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CI Investment Grade Bond ETF (TSX:FIG) Valuation Rank


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What is CI Investment Grade Bond ETF 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.


CI Investment Grade Bond ETF Valuation Rank Related Terms

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CI Investment Grade Bond ETF (TSX:FIG) Business Description

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Marret Investment Grade Bond Fund is a closed-end investment fund. Its investment objective is to provide holders of units with attractive monthly tax advantaged cash distributions and to maximize the total return for unitholders.