Chevron Corp Shares Owned By Insiders vs. Price To Book
| CVX Stock | USD 163.58 1.05 0.65% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.3067 |
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For Chevron Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chevron Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chevron Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chevron Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chevron Corp over time as well as its relative position and ranking within its peers.
Chevron |
Chevron Corp's Revenue Breakdown by Earning Segment
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Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Dividend Share 6.4 | Earnings Share 9.09 | Revenue Per Share 104.595 | Quarterly Revenue Growth (0.06) |
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron 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.
Chevron Corp Price To Book vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chevron Corp's current stock value. Our valuation model uses many indicators to compare Chevron Corp value to that of its competitors to determine the firm's financial worth. Chevron Corp is rated third in shares owned by insiders category among its peers. It also is rated third in price to book category among its peers fabricating about 0.27 of Price To Book per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Price To Book for Chevron Corp is roughly 3.64 . Price To Book Ratio is likely to rise to 2.06 in 2024. 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 Chevron Corp's earnings, one of the primary drivers of an investment's value.Chevron Corp's Earnings Breakdown by Geography
Chevron Price To Book vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Chevron Corp |
| = | 6.66 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.
Chevron Corp |
| = | 1.83 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.
Chevron Price To Book Comparison
Chevron Corp is currently under evaluation in price to book category among its peers.
Chevron Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chevron Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chevron Corp will eventually generate negative long term returns. The profitability progress is the general direction of Chevron Corp's change in net profit over the period of time. It can combine multiple indicators of Chevron Corp, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3.2 B | -3.4 B | |
| Operating Income | 46.1 B | 48.4 B | |
| Income Before Tax | 29.6 B | 18.6 B | |
| Total Other Income Expense Net | -16.5 B | -15.7 B | |
| Net Income | 21.4 B | 11.9 B | |
| Income Tax Expense | 8.2 B | 7.2 B | |
| Net Income Applicable To Common Shares | 40.8 B | 42.8 B | |
| Net Income From Continuing Ops | 21.4 B | 11.9 B | |
| Interest Income | 9.3 B | 4.7 B | |
| Net Interest Income | -469 M | -492.4 M | |
| Change To Netincome | -4.4 B | -4.6 B | |
| Net Income Per Share | 11.36 | 11.93 | |
| Income Quality | 1.66 | 1.52 | |
| Net Income Per E B T | 0.72 | 0.48 |
Chevron Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chevron Corp. 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 Chevron Corp 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 Chevron Corp's important profitability drivers and their relationship over time.
Use Chevron Corp 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 Chevron 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 Chevron Corp will appreciate offsetting losses from the drop in the long position's value.Chevron Corp Pair Trading
Chevron Corp Pair Trading Analysis
The ability to find closely correlated positions to Chevron 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 Chevron 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 Chevron 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 Chevron Corp to buy it.
The correlation of Chevron 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 Chevron Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chevron 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 Chevron 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.Use Investing Themes to Complement your Chevron Corp position
In addition to having Chevron Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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Additional Tools for Chevron Stock Analysis
When running Chevron Corp's price analysis, check to measure Chevron Corp'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 Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.