Stock Analysis on Net

Paramount Global (NASDAQ:PARA)

This company has been moved to the archive! The financial data has not been updated since May 4, 2023.

Common Stock Valuation Ratios (Price Multiples)

Microsoft Excel

Current Valuation Ratios

Paramount Global, current price multiples

Microsoft Excel
Paramount Global Alphabet Inc. Comcast Corp. Meta Platforms Inc. Netflix Inc. Walt Disney Co. Media & Entertainment Communication Services
Selected Financial Data
Current share price (P) $16.40
No. shares of common stock outstanding 651,557,231
Growth rate (g) 17.42%
 
Earnings per share (EPS) $1.61
Next year expected EPS $1.89
Operating profit per share $3.59
Sales per share $46.28
Book value per share (BVPS) $35.36
Valuation Ratios (Price Multiples)
Price to earnings (P/E) 10.22 29.42 10.69 36.51 69.86 41.62 45.20 44.59
Price to next year expected earnings 8.70 23.95 9.94 29.59 54.88 40.97 38.69 40.02
Price-earnings-growth (PEG) 0.59 1.29 1.41 1.56 2.56 26.48 2.68 3.91
Price to operating profit (P/OP) 4.56 25.75 7.06 30.54 54.33 24.87 33.44 30.55
Price to sales (P/S) 0.35 7.06 1.35 10.58 11.20 2.26 6.84 5.10
Price to book value (P/BV) 0.46 7.66 1.99 9.32 18.35 2.05 7.51 5.93

Based on: 10-K (reporting date: 2022-12-31).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

Paramount Global, historical price multiples

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Price to earnings (P/E) 14.61 5.19 16.78 5.43 9.64
Price to operating profit (P/OP) 6.53 3.71 9.82 4.21 6.82
Price to sales (P/S) 0.51 0.82 1.61 0.65 1.30
Price to book value (P/BV) 0.66 1.04 2.64 1.36 6.74

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Paramount Global P/E ratio decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Paramount Global P/OP ratio decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Paramount Global P/S ratio decreased from 2020 to 2021 and from 2021 to 2022.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Paramount Global P/BV ratio decreased from 2020 to 2021 and from 2021 to 2022.

Price to Earnings (P/E)

Paramount Global, historical P/E calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
No. shares of common stock outstanding1 650,516,853 648,584,674 619,606,133 613,739,990 372,969,983
Selected Financial Data (US$)
Net earnings attributable to Paramount common stock (in millions) 1,046 4,499 2,422 3,308 1,960
Earnings per share (EPS)2 1.61 6.94 3.91 5.39 5.26
Share price1, 3 23.50 35.99 65.60 29.29 50.64
Valuation Ratio
P/E ratio4 14.61 5.19 16.78 5.43 9.64
Benchmarks
P/E Ratio, Competitors5
Alphabet Inc. 22.47 25.74 34.65 28.96
Comcast Corp. 31.38 16.01 22.37 15.39
Meta Platforms Inc. 21.10 16.44 25.89 32.31
Netflix Inc. 36.17 33.56 86.39 80.66
Walt Disney Co. 54.90 137.89 23.96
P/E Ratio, Sector
Media & Entertainment 24.34 23.98 36.25 28.02
P/E Ratio, Industry
Communication Services 25.39 21.07 36.50 24.23

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Data adjusted for splits and stock dividends.

2 2022 Calculation
EPS = Net earnings attributable to Paramount common stock ÷ No. shares of common stock outstanding
= 1,046,000,000 ÷ 650,516,853 = 1.61

3 Closing price as at the filing date of Paramount Global Annual Report.

4 2022 Calculation
P/E ratio = Share price ÷ EPS
= 23.50 ÷ 1.61 = 14.61

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Paramount Global P/E ratio decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.

Price to Operating Profit (P/OP)

Paramount Global, historical P/OP calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
No. shares of common stock outstanding1 650,516,853 648,584,674 619,606,133 613,739,990 372,969,983
Selected Financial Data (US$)
Operating income (in millions) 2,342 6,297 4,139 4,273 2,768
Operating profit per share2 3.60 9.71 6.68 6.96 7.42
Share price1, 3 23.50 35.99 65.60 29.29 50.64
Valuation Ratio
P/OP ratio4 6.53 3.71 9.82 4.21 6.82
Benchmarks
P/OP Ratio, Competitors5
Alphabet Inc. 18.01 24.86 33.85 29.05
Comcast Corp. 12.00 10.89 13.47 9.51
Meta Platforms Inc. 16.91 13.84 23.10 24.90
Netflix Inc. 28.85 27.71 52.02 57.82
Walt Disney Co. 26.43 91.54 24.82
P/OP Ratio, Sector
Media & Entertainment 18.01 21.08 30.78 23.84
P/OP Ratio, Industry
Communication Services 17.40 17.55 25.62 17.85

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Data adjusted for splits and stock dividends.

2 2022 Calculation
Operating profit per share = Operating income ÷ No. shares of common stock outstanding
= 2,342,000,000 ÷ 650,516,853 = 3.60

3 Closing price as at the filing date of Paramount Global Annual Report.

4 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 23.50 ÷ 3.60 = 6.53

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Paramount Global P/OP ratio decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.

Price to Sales (P/S)

Paramount Global, historical P/S calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
No. shares of common stock outstanding1 650,516,853 648,584,674 619,606,133 613,739,990 372,969,983
Selected Financial Data (US$)
Revenues (in millions) 30,154 28,586 25,285 27,812 14,514
Sales per share2 46.35 44.07 40.81 45.32 38.91
Share price1, 3 23.50 35.99 65.60 29.29 50.64
Valuation Ratio
P/S ratio4 0.51 0.82 1.61 0.65 1.30
Benchmarks
P/S Ratio, Competitors5
Alphabet Inc. 4.76 7.60 7.65 6.14
Comcast Corp. 1.39 1.95 2.28 1.84
Meta Platforms Inc. 4.20 5.49 8.78 8.45
Netflix Inc. 5.14 5.78 9.54 7.47
Walt Disney Co. 2.09 4.08 4.13 3.81
P/S Ratio, Sector
Media & Entertainment 3.68 5.56 6.26 5.12
P/S Ratio, Industry
Communication Services 2.91 3.94 4.19 3.54

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Data adjusted for splits and stock dividends.

2 2022 Calculation
Sales per share = Revenues ÷ No. shares of common stock outstanding
= 30,154,000,000 ÷ 650,516,853 = 46.35

3 Closing price as at the filing date of Paramount Global Annual Report.

4 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 23.50 ÷ 46.35 = 0.51

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Paramount Global P/S ratio decreased from 2020 to 2021 and from 2021 to 2022.

Price to Book Value (P/BV)

Paramount Global, historical P/BV calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
No. shares of common stock outstanding1 650,516,853 648,584,674 619,606,133 613,739,990 372,969,983
Selected Financial Data (US$)
Total Paramount stockholders’ equity (in millions) 23,036 22,402 15,371 13,207 2,804
Book value per share (BVPS)2 35.41 34.54 24.81 21.52 7.52
Share price1, 3 23.50 35.99 65.60 29.29 50.64
Valuation Ratio
P/BV ratio4 0.66 1.04 2.64 1.36 6.74
Benchmarks
P/BV Ratio, Competitors5
Alphabet Inc. 5.26 7.78 6.27 4.94
Comcast Corp. 2.08 2.36 2.61 2.43
Meta Platforms Inc. 3.89 5.18 5.88 5.91
Netflix Inc. 7.82 10.83 21.56 19.86
Walt Disney Co. 1.82 3.11 3.23 2.98
P/BV Ratio, Sector
Media & Entertainment 4.05 5.68 5.40 4.58
P/BV Ratio, Industry
Communication Services 3.38 4.28 4.19 3.70

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 Data adjusted for splits and stock dividends.

2 2022 Calculation
BVPS = Total Paramount stockholders’ equity ÷ No. shares of common stock outstanding
= 23,036,000,000 ÷ 650,516,853 = 35.41

3 Closing price as at the filing date of Paramount Global Annual Report.

4 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 23.50 ÷ 35.41 = 0.66

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Paramount Global P/BV ratio decreased from 2020 to 2021 and from 2021 to 2022.