Price to Sales (P/S)
since 2005
Calculation
Comcast Corp., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenue1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 31, 2025 | 1.03 | = | 33.66 | ÷ | 32.72 | 32.72 | = | 123,731 | ÷ | 3,781,022,601 | |
| Jan 31, 2024 | 1.52 | = | 46.54 | ÷ | 30.61 | 30.61 | = | 121,572 | ÷ | 3,971,857,339 | |
| Feb 3, 2023 | 1.39 | = | 39.97 | ÷ | 28.80 | 28.80 | = | 121,427 | ÷ | 4,216,056,328 | |
| Feb 2, 2022 | 1.95 | = | 49.99 | ÷ | 25.67 | 25.67 | = | 116,385 | ÷ | 4,533,230,325 | |
| Feb 4, 2021 | 2.28 | = | 51.45 | ÷ | 22.61 | 22.61 | = | 103,564 | ÷ | 4,580,656,172 | |
| Jan 30, 2020 | 1.84 | = | 44.14 | ÷ | 23.93 | 23.93 | = | 108,942 | ÷ | 4,553,034,645 | |
| Jan 31, 2019 | 1.75 | = | 36.57 | ÷ | 20.88 | 20.88 | = | 94,507 | ÷ | 4,525,962,522 | |
| Jan 31, 2018 | 2.34 | = | 42.53 | ÷ | 18.20 | 18.20 | = | 84,526 | ÷ | 4,644,508,017 | |
| Feb 3, 2017 | 2.22 | = | 37.63 | ÷ | 16.92 | 16.92 | = | 80,403 | ÷ | 4,751,603,386 | |
| Feb 5, 2016 | 1.95 | = | 29.71 | ÷ | 15.25 | 15.25 | = | 74,510 | ÷ | 4,884,796,726 | |
| Feb 27, 2015 | 2.19 | = | 29.69 | ÷ | 13.53 | 13.53 | = | 68,775 | ÷ | 5,082,134,148 | |
| Feb 12, 2014 | 2.23 | = | 27.62 | ÷ | 12.40 | 12.40 | = | 64,657 | ÷ | 5,213,099,376 | |
| Feb 21, 2013 | 1.69 | = | 20.04 | ÷ | 11.85 | 11.85 | = | 62,570 | ÷ | 5,278,984,946 | |
| Feb 23, 2012 | 1.44 | = | 14.91 | ÷ | 10.32 | 10.32 | = | 55,842 | ÷ | 5,411,867,382 | |
| Feb 25, 2011 | 1.85 | = | 12.63 | ÷ | 6.83 | 6.83 | = | 37,937 | ÷ | 5,552,998,340 | |
| Feb 23, 2010 | 1.28 | = | 8.07 | ÷ | 6.30 | 6.30 | = | 35,756 | ÷ | 5,675,147,612 | |
| Feb 20, 2009 | 1.08 | = | 6.42 | ÷ | 5.95 | 5.95 | = | 34,256 | ÷ | 5,761,276,598 | |
| Feb 20, 2008 | 1.96 | = | 10.08 | ÷ | 5.13 | 5.13 | = | 30,895 | ÷ | 6,022,069,966 | |
| Feb 26, 2007 | 3.31 | = | 13.24 | ÷ | 4.00 | 4.00 | = | 24,966 | ÷ | 6,239,054,684 | |
| Feb 22, 2006 | 2.55 | = | 8.84 | ÷ | 3.47 | 3.47 | = | 22,255 | ÷ | 6,415,858,822 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Comcast Corp. Annual Report.
The analysis of the financial data reveals several notable trends in share price, sales per share, and the price-to-sales (P/S) ratio over the period from February 2006 to January 2025.
- Share Price
- The share price exhibited considerable volatility throughout the period. Initially, it increased from $8.84 in February 2006 to $13.24 in February 2007, followed by a decline to $6.42 by February 2009, likely reflecting market or company-specific challenges during that time. Subsequently, there was a general upward trend, peaking at $51.45 in February 2021. However, after this peak, the share price declined to $33.66 by January 2025, suggesting a reduction in investor confidence or valuation adjustments in recent years.
- Sales per Share
- Sales per share demonstrated a consistent and strong growth trajectory across the entire period. Starting at $3.47 in February 2006, sales per share increased steadily each year, reaching $32.72 by January 2025. This continuous upward movement indicates improving operational performance and revenue generation on a per-share basis over nearly two decades.
- Price-to-Sales (P/S) Ratio
- The P/S ratio showed variability with no clear long-term trend but notable fluctuations corresponding to changes in share price relative to sales growth. The ratio was highest at 3.31 in February 2007 and declined sharply to 1.08 in February 2009, coinciding with the decline in share price. It recovered somewhat thereafter, oscillating mostly between 1.4 and 2.3 for the following years. In the later years, from 2021 onwards, the ratio decreased from 2.28 down to 1.03 by January 2025, indicating that while sales per share continued to rise, the market valuation relative to sales was compressing, reflecting potentially a more conservative market outlook or valuation normalization.
In summary, the data depicts a company with steadily increasing revenue-generating capability per share over time, contrasted by fluctuations and eventual moderation in market valuation multiples as measured by the P/S ratio. The share price trends correlate with these dynamics but also reflect broader market sentiment and volatility across the analyzed years.
Comparison to Competitors
Comcast Corp., P/S, long-term trends, comparison to competitors
| Comcast Corp. | Alphabet Inc. | Meta Platforms Inc. | Netflix Inc. | Take-Two Interactive Software Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Jan 31, 2025 | 1.03 | 0.00 | 10.58 | 10.66 | 4.83 | 2.16 |
| Jan 31, 2024 | 1.52 | 5.74 | 8.98 | 7.32 | 4.40 | 1.94 |
| Feb 3, 2023 | 1.39 | 4.76 | 4.20 | 5.14 | 4.07 | 2.09 |
| Feb 2, 2022 | 1.95 | 7.60 | 5.49 | 5.78 | 6.15 | 4.08 |
| Feb 4, 2021 | 2.28 | 7.65 | 8.78 | 9.54 | 5.18 | 4.13 |
| Jan 30, 2020 | 1.84 | 6.14 | 8.45 | 7.47 | 4.37 | 3.81 |
| Jan 31, 2019 | 1.75 | 5.82 | 8.52 | 9.09 | 7.27 | 2.83 |
| Jan 31, 2018 | 2.34 | 6.78 | 13.80 | 10.56 | 4.54 | 2.81 |
| Feb 3, 2017 | 2.22 | 6.14 | 13.70 | 6.94 | 2.24 | 2.81 |
| Feb 5, 2016 | 1.95 | 6.27 | 17.32 | 5.96 | 2.13 | 3.74 |
| Feb 27, 2015 | 2.19 | 5.44 | 17.51 | 4.88 | 0.80 | 3.12 |
| Feb 12, 2014 | 2.23 | 6.67 | 20.27 | 5.53 | 1.25 | 2.70 |
| Feb 21, 2013 | 1.69 | 4.95 | 13.92 | 2.56 | 1.28 | 2.04 |
| Feb 23, 2012 | 1.44 | 4.87 | — | 2.14 | 1.27 | 1.47 |
| Feb 25, 2011 | 1.85 | 6.85 | — | 5.76 | 1.44 | 1.83 |
| Feb 23, 2010 | 1.28 | 7.17 | — | 2.09 | 0.77 | 1.59 |
| Feb 20, 2009 | 1.08 | 5.17 | — | 1.54 | 0.43 | 0.92 |
| Feb 20, 2008 | 1.96 | 10.00 | — | 1.60 | 1.45 | 1.69 |
| Feb 26, 2007 | 3.31 | 13.15 | — | 1.55 | 1.25 | 1.99 |
| Feb 22, 2006 | 2.55 | 16.41 | — | 2.07 | 0.94 | 1.55 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Media & Entertainment)
Comcast Corp., P/S, long-term trends, comparison to sector (media & entertainment)
| Comcast Corp. | Media & Entertainment | |
|---|---|---|
| Jan 31, 2025 | 1.03 | 3.24 |
| Jan 31, 2024 | 1.52 | 5.21 |
| Feb 3, 2023 | 1.39 | 3.69 |
| Feb 2, 2022 | 1.95 | 5.57 |
| Feb 4, 2021 | 2.28 | 6.25 |
| Jan 30, 2020 | 1.84 | 5.12 |
| Jan 31, 2019 | 1.75 | 4.84 |
| Jan 31, 2018 | 2.34 | 5.90 |
| Feb 3, 2017 | 2.22 | 5.04 |
| Feb 5, 2016 | 1.95 | 5.11 |
| Feb 27, 2015 | 2.19 | 4.46 |
| Feb 12, 2014 | 2.23 | 4.64 |
| Feb 21, 2013 | 1.69 | 3.17 |
| Feb 23, 2012 | 1.44 | 2.40 |
| Feb 25, 2011 | 1.85 | 3.27 |
| Feb 23, 2010 | 1.28 | 2.82 |
| Feb 20, 2009 | 1.08 | 1.93 |
| Feb 20, 2008 | 1.96 | 3.40 |
| Feb 26, 2007 | 3.31 | 4.08 |
| Feb 22, 2006 | 2.55 | 3.36 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
Comcast Corp., P/S, long-term trends, comparison to industry (communication services)
| Comcast Corp. | Communication Services | |
|---|---|---|
| Jan 31, 2025 | 1.03 | 2.81 |
| Jan 31, 2024 | 1.52 | 3.97 |
| Feb 3, 2023 | 1.39 | 2.91 |
| Feb 2, 2022 | 1.95 | 3.95 |
| Feb 4, 2021 | 2.28 | 4.19 |
| Jan 30, 2020 | 1.84 | 3.55 |
| Jan 31, 2019 | 1.75 | 3.21 |
| Jan 31, 2018 | 2.34 | 3.59 |
| Feb 3, 2017 | 2.22 | 3.11 |
| Feb 5, 2016 | 1.95 | 3.03 |
| Feb 27, 2015 | 2.19 | 2.67 |
| Feb 12, 2014 | 2.23 | 2.72 |
| Feb 21, 2013 | 1.69 | 2.08 |
| Feb 23, 2012 | 1.44 | 1.65 |
| Feb 25, 2011 | 1.85 | 1.84 |
| Feb 23, 2010 | 1.28 | 1.54 |
| Feb 20, 2009 | 1.08 | 1.28 |
| Feb 20, 2008 | 1.96 | 2.05 |
| Feb 26, 2007 | 3.31 | 2.85 |
| Feb 22, 2006 | 2.55 | 2.31 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 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), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).