Price to Operating Profit (P/OP)
since 2008
Paying user area
Try for free
Activision Blizzard Inc. pages available for free this week:
- Common-Size Balance Sheet: Assets
- Enterprise Value (EV)
- Enterprise Value to FCFF (EV/FCFF)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Equity (ROE) since 2008
- Return on Assets (ROA) since 2008
- Debt to Equity since 2008
- Total Asset Turnover since 2008
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Activision Blizzard Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Activision Blizzard Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income (loss)1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 23, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 25, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 23, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 27, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 27, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 29, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 26, 2015 | = | ÷ | = | ÷ | |||||||
| Mar 3, 2014 | = | ÷ | = | ÷ | |||||||
| Feb 22, 2013 | = | ÷ | = | ÷ | |||||||
| Feb 28, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 25, 2011 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 27, 2009 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Activision Blizzard Inc. Annual Report.
- Share Price Trend
- The share price exhibited a general upward trajectory from 2009 through early 2022. Starting at $10.03 in 2009, the price steadily increased with some fluctuations, reaching a peak of $96.42 in February 2021. However, following this peak, the share price experienced a decline, falling to $81.44 in 2022 and further to $77.07 in 2023. This pattern indicates substantial growth over the long term, with recent signs of price correction or market adjustment.
- Operating Profit Per Share
- Operating profit per share showed significant improvement from negative and near zero values in 2009 and 2010 to consistent positive figures in subsequent years. Specifically, it rose from -$0.18 in 2009 to a peak of $4.18 in 2022. There was some volatility in this metric; after peaking in 2022, it decreased to $2.13 in 2023. The long-term trend suggests enhanced profitability and operational efficiency, despite a slight recent decline.
- Price to Operating Profit Ratio (P/OP)
- The P/OP ratio, which reflects the share price relative to operating profit per share, shows considerable volatility. Early in the observed period, it dropped from an extraordinarily high 28.01 (2011) to lower levels around 10-14 until 2015. From 2016 onwards, there was a marked increase, with a peak value of 42.08 in 2018. After 2018, the ratio fluctuated between approximately 16 and 36, ending at 36.19 in 2023. This pattern suggests varying investor sentiment and market valuation relative to operational profitability, with some periods indicating potentially overvalued shares compared to earnings and others reflecting more conservative valuations.
Comparison to Competitors
Activision Blizzard Inc., P/OP, long-term trends, comparison to competitors
| Activision Blizzard Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Take-Two Interactive Software Inc. | |
|---|---|---|---|---|---|---|
| Feb 23, 2023 | ||||||
| Feb 25, 2022 | ||||||
| Feb 23, 2021 | ||||||
| Feb 27, 2020 | ||||||
| Feb 28, 2019 | ||||||
| Feb 27, 2018 | ||||||
| Feb 28, 2017 | ||||||
| Feb 29, 2016 | ||||||
| Feb 26, 2015 | ||||||
| Mar 3, 2014 | ||||||
| Feb 22, 2013 | ||||||
| Feb 28, 2012 | ||||||
| Feb 25, 2011 | ||||||
| Mar 1, 2010 | ||||||
| Feb 27, 2009 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).