Telus Corp Return On Equity vs. Price To Book
| T Stock | CAD 21.80 0.01 0.05% |
For Telus Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Telus Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Telus Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Telus Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Telus Corp over time as well as its relative position and ranking within its peers.
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Telus Corp Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Telus Corp's current stock value. Our valuation model uses many indicators to compare Telus Corp value to that of its competitors to determine the firm's financial worth. Telus Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in price to book category among its peers fabricating about 38.26 of Price To Book per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Telus Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Telus Corp'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.Telus Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Telus Corp |
| = | 0.0539 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Telus Corp |
| = | 2.06 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.
Telus Price To Book Comparison
Telus Corp is currently under evaluation in price to book category among its peers.
Telus Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Telus Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Telus Corp will eventually generate negative long term returns. The profitability progress is the general direction of Telus Corp's change in net profit over the period of time. It can combine multiple indicators of Telus 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.
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. TELUS Corporation was incorporated in 1998 and is headquartered in Vancouver, Canada. TELUS CORPORATION operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 90800 people.
Telus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Telus 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 Telus 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 Telus Corp's important profitability drivers and their relationship over time.
Use Telus 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 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.Telus Corp Pair Trading
Telus Corp Pair Trading Analysis
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.Use Investing Themes to Complement your Telus Corp position
In addition to having Telus 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?
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Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 constituents at this time.
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Check out World Market Map. To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
To fully project Telus Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Telus Corp 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 Telus Corp's income statement, its balance sheet, and the statement of cash flows.