Telus Ev To Sales vs Ptb Ratio Analysis

T Stock  CAD 21.64  0.38  1.79%   
Telus Corp financial indicator trend analysis is much more than just breaking down Telus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telus Corp is a good investment. Please check the relationship between Telus Corp Ev To Sales and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus 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 estimate.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telus Corp Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Telus Corp's Ev To Sales and Ptb Ratio is 0.33. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Telus Corp, assuming nothing else is changed. The correlation between historical values of Telus Corp's Ev To Sales 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 Ev To Sales of Telus 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 Ev To Sales i.e., Telus Corp's Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

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 Telus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telus 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 Telus 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 estimate.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.As of the 26th of November 2024, Tax Provision is likely to grow to about 392.6 M, while Selling General Administrative is likely to drop about 3.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.1B11.2B12.5B6.5B
Total Revenue16.8B18.3B20.0B12.1B

Telus Corp fundamental ratios Correlations

0.990.920.980.850.870.990.60.090.940.850.710.930.980.750.990.84-0.241.00.910.990.870.990.720.830.68
0.990.920.970.820.861.00.580.050.940.840.680.940.970.70.990.85-0.261.00.890.980.870.990.690.810.68
0.920.920.90.780.840.920.66-0.280.890.820.590.890.870.590.930.8-0.280.930.780.90.80.930.690.740.64
0.980.970.90.810.80.970.480.070.90.80.750.890.960.760.950.8-0.160.970.950.960.940.970.660.790.63
0.850.820.780.810.960.820.710.140.820.970.650.820.830.730.830.71-0.180.830.80.850.670.850.840.960.63
0.870.860.840.80.960.860.790.020.860.990.530.860.820.620.880.74-0.280.870.720.850.640.870.840.930.68
0.991.00.920.970.820.860.580.050.940.840.680.930.970.70.990.85-0.261.00.890.980.870.990.690.810.68
0.60.580.660.480.710.790.58-0.030.630.740.360.630.570.280.640.62-0.350.610.380.610.240.60.670.580.48
0.090.05-0.280.070.140.020.05-0.030.00.060.20.00.130.320.05-0.060.180.060.180.090.010.070.120.110.02
0.940.940.890.90.820.860.940.630.00.830.651.00.90.60.940.83-0.290.940.830.930.780.920.630.830.65
0.850.840.820.80.970.990.840.740.060.830.530.830.810.680.860.68-0.270.850.730.830.630.860.870.940.7
0.710.680.590.750.650.530.680.360.20.650.530.650.770.50.630.81-0.030.660.880.760.770.660.290.650.34
0.930.940.890.890.820.860.930.630.01.00.830.650.90.590.940.84-0.30.930.820.930.780.920.630.830.66
0.980.970.870.960.830.820.970.570.130.90.810.770.90.760.960.87-0.170.970.921.00.880.960.670.830.6
0.750.70.590.760.730.620.70.280.320.60.680.50.590.760.720.38-0.080.730.720.720.670.760.790.670.61
0.990.990.930.950.830.880.990.640.050.940.860.630.940.960.720.83-0.311.00.850.970.810.990.740.810.71
0.840.850.80.80.710.740.850.62-0.060.830.680.810.840.870.380.83-0.250.830.810.890.740.790.40.740.46
-0.24-0.26-0.28-0.16-0.18-0.28-0.26-0.350.18-0.29-0.27-0.03-0.3-0.17-0.08-0.31-0.25-0.28-0.07-0.20.06-0.28-0.26-0.12-0.8
1.01.00.930.970.830.871.00.610.060.940.850.660.930.970.731.00.83-0.280.880.980.850.990.730.810.7
0.910.890.780.950.80.720.890.380.180.830.730.880.820.920.720.850.81-0.070.880.910.940.890.540.790.53
0.990.980.90.960.850.850.980.610.090.930.830.760.931.00.720.970.89-0.20.980.910.870.960.680.840.62
0.870.870.80.940.670.640.870.240.010.780.630.770.780.880.670.810.740.060.850.940.870.850.450.710.41
0.990.990.930.970.850.870.990.60.070.920.860.660.920.960.760.990.79-0.280.990.890.960.850.750.810.72
0.720.690.690.660.840.840.690.670.120.630.870.290.630.670.790.740.4-0.260.730.540.680.450.750.730.69
0.830.810.740.790.960.930.810.580.110.830.940.650.830.830.670.810.74-0.120.810.790.840.710.810.730.56
0.680.680.640.630.630.680.680.480.020.650.70.340.660.60.610.710.46-0.80.70.530.620.410.720.690.56
Click cells to compare fundamentals

Telus Corp Account Relationship Matchups

Telus Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.0B43.3B48.0B54.0B56.1B58.9B
Short Long Term Debt Total18.6B20.4B21.0B25.1B27.5B28.8B
Other Current Liab2.6B2.8B3.2B3.4B3.4B3.6B
Total Current Liabilities5.6B5.9B8.3B8.3B9.5B10.0B
Total Stockholder Equity10.5B12.1B15.1B16.6B16.1B9.4B
Property Plant And Equipment Net14.2B15.0B15.9B17.1B17.2B11.1B
Net Debt18.0B19.5B20.2B24.2B26.6B27.9B
Retained Earnings4.4B3.7B4.3B4.1B2.8B2.5B
Accounts Payable892M855M1.2B1.4B996M1.1B
Cash535M848M723M974M864M907.2M
Non Current Assets Total33.6B38.6B43.0B48.0B49.8B25.1B
Non Currrent Assets Other82M119M1.7B1.9B1.9B2.0B
Cash And Short Term Investments535M848M723M974M864M907.2M
Net Receivables2.8B2.9B3.3B3.9B4.2B4.5B
Common Stock Shares Outstanding1.2B1.3B1.4B1.4B1.5B1.4B
Liabilities And Stockholders Equity38.0B43.3B48.0B54.0B56.1B58.9B
Non Current Liabilities Total21.7B24.8B23.7B28.1B29.4B30.8B
Other Current Assets555M486M541M700M718M753.9M
Other Stockholder Equity398M534M1.0B956M997M947.2M
Total Liab27.3B30.7B31.9B36.4B38.8B40.8B
Property Plant And Equipment Gross14.2B15.0B42.8B45.5B47.4B49.8B
Total Current Assets4.4B4.7B5.0B6.1B6.3B6.6B
Short Term Debt1.4B1.5B3.0B2.6B4.1B4.3B
Intangible Assets12.8B15.0B17.5B19.2B19.7B20.7B
Inventory437M407M448M537M484M322.2M
Accumulated Other Comprehensive Income119M117M203M110M(44M)(46.2M)
Good Will5.3B7.2B7.3B9.2B10.1B5.0B
Current Deferred Revenue675M772M854M891M971M792.6M
Common Stock Total Equity5.2B5.4B5.7B7.7B8.8B6.1B
Common Stock5.7B7.7B9.6B11.4B12.3B7.6B
Other Liab4.6B5.8B5.7B5.6B6.4B4.7B
Net Tangible Assets(7.6B)(10.2B)(9.7B)(11.8B)(10.6B)(11.1B)
Other Assets1.1B1.1B1.8B909M1.0B982.7M
Long Term Debt17.1B18.9B17.9B22.5B23.4B16.5B
Long Term Investments113M306M497M609M826M867.3M
Short Long Term Debt1.4B1.5B3.0B2.6B4.1B4.3B
Property Plant Equipment14.2B15.0B15.9B17.1B19.6B13.6B
Long Term Debt Total17.1B18.9B17.9B22.5B25.9B17.1B
Capital Surpluse398M534M1.0B956M1.1B572.1M

Pair Trading with Telus Corp

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 Telus Corp 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 Telus Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Telus Stock

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The ability to find closely correlated positions to Telus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telus Corp 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 Telus Corp - 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 Telus Corp to buy it.
The correlation of Telus Corp 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 Telus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telus Corp 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 Telus Corp 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
When determining whether Telus Corp 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 Telus 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 Telus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Telus Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus 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 estimate.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Please note, there is a significant difference between Telus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telus Corp'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.