Comstock Pb Ratio vs Price To Sales Ratio Analysis

CRK Stock  USD 15.42  0.15  0.96%   
Comstock Resources financial indicator trend analysis is way more than just evaluating Comstock Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comstock Resources is a good investment. Please check the relationship between Comstock Resources Pb Ratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comstock Resources Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Comstock Resources' Pb Ratio and Price To Sales Ratio is -0.94. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Comstock Resources, assuming nothing else is changed. The correlation between historical values of Comstock Resources' Pb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Comstock Resources are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pb Ratio i.e., Comstock Resources' Pb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Pb Ratio

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Comstock Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Comstock Resources sales, a figure that is much harder to manipulate than other Comstock Resources 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.
Most indicators from Comstock Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comstock Resources 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 Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.At this time, Comstock Resources' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 1.1 B this year, although the value of Discontinued Operations will most likely fall to about 118.2 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization469.4M489.5M607.9M638.3M
Cost Of Revenue752.9M1.3B1.3B1.4B

Comstock Resources fundamental ratios Correlations

0.930.620.950.941.00.940.691.0-0.760.920.960.72-0.30.970.980.80.83-0.41-0.2-0.20.950.620.970.960.2
0.930.640.90.770.921.00.410.93-0.620.90.990.65-0.120.980.890.770.75-0.290.02-0.010.860.60.920.910.21
0.620.640.720.550.610.640.230.62-0.520.640.590.04-0.140.630.620.490.61-0.32-0.04-0.040.580.240.670.640.26
0.950.90.720.880.930.90.60.94-0.850.950.90.58-0.230.930.950.90.92-0.36-0.07-0.120.970.650.970.960.33
0.940.770.550.880.950.780.870.95-0.780.820.810.68-0.430.850.950.70.79-0.47-0.38-0.350.90.550.890.890.13
1.00.920.610.930.950.930.711.0-0.740.890.940.73-0.310.960.980.760.8-0.42-0.23-0.230.930.580.950.940.16
0.941.00.640.90.780.930.430.94-0.630.911.00.66-0.150.990.90.770.75-0.31-0.02-0.050.860.60.930.920.2
0.690.410.230.60.870.710.430.7-0.640.520.480.6-0.580.520.720.490.55-0.39-0.59-0.510.690.410.590.6-0.04
1.00.930.620.940.951.00.940.7-0.740.910.950.73-0.320.970.980.770.81-0.43-0.23-0.230.930.60.960.950.17
-0.76-0.62-0.52-0.85-0.78-0.74-0.63-0.64-0.74-0.76-0.64-0.510.03-0.69-0.84-0.84-0.830.150.030.08-0.9-0.74-0.77-0.8-0.28
0.920.90.640.950.820.890.910.520.91-0.760.910.6-0.280.930.90.850.87-0.44-0.07-0.150.930.70.990.980.27
0.960.990.590.90.810.941.00.480.95-0.640.910.71-0.170.990.910.780.76-0.32-0.04-0.070.880.60.940.920.21
0.720.650.040.580.680.730.660.60.73-0.510.60.71-0.260.70.730.50.4-0.26-0.31-0.360.670.450.630.67-0.22
-0.3-0.12-0.14-0.23-0.43-0.31-0.15-0.58-0.320.03-0.28-0.17-0.26-0.2-0.27-0.07-0.220.690.760.68-0.220.01-0.3-0.280.29
0.970.980.630.930.850.960.990.520.97-0.690.930.990.7-0.20.940.80.81-0.37-0.06-0.090.90.620.960.950.23
0.980.890.620.950.950.980.90.720.98-0.840.90.910.73-0.270.940.820.82-0.39-0.19-0.190.970.660.950.960.12
0.80.770.490.90.70.760.770.490.77-0.840.850.780.5-0.070.80.820.91-0.140.180.130.920.730.830.830.46
0.830.750.610.920.790.80.750.550.81-0.830.870.760.4-0.220.810.820.91-0.350.0-0.060.890.620.880.850.58
-0.41-0.29-0.32-0.36-0.47-0.42-0.31-0.39-0.430.15-0.44-0.32-0.260.69-0.37-0.39-0.14-0.350.550.5-0.32-0.11-0.45-0.410.13
-0.20.02-0.04-0.07-0.38-0.23-0.02-0.59-0.230.03-0.07-0.04-0.310.76-0.06-0.190.180.00.550.94-0.090.1-0.14-0.10.4
-0.2-0.01-0.04-0.12-0.35-0.23-0.05-0.51-0.230.08-0.15-0.07-0.360.68-0.09-0.190.13-0.060.50.94-0.130.1-0.2-0.160.29
0.950.860.580.970.90.930.860.690.93-0.90.930.880.67-0.220.90.970.920.89-0.32-0.09-0.130.730.940.950.26
0.620.60.240.650.550.580.60.410.6-0.740.70.60.450.010.620.660.730.62-0.110.10.10.730.650.690.06
0.970.920.670.970.890.950.930.590.96-0.770.990.940.63-0.30.960.950.830.88-0.45-0.14-0.20.940.650.990.26
0.960.910.640.960.890.940.920.60.95-0.80.980.920.67-0.280.950.960.830.85-0.41-0.1-0.160.950.690.990.18
0.20.210.260.330.130.160.2-0.040.17-0.280.270.21-0.220.290.230.120.460.580.130.40.290.260.060.260.18
Click cells to compare fundamentals

Comstock Resources Account Relationship Matchups

Comstock Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.6B4.7B5.7B6.3B6.6B
Short Long Term Debt Total2.5B2.5B2.6B2.2B2.7B2.8B
Other Current Liab222K176.6M299.3M153.9M130.3M136.8M
Total Current Liabilities392.4M441.6M634.0M756.1M681.5M715.6M
Total Stockholder Equity1.1B1.4B1.2B2.3B2.4B2.5B
Property Plant And Equipment Net4.0B4.1B4.0B4.7B5.5B5.7B
Net Debt2.5B2.5B2.6B2.2B2.7B2.8B
Retained Earnings138.6M55.2M(204.0M)886.1M958.3M1.0B
Non Current Assets Total4.4B4.4B4.3B5.0B5.8B6.1B
Non Currrent Assets Other8.8M701K(197.4M)(425.7M)(383.2M)(364.0M)
Common Stock Shares Outstanding187.4M215.2M231.6M277.5M276.8M290.6M
Liabilities And Stockholders Equity4.7B4.6B4.7B5.7B6.3B6.6B
Non Current Liabilities Total3.1B2.7B2.8B2.7B3.2B3.3B
Other Current Assets195.8M27.4M22.5M31.1M199.3M209.3M
Other Stockholder Equity529.8M1.1B1.1B1.3B1.3B767.5M
Total Liab3.5B3.2B3.5B3.4B3.9B4.1B
Property Plant And Equipment Gross4.0B4.1B5.1B6.2B7.6B8.0B
Total Current Assets303.6M199.8M318.7M645.0M461.5M484.6M
Net Receivables189.1M145.8M267.7M510.1M245.5M257.8M
Short Term Debt7.0M5.8M4.5M40.8M26.1M24.8M
Cash18.5M30.3M30.7M54.7M16.7M20.2M
Cash And Short Term Investments18.5M30.3M30.7M54.7M16.7M29.1M
Accounts Payable253.0M259.3M314.6M530.2M523.3M549.4M
Inventory4.5M3.1M5.0M34.8M40.0M42.0M
Common Stock95.0M116.2M116.5M138.8M139.2M146.2M
Common Stock Total Equity95.0M116.2M116.5M138.8M159.6M167.6M
Net Tangible Assets1.2B1.1B676.9M1.9B2.2B2.3B
Long Term Debt2.5B2.5B2.6B2.2B2.6B1.7B
Retained Earnings Total Equity138.6M55.2M(204.0M)886.1M797.5M837.4M
Long Term Debt Total2.5B2.5B2.6B2.2B2.5B1.7B
Capital Surpluse909.4M1.1B1.1B1.3B1.4B757.2M
Deferred Long Term Liab216.0M202.9M201.5M425.7M489.6M514.1M
Non Current Liabilities Other26.0M20.5M29.8M81.5M93.7M98.4M
Property Plant Equipment4.0B4.1B4.0B4.6B5.3B2.7B
Accumulated Depreciation(486.5M)(902.3M)(1.1B)(1.5B)(1.8B)(1.9B)

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When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Oil & Gas Exploration & Production 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 Comstock Resources. If investors know Comstock 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 Comstock Resources 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
(0.79)
Dividend Share
0.125
Earnings Share
(0.18)
Revenue Per Share
4.574
Quarterly Revenue Growth
(0.19)
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' 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.