Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Colgate-Palmolive Co. (NYSE:CL)

Common Stock Valuation Ratios (Price Multiples)

Beginner level

Current Valuation Ratios

Colgate-Palmolive Co., current price multiples

Microsoft Excel LibreOffice Calc
Colgate-Palmolive Co. Estée Lauder Cos. Inc. Kimberly-Clark Corp. Nike Inc. Personal Goods Consumer Goods
Selected Financial Data
Current share price (P) $82.18
No. shares of common stock outstanding 845,968,780
Growth rate (g) 520.49%
 
Earnings per share (EPS) $3.19
Next year expected EPS $19.77
Operating profit per share $4.59
Sales per share $19.47
Book value per share (BVPS) $0.88
Valuation Ratios (Price Multiples)
Price to earnings (P/E) 25.80 160.77 19.44 85.76 53.56 38.40
Price to next year expected earnings 4.16 138.20 7.88 73.18 41.36 35.30
Price-earnings-growth (PEG) 0.05 9.84 0.13 4.99 1.82 4.37
Price to operating profit (P/OP) 17.89 181.47 14.09 69.90 40.82 28.16
Price to sales (P/S) 4.22 7.69 2.39 5.82 5.07 4.36
Price to book value (P/BV) 93.57 27.95 73.04 27.03 33.16 12.18

Based on: 10-K (filing date: 2021-02-18).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

Colgate-Palmolive Co., historical price multiples

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Price to earnings (P/E) 24.79 27.55 23.95 30.80 26.92
Price to operating profit (P/OP) 17.19 18.35 15.56 17.37 17.13
Price to sales (P/S) 4.06 4.16 3.70 4.03 4.33
Price to book value (P/BV) 89.90 557.38

Based on: 10-K (filing date: 2021-02-18), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-23).

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. Colgate-Palmolive Co.’s P/E ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level.
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. Colgate-Palmolive Co.’s P/OP ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.
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. Colgate-Palmolive Co.’s P/S ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.

Price to Earnings (P/E)

Colgate-Palmolive Co., historical P/E calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 848,562,678 855,029,777 861,676,494 875,326,736 882,856,721
Selected Financial Data (US$)
Net income attributable to Colgate-Palmolive Company (in millions) 2,695  2,367  2,400  2,024  2,441 
Earnings per share (EPS)2 3.18 2.77 2.79 2.31 2.76
Share price1, 3 78.72 76.27 66.70 71.22 74.44
Valuation Ratio
P/E ratio4 24.79 27.55 23.95 30.80 26.92
Benchmarks
P/E Ratio, Competitors5
Estée Lauder Cos. Inc. 117.59 39.84 44.93 31.37 29.69
Kimberly-Clark Corp. 19.00 22.94 27.69 17.20 20.22
Nike Inc. 60.47 33.72 63.89 22.90 25.43
P/E Ratio, Sector
Personal Goods 41.77 31.11 39.38 24.29 25.12
P/E Ratio, Industry
Consumer Goods 38.50 33.96 20.23 29.96 19.94

Based on: 10-K (filing date: 2021-02-18), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-23).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
EPS = Net income attributable to Colgate-Palmolive Company ÷ No. shares of common stock outstanding
= 2,695,000,000 ÷ 848,562,678 = 3.18

3 Closing price as at the filing date of Colgate-Palmolive Co.’s Annual Report.

4 2020 Calculation
P/E ratio = Share price ÷ EPS
= 78.72 ÷ 3.18 = 24.79

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. Colgate-Palmolive Co.’s P/E ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level.

Price to Operating Profit (P/OP)

Colgate-Palmolive Co., historical P/OP calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 848,562,678 855,029,777 861,676,494 875,326,736 882,856,721
Selected Financial Data (US$)
Operating profit (in millions) 3,885  3,554  3,694  3,589  3,837 
Operating profit per share2 4.58 4.16 4.29 4.10 4.35
Share price1, 3 78.72 76.27 66.70 71.22 74.44
Valuation Ratio
P/OP ratio4 17.19 18.35 15.56 17.37 17.13
Benchmarks
P/OP Ratio, Competitors5
Estée Lauder Cos. Inc. 132.73 30.75 24.26 23.16 20.55
Kimberly-Clark Corp. 13.78 16.54 17.52 11.87 13.20
Nike Inc. 49.29 28.47 27.78 20.45 21.24
P/OP Ratio, Sector
Personal Goods 31.84 23.60 21.72 17.84 17.96
P/OP Ratio, Industry
Consumer Goods 28.23 22.50 16.85 16.79 16.76

Based on: 10-K (filing date: 2021-02-18), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-23).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
Operating profit per share = Operating profit ÷ No. shares of common stock outstanding
= 3,885,000,000 ÷ 848,562,678 = 4.58

3 Closing price as at the filing date of Colgate-Palmolive Co.’s Annual Report.

4 2020 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 78.72 ÷ 4.58 = 17.19

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. Colgate-Palmolive Co.’s P/OP ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.

Price to Sales (P/S)

Colgate-Palmolive Co., historical P/S calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 848,562,678 855,029,777 861,676,494 875,326,736 882,856,721
Selected Financial Data (US$)
Net sales (in millions) 16,471  15,693  15,544  15,454  15,195 
Sales per share2 19.41 18.35 18.04 17.66 17.21
Share price1, 3 78.72 76.27 66.70 71.22 74.44
Valuation Ratio
P/S ratio4 4.06 4.16 3.70 4.03 4.33
Benchmarks
P/S Ratio, Competitors5
Estée Lauder Cos. Inc. 5.63 4.79 3.64 3.31 2.94
Kimberly-Clark Corp. 2.34 2.68 2.11 2.15 2.41
Nike Inc. 4.11 3.47 3.39 2.83 2.95
P/S Ratio, Sector
Personal Goods 3.96 3.65 3.21 2.98 3.09
P/S Ratio, Industry
Consumer Goods 4.37 2.95 2.33 2.54 2.39

Based on: 10-K (filing date: 2021-02-18), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-23).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
Sales per share = Net sales ÷ No. shares of common stock outstanding
= 16,471,000,000 ÷ 848,562,678 = 19.41

3 Closing price as at the filing date of Colgate-Palmolive Co.’s Annual Report.

4 2020 Calculation
P/S ratio = Share price ÷ Sales per share
= 78.72 ÷ 19.41 = 4.06

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. Colgate-Palmolive Co.’s P/S ratio increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.

Price to Book Value (P/BV)

Colgate-Palmolive Co., historical P/BV calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
No. shares of common stock outstanding1 848,562,678 855,029,777 861,676,494 875,326,736 882,856,721
Selected Financial Data (US$)
Total Colgate-Palmolive Company shareholders’ equity (in millions) 743  117  (102) (60) (243)
Book value per share (BVPS)2 0.88 0.14 -0.12 -0.07 -0.28
Share price1, 3 78.72 76.27 66.70 71.22 74.44
Valuation Ratio
P/BV ratio4 89.90 557.38
Benchmarks
P/BV Ratio, Competitors5
Estée Lauder Cos. Inc. 20.44 16.22 10.62 8.94 9.27
Kimberly-Clark Corp. 71.40 62.27
Nike Inc. 19.06 15.03 12.59 7.83 7.80
P/BV Ratio, Sector
Personal Goods 25.86 23.81 19.12 13.70 15.38
P/BV Ratio, Industry
Consumer Goods 12.21 9.02 6.96 7.48 6.84

Based on: 10-K (filing date: 2021-02-18), 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-23).

1 Data adjusted for splits and stock dividends.

2 2020 Calculation
BVPS = Total Colgate-Palmolive Company shareholders’ equity ÷ No. shares of common stock outstanding
= 743,000,000 ÷ 848,562,678 = 0.88

3 Closing price as at the filing date of Colgate-Palmolive Co.’s Annual Report.

4 2020 Calculation
P/BV ratio = Share price ÷ BVPS
= 78.72 ÷ 0.88 = 89.90

5 Click competitor name to see calculations.