Utilico Emerging Markets Trust Plc P/E
What is the P/E of Utilico Emerging Markets Trust Plc?
The P/E of Utilico Emerging Markets Trust Plc is 8.04
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Finance sector on LSE compared to Utilico Emerging Markets Trust Plc
What does Utilico Emerging Markets Trust Plc do?
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors. It primarily invests in value stocks of companies, as well as in convertible securities and bonds of various credit ratings. The fund focuses on businesses with essential service or monopolistic characteristics to create its portfolio. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Total Return Index. The fund was formerly known as Utilico Emerging Markets Limited. Utilico Emerging Markets Trust PLC was formed on July 20, 2005 and is domiciled in United Kingdom.
Companies with p/e similar to Utilico Emerging Markets Trust Plc
- NuVista has P/E of 8.03
- Caisse Régionale de Crédit Agricole Mutuel Toulouse 31 has P/E of 8.03
- New Zealand has P/E of 8.03
- Exxon Mobil has P/E of 8.03
- Eastman Kodak Co has P/E of 8.03
- Acadian Timber has P/E of 8.04
- Utilico Emerging Markets Trust Plc has P/E of 8.04
- Brookfield Business Partners L.P has P/E of 8.04
- Shenzhen International has P/E of 8.04
- Rexel SA has P/E of 8.05
- World Acceptance has P/E of 8.05
- LongiTech Smart has P/E of 8.05
- Eco-Tek has P/E of 8.06