Telus Price To Sales Ratio vs Book Value Per Share Analysis

T Stock  CAD 21.38  0.29  1.34%   
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 Price To Sales Ratio and its Book Value Per Share 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.

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telus Corp Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Telus Corp's Price To Sales Ratio and Book Value Per Share is -0.22. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share 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 Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Telus Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Telus Corp's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Telus Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Telus Corp sales, a figure that is much harder to manipulate than other Telus Corp 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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
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 22nd 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

  0.56GOOG Alphabet CDRPairCorr
  0.46NVDA NVIDIA CDRPairCorr
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.