Relative Valuation Lab

Implied price gap for Spdr® Gold Trust vs Ishares Gold Trust

Live view of SEC fundamentals with peer-based benchmarks and implied valuation gaps.

Implied price

Blend averages both multiples when available.

Current vs implied

Current

$421.29

Implied

$957.86

If Spdr® Gold Trust traded at Ishares Gold Trust P/E multiple, the stock price would be $957.86 (vs $421.29).

127.4% ($536.57)

Implied from P/E

$957.86

Implied from P/S

—

Implied price calculator

Apply the selected peer multiple to the target fundamentals.

Target company

GLD

Benchmark peer

IAU

Spdr® Gold Trust fundamentals

Current price

$421.29

EPS (TTM)

111.13

Rev / share

—

Ishares Gold Trust multiples

P/E multiple

8.62x

P/S multiple

N/M

Growth vs value matrix

Bottom-right quadrant is the sweet spot: high growth, low valuation.

EV/Revenue vs growth

Not enough data to plot growth vs value. Add peers with revenue and EV data.

Smart diff metrics

Highlight the winner and flag when premiums are justified.

Metric	GLD	Delta vs IAU	IAU	Context
Revenue growth (LTM)	—	N/A	-475.0%	-
Gross margin	—	N/A	112.1%	Pricing power
EBITDA margin	—	N/A	-1080.7%	Operating leverage
EV/Revenue	—	N/A	N/M	-
P/E	3.81x	55.8% lower	8.62x	-
Net debt / EBITDA	—	N/A	—	Lower leverage

Football field valuation

See where Spdr® Gold Trust trades vs valuation ranges.

Peer implied

$842.58 - $863.41

Historical band

$381.00 - $465.66

DCF range

$4,154.59 - $5,620.92

Value trap detector

Quality signals that explain why a cheap stock might stay cheap.

Piotroski F-Score

Financial strength (0-9).

Spdr® Gold Trust2/9

Partial coverage: 3/9 checks

Ishares Gold Trust3/9

Partial coverage: 4/9 checks

Altman Z-Score

Bankruptcy risk gauge.

Spdr® Gold Trust: not enough data yet.

Ishares Gold Trust: not enough data yet.

Enterprise value bridge

Market cap + debt - cash = EV.

Enterprise value$154.0B

Market cap $154.0BDebt $38.3MCash -—

Risk factor diff (10-K Item 1A)

Unique risks that explain valuation discounts.

SEC text parsing is not configured yet. Connect 10-K text ingestion to compare Item 1A risk factors.

MD&A sentiment pulse

Tracks uncertainty language that often precedes multiple compression.

No MD&A sentiment data found. Enable the filing text analyzer to populate this chart.

GLD CIK: 1222333

IAU CIK: 1278680

Relative Valuation Lab

Implied price gap for Spdr® Gold Trust vs Ishares Gold Trust

Live view of SEC fundamentals with peer-based benchmarks and implied valuation gaps.

Implied price

Blend averages both multiples when available.

Current vs implied

Current

$421.29

Implied

$957.86

If Spdr® Gold Trust traded at Ishares Gold Trust P/E multiple, the stock price would be $957.86 (vs $421.29).

127.4% ($536.57)

Implied from P/E

$957.86

Implied from P/S

—

Implied price calculator

Apply the selected peer multiple to the target fundamentals.

Target company

GLD

Benchmark peer

IAU

Spdr® Gold Trust fundamentals

Current price

$421.29

EPS (TTM)

111.13

Rev / share

—

Ishares Gold Trust multiples

P/E multiple

8.62x

P/S multiple

N/M

Growth vs value matrix

Bottom-right quadrant is the sweet spot: high growth, low valuation.

EV/Revenue vs growth

Not enough data to plot growth vs value. Add peers with revenue and EV data.

Smart diff metrics

Highlight the winner and flag when premiums are justified.

Metric	GLD	Delta vs IAU	IAU	Context
Revenue growth (LTM)	—	N/A	-475.0%	-
Gross margin	—	N/A	112.1%	Pricing power
EBITDA margin	—	N/A	-1080.7%	Operating leverage
EV/Revenue	—	N/A	N/M	-
P/E	3.81x	55.8% lower	8.62x	-
Net debt / EBITDA	—	N/A	—	Lower leverage

Football field valuation

See where Spdr® Gold Trust trades vs valuation ranges.

Peer implied

$842.58 - $863.41

Historical band

$381.00 - $465.66

DCF range

$4,154.59 - $5,620.92

Value trap detector

Quality signals that explain why a cheap stock might stay cheap.

Piotroski F-Score

Financial strength (0-9).

Spdr® Gold Trust2/9

Partial coverage: 3/9 checks

Ishares Gold Trust3/9

Partial coverage: 4/9 checks

Altman Z-Score

Bankruptcy risk gauge.

Spdr® Gold Trust: not enough data yet.

Ishares Gold Trust: not enough data yet.

Enterprise value bridge

Market cap + debt - cash = EV.

Enterprise value$154.0B

Market cap $154.0BDebt $38.3MCash -—

Risk factor diff (10-K Item 1A)

Unique risks that explain valuation discounts.

SEC text parsing is not configured yet. Connect 10-K text ingestion to compare Item 1A risk factors.

MD&A sentiment pulse

Tracks uncertainty language that often precedes multiple compression.

No MD&A sentiment data found. Enable the filing text analyzer to populate this chart.

GLD CIK: 1222333

IAU CIK: 1278680