Canadian Historical Financial Ratios
CP Stock | CAD 107.11 0.81 0.76% |
Canadian Pacific is presently reporting on over 99 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0069, PTB Ratio of 2.63 or Days Sales Outstanding of 46.26 will help investors to properly organize and evaluate Canadian Pacific Railway financial condition quickly.
Canadian |
About Canadian Financial Ratios Analysis
Canadian Pacific RailwayFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canadian Pacific investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canadian financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canadian Pacific history.
Canadian Pacific Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Canadian Pacific Railway stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canadian Pacific sales, a figure that is much harder to manipulate than other Canadian Pacific Railway 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.Dividend Yield
Dividend Yield is Canadian Pacific Railway dividend as a percentage of Canadian Pacific stock price. Canadian Pacific Railway dividend yield is a measure of Canadian Pacific stock productivity, which can be interpreted as interest rate earned on an Canadian Pacific investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Canadian Pacific's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Canadian Pacific Railway current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Canadian Pacific Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Canadian Pacific's EV To Sales is very stable compared to the past year. As of the 29th of November 2024, Free Cash Flow Per Share is likely to grow to 1.85, while Dividend Yield is likely to drop 0.01.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008199 | 0.007531 | 0.007241 | 0.006879 | Price To Sales Ratio | 7.73 | 10.65 | 7.78 | 8.17 |
Canadian Pacific fundamentals Correlations
Click cells to compare fundamentals
Canadian Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Pacific fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 5.9 | 7.76 | 7.73 | 10.65 | 7.78 | 8.17 | |
Dividend Yield | 0.008966 | 0.007805 | 0.008199 | 0.007531 | 0.007241 | 0.006879 | |
Ptb Ratio | 6.5 | 8.17 | 1.83 | 2.41 | 2.35 | 2.63 | |
Days Sales Outstanding | 37.71 | 39.06 | 37.39 | 42.07 | 54.86 | 46.26 | |
Book Value Per Share | 10.19 | 10.8 | 49.77 | 41.81 | 45.54 | 47.82 | |
Free Cash Flow Yield | 0.0292 | 0.0189 | 0.0349 | 0.0275 | 0.0168 | 0.021 | |
Operating Cash Flow Per Share | 4.31 | 4.14 | 5.43 | 4.45 | 4.44 | 4.66 | |
Stock Based Compensation To Revenue | 0.0171 | 0.022 | 0.0164 | 0.0128 | 0.0115 | 0.0106 | |
Capex To Depreciation | 2.33 | 2.15 | 1.89 | 1.83 | 1.62 | 1.5 | |
Pb Ratio | 6.5 | 8.17 | 1.83 | 2.41 | 2.35 | 2.63 | |
Ev To Sales | 7.0 | 9.01 | 10.24 | 12.83 | 9.56 | 10.04 | |
Free Cash Flow Per Share | 1.94 | 1.67 | 3.17 | 2.78 | 1.76 | 1.85 | |
Inventory Turnover | 19.09 | 16.1 | 15.2 | 14.87 | 15.45 | 12.82 | |
Net Income Per Share | 3.52 | 3.61 | 4.2 | 3.78 | 4.22 | 4.43 | |
Days Of Inventory On Hand | 19.12 | 22.67 | 24.02 | 24.55 | 23.63 | 26.83 | |
Payables Turnover | 7.67 | 8.35 | 8.27 | 8.4 | 9.09 | 4.79 | |
Pocfratio | 15.37 | 21.35 | 16.77 | 22.67 | 23.6 | 24.78 | |
Interest Coverage | 6.97 | 7.23 | 7.29 | 7.36 | 5.69 | 4.5 | |
Pfcf Ratio | 34.21 | 52.9 | 28.68 | 36.32 | 59.61 | 62.59 | |
Days Payables Outstanding | 47.58 | 43.7 | 44.16 | 43.48 | 40.17 | 38.16 | |
Income Quality | 1.23 | 1.15 | 1.29 | 1.18 | 1.05 | 1.94 | |
Ev To Operating Cash Flow | 18.25 | 24.79 | 22.21 | 27.3 | 29.01 | 14.8 | |
Pe Ratio | 18.83 | 24.48 | 21.68 | 26.69 | 24.86 | 26.46 | |
Ev To Free Cash Flow | 40.64 | 61.41 | 37.99 | 43.75 | 73.27 | 76.93 | |
Earnings Yield | 0.0531 | 0.0408 | 0.0461 | 0.0375 | 0.0402 | 0.064 | |
Intangibles To Total Assets | 0.00921 | 0.0155 | 0.005442 | 0.005252 | 0.26 | 0.27 | |
Net Debt To E B I T D A | 2.0 | 2.17 | 4.14 | 4.19 | (30.61) | (29.08) | |
Current Ratio | 0.57 | 0.53 | 0.5 | 0.43 | 0.59 | 0.85 | |
Tangible Book Value Per Share | 9.89 | 10.26 | 49.22 | 41.4 | 23.31 | 24.47 | |
Receivables Turnover | 9.68 | 9.35 | 9.76 | 8.68 | 6.65 | 7.09 |
Pair Trading with Canadian Pacific
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
0.68 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against Canadian Stock
0.83 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
0.79 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
0.78 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
0.76 | TD-PFD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
0.66 | BNS | Bank of Nova Scotia Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Canadian Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Pacific Railway to buy it.
The correlation of Canadian Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Pacific Railway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.