Cable One Stock Price To Earning
CABO Stock | USD 419.57 0.10 0.02% |
Cable One fundamentals help investors to digest information that contributes to Cable One's financial success or failures. It also enables traders to predict the movement of Cable Stock. The fundamental analysis module provides a way to measure Cable One's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cable One stock.
Cable | Price To Earning |
Cable One Company Price To Earning Analysis
Cable One's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Cable One Price To Earning | 13.93 X |
Most of Cable One's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cable One is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cable Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Cable One is extremely important. It helps to project a fair market value of Cable Stock properly, considering its historical fundamentals such as Price To Earning. Since Cable One's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cable One's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cable One's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Cable Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Cable One has a Price To Earning of 13.93 times. This is 83.7% lower than that of the Media sector and 72.16% lower than that of the Communication Services industry. The price to earning for all United States stocks is 51.5% higher than that of the company.
Cable Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cable One's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cable One could also be used in its relative valuation, which is a method of valuing Cable One by comparing valuation metrics of similar companies.Cable One is currently under evaluation in price to earning category among its peers.
Cable One Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cable One from analyzing Cable One's financial statements. These drivers represent accounts that assess Cable One's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cable One's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 8.5B | 13.1B | 10.6B | 4.2B | 3.1B | 4.8B | |
Enterprise Value | 10.1B | 14.7B | 14.1B | 7.8B | 6.6B | 6.3B |
Cable One ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cable One's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cable One's managers, analysts, and investors.Environmental | Governance | Social |
Cable Fundamentals
Return On Equity | 0.12 | |||
Return On Asset | 0.0448 | |||
Profit Margin | 0.14 % | |||
Operating Margin | 0.29 % | |||
Current Valuation | 5.63 B | |||
Shares Outstanding | 5.62 M | |||
Shares Owned By Insiders | 10.36 % | |||
Shares Owned By Institutions | 89.64 % | |||
Number Of Shares Shorted | 760.47 K | |||
Price To Earning | 13.93 X | |||
Price To Book | 1.25 X | |||
Price To Sales | 1.47 X | |||
Revenue | 1.68 B | |||
Gross Profit | 1.24 B | |||
EBITDA | 897.73 M | |||
Net Income | 267.44 M | |||
Cash And Equivalents | 284.66 M | |||
Cash Per Share | 48.42 X | |||
Total Debt | 3.66 B | |||
Debt To Equity | 2.02 % | |||
Current Ratio | 1.68 X | |||
Book Value Per Share | 335.39 X | |||
Cash Flow From Operations | 663.17 M | |||
Short Ratio | 7.99 X | |||
Earnings Per Share | 45.05 X | |||
Price To Earnings To Growth | 5.11 X | |||
Target Price | 485.0 | |||
Number Of Employees | 2.99 K | |||
Beta | 0.83 | |||
Market Capitalization | 2.36 B | |||
Total Asset | 6.85 B | |||
Retained Earnings | 1.83 B | |||
Working Capital | 139.54 M | |||
Current Asset | 164.73 M | |||
Current Liabilities | 126.83 M | |||
Annual Yield | 0.03 % | |||
Five Year Return | 0.71 % | |||
Net Asset | 6.85 B | |||
Last Dividend Paid | 11.8 |
About Cable One Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cable One's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cable One using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cable One based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cable One
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 Cable One 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 Cable One will appreciate offsetting losses from the drop in the long position's value.Moving together with Cable Stock
Moving against Cable Stock
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The ability to find closely correlated positions to Cable One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cable One 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 Cable One - 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 Cable One to buy it.
The correlation of Cable One 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 Cable One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cable One 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 Cable One 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.Check out Cable One Piotroski F Score and Cable One Altman Z Score analysis. To learn how to invest in Cable Stock, please use our How to Invest in Cable One guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Cable & Satellite 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 Cable One. If investors know Cable 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 Cable One 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 0.434 | Dividend Share 11.8 | Earnings Share 45.05 | Revenue Per Share 285.587 | Quarterly Revenue Growth (0.06) |
The market value of Cable One is measured differently than its book value, which is the value of Cable that is recorded on the company's balance sheet. Investors also form their own opinion of Cable One's value that differs from its market value or its book value, called intrinsic value, which is Cable One'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 Cable One's market value can be influenced by many factors that don't directly affect Cable One'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 Cable One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cable One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cable One'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.