Best Historical Financial Ratios

BBY Stock  USD 82.03  0.16  0.20%   
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

Best Buy Investors Sentiment

The influence of Best Buy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Best. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Best Buy's public news can be used to forecast risks associated with an investment in Best. The trend in average sentiment can be used to explain how an investor holding Best can time the market purely based on public headlines and social activities around Best Buy Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Best Buy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Best Buy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Best Buy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Best Buy.

Best Buy Implied Volatility

    
  23.2  
Best Buy's implied volatility exposes the market's sentiment of Best Buy Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Best Buy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Best Buy stock will not fluctuate a lot when Best Buy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Best Buy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Best Buy's short interest history, or implied volatility extrapolated from Best Buy options trading.

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

  0.77W Wayfair Financial Report 2nd of May 2024 PairCorr
  0.66HD Home Depot Financial Report 21st of May 2024 PairCorr

Moving against Best Stock

  0.48PDD Pinduoduo Financial Report 24th of May 2024 PairCorr
  0.46WNW Meiwu Technology Report 10th of May 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Best Stock analysis

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.