Sony Dividend Yield vs Ptb Ratio Analysis

SONY Stock  USD 19.06  0.01  0.05%   
Sony Group financial indicator trend analysis is much more than just breaking down Sony Group Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sony Group Corp is a good investment. Please check the relationship between Sony Group Dividend Yield and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sony Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividend Yield vs Ptb Ratio

Dividend Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sony Group Corp Dividend Yield account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Sony Group's Dividend Yield and Ptb Ratio is -0.76. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Sony Group Corp, assuming nothing else is changed. The correlation between historical values of Sony Group's Dividend Yield and Ptb 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 Dividend Yield of Sony Group Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Dividend Yield i.e., Sony Group's Dividend Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Dividend Yield

Dividend Yield is Sony Group Corp dividend as a percentage of Sony Group stock price. Sony Group Corp dividend yield is a measure of Sony Group stock productivity, which can be interpreted as interest rate earned on an Sony Group 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 indicators from Sony Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sony Group Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sony Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 T in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104.1B59.0B41.0B38.9B
Depreciation And Amortization904.5B1.0T1.1T1.2T

Sony Group fundamental ratios Correlations

0.920.961.00.970.750.760.940.580.990.660.30.830.871.00.720.73-0.381.00.790.750.890.720.70.720.63
0.920.950.940.960.810.940.950.390.940.720.050.740.920.890.790.71-0.480.910.850.560.970.670.890.480.67
0.960.950.970.980.750.840.980.440.960.740.180.770.960.930.730.82-0.410.950.860.650.920.750.810.570.72
1.00.940.970.970.740.790.950.550.990.690.260.820.880.990.740.74-0.370.990.820.730.90.740.740.690.66
0.970.960.980.970.780.840.970.520.980.680.20.780.940.950.720.77-0.440.960.810.660.940.680.780.590.64
0.750.810.750.740.780.820.730.420.790.330.10.780.750.730.870.56-0.830.740.510.60.780.310.650.530.27
0.760.940.840.790.840.820.850.130.80.69-0.20.610.830.710.80.59-0.580.750.810.340.890.580.90.250.63
0.940.950.980.950.970.730.850.390.940.790.140.720.910.910.70.77-0.360.930.90.620.910.810.790.530.77
0.580.390.440.550.520.420.130.390.56-0.140.810.590.460.620.230.49-0.260.590.020.790.490.020.20.72-0.15
0.990.940.960.990.980.790.80.940.560.660.230.830.880.990.760.7-0.450.990.790.710.910.690.720.690.62
0.660.720.740.690.680.330.690.79-0.140.66-0.310.440.610.620.540.440.040.650.970.220.620.930.640.220.99
0.30.050.180.260.20.1-0.20.140.810.23-0.310.260.190.35-0.150.47-0.020.32-0.190.70.13-0.01-0.080.55-0.25
0.830.740.770.820.780.780.610.720.590.830.440.260.70.830.860.56-0.40.830.560.860.730.490.550.850.4
0.870.920.960.880.940.750.830.910.460.880.610.190.70.830.670.89-0.470.860.740.590.920.580.850.460.58
1.00.890.930.990.950.730.710.910.620.990.620.350.830.830.70.7-0.371.00.750.780.850.70.630.760.6
0.720.790.730.740.720.870.80.70.230.760.54-0.150.860.670.70.42-0.60.720.640.560.710.470.650.560.48
0.730.710.820.740.770.560.590.770.490.70.440.470.560.890.70.42-0.30.720.570.670.720.530.720.430.46
-0.38-0.48-0.41-0.37-0.44-0.83-0.58-0.36-0.26-0.450.04-0.02-0.4-0.47-0.37-0.6-0.3-0.37-0.11-0.25-0.460.11-0.37-0.190.12
1.00.910.950.990.960.740.750.930.590.990.650.320.830.861.00.720.72-0.370.780.760.870.720.680.740.62
0.790.850.860.820.810.510.810.90.020.790.97-0.190.560.740.750.640.57-0.110.780.360.760.920.740.330.96
0.750.560.650.730.660.60.340.620.790.710.220.70.860.590.780.560.67-0.250.760.360.570.430.360.90.23
0.890.970.920.90.940.780.890.910.490.910.620.130.730.920.850.710.72-0.460.870.760.570.570.90.490.57
0.720.670.750.740.680.310.580.810.020.690.93-0.010.490.580.70.470.530.110.720.920.430.570.540.390.95
0.70.890.810.740.780.650.90.790.20.720.64-0.080.550.850.630.650.72-0.370.680.740.360.90.540.210.59
0.720.480.570.690.590.530.250.530.720.690.220.550.850.460.760.560.43-0.190.740.330.90.490.390.210.22
0.630.670.720.660.640.270.630.77-0.150.620.99-0.250.40.580.60.480.460.120.620.960.230.570.950.590.22
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Sony Group Account Relationship Matchups

Sony Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.0T26.4T30.5T32.0T34.1T35.8T
Short Long Term Debt Total1.9T2.5T3.4T4.1T4.1T4.3T
Other Current Liab2.5T4.7T4.7T5.2T5.9T6.2T
Total Current Liabilities6.2T7.8T8.8T9.3T10.2T10.7T
Total Stockholder Equity4.1T5.6T7.1T7.2T7.6T8.0T
Property Plant And Equipment Net1.3T1.4T1.5T3.2T2.0T1.2T
Net Debt346.4B669.5B1.3T2.6T2.2T2.3T
Retained Earnings2.8T3.9T3.8T4.6T6.0T6.3T
Cash1.5T1.8T2.0T1.5T993.3B905.6B
Non Current Assets Total17.3T19.1T24.9T27.6T27.3T28.7T
Non Currrent Assets Other1.4T1.5T2.3T2.6T21.4T22.4T
Cash And Short Term Investments3.4T4.7T2.6T1.9T993.3B1.4T
Net Receivables1.2T1.4T1.6T1.8T2.2T1.1T
Common Stock Shares Outstanding1.3B6.3B6.3B6.2B6.2B6.5B
Liabilities And Stockholders Equity23.0T26.4T30.5T32.0T34.1T35.8T
Non Current Liabilities Total12.0T12.9T14.5T15.4T16.1T16.9T
Inventory590.0B637.4B874.0B1.5T1.5T826.7B
Other Current Assets594.0B3.9T1.9T1.8T2.1T2.2T
Other Stockholder Equity1.1T(681.8B)(619.3B)(14.8T)1.1T568.8B
Total Liab18.2T20.7T23.3T24.8T26.3T27.6T
Property Plant And Equipment Gross1.3T1.4T1.5T1.8T4.4T4.6T
Total Current Assets5.7T7.2T5.5T5.8T6.8T3.9T
Accumulated Other Comprehensive Income(581.0B)(524.0B)1.2T15.4T(376.1B)(357.3B)
Short Term Debt908.9B1.4T2.1T2.1T2.0T2.1T
Intangible Assets906.3B996.3B450.1B563.8B2.0T2.1T
Accounts Payable380.8B1.6T1.8T1.9T2.1T2.2T
Short Term Investments1.8T2.9T510.0B439.3B17.9T18.7T
Common Stock865.7B874.3B880.2B880.4B881.4B574.8B
Other Liab1.1T880.5B1.5T13.7T15.7T16.5T
Other Assets1.9T1.0T1.3T(1.3T)(1.5T)(1.5T)
Long Term Debt592.8B773.3B1.2T1.8T2.1T2.2T
Good Will783.9B827.1B952.9B1.3T1.5T1.6T
Property Plant Equipment1.3T1.4T1.5T1.8T2.1T2.2T
Current Deferred Revenue2.4T2.8T2.9T3.2T3.7T2.3T
Net Tangible Assets2.4T3.8T4.4T3.8T4.4T2.4T
Long Term Investments12.7T14.3T19.4T19.6T17.9T12.4T
Short Long Term Debt840.0B1.3T2.1T2.1T2.0T1.2T

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