Corus Entertainment Price To Book vs. Revenue

CJR-B Stock  CAD 0.11  0.01  8.33%   
Based on Corus Entertainment's profitability indicators, Corus Entertainment's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Corus Entertainment's ability to earn profits and add value for shareholders. At this time, Corus Entertainment's Days Sales Outstanding is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, despite the fact that Operating Cash Flow Sales Ratio is likely to grow to (0.62). At this time, Corus Entertainment's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Operating Income is likely to gain to about 267.1 M in 2024, despite the fact that Net Loss is likely to grow to (728.4 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.380.4954
Way Down
Slightly volatile
Operating Profit Margin0.190.1356
Significantly Up
Slightly volatile
For Corus Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Corus Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Corus Entertainment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Corus Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Corus Entertainment over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Corus Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corus Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corus Entertainment'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.

Corus Entertainment Revenue vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Corus Entertainment's current stock value. Our valuation model uses many indicators to compare Corus Entertainment value to that of its competitors to determine the firm's financial worth.
Corus Entertainment is number one stock in price to book category among its peers. It also is the top company in revenue category among its peers totaling about  10,518,195,364  of Revenue per Price To Book. At this time, Corus Entertainment's Total Revenue is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Corus Entertainment's earnings, one of the primary drivers of an investment's value.

Corus Revenue vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Corus Entertainment

P/B

 = 

MV Per Share

BV Per Share

 = 
0.12 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Corus Entertainment

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
1.27 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Corus Revenue vs Competition

Corus Entertainment is the top company in revenue category among its peers. Market size based on revenue of Communication Services industry is currently estimated at about 22.36 Billion. Corus Entertainment holds roughly 1.27 Billion in revenue claiming about 6% of stocks in Communication Services industry.

Corus Entertainment Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Corus Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Corus Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of Corus Entertainment's change in net profit over the period of time. It can combine multiple indicators of Corus Entertainment, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income24.5 M25.7 M
Operating Income172.4 M267.1 M
Income Before Tax-950.4 M-902.9 M
Total Other Income Expense Net-1.1 B-1.1 B
Net Loss-766.7 M-728.4 M
Income Tax Expense-183.6 M-174.5 M
Net Loss-380.6 M-361.5 M
Net Loss-220.6 M-209.5 M
Net Interest Income-155.7 M-163.5 M
Interest Income1.2 MM
Change To Netincome-181.2 M-190.3 M
Net Loss(3.87)(3.68)
Income Quality 1.08  1.14 
Net Income Per E B T 0.81  0.85 

Corus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Corus Entertainment. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Corus Entertainment position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Corus Entertainment's important profitability drivers and their relationship over time.

Use Corus Entertainment in pair-trading

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 Corus Entertainment 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 Corus Entertainment will appreciate offsetting losses from the drop in the long position's value.

Corus Entertainment Pair Trading

Corus Entertainment Pair Trading Analysis

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

Use Investing Themes to Complement your Corus Entertainment position

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Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 constituents at this time.
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Additional Tools for Corus Stock Analysis

When running Corus Entertainment's price analysis, check to measure Corus Entertainment's 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 Corus Entertainment is operating at the current time. Most of Corus Entertainment's value examination focuses on studying past and present price action to predict the probability of Corus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corus Entertainment's price. Additionally, you may evaluate how the addition of Corus Entertainment to your portfolios can decrease your overall portfolio volatility.