Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel LibreOffice Calc

Historical Valuation Ratios (Summary)

Comcast Corp., historical price multiples (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Price to earnings (P/E) 13.00 16.01 16.37 21.39 22.12 22.37 19.10 17.33 14.74 15.39 16.44 16.79 16.01 14.11 6.74 6.64 6.80 8.70
Price to operating profit (P/OP) 8.75 10.89 11.91 14.39 14.66 13.47 10.47 9.93 8.26 9.51 10.00 10.19 9.97 8.71 8.77 8.58 8.74 10.98
Price to sales (P/S) 1.55 1.95 2.08 2.45 2.49 2.28 1.89 1.89 1.58 1.84 1.88 1.96 1.98 1.75 1.84 1.82 1.82 2.34
Price to book value (P/BV) 1.97 2.36 2.48 2.81 2.80 2.61 2.29 2.39 2.11 2.43 2.61 2.64 2.60 2.31 2.28 2.25 2.28 2.88 3.06 3.38 3.41

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Comcast Corp. P/E ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Comcast Corp. P/OP ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Comcast Corp. P/S ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Comcast Corp. P/BV ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.

Price to Earnings (P/E)

Comcast Corp., historical P/E calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 4,481,316,814 4,533,230,325 4,568,923,045 4,589,737,229 4,594,016,301 4,580,656,172 4,575,323,155 4,568,100,614 4,564,093,200 4,553,034,645 4,549,250,254 4,544,985,368 4,538,515,208 4,525,962,522 4,549,504,769 4,581,933,382 4,617,116,267 4,644,508,017 4,673,771,830 4,713,372,385 4,742,956,869
Selected Financial Data (US$)
Net income attributable to Comcast Corporation (in millions) 3,549  3,057  4,035  3,738  3,329  3,380  2,019  2,988  2,147  3,162  3,217  3,125  3,553  2,511  2,886  3,216  3,118  14,985  2,650  2,513  2,566 
Earnings per share (EPS)2 3.21 3.12 3.17 2.72 2.55 2.30 2.25 2.52 2.55 2.87 2.73 2.66 2.68 2.59 5.32 5.23 5.04 4.89 0.00 0.00 0.00
Share price1, 3 41.70 49.99 51.90 58.11 56.40 51.45 43.06 43.67 37.63 44.14 44.84 44.61 42.93 36.57 35.84 34.75 34.26 42.53 36.27 39.43 39.59
Valuation Ratio
P/E ratio4 13.00 16.01 16.37 21.39 22.12 22.37 19.10 17.33 14.74 15.39 16.44 16.79 16.01 14.11 6.74 6.64 6.80 8.70
Benchmarks
P/E Ratio, Competitors5
Alphabet Inc. 20.32 25.74 27.53 28.90 31.05 34.65 30.70 31.99 26.53 28.96 26.70 24.95 29.48 25.92 39.70 53.24 42.58 59.34
Charter Communications Inc. 14.24 21.92 28.21 35.19 34.97 36.53 44.87 52.52 58.10 65.14 79.42 65.14 63.06 60.65 6.44 7.03 6.31 9.34
Meta Platforms Inc. 14.91 16.44 21.80 25.93 27.69 25.89 29.65 30.73 27.83 32.31 30.33 33.56 28.21 21.51 22.37 26.69 28.23 35.20
Netflix Inc. 19.36 33.56 57.28 51.57 60.01 86.39 76.39 82.63 85.48 80.66 85.33 119.81 124.52 118.55 119.73 165.07 216.75 220.95
Twitter Inc. 167.74 141.83 17.39 20.69 14.47 13.89 22.97 19.57 24.75 102.91 1,592.79
Walt Disney Co. 86.97 137.89 289.34 33.92 25.19 23.96 20.74 18.03 15.32 13.36 14.42 13.22 14.61 17.28 18.34 18.99 19.17

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2022 Calculation
EPS = (Net income attributable to Comcast CorporationQ1 2022 + Net income attributable to Comcast CorporationQ4 2021 + Net income attributable to Comcast CorporationQ3 2021 + Net income attributable to Comcast CorporationQ2 2021) ÷ No. shares of common stock outstanding
= (3,549,000,000 + 3,057,000,000 + 4,035,000,000 + 3,738,000,000) ÷ 4,481,316,814 = 3.21

3 Closing price as at the filing date of Comcast Corp. Quarterly or Annual Report.

4 Q1 2022 Calculation
P/E ratio = Share price ÷ EPS
= 41.70 ÷ 3.21 = 13.00

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Comcast Corp. P/E ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.

Price to Operating Profit (P/OP)

Comcast Corp., historical P/OP calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 4,481,316,814 4,533,230,325 4,568,923,045 4,589,737,229 4,594,016,301 4,580,656,172 4,575,323,155 4,568,100,614 4,564,093,200 4,553,034,645 4,549,250,254 4,544,985,368 4,538,515,208 4,525,962,522 4,549,504,769 4,581,933,382 4,617,116,267 4,644,508,017 4,673,771,830 4,713,372,385 4,742,956,869
Selected Financial Data (US$)
Operating income (in millions) 5,569  4,821  5,450  5,507  5,039  3,918  4,076  4,647  4,852  5,247  5,340  5,356  5,182  4,514  4,836  5,014  4,645  4,107  4,792  4,558  4,530 
Operating profit per share2 4.76 4.59 4.36 4.04 3.85 3.82 4.11 4.40 4.56 4.64 4.48 4.38 4.31 4.20 4.09 4.05 3.92 3.87 0.00 0.00 0.00
Share price1, 3 41.70 49.99 51.90 58.11 56.40 51.45 43.06 43.67 37.63 44.14 44.84 44.61 42.93 36.57 35.84 34.75 34.26 42.53 36.27 39.43 39.59
Valuation Ratio
P/OP ratio4 8.75 10.89 11.91 14.39 14.66 13.47 10.47 9.93 8.26 9.51 10.00 10.19 9.97 8.71 8.77 8.58 8.74 10.98
Benchmarks
P/OP Ratio, Competitors5
Alphabet Inc. 18.39 24.86 26.82 29.02 32.10 33.85 31.47 30.75 25.72 29.05 26.25 26.84 31.82 30.27 28.90 34.38 26.65 28.74
Charter Communications Inc. 6.41 9.69 12.06 14.74 14.65 14.00 15.27 16.24 15.28 16.69 16.57 15.27 14.80 14.29 13.54 15.64 14.86 22.51
Meta Platforms Inc. 12.68 13.84 18.71 22.67 24.49 23.10 26.06 25.90 21.96 24.90 23.82 26.58 24.22 19.10 17.84 21.39 22.58 27.76
Netflix Inc. 15.62 27.71 44.39 37.28 40.38 52.02 52.42 59.01 61.48 57.82 51.09 74.10 97.38 89.46 92.49 119.87 141.40 147.25
Twitter Inc. 139.64 510.79 2,149.42 83.03 82.78 55.14 69.87 64.98 52.03 72.30 87.45 149.95 633.05
Walt Disney Co. 53.03 91.54 197.21 242.78 21.67 26.30 24.82 21.70 18.48 11.63 11.37 12.16 10.74 11.53 11.26 11.73 12.19 12.31

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2022 Calculation
Operating profit per share = (Operating incomeQ1 2022 + Operating incomeQ4 2021 + Operating incomeQ3 2021 + Operating incomeQ2 2021) ÷ No. shares of common stock outstanding
= (5,569,000,000 + 4,821,000,000 + 5,450,000,000 + 5,507,000,000) ÷ 4,481,316,814 = 4.76

3 Closing price as at the filing date of Comcast Corp. Quarterly or Annual Report.

4 Q1 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 41.70 ÷ 4.76 = 8.75

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Comcast Corp. P/OP ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.

Price to Sales (P/S)

Comcast Corp., historical P/S calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 4,481,316,814 4,533,230,325 4,568,923,045 4,589,737,229 4,594,016,301 4,580,656,172 4,575,323,155 4,568,100,614 4,564,093,200 4,553,034,645 4,549,250,254 4,544,985,368 4,538,515,208 4,525,962,522 4,549,504,769 4,581,933,382 4,617,116,267 4,644,508,017 4,673,771,830 4,713,372,385 4,742,956,869
Selected Financial Data (US$)
Revenue (in millions) 31,010  30,336  30,298  28,546  27,205  27,708  25,532  23,715  26,609  28,398  26,827  26,858  26,859  27,846  22,135  21,735  22,791  21,915  20,983  21,165  20,463 
Sales per share2 26.82 25.67 24.90 23.75 22.67 22.61 22.79 23.11 23.81 23.93 23.83 22.82 21.72 20.88 19.47 19.08 18.81 18.20 0.00 0.00 0.00
Share price1, 3 41.70 49.99 51.90 58.11 56.40 51.45 43.06 43.67 37.63 44.14 44.84 44.61 42.93 36.57 35.84 34.75 34.26 42.53 36.27 39.43 39.59
Valuation Ratio
P/S ratio4 1.55 1.95 2.08 2.45 2.49 2.28 1.89 1.89 1.58 1.84 1.88 1.96 1.98 1.75 1.84 1.82 1.82 2.34
Benchmarks
P/S Ratio, Competitors5
Alphabet Inc. 5.60 7.60 8.13 8.26 8.11 7.65 6.39 6.08 5.49 6.14 5.62 5.85 5.81 5.82 5.74 7.01 6.04 6.78
Charter Communications Inc. 1.37 1.97 2.37 2.74 2.60 2.45 2.56 2.55 2.27 2.37 2.19 1.98 1.88 1.71 1.57 1.66 1.49 2.22
Meta Platforms Inc. 4.65 5.49 7.82 9.64 9.90 8.78 9.49 9.62 7.95 8.45 8.22 9.15 9.36 8.52 8.41 10.49 11.31 13.80
Netflix Inc. 3.19 5.78 10.10 8.21 8.55 9.54 9.00 9.79 8.91 7.47 6.39 7.83 9.48 9.09 10.15 11.77 11.40 10.56
Twitter Inc. 7.16 5.71 9.13 12.25 11.17 15.42 9.58 8.66 6.33 8.77 6.90 9.93 9.69 7.75 9.00 8.82 9.02 10.04
Walt Disney Co. 3.67 4.08 5.12 5.55 5.70 4.13 3.04 2.33 3.48 3.81 3.95 4.07 2.83 2.83 2.99 2.67 2.87 2.81 2.98 3.16 3.12

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2022 Calculation
Sales per share = (RevenueQ1 2022 + RevenueQ4 2021 + RevenueQ3 2021 + RevenueQ2 2021) ÷ No. shares of common stock outstanding
= (31,010,000,000 + 30,336,000,000 + 30,298,000,000 + 28,546,000,000) ÷ 4,481,316,814 = 26.82

3 Closing price as at the filing date of Comcast Corp. Quarterly or Annual Report.

4 Q1 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 41.70 ÷ 26.82 = 1.55

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Comcast Corp. P/S ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.

Price to Book Value (P/BV)

Comcast Corp., historical P/BV calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 4,481,316,814 4,533,230,325 4,568,923,045 4,589,737,229 4,594,016,301 4,580,656,172 4,575,323,155 4,568,100,614 4,564,093,200 4,553,034,645 4,549,250,254 4,544,985,368 4,538,515,208 4,525,962,522 4,549,504,769 4,581,933,382 4,617,116,267 4,644,508,017 4,673,771,830 4,713,372,385 4,742,956,869
Selected Financial Data (US$)
Total Comcast Corporation shareholders’ equity (in millions) 94,693  96,092  95,782  94,935  92,575  90,323  86,176  83,614  81,506  82,726  78,144  76,850  74,959  71,613  71,523  70,694  69,482  68,606  55,427  55,005  55,059 
Book value per share (BVPS)2 21.13 21.20 20.96 20.68 20.15 19.72 18.83 18.30 17.86 18.17 17.18 16.91 16.52 15.82 15.72 15.43 15.05 14.77 11.86 11.67 11.61
Share price1, 3 41.70 49.99 51.90 58.11 56.40 51.45 43.06 43.67 37.63 44.14 44.84 44.61 42.93 36.57 35.84 34.75 34.26 42.53 36.27 39.43 39.59
Valuation Ratio
P/BV ratio4 1.97 2.36 2.48 2.81 2.80 2.61 2.29 2.39 2.11 2.43 2.61 2.64 2.60 2.31 2.28 2.25 2.28 2.88 3.06 3.38 3.41
Benchmarks
P/BV Ratio, Competitors5
Alphabet Inc. 5.96 7.78 7.95 7.66 6.93 6.27 5.15 4.87 4.50 4.94 4.47 4.51 4.50 4.49 4.39 5.36 4.40 4.93 4.51 4.44 4.37
Charter Communications Inc. 5.96 7.26 7.11 7.07 6.05 4.94 4.49 4.05 3.55 3.46 3.01 2.50 2.32 2.06 1.82 1.89 1.61 2.36 2.37 2.58 2.27
Meta Platforms Inc. 4.52 5.18 6.59 7.31 6.99 5.88 6.37 6.54 5.54 5.91 5.81 6.45 6.38 5.65 5.43 6.41 6.49 7.54 7.30 7.45 7.03
Netflix Inc. 5.53 10.83 18.89 16.34 17.51 21.56 20.75 23.74 22.69 19.86 17.58 22.60 27.62 27.41 30.18 36.33 36.16 34.48 25.43 25.50 20.46
Twitter Inc. 6.36 3.97 6.11 7.07 5.70 7.19 4.21 3.76 2.50 3.48 2.75 3.92 4.33 3.47 3.99 4.27 4.43 4.86 3.17 2.52 2.84
Walt Disney Co. 2.98 3.11 3.76 3.79 4.12 3.23 2.47 2.02 2.91 2.98 2.82 2.70 3.34 3.45 3.76 3.36 3.69 3.76 3.88 4.01 3.99

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2022 Calculation
BVPS = Total Comcast Corporation shareholders’ equity ÷ No. shares of common stock outstanding
= 94,693,000,000 ÷ 4,481,316,814 = 21.13

3 Closing price as at the filing date of Comcast Corp. Quarterly or Annual Report.

4 Q1 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 41.70 ÷ 21.13 = 1.97

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Comcast Corp. P/BV ratio decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.