Blackstone Price to Sales Ratio vs Profit Margin Analysis

BX Stock  USD 120.32  2.87  2.33%   
Blackstone financial indicator trend analysis is way more than just evaluating Blackstone Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackstone Group is a good investment. Please check the relationship between Blackstone Price To Sales Ratio and its Net Profit Margin accounts. 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.

Price To Sales Ratio vs Net Profit Margin

Price to Sales Ratio vs Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Group Price to Sales Ratio account and Profit Margin. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blackstone's Price to Sales Ratio and Profit Margin is 0.19. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Profit Margin in the same time period over historical financial statements of Blackstone Group, assuming nothing else is changed. The correlation between historical values of Blackstone's Price to Sales Ratio and Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Blackstone Group are associated (or correlated) with its Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Profit Margin has no effect on the direction of Price to Sales Ratio i.e., Blackstone's Price to Sales Ratio and Profit Margin go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Blackstone Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Blackstone sales, a figure that is much harder to manipulate than other Blackstone Group 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.

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
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 Over EBITDA 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 Outstanding676.2M697.3M720.1M740.9M755.4M616.9M
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 together with Blackstone Stock

  0.64BK Bank of New York Financial Report 16th of July 2024 PairCorr
  0.71CG Carlyle Group Financial Report 2nd of May 2024 PairCorr

Moving against Blackstone Stock

  0.64WAVS Western AcquisitionPairCorr
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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.