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)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Paramount Global, historical price multiples (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Price to earnings (P/E) 14.61 3.53 4.85 4.84 5.19 7.12 8.00 8.76 16.78 13.36 12.10 5.42 5.43 3.43 4.78 5.55 9.64
Price to operating profit (P/OP) 31.34 6.53 2.26 3.20 3.50 3.71 4.93 5.67 5.17 9.82 5.94 5.22 3.00 4.21 2.87 4.15 4.97 6.82
Price to sales (P/S) 0.36 0.51 0.36 0.55 0.68 0.82 0.85 1.01 0.94 1.61 0.72 0.63 0.37 0.65 0.57 0.88 1.06 1.30
Price to book value (P/BV) 0.49 0.66 0.48 0.72 0.86 1.04 1.13 1.34 1.29 2.64 1.24 1.19 0.75 1.36 2.80 4.01 4.35 6.74 8.71 9.15 10.16

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

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 increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
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 increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.
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 increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level.

Price to Earnings (P/E)

Paramount Global, historical P/E calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 651,557,231 650,516,853 649,174,411 649,126,901 649,100,518 648,584,674 647,413,846 646,521,009 646,293,829 619,606,133 617,246,033 616,037,880 615,373,324 613,739,990 374,727,596 374,666,806 374,812,520 372,969,983 374,295,243 376,032,500 378,988,424
Selected Financial Data (US$)
Net earnings (loss) attributable to Paramount common stock (in millions) (1,132) 5 217 405 419 2,043 524 1,022 910 810 615 481 516 (258) 630 977 1,959 561 488 400 511
Earnings per share (EPS)2 -0.78 1.61 4.75 5.22 6.17 6.94 5.04 5.19 4.36 3.91 2.19 2.22 3.03 5.39 11.01 10.64 9.09 5.26 0.00 0.00 0.00
Share price1, 3 16.40 23.50 16.79 25.31 29.88 35.99 35.90 41.55 38.15 65.60 29.30 26.89 16.42 29.29 37.76 50.82 50.42 50.64 58.49 52.72 53.17
Valuation Ratio
P/E ratio4 14.61 3.53 4.85 4.84 5.19 7.12 8.00 8.76 16.78 13.36 12.10 5.42 5.43 3.43 4.78 5.55 9.64
Benchmarks
P/E Ratio, Competitors5
Alphabet Inc. 22.64 22.47 18.32 20.58 20.32 25.74 27.53 28.90 31.05 34.65 30.70 31.99 26.52 28.96
Comcast Corp. 29.69 31.38 25.58 12.39 13.00 16.01 16.37 21.39 22.12 22.37 19.10 17.33 14.74 15.39
Meta Platforms Inc. 28.51 21.10 9.01 12.84 14.91 16.44 21.80 25.93 27.69 25.89 29.65 30.73 27.83 32.31
Netflix Inc. 34.72 36.17 23.66 19.54 19.36 33.56 57.28 51.57 60.01 86.39 76.39 82.63 85.48 80.66
Walt Disney Co. 61.51 54.90 65.23 72.29 86.97 137.89 289.34 33.92 25.19 23.96 20.74 18.03 15.32 13.36

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
EPS = (Net earnings (loss) attributable to Paramount common stockQ1 2023 + Net earnings (loss) attributable to Paramount common stockQ4 2022 + Net earnings (loss) attributable to Paramount common stockQ3 2022 + Net earnings (loss) attributable to Paramount common stockQ2 2022) ÷ No. shares of common stock outstanding
= (-1,132,000,000 + 5,000,000 + 217,000,000 + 405,000,000) ÷ 651,557,231 = -0.78

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

4 Q1 2023 Calculation
P/E ratio = Share price ÷ EPS
= 16.40 ÷ -0.78 =

5 Click competitor name to see calculations.


Price to Operating Profit (P/OP)

Paramount Global, historical P/OP calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 651,557,231 650,516,853 649,174,411 649,126,901 649,100,518 648,584,674 647,413,846 646,521,009 646,293,829 619,606,133 617,246,033 616,037,880 615,373,324 613,739,990 374,727,596 374,666,806 374,812,520 372,969,983 374,295,243 376,032,500 378,988,424
Selected Financial Data (US$)
Operating income (loss) (in millions) (1,226) 182 566 819 775 2,664 879 1,226 1,528 1,083 903 1,251 902 (13) 1,036 1,446 1,804 647 690 659 772
Operating profit per share2 0.52 3.60 7.43 7.91 8.54 9.71 7.28 7.33 7.37 6.68 4.93 5.16 5.48 6.96 13.16 12.24 10.14 7.42 0.00 0.00 0.00
Share price1, 3 16.40 23.50 16.79 25.31 29.88 35.99 35.90 41.55 38.15 65.60 29.30 26.89 16.42 29.29 37.76 50.82 50.42 50.64 58.49 52.72 53.17
Valuation Ratio
P/OP ratio4 31.34 6.53 2.26 3.20 3.50 3.71 4.93 5.67 5.17 9.82 5.94 5.22 3.00 4.21 2.87 4.15 4.97 6.82
Benchmarks
P/OP Ratio, Competitors5
Alphabet Inc. 18.38 18.01 15.62 17.97 18.39 24.86 26.82 29.02 32.10 33.85 31.47 30.75 25.72 29.05
Comcast Corp. 11.89 12.00 9.64 7.83 8.75 10.89 11.91 14.39 14.66 13.47 10.47 9.93 8.26 9.51
Meta Platforms Inc. 22.11 16.91 7.39 10.83 12.68 13.84 18.71 22.67 24.49 23.10 26.06 25.90 21.96 24.90
Netflix Inc. 27.12 28.85 20.88 16.77 15.62 27.71 44.39 37.28 40.38 52.02 52.42 59.01 61.48 57.82
Walt Disney Co. 32.61 26.43 31.54 35.31 53.03 91.54 197.21 242.78 21.67 26.30 24.82 21.70 18.48 11.63 11.37

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
Operating profit per share = (Operating income (loss)Q1 2023 + Operating income (loss)Q4 2022 + Operating income (loss)Q3 2022 + Operating income (loss)Q2 2022) ÷ No. shares of common stock outstanding
= (-1,226,000,000 + 182,000,000 + 566,000,000 + 819,000,000) ÷ 651,557,231 = 0.52

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

4 Q1 2023 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 16.40 ÷ 0.52 = 31.34

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 increased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.

Price to Sales (P/S)

Paramount Global, historical P/S calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 651,557,231 650,516,853 649,174,411 649,126,901 649,100,518 648,584,674 647,413,846 646,521,009 646,293,829 619,606,133 617,246,033 616,037,880 615,373,324 613,739,990 374,727,596 374,666,806 374,812,520 372,969,983 374,295,243 376,032,500 378,988,424
Selected Financial Data (US$)
Revenues (in millions) 7,265 8,131 6,916 7,779 7,328 8,000 6,610 6,564 7,412 6,874 5,837 6,075 6,499 6,871 6,698 7,143 7,100 4,024 3,263 3,466 3,761
Sales per share2 46.18 46.35 46.25 45.78 43.91 44.07 42.41 41.28 40.54 40.81 40.96 42.44 44.22 45.32 66.62 57.46 47.63 38.91 0.00 0.00 0.00
Share price1, 3 16.40 23.50 16.79 25.31 29.88 35.99 35.90 41.55 38.15 65.60 29.30 26.89 16.42 29.29 37.76 50.82 50.42 50.64 58.49 52.72 53.17
Valuation Ratio
P/S ratio4 0.36 0.51 0.36 0.55 0.68 0.82 0.85 1.01 0.94 1.61 0.72 0.63 0.37 0.65 0.57 0.88 1.06 1.30
Benchmarks
P/S Ratio, Competitors5
Alphabet Inc. 4.66 4.76 4.35 5.33 5.60 7.60 8.13 8.26 8.11 7.65 6.39 6.08 5.49 6.14
Comcast Corp. 1.40 1.39 1.14 1.43 1.55 1.95 2.08 2.45 2.49 2.28 1.89 1.89 1.58 1.84
Meta Platforms Inc. 5.21 4.20 2.20 3.62 4.65 5.49 7.82 9.64 9.90 8.78 9.49 9.62 7.95 8.45
Netflix Inc. 4.57 5.14 3.79 3.21 3.19 5.78 10.10 8.21 8.55 9.54 9.00 9.79 8.91 7.47
Walt Disney Co. 2.42 2.09 2.53 2.50 3.67 4.08 5.12 5.55 5.70 4.13 3.04 2.33 3.48 3.81 3.95 4.07 2.83 2.83

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
Sales per share = (RevenuesQ1 2023 + RevenuesQ4 2022 + RevenuesQ3 2022 + RevenuesQ2 2022) ÷ No. shares of common stock outstanding
= (7,265,000,000 + 8,131,000,000 + 6,916,000,000 + 7,779,000,000) ÷ 651,557,231 = 46.18

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

4 Q1 2023 Calculation
P/S ratio = Share price ÷ Sales per share
= 16.40 ÷ 46.18 = 0.36

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 increased from Q3 2022 to Q4 2022 but then decreased significantly from Q4 2022 to Q1 2023.

Price to Book Value (P/BV)

Paramount Global, historical P/BV calculation (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 651,557,231 650,516,853 649,174,411 649,126,901 649,100,518 648,584,674 647,413,846 646,521,009 646,293,829 619,606,133 617,246,033 616,037,880 615,373,324 613,739,990 374,727,596 374,666,806 374,812,520 372,969,983 374,295,243 376,032,500 378,988,424
Selected Financial Data (US$)
Total Paramount stockholders’ equity (in millions) 21,851 23,036 22,647 22,776 22,664 22,402 20,559 20,098 19,171 15,371 14,556 13,874 13,449 13,207 5,052 4,753 4,349 2,804 2,514 2,167 1,983
Book value per share (BVPS)2 33.54 35.41 34.89 35.09 34.92 34.54 31.76 31.09 29.66 24.81 23.58 22.52 21.86 21.52 13.48 12.69 11.60 7.52 6.72 5.76 5.23
Share price1, 3 16.40 23.50 16.79 25.31 29.88 35.99 35.90 41.55 38.15 65.60 29.30 26.89 16.42 29.29 37.76 50.82 50.42 50.64 58.49 52.72 53.17
Valuation Ratio
P/BV ratio4 0.49 0.66 0.48 0.72 0.86 1.04 1.13 1.34 1.29 2.64 1.24 1.19 0.75 1.36 2.80 4.01 4.35 6.74 8.71 9.15 10.16
Benchmarks
P/BV Ratio, Competitors5
Alphabet Inc. 5.08 5.26 4.84 5.80 5.96 7.78 7.95 7.66 6.93 6.27 5.15 4.87 4.50 4.94 4.47 4.51 4.50
Comcast Corp. 2.04 2.08 1.72 1.90 1.97 2.36 2.48 2.81 2.80 2.61 2.29 2.39 2.11 2.43 2.61 2.64 2.60
Meta Platforms Inc. 4.90 3.89 2.09 3.43 4.52 5.18 6.59 7.31 6.99 5.88 6.37 6.54 5.54 5.91 5.81 6.45 6.38
Netflix Inc. 6.68 7.82 5.81 5.22 5.53 10.83 18.89 16.34 17.51 21.56 20.75 23.74 22.69 19.86 17.58 22.60 27.62
Walt Disney Co. 2.12 1.82 2.22 2.11 2.98 3.11 3.76 3.79 4.12 3.23 2.47 2.02 2.91 2.98 2.82 2.70 3.34 3.45 3.76 3.36 3.69

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2023 Calculation
BVPS = Total Paramount stockholders’ equity ÷ No. shares of common stock outstanding
= 21,851,000,000 ÷ 651,557,231 = 33.54

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

4 Q1 2023 Calculation
P/BV ratio = Share price ÷ BVPS
= 16.40 ÷ 33.54 = 0.49

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 increased from Q3 2022 to Q4 2022 but then slightly decreased from Q4 2022 to Q1 2023 not reaching Q3 2022 level.