Crocs Price to Book Value from 2010 to 2024
| CROX Stock | USD 125.38 4.84 4.02% |
Check Crocs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crocs main balance sheet or income statement drivers, such as Interest Expense of 169.4 M, Selling General Administrative of 429.8 M or Total Revenue of 4.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.37, Dividend Yield of 0.0011 or PTB Ratio of 3.75. Crocs financial statements analysis is a perfect complement when working with Crocs Valuation or Volatility modules.
Crocs | Price to Book Value |
About Crocs Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Crocs income statement, its balance sheet, and the statement of cash flows. Crocs investors use historical funamental indicators, such as Crocs's Price to Book Value, to determine how well the company is positioned to perform in the future. Although Crocs investors may use each financial statement separately, they are all related. The changes in Crocs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Crocs's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Crocs Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Crocs. Please read more on our technical analysis and fundamental analysis pages.
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children. Crocs, Inc. was founded in 1999 and is headquartered in Broomfield, Colorado. Crocs operates under Footwear Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 5770 people.
Pair Trading with Crocs
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 Crocs 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 Crocs will appreciate offsetting losses from the drop in the long position's value.Moving together with Crocs Stock
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| 0.76 | DHI | DR Horton Financial Report 18th of July 2024 | PairCorr |
Moving against Crocs Stock
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| 0.7 | BIG | Big Lots Financial Report 24th of May 2024 | PairCorr |
| 0.6 | NKE | Nike Inc Sell-off Trend | PairCorr |
| 0.56 | MBUU | Malibu Boats Financial Report 1st of May 2024 | PairCorr |
| 0.42 | JOUT | Johnson Outdoors Financial Report 3rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Crocs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crocs 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 Crocs - 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 Crocs Inc to buy it.
The correlation of Crocs 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 Crocs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crocs Inc 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 Crocs 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.Check out the analysis of Crocs Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Crocs Stock analysis
When running Crocs' price analysis, check to measure Crocs' 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 Crocs is operating at the current time. Most of Crocs' value examination focuses on studying past and present price action to predict the probability of Crocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crocs' price. Additionally, you may evaluate how the addition of Crocs to your portfolios can decrease your overall portfolio volatility.
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Is Crocs' 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 Crocs. If investors know Crocs 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 Crocs 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 0.891 | Earnings Share 12.79 | Revenue Per Share 64.548 | Quarterly Revenue Growth 0.016 | Return On Assets 0.1429 |
The market value of Crocs Inc is measured differently than its book value, which is the value of Crocs that is recorded on the company's balance sheet. Investors also form their own opinion of Crocs' value that differs from its market value or its book value, called intrinsic value, which is Crocs' 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 Crocs' market value can be influenced by many factors that don't directly affect Crocs' 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 Crocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crocs' 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.