Allstate Pb Ratio vs Payout Ratio Analysis
ALL Stock | USD 190.55 1.76 0.93% |
Allstate financial indicator trend analysis is way more than just evaluating Allstate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allstate is a good investment. Please check the relationship between Allstate Pb Ratio and its Payout Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Pb Ratio vs Payout Ratio
Pb Ratio vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allstate Pb Ratio account and Payout Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Allstate's Pb Ratio and Payout Ratio is -0.59. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of The Allstate, assuming nothing else is changed. The correlation between historical values of Allstate's Pb Ratio and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of The Allstate are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Pb Ratio i.e., Allstate's Pb Ratio and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Pb Ratio
Payout Ratio
Payout Ratio is the proportion of The Allstate earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Allstate dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Allstate is paying out more in dividends than it makes in net income.Most indicators from Allstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allstate current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The value of Selling General Administrative is expected to slide to about 8.6 M. Tax Provision is expected to rise to about (565.2 M) this year
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 43.3B | 44.0B | 50.0B | 33.9B | Total Revenue | 50.6B | 51.4B | 57.1B | 37.0B |
Allstate fundamental ratios Correlations
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Allstate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allstate fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 120.0B | 126.0B | 99.4B | 98.0B | 103.4B | 122.9B | |
Total Stockholder Equity | 26.0B | 30.2B | 25.2B | 17.5B | 17.8B | 20.5B | |
Property Plant And Equipment Net | 1.1B | 1.1B | 939M | 987M | 859M | 1.1B | |
Retained Earnings | 48.1B | 52.8B | 53.3B | 51.0B | 49.7B | 32.4B | |
Non Current Assets Total | 83.2B | 90.1B | 65.7B | 4.9B | 4.6B | 4.4B | |
Non Currrent Assets Other | (1.2B) | (1.4B) | (833M) | (59.3B) | (65.8B) | (69.1B) | |
Common Stock Shares Outstanding | 333.5M | 315.5M | 299.1M | 271.2M | 262.5M | 471.6M | |
Liabilities And Stockholders Equity | 120.0B | 126.0B | 99.4B | 98.0B | 103.4B | 122.9B | |
Other Stockholder Equity | (26.3B) | (27.8B) | (36.4B) | (33.1B) | (33.3B) | (31.6B) | |
Accumulated Other Comprehensive Income | 2.0B | 3.3B | 655M | (2.4B) | (700M) | (665M) | |
Short Long Term Debt Total | 6.9B | 7.8B | 8.0B | 8.7B | 7.9B | 5.5B | |
Net Debt | 6.3B | 7.4B | 7.2B | 7.2B | 7.2B | 5.0B | |
Non Current Liabilities Total | 7.8B | 9.2B | 8.8B | 80.2B | 7.9B | 8.2B | |
Total Liab | 94.0B | 9.2B | 8.8B | 80.6B | 7.9B | 7.5B | |
Other Current Liab | (6.9B) | 29.2B | 33.5B | 38.6B | 41.7B | 65.5B | |
Total Current Liabilities | 6.9B | 29.2B | 33.5B | 386M | 42.0B | 66.0B | |
Cash | 338M | 377M | 763M | 736M | 722M | 520.1M | |
Other Assets | 16.4B | 12.0B | 10.6B | 81.5B | 88.0B | 92.4B | |
Cash And Short Term Investments | 4.6B | 8.2B | 4.8B | 4.9B | 5.9B | 3.6B | |
Net Receivables | 15.7B | 15.7B | 18.4B | 18.8B | 18.9B | 10.0B | |
Short Term Investments | 4.3B | 7.8B | 4.0B | 4.2B | 5.1B | 3.5B | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 1.1B | 1.1B | 1.2B | 1.1B | |
Total Current Assets | 20.3B | 23.9B | 23.2B | 11.6B | 10.8B | 10.2B | |
Other Liab | 57.6B | 43.4B | 12.3B | 11.2B | 10.1B | 9.5B | |
Accounts Payable | 6.9B | 8.7B | 34.2B | (39.3B) | (45.2B) | (42.9B) | |
Long Term Debt | 6.6B | 7.8B | 8.0B | 8.0B | 7.9B | 6.4B | |
Good Will | 2.5B | 2.5B | 2.5B | 3.5B | 4.0B | 4.2B | |
Other Current Assets | 14.9B | 14.0B | 14.6B | (12.1B) | 16.4B | 15.6B | |
Treasury Stock | (28.1B) | (29.7B) | (31.3B) | (34.5B) | (31.0B) | (29.5B) | |
Intangible Assets | 481M | 453M | 1.4B | 1.2B | 966M | 1.5B | |
Property Plant Equipment | 1.1B | 1.1B | 939M | 987M | 1.1B | 1.1B | |
Retained Earnings Total Equity | 48.1B | 52.8B | 53.3B | 51.0B | 58.6B | 40.3B | |
Deferred Long Term Liab | 425M | 1.2B | 1.4B | 833M | 958.0M | 548.0M | |
Net Tangible Assets | 21.2B | 25.7B | 19.7B | 12.0B | 10.8B | 15.0B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Allstate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Property & Casualty Insurance space 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 Allstate. If investors know Allstate 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 Allstate 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 (0.68) | Dividend Share 3.65 | Earnings Share 15.78 | Revenue Per Share 236.821 | Quarterly Revenue Growth 0.147 |
The market value of Allstate is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate's value that differs from its market value or its book value, called intrinsic value, which is Allstate'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 Allstate's market value can be influenced by many factors that don't directly affect Allstate'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 Allstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate'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.