Rogers Ev To Sales vs Pb Ratio Analysis

RCI-A Stock  CAD 53.99  0.01  0.02%   
Rogers Communications financial indicator trend analysis is much more than just breaking down Rogers Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rogers Communications is a good investment. Please check the relationship between Rogers Communications Ev To Sales and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Rogers Stock please use our How to Invest in Rogers Communications guide.

Ev To Sales vs Pb Ratio

Ev To Sales vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Communications Ev To Sales account and Pb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rogers Communications' Ev To Sales and Pb Ratio is -0.39. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Rogers Communications, assuming nothing else is changed. The correlation between historical values of Rogers Communications' Ev To Sales and Pb 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 Ev To Sales of Rogers Communications are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Ev To Sales i.e., Rogers Communications' Ev To Sales and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Pb Ratio

Most indicators from Rogers Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rogers Communications 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Rogers Stock please use our How to Invest in Rogers Communications guide.At this time, Rogers Communications' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 646.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 2.58 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue14.7B15.4B19.3B10.5B
Depreciation And Amortization2.7B2.6B4.2B4.4B

Rogers Communications fundamental ratios Correlations

0.990.90.890.970.990.930.670.160.98-0.030.150.970.450.98-0.06-0.681.00.690.980.560.950.830.610.480.82
0.990.850.820.961.00.880.610.130.960.060.110.930.40.99-0.05-0.751.00.70.960.460.930.860.560.390.85
0.90.850.940.840.850.960.810.160.85-0.030.20.90.510.81-0.02-0.50.860.730.90.750.860.630.860.630.54
0.890.820.940.850.810.990.770.270.85-0.210.280.940.50.790.03-0.340.840.670.890.840.880.560.790.710.53
0.970.960.840.850.950.880.630.180.99-0.190.170.940.550.97-0.21-0.630.970.540.960.530.910.890.490.450.87
0.991.00.850.810.950.870.620.060.960.080.050.920.390.99-0.07-0.761.00.70.960.450.920.860.550.370.85
0.930.880.960.990.880.870.770.260.88-0.150.260.970.50.850.01-0.460.890.730.920.80.920.620.790.670.59
0.670.610.810.770.630.620.770.10.62-0.10.140.680.610.57-0.23-0.350.630.560.670.840.610.440.830.570.29
0.160.130.160.270.180.060.260.10.13-0.370.960.20.120.130.240.130.140.230.080.330.260.060.180.350.05
0.980.960.850.850.990.960.880.620.13-0.110.120.940.480.97-0.14-0.630.980.530.980.510.90.880.510.470.88
-0.030.06-0.03-0.21-0.190.08-0.15-0.1-0.37-0.11-0.36-0.19-0.430.010.35-0.310.010.27-0.02-0.33-0.16-0.060.09-0.3-0.09
0.150.110.20.280.170.050.260.140.960.12-0.360.170.140.10.210.170.120.20.080.340.240.050.260.360.02
0.970.930.90.940.940.920.970.680.20.94-0.190.170.450.92-0.01-0.560.950.680.950.680.960.720.640.60.75
0.450.40.510.50.550.390.50.610.120.48-0.430.140.450.4-0.78-0.260.430.190.420.480.350.520.290.190.25
0.980.990.810.790.970.990.850.570.130.970.010.10.920.4-0.09-0.741.00.650.960.420.920.880.480.360.89
-0.06-0.05-0.020.03-0.21-0.070.01-0.230.24-0.140.350.21-0.01-0.78-0.090.19-0.080.24-0.050.010.05-0.410.20.16-0.14
-0.68-0.75-0.5-0.34-0.63-0.76-0.46-0.350.13-0.63-0.310.17-0.56-0.26-0.740.19-0.72-0.58-0.6-0.03-0.57-0.73-0.250.02-0.69
1.01.00.860.840.971.00.890.630.140.980.010.120.950.431.0-0.08-0.720.680.970.490.930.860.560.420.86
0.690.70.730.670.540.70.730.560.230.530.270.20.680.190.650.24-0.580.680.60.50.750.340.740.310.29
0.980.960.90.890.960.960.920.670.080.98-0.020.080.950.420.96-0.05-0.60.970.60.580.910.820.620.550.81
0.560.460.750.840.530.450.80.840.330.51-0.330.340.680.480.420.01-0.030.490.50.580.590.190.80.820.12
0.950.930.860.880.910.920.920.610.260.9-0.160.240.960.350.920.05-0.570.930.750.910.590.720.630.540.74
0.830.860.630.560.890.860.620.440.060.88-0.060.050.720.520.88-0.41-0.730.860.340.820.190.720.230.20.9
0.610.560.860.790.490.550.790.830.180.510.090.260.640.290.480.2-0.250.560.740.620.80.630.230.620.13
0.480.390.630.710.450.370.670.570.350.47-0.30.360.60.190.360.160.020.420.310.550.820.540.20.620.19
0.820.850.540.530.870.850.590.290.050.88-0.090.020.750.250.89-0.14-0.690.860.290.810.120.740.90.130.19
Click cells to compare fundamentals

Rogers Communications Account Relationship Matchups

Rogers Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.0B38.9B42.0B55.7B69.3B72.7B
Short Long Term Debt Total19.9B21.3B22.8B36.7B45.2B47.5B
Total Current Liabilities6.0B6.6B8.6B9.5B8.8B9.2B
Total Stockholder Equity9.4B9.6B10.5B10.1B10.4B11.0B
Property Plant And Equipment Net13.9B14.0B14.7B15.6B24.3B25.5B
Net Debt19.4B18.8B22.1B36.3B44.4B46.6B
Retained Earnings7.4B7.9B8.9B9.8B9.8B10.3B
Accounts Payable3.0B2.7B3.4B3.7B4.2B2.2B
Cash494M2.5B715M463M800M452.0M
Non Current Assets Total31.9B31.9B36.1B36.4B61.4B64.5B
Non Currrent Assets Other275M346M385M2.4B670M829.8M
Cash And Short Term Investments494M2.5B715M463M800M457.5M
Net Receivables3.5B3.4B4.0B4.3B5.4B5.7B
Liabilities And Stockholders Equity37.0B38.9B42.0B55.7B69.3B72.7B
Non Current Liabilities Total21.6B22.7B22.8B36.0B50.1B52.6B
Other Current Assets524M516M497M561M266M288.7M
Other Stockholder Equity1.5B1.2B1.2B(192M)(220.8M)(209.8M)
Total Liab27.6B29.3B31.4B45.6B58.8B61.8B
Total Current Assets5.1B6.9B5.8B19.3B7.8B8.2B
Intangible Assets8.9B8.9B12.3B12.3B17.9B18.8B
Inventory460M479M535M438M456M280.0M
Other Assets832M1.1B1.2B1.6B1.8B1.9B
Accumulated Other Comprehensive Income1.5B1.2B1.2B(192M)(1.4B)(1.3B)
Current Deferred Revenue224M336M394M400M773M811.7M
Short Term Debt2.5B2.9B4.1B5.2B3.4B1.8B
Other Current Liab239M587M722M252M434M255.0M
Good Will3.9B4.0B4.0B4.0B16.3B17.1B
Other Liab4.2B4.4B4.1B4.4B5.1B2.9B
Net Tangible Assets(3.4B)(3.3B)(5.8B)(6.2B)(5.6B)(5.8B)
Long Term Debt16.0B16.8B17.1B29.9B39.8B41.7B
Long Term Investments2.8B2.5B2.5B2.1B598M568.1M
Short Long Term Debt2.2B2.7B3.8B4.8B2.9B2.3B
Property Plant Equipment13.9B14.0B14.7B15.6B17.9B12.3B
Short Term Investments101M61M120M689M80M76M
Non Current Liabilities Other29M1.1B565M738M316M397.4M
Net Invested Capital27.6B29.0B20.9B34.7B53.0B33.4B
Net Working Capital(847M)343M(2.8B)9.7B(948M)(900.6M)

Pair Trading with Rogers Communications

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 Rogers Communications 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 Rogers Communications will appreciate offsetting losses from the drop in the long position's value.

Moving against Rogers Stock

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The ability to find closely correlated positions to Rogers Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rogers Communications 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 Rogers Communications - 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 Rogers Communications to buy it.
The correlation of Rogers Communications 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 Rogers Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rogers Communications 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 Rogers Communications 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.
Pair CorrelationCorrelation Matching

Additional Tools for Rogers Stock Analysis

When running Rogers Communications' price analysis, check to measure Rogers Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rogers Communications is operating at the current time. Most of Rogers Communications' value examination focuses on studying past and present price action to predict the probability of Rogers Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers Communications' price. Additionally, you may evaluate how the addition of Rogers Communications to your portfolios can decrease your overall portfolio volatility.