BP PLC Financial Ratios Analysis
| BP Stock | USD 39.29 0.38 0.98% |
BP PLC |
Most ratios from BP PLC's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into BP PLC ADR 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 BP PLC Valuation and BP PLC Correlation analysis. At this time, BP PLC's Cash Per Share is relatively stable compared to the past year. As of 04/24/2024, Interest Coverage is likely to grow to 8.86, while PTB Ratio is likely to drop 1.38.
| 2021 | 2023 (projected) | Dividend Yield | 0.0482 | 0.047 | Price To Sales Ratio | 0.57 | 0.49 |
BP PLC fundamentals Correlations
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BP PLC Account Relationship Matchups
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BP PLC fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.58 | 0.42 | 0.46 | 0.65 | 0.57 | 0.49 | |
| Dividend Yield | 0.0544 | 0.0917 | 0.0482 | 0.0394 | 0.047 | 0.0326 | |
| Ptb Ratio | 1.3 | 0.97 | 1.18 | 1.64 | 1.46 | 1.38 | |
| Book Value Per Share | 29.11 | 21.14 | 22.49 | 21.35 | 24.29 | 14.67 | |
| Free Cash Flow Yield | 0.0811 | (0.002082) | 0.14 | 0.26 | 0.17 | 0.18 | |
| Invested Capital | 0.79 | 1.15 | 0.92 | 0.82 | 0.78 | 0.44 | |
| Pb Ratio | 1.3 | 0.97 | 1.18 | 1.64 | 1.46 | 1.38 | |
| Ev To Sales | 0.57 | 0.66 | 1.15 | 0.81 | 0.63 | 0.6 | |
| Roic | 0.0571 | (0.001881) | 0.0579 | (0.032) | 0.16 | 0.0839 | |
| Inventory Turnover | 12.01 | 5.68 | 5.69 | 6.63 | 7.17 | 14.15 | |
| Net Income Per Share | 1.19 | (6.15) | 2.25 | (0.43) | 5.27 | 5.53 | |
| Payables Turnover | 5.36 | 4.14 | 2.56 | 2.91 | 3.86 | 6.62 | |
| Capex To Revenue | (0.0554) | (0.12) | (0.069) | (0.05) | (0.068) | (0.0714) | |
| Cash Per Share | 6.7 | 8.76 | 9.23 | 9.41 | 11.71 | 12.29 | |
| Pocfratio | 4.95 | 5.69 | 3.78 | 2.7 | 3.2 | 3.04 | |
| Interest Coverage | 5.6 | (0.11) | 5.28 | 16.56 | 8.7 | 8.86 | |
| Payout Ratio | 1.73 | (0.31) | 0.57 | (3.21) | 0.32 | 0.3 | |
| Pfcf Ratio | 12.33 | (480.26) | 7.02 | 3.83 | 5.77 | 6.06 | |
| Income Quality | 3.16 | (0.49) | 1.55 | 2.66 | 2.1 | 1.16 | |
| Roe | 0.0409 | (0.29) | 0.1 | (0.0201) | 0.22 | 0.11 | |
| Pe Ratio | 31.69 | (3.34) | 11.81 | (81.46) | 6.72 | 6.39 | |
| Ev To Free Cash Flow | 17.64 | (846.46) | 10.09 | 4.74 | 7.46 | 7.83 | |
| Earnings Yield | 0.0743 | 0.0316 | (0.3) | 0.0847 | (0.0123) | 0.16 | |
| Current Ratio | 1.12 | 1.22 | 1.15 | 1.09 | 1.21 | 0.88 | |
| Receivables Turnover | 10.68 | 5.55 | 5.63 | 388.71 | 6.53 | 6.85 |
Pair Trading with BP PLC
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 BP PLC 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 BP PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with BP PLC Stock
| 0.75 | E | Eni SpA ADR Financial Report 26th of April 2024 | PairCorr |
| 0.93 | SU | Suncor Energy Financial Report 13th of May 2024 | PairCorr |
Moving against BP PLC Stock
| 0.73 | EP | Empire Petroleum Corp | PairCorr |
| 0.52 | PBR | Petroleo Brasileiro Aggressive Push | PairCorr |
The ability to find closely correlated positions to BP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BP PLC 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 BP PLC - 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 BP PLC ADR to buy it.
The correlation of BP PLC 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 BP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BP PLC ADR 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 BP PLC 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 BP PLC Valuation and BP PLC Correlation analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running BP PLC's price analysis, check to measure BP PLC'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 BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.
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Is BP PLC'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 BP PLC. If investors know BP PLC 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 BP PLC 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 (0.96) | Dividend Share 0.284 | Earnings Share 5.15 | Revenue Per Share 18.003 | Quarterly Revenue Growth (0.25) |
The market value of BP PLC ADR is measured differently than its book value, which is the value of BP PLC that is recorded on the company's balance sheet. Investors also form their own opinion of BP PLC's value that differs from its market value or its book value, called intrinsic value, which is BP PLC'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 BP PLC's market value can be influenced by many factors that don't directly affect BP PLC'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 BP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP PLC'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.