Best Historical Financial Ratios

BBY Stock  USD 81.87  1.81  2.26%   
Best Buy is presently reporting on over 100 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price Earnings Ratio of 26.02, Price To Sales Ratio of 0.17 or Dividend Yield of 0.0204 will help investors to properly organize and evaluate Best Buy financial condition quickly.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Best Financial Ratios Analysis

Best BuyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Best Buy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Best financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Best Buy history.

Best Buy Financial Ratios Chart

Best Buy Co financial ratios usually calculated using numerical values taken directly from Best Buy financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Best Buy. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
Interest Coverage is likely to rise to 2.25 in 2024, whereas Dividend Paid And Capex Coverage Ratio is likely to drop (6.55) in 2024.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Best Buy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Best Buy sales, a figure that is much harder to manipulate than other Best Buy Co multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Best Buy Co dividend as a percentage of Best Buy stock price. Best Buy dividend yield is a measure of Best Buy stock productivity, which can be interpreted as interest rate earned on an Best Buy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most ratios from Best Buy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Best Buy current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Interest Coverage is likely to rise to 2.25 in 2024, whereas Dividend Paid And Capex Coverage Ratio is likely to drop (6.55) in 2024.
 2010 2014 2020 2024 (projected)
Price Earnings Ratio15.1414.5613.2826.02
Short Term Coverage Ratios24.313.812.3347.2

Best Buy fundamentals Correlations

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0.81-0.44-0.461.0-0.580.020.46-0.2-0.61-0.04-0.53-0.68-0.99-0.94-0.45-0.570.64-0.970.21-0.80.04-0.51-0.75-0.610.0
-0.84-0.44-0.1-0.520.980.55-0.050.97-0.090.89-0.050.960.540.510.050.99-0.930.530.620.420.840.590.92-0.090.84
-0.37-0.46-0.1-0.440.08-0.86-0.99-0.220.98-0.491.00.010.470.120.980.02-0.260.58-0.83-0.14-0.590.40.150.98-0.61
0.861.0-0.52-0.44-0.65-0.020.46-0.29-0.59-0.12-0.52-0.74-1.0-0.94-0.45-0.640.71-0.980.15-0.79-0.04-0.55-0.81-0.59-0.07
-0.93-0.580.980.08-0.650.41-0.220.910.10.790.140.980.670.590.221.0-0.980.670.460.460.710.660.970.10.72
-0.160.020.55-0.86-0.020.410.790.59-0.790.78-0.820.510.00.31-0.80.48-0.24-0.110.950.490.83-0.040.37-0.790.86
0.470.46-0.05-0.990.46-0.220.790.06-0.940.34-0.98-0.12-0.49-0.13-1.0-0.150.39-0.610.730.160.45-0.48-0.26-0.940.47
-0.69-0.20.97-0.22-0.290.910.590.06-0.260.96-0.180.850.310.28-0.050.92-0.840.310.720.220.920.510.8-0.260.91
-0.42-0.61-0.090.98-0.590.1-0.79-0.94-0.26-0.520.990.070.60.310.940.04-0.270.69-0.840.06-0.620.390.211.0-0.62
-0.51-0.040.89-0.49-0.120.790.780.340.96-0.52-0.460.760.140.21-0.340.81-0.680.10.890.230.990.340.67-0.520.99
-0.43-0.53-0.051.0-0.520.14-0.82-0.98-0.180.99-0.460.070.540.210.980.07-0.310.65-0.81-0.06-0.560.430.220.99-0.57
-0.93-0.680.960.01-0.740.980.51-0.120.850.070.760.070.750.740.120.99-0.950.720.480.640.690.610.990.070.71
-0.88-0.990.540.47-1.00.670.0-0.490.310.60.140.540.750.920.480.66-0.730.99-0.150.760.050.570.820.60.08
-0.75-0.940.510.12-0.940.590.31-0.130.280.310.210.210.740.920.110.61-0.590.850.080.960.170.40.760.310.21
-0.46-0.450.050.98-0.450.22-0.8-1.0-0.050.94-0.340.980.120.480.110.15-0.390.6-0.73-0.17-0.450.480.250.94-0.47
-0.91-0.570.990.02-0.641.00.48-0.150.920.040.810.070.990.660.610.15-0.970.650.510.50.750.640.970.040.75
0.970.64-0.93-0.260.71-0.98-0.240.39-0.84-0.27-0.68-0.31-0.95-0.73-0.59-0.39-0.97-0.75-0.29-0.41-0.59-0.71-0.97-0.27-0.59
-0.9-0.970.530.58-0.980.67-0.11-0.610.310.690.10.650.720.990.850.60.65-0.75-0.230.660.00.610.810.690.03
-0.130.210.62-0.830.150.460.950.730.72-0.840.89-0.810.48-0.150.08-0.730.51-0.29-0.230.230.940.010.35-0.840.94
-0.57-0.80.42-0.14-0.790.460.490.160.220.060.23-0.060.640.760.96-0.170.5-0.410.660.230.220.220.630.060.27
-0.420.040.84-0.59-0.040.710.830.450.92-0.620.99-0.560.690.050.17-0.450.75-0.590.00.940.220.260.59-0.621.0
-0.71-0.510.590.4-0.550.66-0.04-0.480.510.390.340.430.610.570.40.480.64-0.710.610.010.220.260.660.390.25
-0.97-0.750.920.15-0.810.970.37-0.260.80.210.670.220.990.820.760.250.97-0.970.810.350.630.590.660.210.6
-0.42-0.61-0.090.98-0.590.1-0.79-0.94-0.261.0-0.520.990.070.60.310.940.04-0.270.69-0.840.06-0.620.390.21-0.62
-0.420.00.84-0.61-0.070.720.860.470.91-0.620.99-0.570.710.080.21-0.470.75-0.590.030.940.271.00.250.6-0.62
Click cells to compare fundamentals

Best Buy Account Relationship Matchups

Pair Trading with Best Buy

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 Best Buy 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 Best Buy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Best Stock

  0.73W Wayfair Financial Report 2nd of May 2024 PairCorr
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Moving against Best Stock

  0.55BGI Birks GroupPairCorr
  0.51FNKO Funko Inc Financial Report 2nd of May 2024 PairCorr
  0.51DIT AMCON Distributing Fiscal Quarter End 31st of March 2024 PairCorr
The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy 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 Best Buy - 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 Best Buy Co to buy it.
The correlation of Best Buy 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 Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy 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 Best Buy 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.
Pair CorrelationCorrelation Matching
When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
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Is Best Buy's industry 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 Best Buy. If investors know Best 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 Best Buy 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
(0.05)
Dividend Share
3.68
Earnings Share
5.68
Revenue Per Share
199.596
Quarterly Revenue Growth
(0.01)
The market value of Best Buy is measured differently than its book value, which is the value of Best that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy'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 Best Buy's market value can be influenced by many factors that don't directly affect Best Buy'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 Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy'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.