net Income
Precise Biometrics Net Income vs. Price To Earning Fundamental Analysis
Sector multiples frame Precise Biometrics's current valuation context. Precise Biometrics AB earns the top ranking in price to earning relative to competitors. It also earns the top ranking in net income relative to competitors . Relative valuation techniques benchmark Precise Biometrics across industry multiples.Precise Net Income vs. Price To Earning
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. 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.
Precise Biometrics |
| = | 32.08 X |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Precise Biometrics |
| = | -13.45 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Precise Net Income Comparison
Precise Biometrics is currently under evaluation in net income relative to competitors.
Precise Biometrics Profitability Projections
Without lasting profits, Precise Biometrics would in time produce negative long-term returns for its investors. Profit progress for Precise Biometrics blends several ratios, where stable trends suggest steady results. Precise Biometrics currently maintains a profit margin of -15.5%. Profits that lean heavily on non-core items may not last in the long run. The operating margin stands at -12.5% while return on equity is -11.9%.
Precise Biometrics AB develops and sells biometric authentication solutions for peoples digital identity and fingerprints in mobile phones and smart cards. Precise Biometrics AB was founded in 1997 and is headquartered in Lund, Sweden. Precise Biometrics operates under Security Protection Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people.
Precise Profitability Driver Comparison
Understanding Precise Biometrics' profitability drivers is essential for assessing the sustainability of its earnings. Despite unpredictable events, investors who monitor Precise Biometrics' key drivers are better positioned to respond quickly. Tracking Precise Biometrics' profitability drivers over multiple quarters reveals the direction of its financial trajectory.
Earnings per Share Projection vs Actual
Use Precise Biometrics in pair-trading
Using Precise Biometrics in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
Precise Biometrics Pair Trading
Precise Biometrics AB Pair Trading Analysis
Correlation analysis helps find suitable substitutes for Precise Biometrics during tax-loss harvesting periods. Instruments with correlation above 0.9 to Precise Biometrics AB typically provide adequate exposure during the waiting period. Assets with similar factor exposures to Precise Biometrics AB provide the most accurate substitution during harvesting.
Measuring the statistical correlation of Precise Biometrics against other instruments provides diversification context. A correlation of -1 means two assets move in exactly opposite directions, creating a near-perfect hedge. Statistical correlation between Precise Biometrics and its peers is essential input for portfolio optimization.
The Correlation analysis framework supports pair trading and hedging evaluation for Precise Biometrics. All observations are drawn from recorded market transactions and price feeds.Use Investing Themes to Complement your Precise Biometrics position
Precise Biometrics AB operates in Industrials/Security & Protection Services at 221.87 Million market cap - a thematic view expands this smaller-cap position into a broader portfolio concept. Precise Biometrics AB smaller-cap scale (221.87 Million) within Security & Protection Services helps compare substitutes, complements, and diversifiers that strengthen the overall Industrials allocation.
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