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Canoe EITome Fund (TSX:EIT.PR.B.PFD) Valuation Rank


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What is Canoe EITome Fund Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Canoe EITome Fund Valuation Rank Related Terms

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Canoe EITome Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canoe EIT Income Fund (TSX:EIT.PR.B.PFD) » Definitions » Valuation Rank
Comparable Companies
TSX:CIX TSX:FIH.U TSX:BBUC TSX:CYB TSX:UNC TSX:CVG TSX:SII TSX:GCG TSX:SEC TSX:CGI BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
EIT.PR.A.PFD:Canada
Address
421 - 7th Avenue SW, Suite 2750, Calgary, AB, CAN, T2P 4K9
Website
https://www.canoefinancial.com
Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio of high quality securities. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.