Equitable Net Income vs. Price To Book
| EQB Stock | CAD 112.50 0.99 0.89% |
Net Income | First Reported 2004-04-30 | Previous Quarter 105.4 M | Current Value 111.9 M | Quarterly Volatility 31.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.48 | 0.4 |
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| Operating Profit Margin | 2.04 | 1.84 |
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| Pretax Profit Margin | 0.67 | 0.54 |
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| Return On Assets | 0.0093 | 0.0061 |
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| Return On Equity | 0.17 | 0.12 |
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For Equitable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Equitable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Equitable Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Equitable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Equitable Group over time as well as its relative position and ranking within its peers.
Equitable |
Equitable Group Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Equitable's current stock value. Our valuation model uses many indicators to compare Equitable value to that of its competitors to determine the firm's financial worth. Equitable Group is rated # 2 in net income category among its peers. It is rated # 5 in price to book category among its peers . The ratio of Net Income to Price To Book for Equitable Group is about 315,173,876 . At this time, Equitable's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Equitable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equitable's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Equitable Price To Book vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Equitable |
| = | 445.91 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Equitable |
| = | 1.41 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.
Equitable Price To Book Comparison
Equitable is currently under evaluation in price to book category among its peers.
Equitable Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Equitable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Equitable will eventually generate negative long term returns. The profitability progress is the general direction of Equitable's change in net profit over the period of time. It can combine multiple indicators of Equitable, 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 | -4.6 M | -4.9 M | |
| Operating Income | 1.4 B | 1.5 B | |
| Income Before Tax | 692.8 M | 727.5 M | |
| Total Other Income Expense Net | 692.8 M | 727.5 M | |
| Net Income | 512.8 M | 538.4 M | |
| Income Tax Expense | 180.1 M | 189.1 M | |
| Net Income From Continuing Ops | 310.7 M | 196.2 M | |
| Net Income Applicable To Common Shares | 304.3 M | 191.1 M | |
| Net Interest Income | 846 M | 475.3 M | |
| Interest Income | 1.9 B | 1.1 B | |
| Change To Netincome | 3.8 M | 3.6 M | |
| Net Income Per Share | 7.01 | 7.36 | |
| Income Quality | 0.10 | 0.09 | |
| Net Income Per E B T | 0.66 | 0.58 |
Equitable Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Equitable. 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 Equitable 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 Equitable's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Equitable position
In addition to having Equitable 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?
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Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
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Other Information on Investing in Equitable Stock
To fully project Equitable's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Equitable Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Equitable's income statement, its balance sheet, and the statement of cash flows.