Columbia Sportswear Stock Price To Book
| COLM Stock | USD 80.00 0.99 1.25% |
Columbia Sportswear fundamentals help investors to digest information that contributes to Columbia Sportswear's financial success or failures. It also enables traders to predict the movement of Columbia Stock. The fundamental analysis module provides a way to measure Columbia Sportswear's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Columbia Sportswear stock.
As of the 27th of April 2024, Price To Book Ratio is likely to grow to 3.03. Columbia | Price To Book |
Columbia Sportswear Company Price To Book Analysis
Columbia Sportswear's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Columbia Sportswear Price To Book | 2.31 X |
Most of Columbia Sportswear's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbia Sportswear is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Columbia Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Columbia Sportswear is extremely important. It helps to project a fair market value of Columbia Stock properly, considering its historical fundamentals such as Price To Book. Since Columbia Sportswear's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Columbia Sportswear's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Columbia Sportswear's interrelated accounts and indicators.
Click cells to compare fundamentals
Columbia Price To Book Historical Pattern
Today, most investors in Columbia Sportswear Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Columbia Sportswear's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Columbia Sportswear price to book as a starting point in their analysis.
Columbia Sportswear Price To Book |
| Timeline |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Columbia Book Value Per Share
Book Value Per Share |
|
Based on the latest financial disclosure, Columbia Sportswear has a Price To Book of 2.3072 times. This is 64.28% lower than that of the Textiles, Apparel & Luxury Goods sector and 47.8% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 75.74% higher than that of the company.
Columbia Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbia Sportswear's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Columbia Sportswear could also be used in its relative valuation, which is a method of valuing Columbia Sportswear by comparing valuation metrics of similar companies.Columbia Sportswear is rated fifth in price to book category among related companies.
Columbia Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0716 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 4.41 B | ||||
| Shares Outstanding | 59.47 M | ||||
| Shares Owned By Insiders | 44.18 % | ||||
| Shares Owned By Institutions | 54.14 % | ||||
| Number Of Shares Shorted | 3.32 M | ||||
| Price To Earning | 16.87 X | ||||
| Price To Book | 2.31 X | ||||
| Price To Sales | 1.28 X | ||||
| Revenue | 3.49 B | ||||
| Gross Profit | 1.71 B | ||||
| EBITDA | 434.48 M | ||||
| Net Income | 251.4 M | ||||
| Cash And Equivalents | 160.19 M | ||||
| Cash Per Share | 2.58 X | ||||
| Total Debt | 407.86 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 2.81 X | ||||
| Book Value Per Share | 31.92 X | ||||
| Cash Flow From Operations | 636.3 M | ||||
| Short Ratio | 6.09 X | ||||
| Earnings Per Share | 4.09 X | ||||
| Price To Earnings To Growth | 2.66 X | ||||
| Target Price | 73.0 | ||||
| Number Of Employees | 10.07 K | ||||
| Beta | 0.95 | ||||
| Market Capitalization | 4.76 B | ||||
| Total Asset | 2.94 B | ||||
| Retained Earnings | 1.98 B | ||||
| Working Capital | 1.42 B | ||||
| Current Asset | 1.25 B | ||||
| Current Liabilities | 366.07 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.97 % | ||||
| Net Asset | 2.94 B | ||||
| Last Dividend Paid | 0.9 |
About Columbia Sportswear Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbia Sportswear's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbia Sportswear using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbia Sportswear based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Columbia Sportswear
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Sportswear position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Sportswear will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbia Stock
| 0.78 | UA | Under Armour C | PairCorr |
Moving against Columbia Stock
| 0.49 | SRM | SRM Entertainment | PairCorr |
| 0.42 | WLDS | Wearable Devices | PairCorr |
The ability to find closely correlated positions to Columbia Sportswear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Sportswear when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Sportswear - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Sportswear to buy it.
The correlation of Columbia Sportswear is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Sportswear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Sportswear moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Sportswear can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Columbia Sportswear Piotroski F Score and Columbia Sportswear Altman Z Score analysis. To learn how to invest in Columbia Stock, please use our How to Invest in Columbia Sportswear guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Columbia Stock analysis
When running Columbia Sportswear's price analysis, check to measure Columbia Sportswear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Columbia Sportswear is operating at the current time. Most of Columbia Sportswear's value examination focuses on studying past and present price action to predict the probability of Columbia Sportswear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbia Sportswear's price. Additionally, you may evaluate how the addition of Columbia Sportswear to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
Is Columbia Sportswear's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbia Sportswear. If investors know Columbia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbia Sportswear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.9 | Earnings Share 4.09 | Revenue Per Share 56.658 | Quarterly Revenue Growth (0.06) |
The market value of Columbia Sportswear is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Sportswear's value that differs from its market value or its book value, called intrinsic value, which is Columbia Sportswear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia Sportswear's market value can be influenced by many factors that don't directly affect Columbia Sportswear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia Sportswear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Sportswear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Sportswear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.