Allstate Price To Sales Ratio vs Capex To Depreciation Analysis

ALL Stock  USD 208.20  0.33  0.16%   
Allstate financial indicator trend analysis is way more than just evaluating Allstate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allstate is a good investment. Please check the relationship between Allstate Price To Sales Ratio and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Price To Sales Ratio vs Capex To Depreciation

Price To Sales Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Allstate's Price To Sales Ratio and Capex To Depreciation is -0.43. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of The Allstate, assuming nothing else is changed. The correlation between historical values of Allstate's Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of The Allstate are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Allstate's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Allstate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Allstate sales, a figure that is much harder to manipulate than other The Allstate multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Allstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allstate current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Allstate's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 65.67 this year, although the value of Selling General Administrative will most likely fall to about 8.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit43.3B44.0B50.0B33.9B
Total Revenue50.6B51.4B57.1B37.0B

Allstate fundamental ratios Correlations

0.750.470.490.54-0.04-0.38-0.40.570.580.010.580.160.230.47-0.180.320.340.770.350.560.36-0.15-0.04-0.060.02
0.750.590.760.520.13-0.64-0.570.670.73-0.170.05-0.31-0.180.21-0.220.640.680.630.590.640.240.24-0.06-0.150.35
0.470.590.260.280.22-0.23-0.210.140.18-0.230.27-0.19-0.06-0.31-0.10.330.50.20.090.340.1-0.250.20.180.22
0.490.760.260.38-0.06-0.98-0.860.940.960.220.08-0.47-0.480.410.230.520.810.770.660.84-0.040.310.03-0.420.01
0.540.520.280.380.68-0.32-0.170.290.36-0.370.280.140.320.08-0.550.270.120.450.230.34-0.27-0.020.15-0.150.37
-0.040.130.22-0.060.680.120.36-0.21-0.16-0.78-0.120.170.3-0.31-0.480.35-0.02-0.27-0.16-0.31-0.330.080.160.160.73
-0.38-0.64-0.23-0.98-0.320.120.9-0.92-0.93-0.34-0.10.50.52-0.36-0.31-0.4-0.79-0.75-0.63-0.870.13-0.25-0.10.450.12
-0.4-0.57-0.21-0.86-0.170.360.9-0.85-0.86-0.63-0.10.510.55-0.34-0.36-0.21-0.64-0.77-0.63-0.870.23-0.26-0.040.580.37
0.570.670.140.940.29-0.21-0.92-0.850.990.360.19-0.35-0.430.570.370.480.730.810.660.80.030.260.05-0.4-0.15
0.580.730.180.960.36-0.16-0.93-0.860.990.320.14-0.39-0.420.50.280.510.720.810.720.820.00.270.07-0.38-0.1
0.01-0.17-0.230.22-0.37-0.78-0.34-0.630.360.320.16-0.25-0.420.250.6-0.36-0.010.40.30.45-0.26-0.110.0-0.5-0.92
0.580.050.270.080.28-0.12-0.1-0.10.190.140.160.440.440.460.05-0.310.040.56-0.280.380.24-0.50.11-0.01-0.31
0.16-0.31-0.19-0.470.140.170.50.51-0.35-0.39-0.250.440.940.35-0.28-0.33-0.36-0.03-0.57-0.390.3-0.270.070.190.07
0.23-0.18-0.06-0.480.320.30.520.55-0.43-0.42-0.420.440.940.21-0.56-0.35-0.38-0.02-0.57-0.330.33-0.250.070.280.25
0.470.21-0.310.410.08-0.31-0.36-0.340.570.50.250.460.350.210.18-0.040.280.64-0.020.360.40.28-0.19-0.32-0.13
-0.18-0.22-0.10.23-0.55-0.48-0.31-0.360.370.280.60.05-0.28-0.560.180.090.30.050.150.13-0.12-0.110.04-0.12-0.57
0.320.640.330.520.270.35-0.4-0.210.480.51-0.36-0.31-0.33-0.35-0.040.090.530.10.640.090.060.190.15-0.020.46
0.340.680.50.810.12-0.02-0.79-0.640.730.72-0.010.04-0.36-0.380.280.30.530.50.330.610.20.330.08-0.10.23
0.770.630.20.770.45-0.27-0.75-0.770.810.810.40.56-0.03-0.020.640.050.10.50.440.890.130.030.05-0.45-0.27
0.350.590.090.660.23-0.16-0.63-0.630.660.720.3-0.28-0.57-0.57-0.020.150.640.330.440.52-0.180.090.17-0.34-0.16
0.560.640.340.840.34-0.31-0.87-0.870.80.820.450.38-0.39-0.330.360.130.090.610.890.520.010.060.11-0.37-0.28
0.360.240.1-0.04-0.27-0.330.130.230.030.0-0.260.240.30.330.4-0.120.060.20.13-0.180.01-0.01-0.20.430.24
-0.150.24-0.250.31-0.020.08-0.25-0.260.260.27-0.11-0.5-0.27-0.250.28-0.110.190.330.030.090.06-0.01-0.1-0.240.46
-0.04-0.060.20.030.150.16-0.1-0.040.050.070.00.110.070.07-0.190.040.150.080.050.170.11-0.2-0.1-0.02-0.02
-0.06-0.150.18-0.42-0.150.160.450.58-0.4-0.38-0.5-0.010.190.28-0.32-0.12-0.02-0.1-0.45-0.34-0.370.43-0.24-0.020.34
0.020.350.220.010.370.730.120.37-0.15-0.1-0.92-0.310.070.25-0.13-0.570.460.23-0.27-0.16-0.280.240.46-0.020.34
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Allstate Account Relationship Matchups

Allstate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets120.0B126.0B99.4B98.0B103.4B122.9B
Total Stockholder Equity26.0B30.2B25.2B17.5B17.8B20.5B
Property Plant And Equipment Net1.1B1.1B939M987M859M1.1B
Retained Earnings48.1B52.8B53.3B51.0B49.7B32.4B
Non Current Assets Total83.2B90.1B65.7B4.9B70.1B44.3B
Non Currrent Assets Other(1.2B)(1.4B)(833M)(59.3B)(70.1B)(73.6B)
Common Stock Shares Outstanding333.5M315.5M299.1M271.2M262.5M471.6M
Liabilities And Stockholders Equity120.0B126.0B99.4B98.0B103.4B122.9B
Other Stockholder Equity(26.3B)(27.8B)(30.7B)(33.1B)(33.3B)(31.6B)
Accumulated Other Comprehensive Income2.0B3.3B655M(2.4B)(700M)(665M)
Short Long Term Debt Total6.9B7.8B8.0B8.7B7.9B5.5B
Net Debt6.3B7.4B7.2B7.2B7.2B5.0B
Non Current Liabilities Total7.8B9.2B8.8B80.2B85.7B90.0B
Total Liab94.0B9.2B8.8B80.6B85.7B92.8B
Other Current Liab(6.9B)29.2B33.5B38.6B41.7B65.5B
Total Current Liabilities6.9B29.2B33.5B386M42.0B66.0B
Cash338M377M763M736M722M520.1M
Other Assets16.4B12.0B10.6B81.5B22.5B18.3B
Cash And Short Term Investments4.6B8.2B4.8B4.9B722M685.9M
Net Receivables15.7B15.7B18.4B18.8B10.0B9.6B
Short Term Investments4.3B7.8B4.0B4.2B5.1B3.5B
Property Plant And Equipment Gross1.1B1.0B1.1B1.1B1.2B1.1B
Total Current Assets20.3B23.9B23.2B11.6B10.8B10.2B
Other Liab57.6B43.4B12.3B11.2B10.1B9.5B
Accounts Payable6.9B8.7B34.2B(39.3B)(45.2B)(42.9B)
Long Term Debt6.6B7.8B8.0B8.0B7.9B6.4B
Good Will2.5B2.5B2.5B3.5B4.0B4.2B
Other Current Assets14.9B14.0B14.6B(12.1B)16.4B15.6B
Treasury Stock(28.1B)(29.7B)(31.3B)(34.5B)(31.0B)(29.5B)
Intangible Assets481M453M1.4B1.2B966M1.5B
Property Plant Equipment1.1B1.1B939M987M1.1B1.1B
Retained Earnings Total Equity48.1B52.8B53.3B51.0B58.6B40.3B
Deferred Long Term Liab425M1.2B1.4B833M958.0M548.0M
Net Tangible Assets21.2B25.7B19.7B12.0B10.8B15.0B

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When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Dividend Share
3.65
Earnings Share
15.48
Revenue Per Share
236.821
Quarterly Revenue Growth
0.147
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate's market value can be influenced by many factors that don't directly affect Allstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.