Blackstone Price to Earnings Ratio vs EPS Growth Analysis

BX Stock  USD 130.89  3.01  2.35%   
Trend analysis of Blackstone Group balance sheet accounts such as Total Stockholder Equity of 6.7 B or Property Plant And Equipment Net of 1.5 B provides information on Blackstone's total assets, liabilities, and equity, which is the actual value of Blackstone Group to its prevalent stockholders. By breaking down trends over time using Blackstone balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

About Blackstone Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Blackstone Group at a specified time, usually calculated after every quarter, six months, or one year. Blackstone Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blackstone and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Blackstone currently owns. An asset can also be divided into two categories, current and non-current.

Blackstone Balance Sheet Chart

Blackstone Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Blackstone Group uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Blackstone's Property Plant Equipment is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 1.9 B in 2024, whereas Total Assets are likely to drop slightly above 27.8 B in 2024.

Total Assets

Total assets refers to the total amount of Blackstone assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Blackstone Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Blackstone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackstone Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Blackstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
At this time, Blackstone's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 32.51 in 2024, whereas Tax Provision is likely to drop slightly above 463.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense198.3M317.2M431.9M437.2M
Depreciation And Amortization74.9M67.1M134.2M140.9M

Blackstone fundamental ratios Correlations

0.160.520.370.660.60.330.15-0.230.790.55-0.17-0.70.240.91-0.04-0.53-0.410.56-0.320.420.40.49-0.450.380.14
0.160.23-0.660.29-0.21-0.160.27-0.39-0.030.30.0-0.020.81-0.07-0.29-0.38-0.46-0.57-0.34-0.05-0.37-0.64-0.340.28-0.43
0.520.23-0.180.540.66-0.460.760.020.670.85-0.22-0.880.660.370.15-0.59-0.86-0.02-0.850.040.49-0.03-0.890.710.42
0.37-0.66-0.18-0.080.190.44-0.250.090.19-0.17-0.29-0.07-0.60.650.050.330.350.960.320.190.490.960.27-0.270.45
0.660.290.54-0.080.390.190.020.050.710.33-0.06-0.630.340.450.34-0.43-0.550.04-0.520.12-0.01-0.04-0.580.59-0.12
0.6-0.210.660.190.390.00.350.030.730.560.18-0.850.130.550.14-0.64-0.430.41-0.430.090.610.37-0.510.50.32
0.33-0.16-0.460.440.190.0-0.79-0.430.21-0.460.150.06-0.440.3-0.240.090.410.430.530.29-0.220.350.36-0.28-0.36
0.150.270.76-0.250.020.35-0.790.030.120.77-0.16-0.40.560.11-0.1-0.34-0.54-0.16-0.55-0.020.58-0.1-0.510.370.59
-0.23-0.390.020.090.050.03-0.430.03-0.11-0.14-0.30.05-0.2-0.090.920.27-0.030.05-0.25-0.180.090.06-0.060.150.08
0.79-0.030.670.190.710.730.210.12-0.110.610.0-0.890.260.670.15-0.64-0.590.37-0.550.10.340.33-0.670.610.17
0.550.30.85-0.170.330.56-0.460.77-0.140.61-0.07-0.720.640.41-0.09-0.58-0.720.01-0.660.080.450.03-0.720.70.41
-0.170.0-0.22-0.29-0.060.180.15-0.16-0.30.0-0.070.11-0.19-0.22-0.35-0.410.29-0.210.29-0.29-0.18-0.180.29-0.07-0.2
-0.7-0.02-0.88-0.07-0.63-0.850.06-0.40.05-0.89-0.720.11-0.45-0.57-0.190.640.77-0.270.73-0.09-0.45-0.220.84-0.72-0.28
0.240.810.66-0.60.340.13-0.440.56-0.20.260.64-0.19-0.450.04-0.05-0.5-0.87-0.46-0.78-0.17-0.13-0.51-0.790.65-0.16
0.91-0.070.370.650.450.550.30.11-0.090.670.41-0.22-0.570.040.02-0.34-0.250.8-0.220.260.520.76-0.30.230.29
-0.04-0.290.150.050.340.14-0.24-0.10.920.15-0.09-0.35-0.19-0.050.020.13-0.250.05-0.43-0.17-0.030.01-0.290.36-0.09
-0.53-0.38-0.590.33-0.43-0.640.09-0.340.27-0.64-0.58-0.410.64-0.5-0.340.130.530.090.50.01-0.210.110.53-0.390.07
-0.41-0.46-0.860.35-0.55-0.430.41-0.54-0.03-0.59-0.720.290.77-0.87-0.25-0.250.530.190.970.14-0.070.250.99-0.82-0.04
0.56-0.57-0.020.960.040.410.43-0.160.050.370.01-0.21-0.27-0.460.80.050.090.190.170.190.560.980.1-0.110.42
-0.32-0.34-0.850.32-0.52-0.430.53-0.55-0.25-0.55-0.660.290.73-0.78-0.22-0.430.50.970.170.25-0.130.210.96-0.79-0.1
0.42-0.050.040.190.120.090.29-0.02-0.180.10.08-0.29-0.09-0.170.26-0.170.010.140.190.250.120.210.12-0.23-0.02
0.4-0.370.490.49-0.010.61-0.220.580.090.340.45-0.18-0.45-0.130.52-0.03-0.21-0.070.56-0.130.120.59-0.140.030.85
0.49-0.64-0.030.96-0.040.370.35-0.10.060.330.03-0.18-0.22-0.510.760.010.110.250.980.210.210.590.15-0.170.5
-0.45-0.34-0.890.27-0.58-0.510.36-0.51-0.06-0.67-0.720.290.84-0.79-0.3-0.290.530.990.10.960.12-0.140.15-0.83-0.1
0.380.280.71-0.270.590.5-0.280.370.150.610.7-0.07-0.720.650.230.36-0.39-0.82-0.11-0.79-0.230.03-0.17-0.830.03
0.14-0.430.420.45-0.120.32-0.360.590.080.170.41-0.2-0.28-0.160.29-0.090.07-0.040.42-0.1-0.020.850.5-0.10.03
Click cells to compare fundamentals

Blackstone Account Relationship Matchups

Blackstone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.6B26.3B41.2B42.5B40.3B27.8B
Total Stockholder Equity7.0B6.7B9.4B7.7B6.8B6.7B
Property Plant And Equipment Net625.5M758.8M1.0B897.0M1.4B1.5B
Net Debt9.6B4.3B6.6B9.2B9.0B6.5B
Cash2.2B2.0B2.1B4.3B3.3B3.4B
Non Current Assets Total25.2B18.8B32.0B30.6B6.1M5.8M
Other Assets1.6B1.4B1.8B3.1B37.3B39.2B
Cash And Short Term Investments2.2B2.0B2.1B4.3B3.3B4.6B
Net Receivables3.6B4.1B5.3B4.6B4.7B2.7B
Common Stock Shares Outstanding676.2M697.3M719.8M740.9M755.4M616.8M
Liabilities And Stockholders Equity32.6B26.3B41.2B42.5B40.3B27.8B
Other Current Assets(6.1B)(6.2B)(7.5B)(9.1B)(7.9B)(7.5B)
Other Stockholder Equity6.4B6.3B5.8B5.9B6.2B6.5B
Total Current Assets5.7B6.1B7.4B8.9B3.0B5.8B
Short Long Term Debt Total11.8B6.3B8.7B13.5B12.3B8.5B
Other Current Liab(806.2M)(717.1M)(937.2M)(1.2B)(2.4B)(2.3B)
Other Liab1.1B1.1B1.9B2.3B2.0B1.3B
Accounts Payable806.2M717.1M937.2M1.2B2.3B2.4B
Long Term Debt11.1B5.6B7.7B12.3B14.2B7.8B
Non Current Liabilities Total11.8B6.3B8.7B1.2B22.2B23.3B
Property Plant Equipment625.5M526.9M789.0M897.0M1.0B1.1B
Total Current Liabilities806.2M717.1M937.2M1.2B2.4B2.3B
Non Currrent Assets Other(1.1B)(1.2B)(1.6B)(2.1B)(32.1B)(30.5B)
Property Plant And Equipment Gross625.5M758.8M1.3B1.6B1.8B1.9B
Short Term Debt238.8M168.8M178.1M232.1M163.0M154.9M
Net Tangible Assets4.8B4.5B7.2B7.3B6.5B7.2B
Long Term Debt Total11.1B5.6B7.7B12.3B14.2B10.3B
Long Term Investments22.3B15.6B28.7B27.6B26.3B22.7B
Non Current Liabilities Other772.7M748.7M993.9M1.1B1.3B1.3B

Pair Trading with Blackstone

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

Moving against Blackstone Stock

  0.5SNTG Sentage Holdings Report 6th of May 2024 PairCorr
  0.47MCBK Madison County FinancialPairCorr
The ability to find closely correlated positions to Blackstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackstone 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 Blackstone - 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 Blackstone Group to buy it.
The correlation of Blackstone 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 Blackstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackstone Group 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 Blackstone 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 Blackstone Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blackstone'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 Blackstone Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackstone Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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Is Blackstone'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 Blackstone. If investors know Blackstone 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 Blackstone 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
(0.73)
Dividend Share
3.35
Earnings Share
1.84
Revenue Per Share
10.175
Quarterly Revenue Growth
(0.30)
The market value of Blackstone Group is measured differently than its book value, which is the value of Blackstone that is recorded on the company's balance sheet. Investors also form their own opinion of Blackstone's value that differs from its market value or its book value, called intrinsic value, which is Blackstone'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 Blackstone's market value can be influenced by many factors that don't directly affect Blackstone'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 Blackstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone'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.