Price to Sales (P/S)
since 2005
Calculation
Paramount Global, P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenues1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 16, 2023 | 0.51 | = | 23.50 | ÷ | 46.35 | 46.35 | = | 30,154 | ÷ | 650,516,853 | |
| Feb 15, 2022 | 0.82 | = | 35.99 | ÷ | 44.07 | 44.07 | = | 28,586 | ÷ | 648,584,674 | |
| Feb 24, 2021 | 1.61 | = | 65.60 | ÷ | 40.81 | 40.81 | = | 25,285 | ÷ | 619,606,133 | |
| Feb 20, 2020 | 0.65 | = | 29.29 | ÷ | 45.32 | 45.32 | = | 27,812 | ÷ | 613,739,990 | |
| Feb 15, 2019 | 1.30 | = | 50.64 | ÷ | 38.91 | 38.91 | = | 14,514 | ÷ | 372,969,983 | |
| Feb 20, 2018 | 1.57 | = | 56.25 | ÷ | 35.78 | 35.78 | = | 13,692 | ÷ | 382,719,931 | |
| Feb 17, 2017 | 2.04 | = | 65.69 | ÷ | 32.15 | 32.15 | = | 13,166 | ÷ | 409,535,133 | |
| Feb 16, 2016 | 1.49 | = | 44.92 | ÷ | 30.22 | 30.22 | = | 13,886 | ÷ | 459,540,920 | |
| Feb 13, 2015 | 2.15 | = | 59.83 | ÷ | 27.76 | 27.76 | = | 13,806 | ÷ | 497,272,250 | |
| Feb 14, 2014 | 2.52 | = | 64.96 | ÷ | 25.76 | 25.76 | = | 15,284 | ÷ | 593,378,347 | |
| Feb 15, 2013 | 1.99 | = | 44.64 | ÷ | 22.39 | 22.39 | = | 14,089 | ÷ | 629,160,629 | |
| Feb 23, 2012 | 1.34 | = | 29.44 | ÷ | 21.95 | 21.95 | = | 14,245 | ÷ | 649,083,865 | |
| Feb 25, 2011 | 1.13 | = | 23.54 | ÷ | 20.91 | 20.91 | = | 14,060 | ÷ | 672,399,794 | |
| Feb 25, 2010 | 0.68 | = | 13.14 | ÷ | 19.22 | 19.22 | = | 13,015 | ÷ | 677,041,907 | |
| Feb 25, 2009 | 0.24 | = | 4.98 | ÷ | 20.54 | 20.54 | = | 13,950 | ÷ | 679,091,575 | |
| Feb 28, 2008 | 1.16 | = | 23.96 | ÷ | 20.67 | 20.67 | = | 14,073 | ÷ | 680,717,792 | |
| Mar 1, 2007 | 1.64 | = | 29.97 | ÷ | 18.24 | 18.24 | = | 14,320 | ÷ | 785,045,672 | |
| Mar 16, 2006 | 1.29 | = | 24.22 | ÷ | 18.82 | 18.82 | = | 14,536 | ÷ | 772,311,368 |
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), 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 Paramount Global Annual Report.
The financial data reveals several notable trends in key performance indicators over the analyzed period.
- Share Price (US$)
- The share price experienced significant volatility. Initially, the price increased from 24.22 in 2006 to a peak of 29.97 in 2007 before a sharp decline to 4.98 in 2009, indicating a substantial decrease likely influenced by external market conditions or company-specific challenges. Following this low, the share price recovered steadily, reaching a high of 64.96 in 2014, before fluctuating in the subsequent years and declining again to 23.5 in 2023. This pattern suggests periods of strong growth and market confidence, followed by phases of correction or decreased investor sentiment.
- Sales per Share (US$)
- Sales per share presented a generally upward trend throughout the period. Starting at 18.82 in 2006, sales per share showed gradual growth with minor fluctuations, rising to a peak of 45.32 in 2020. Despite a slight dip to 40.81 in 2021, the figure rebounded, reaching 46.35 in 2023. This consistent increase indicates a strengthening in revenue generation relative to the number of shares outstanding, reflecting operational growth or improved sales efficiency over time.
- Price-to-Sales Ratio (P/S, ratio)
- The price-to-sales ratio was characterized by high volatility. It started at 1.29 in 2006, rose to a peak of 1.64 in 2007, then plummeted sharply to 0.24 in 2009, paralleling the decline in share price. The ratio recovered to levels above 1.0 from 2010 onwards, peaking at 2.52 in 2014. However, after 2014, the P/S ratio displayed a downward trend, falling to 0.51 by 2023. This decreasing trend in the ratio, despite increasing sales per share, indicates that the share price appreciation did not keep pace with sales growth in later years, potentially suggesting a recalibration of market valuation or a shift in investor expectations.
Overall, the data depicts a company that has experienced significant fluctuations in market valuation, with a relatively stable and rising sales performance. The divergence between share price movements and sales growth in recent years may warrant further analysis to understand underlying factors affecting investor confidence and valuation metrics.
Comparison to Competitors
Paramount Global, P/S, long-term trends, comparison to competitors
| Paramount Global | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Take-Two Interactive Software Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|---|
| Feb 16, 2023 | 0.51 | 4.76 | 1.39 | 4.20 | 5.14 | 4.07 | 2.09 |
| Feb 15, 2022 | 0.82 | 7.60 | 1.95 | 5.49 | 5.78 | 6.15 | 4.08 |
| Feb 24, 2021 | 1.61 | 7.65 | 2.28 | 8.78 | 9.54 | 5.18 | 4.13 |
| Feb 20, 2020 | 0.65 | 6.14 | 1.84 | 8.45 | 7.47 | 4.37 | 3.81 |
| Feb 15, 2019 | 1.30 | 5.82 | 1.75 | 8.52 | 9.09 | 7.27 | 2.83 |
| Feb 20, 2018 | 1.57 | 6.78 | 2.34 | 13.80 | 10.56 | 4.54 | 2.81 |
| Feb 17, 2017 | 2.04 | 6.14 | 2.22 | 13.70 | 6.94 | 2.24 | 2.81 |
| Feb 16, 2016 | 1.49 | 6.27 | 1.95 | 17.32 | 5.96 | 2.13 | 3.74 |
| Feb 13, 2015 | 2.15 | 5.44 | 2.19 | 17.51 | 4.88 | 0.80 | 3.12 |
| Feb 14, 2014 | 2.52 | 6.67 | 2.23 | 20.27 | 5.53 | 1.25 | 2.70 |
| Feb 15, 2013 | 1.99 | 4.95 | 1.69 | 13.92 | 2.56 | 1.28 | 2.04 |
| Feb 23, 2012 | 1.34 | 4.87 | 1.44 | — | 2.14 | 1.27 | 1.47 |
| Feb 25, 2011 | 1.13 | 6.85 | 1.85 | — | 5.76 | 1.44 | 1.83 |
| Feb 25, 2010 | 0.68 | 7.17 | 1.28 | — | 2.09 | 0.77 | 1.59 |
| Feb 25, 2009 | 0.24 | 5.17 | 1.08 | — | 1.54 | 0.43 | 0.92 |
| Feb 28, 2008 | 1.16 | 10.00 | 1.96 | — | 1.60 | 1.45 | 1.69 |
| Mar 1, 2007 | 1.64 | 13.15 | 3.31 | — | 1.55 | 1.25 | 1.99 |
| Mar 16, 2006 | 1.29 | 16.41 | 2.55 | — | 2.07 | 0.94 | 1.55 |
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), 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)
Paramount Global, P/S, long-term trends, comparison to sector (media & entertainment)
| Paramount Global | Media & Entertainment | |
|---|---|---|
| Feb 16, 2023 | 0.51 | 3.69 |
| Feb 15, 2022 | 0.82 | 5.57 |
| Feb 24, 2021 | 1.61 | 6.25 |
| Feb 20, 2020 | 0.65 | 5.12 |
| Feb 15, 2019 | 1.30 | 4.84 |
| Feb 20, 2018 | 1.57 | 5.90 |
| Feb 17, 2017 | 2.04 | 5.04 |
| Feb 16, 2016 | 1.49 | 5.11 |
| Feb 13, 2015 | 2.15 | 4.46 |
| Feb 14, 2014 | 2.52 | 4.64 |
| Feb 15, 2013 | 1.99 | 3.17 |
| Feb 23, 2012 | 1.34 | 2.40 |
| Feb 25, 2011 | 1.13 | 3.27 |
| Feb 25, 2010 | 0.68 | 2.82 |
| Feb 25, 2009 | 0.24 | 1.93 |
| Feb 28, 2008 | 1.16 | 3.40 |
| Mar 1, 2007 | 1.64 | 4.08 |
| Mar 16, 2006 | 1.29 | 3.36 |
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), 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)
Paramount Global, P/S, long-term trends, comparison to industry (communication services)
| Paramount Global | Communication Services | |
|---|---|---|
| Feb 16, 2023 | 0.51 | 2.91 |
| Feb 15, 2022 | 0.82 | 3.95 |
| Feb 24, 2021 | 1.61 | 4.19 |
| Feb 20, 2020 | 0.65 | 3.55 |
| Feb 15, 2019 | 1.30 | 3.21 |
| Feb 20, 2018 | 1.57 | 3.59 |
| Feb 17, 2017 | 2.04 | 3.11 |
| Feb 16, 2016 | 1.49 | 3.03 |
| Feb 13, 2015 | 2.15 | 2.67 |
| Feb 14, 2014 | 2.52 | 2.72 |
| Feb 15, 2013 | 1.99 | 2.08 |
| Feb 23, 2012 | 1.34 | 1.65 |
| Feb 25, 2011 | 1.13 | 1.84 |
| Feb 25, 2010 | 0.68 | 1.54 |
| Feb 25, 2009 | 0.24 | 1.28 |
| Feb 28, 2008 | 1.16 | 2.05 |
| Mar 1, 2007 | 1.64 | 2.85 |
| Mar 16, 2006 | 1.29 | 2.31 |
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), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).