Equitable Dividend Yield vs Pb Ratio Analysis

EQB Stock  CAD 85.92  1.22  1.44%   
Equitable financial indicator trend analysis is much more than just examining Equitable Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equitable Group is a good investment. Please check the relationship between Equitable Dividend Yield and its Pb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable 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 board of governors.

Dividend Yield vs Pb Ratio

Dividend Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equitable Group Dividend Yield account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Equitable's Dividend Yield and Pb Ratio is -0.79. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Equitable Group, assuming nothing else is changed. The correlation between historical values of Equitable's Dividend Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Equitable Group are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Dividend Yield i.e., Equitable's Dividend Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Dividend Yield

Dividend Yield is Equitable Group dividend as a percentage of Equitable stock price. Equitable Group dividend yield is a measure of Equitable stock productivity, which can be interpreted as interest rate earned on an Equitable 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.

Pb Ratio

Most indicators from Equitable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equitable 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable 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 board of governors.
At this time, Equitable's Selling General Administrative is very stable compared to the past year. As of the 5th of May 2024, Issuance Of Capital Stock is likely to grow to about 279.8 M, while Tax Provision is likely to drop about 76 M.
 2021 2022 2023 2024 (projected)
Interest Expense524.7M880.6M1.0B1.1B
Depreciation And Amortization32.7M46.9M53.9M56.6M

Equitable fundamental ratios Correlations

1.01.01.00.990.511.00.970.760.720.730.641.00.970.920.950.960.950.94-0.91-0.580.980.870.86-0.830.97
1.00.991.00.980.511.00.970.740.730.750.671.00.970.910.950.950.950.93-0.9-0.590.980.860.86-0.820.97
1.00.990.990.990.561.00.970.750.740.740.661.00.960.90.950.960.950.92-0.89-0.580.990.880.87-0.850.98
1.01.00.990.980.51.00.970.750.720.740.661.00.970.920.940.940.940.93-0.9-0.590.980.860.86-0.810.97
0.990.980.990.980.610.990.940.750.770.750.70.990.920.860.950.940.950.88-0.84-0.60.990.890.89-0.890.97
0.510.510.560.50.610.540.430.180.830.710.60.510.370.220.560.530.560.26-0.24-0.230.570.680.67-0.720.52
1.01.01.01.00.990.540.960.730.750.760.661.00.970.910.950.960.950.92-0.89-0.550.980.870.87-0.840.97
0.970.970.970.970.940.430.960.810.590.630.490.970.980.960.890.960.890.98-0.96-0.550.950.830.81-0.750.95
0.760.740.750.750.750.180.730.810.260.220.430.760.740.790.720.750.720.84-0.85-0.730.790.730.71-0.640.8
0.720.730.740.720.770.830.750.590.260.930.780.720.630.460.750.680.750.47-0.46-0.320.730.80.82-0.770.7
0.730.750.740.740.750.710.760.630.220.930.680.730.680.550.690.650.690.55-0.53-0.320.690.760.76-0.660.66
0.640.670.660.660.70.60.660.490.430.780.680.640.520.40.720.50.720.4-0.42-0.660.670.710.76-0.770.66
1.01.01.01.00.990.511.00.970.760.720.730.640.970.920.940.960.940.94-0.91-0.580.980.870.86-0.830.97
0.970.970.960.970.920.370.970.980.740.630.680.520.970.970.90.950.90.97-0.94-0.50.940.790.79-0.710.95
0.920.910.90.920.860.220.910.960.790.460.550.40.920.970.840.890.840.98-0.97-0.470.880.740.73-0.630.9
0.950.950.950.940.950.560.950.890.720.750.690.720.940.90.840.931.00.83-0.8-0.560.970.850.88-0.830.96
0.960.950.960.940.940.530.960.960.750.680.650.50.960.950.890.930.930.92-0.88-0.460.960.840.83-0.780.96
0.950.950.950.940.950.560.950.890.720.750.690.720.940.90.841.00.930.83-0.8-0.560.970.850.88-0.830.96
0.940.930.920.930.880.260.920.980.840.470.550.40.940.970.980.830.920.83-0.98-0.550.90.770.75-0.650.91
-0.91-0.9-0.89-0.9-0.84-0.24-0.89-0.96-0.85-0.46-0.53-0.42-0.91-0.94-0.97-0.8-0.88-0.8-0.980.58-0.86-0.78-0.760.63-0.88
-0.58-0.59-0.58-0.59-0.6-0.23-0.55-0.55-0.73-0.32-0.32-0.66-0.58-0.5-0.47-0.56-0.46-0.56-0.550.58-0.58-0.57-0.560.49-0.58
0.980.980.990.980.990.570.980.950.790.730.690.670.980.940.880.970.960.970.9-0.86-0.580.890.9-0.870.99
0.870.860.880.860.890.680.870.830.730.80.760.710.870.790.740.850.840.850.77-0.78-0.570.890.99-0.860.87
0.860.860.870.860.890.670.870.810.710.820.760.760.860.790.730.880.830.880.75-0.76-0.560.90.99-0.850.88
-0.83-0.82-0.85-0.81-0.89-0.72-0.84-0.75-0.64-0.77-0.66-0.77-0.83-0.71-0.63-0.83-0.78-0.83-0.650.630.49-0.87-0.86-0.85-0.86
0.970.970.980.970.970.520.970.950.80.70.660.660.970.950.90.960.960.960.91-0.88-0.580.990.870.88-0.86
Click cells to compare fundamentals

Equitable Account Relationship Matchups

Equitable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.4B30.7B36.2B51.1B58.8B61.8B
Short Long Term Debt Total11.1B12.8B13.6B19.5B22.5B23.6B
Total Stockholder Equity1.5B1.6B2.0B2.5B2.9B3.1B
Net Debt10.6B12.3B12.8B19.0B21.9B23.0B
Retained Earnings1.2B1.4B1.7B1.9B2.2B2.3B
Cash508.9M557.7M773.3M495.1M569.4M347.5M
Other Assets26.6B28.5B32.6B44.6B51.3B53.9B
Cash And Short Term Investments644.4M819.7M1.4B2.3B2.7B2.8B
Net Receivables506.2M570.0M729.1M1.3B1.1B1.2B
Common Stock Total Equity198.7M200.8M213.3M218.2M250.9M174.9M
Common Stock Shares Outstanding33.7M33.9M34.4M35.0M40.3M32.7M
Liabilities And Stockholders Equity28.4B30.7B36.2B51.1B58.8B61.8B
Other Stockholder Equity13.9M16.2M8.7M11.4M10.3M8.7M
Total Liab26.9B29.1B34.2B48.6B55.9B58.7B
Common Stock213.3M218.2M230.2M462.6M531.9M558.5M
Accumulated Other Comprehensive Income(18.6M)(39.0M)(7.6M)9.4M8.5M8.9M
Short Term Debt128.9M290.0M200.1M1.2B1.4B1.5B
Property Plant And Equipment Net31.3M26.0M21.6M36.2M41.6M43.7M
Accounts Payable86.9M68.6M143.9M207.7M238.8M250.7M
Property Plant And Equipment Gross31.3M26.0M21.6M36.2M41.6M43.7M
Short Term Investments135.6M262.0M670.3M1.8B2.1B2.2B
Other Current Liab(86.9M)(68.6M)(344.1M)(1.4B)(1.3B)(1.2B)
Total Current Liabilities86.9M68.6M344.1M1.4B1.3B1.2B
Other Liab82.5M95.9M102.5M133.3M153.3M160.9M
Net Tangible Assets1.3B1.5B1.8B2.2B2.5B1.3B
Long Term Debt10.7B12.0B11.4B15.1B17.3B9.9B
Inventory1.6M863K53K375K337.5K320.6K
Other Current Assets466M507.7M465.0M745.2M857.0M899.8M
Long Term Investments501.6M774.7M1.2B2.7B3.1B3.2B
Total Current Assets1.2B1.4B2.2B3.6B4.1B4.3B
Property Plant Equipment31.3M26.0M21.6M36.2M41.6M21.2M
Intangible Assets53.5M71.2M92.6M145.5M167.3M175.7M
Long Term Debt Total10.7B12.0B11.4B15.1B17.4B11.1B
Capital Surpluse7.0M8.1M8.7M11.4M13.2M8.0M
Earning Assets461.4M535.8M1.1B1.7B1.9B2.0B
Net Invested Capital12.1B13.6B13.5B18.7B21.5B11.1B
Capital Stock285.8M290.6M300.8M644.0M740.6M394.8M
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable 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 board of governors.
Note that the Equitable Group information on this page should be used as a complementary analysis to other Equitable'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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Please note, there is a significant difference between Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equitable'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.