McKesson Price To Sales Ratio vs Book Value Per Share Analysis

MCK Stock  USD 579.74  0.00  0.00%   
McKesson financial indicator trend analysis is infinitely more than just investigating McKesson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McKesson is a good investment. Please check the relationship between McKesson Price To Sales Ratio and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McKesson Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between McKesson's Price To Sales Ratio and Book Value Per Share is -0.1. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of McKesson, assuming nothing else is changed. The correlation between historical values of McKesson's Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of McKesson are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., McKesson's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing McKesson stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on McKesson sales, a figure that is much harder to manipulate than other McKesson multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from McKesson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McKesson 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.At this time, McKesson's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 28.19 this year, although the value of Tax Provision will most likely fall to about 410.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit13.1B12.4B12.6B7.2B
Total Revenue264.0B276.7B309.0B324.4B

McKesson fundamental ratios Correlations

0.850.450.770.030.690.680.780.740.730.930.810.730.990.130.780.970.3-0.290.780.480.980.610.620.530.64
0.850.390.530.290.50.870.70.470.770.870.70.770.810.360.610.740.19-0.020.560.270.80.790.850.20.57
0.450.390.39-0.180.20.250.250.270.40.310.220.40.380.130.440.470.81-0.260.410.140.50.410.20.320.0
0.770.530.39-0.420.920.330.540.990.580.610.580.580.78-0.110.940.830.33-0.741.00.880.810.390.260.870.48
0.030.29-0.18-0.42-0.550.530.3-0.44-0.130.330.26-0.130.00.78-0.42-0.17-0.310.82-0.42-0.63-0.120.140.63-0.70.22
0.690.50.20.92-0.550.260.360.920.610.50.470.610.71-0.310.920.760.25-0.740.930.90.750.380.160.860.45
0.680.870.250.330.530.260.640.280.350.830.60.350.630.420.390.510.180.210.350.060.570.590.92-0.030.45
0.780.70.250.540.30.360.640.510.490.810.650.490.780.380.440.73-0.03-0.230.520.290.720.360.650.180.36
0.740.470.270.99-0.440.920.280.510.520.590.570.520.76-0.180.930.80.23-0.750.980.910.770.30.220.890.5
0.730.770.40.58-0.130.610.350.490.520.560.561.00.720.140.660.750.13-0.320.60.430.770.730.410.410.49
0.930.870.310.610.330.50.830.810.590.560.830.560.90.290.650.840.13-0.040.630.30.850.560.810.340.67
0.810.70.220.580.260.470.60.650.570.560.830.560.820.340.590.740.06-0.050.590.370.760.510.550.390.91
0.730.770.40.58-0.130.610.350.490.521.00.560.560.720.140.660.750.13-0.320.610.430.770.730.410.410.49
0.990.810.380.780.00.710.630.780.760.720.90.820.720.090.770.970.26-0.320.790.520.980.570.550.550.65
0.130.360.13-0.110.78-0.310.420.38-0.180.140.290.340.140.09-0.16-0.01-0.110.46-0.12-0.350.040.310.59-0.440.23
0.780.610.440.94-0.420.920.390.440.930.660.650.590.660.77-0.160.830.34-0.650.970.830.810.460.340.890.54
0.970.740.470.83-0.170.760.510.730.80.750.840.740.750.97-0.010.830.31-0.460.840.590.990.530.450.660.56
0.30.190.810.33-0.310.250.18-0.030.230.130.130.060.130.26-0.110.340.31-0.20.330.130.370.3-0.050.32-0.09
-0.29-0.02-0.26-0.740.82-0.740.21-0.23-0.75-0.32-0.04-0.05-0.32-0.320.46-0.65-0.46-0.2-0.73-0.86-0.40.010.25-0.80.05
0.780.560.411.0-0.420.930.350.520.980.60.630.590.610.79-0.120.970.840.33-0.730.880.820.410.290.880.5
0.480.270.140.88-0.630.90.060.290.910.430.30.370.430.52-0.350.830.590.13-0.860.880.550.120.00.880.34
0.980.80.50.81-0.120.750.570.720.770.770.850.760.770.980.040.810.990.37-0.40.820.550.610.490.610.59
0.610.790.410.390.140.380.590.360.30.730.560.510.730.570.310.460.530.30.010.410.120.610.570.150.47
0.620.850.20.260.630.160.920.650.220.410.810.550.410.550.590.340.45-0.050.250.290.00.490.57-0.10.42
0.530.20.320.87-0.70.86-0.030.180.890.410.340.390.410.55-0.440.890.660.32-0.80.880.880.610.15-0.10.39
0.640.570.00.480.220.450.450.360.50.490.670.910.490.650.230.540.56-0.090.050.50.340.590.470.420.39
Click cells to compare fundamentals

McKesson Account Relationship Matchups

McKesson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.2B65.0B63.3B62.3B67.4B36.5B
Short Long Term Debt Total9.4B9.4B7.5B7.3B7.4B4.8B
Other Current Liab683M3.6B9.0B3.9B4.6B2.9B
Total Current Liabilities42.6B44.1B48.5B48.0B52.4B55.0B
Total Stockholder Equity5.1B(21M)(2.3B)(1.9B)(2.0B)(1.9B)
Property Plant And Equipment Net4.3B4.7B3.6B3.8B4.0B4.2B
Net Debt5.4B3.1B4.0B2.6B2.8B2.2B
Retained Earnings13.0B8.2B9.0B12.3B15.0B7.5B
Accounts Payable37.2B39.0B38.1B42.5B47.1B49.5B
Cash4.0B6.3B3.5B4.7B4.6B2.6B
Non Current Assets Total19.0B19.6B17.1B18.0B19.5B11.0B
Non Currrent Assets Other2.3B2.6B1.9B2.0B2.8B1.7B
Cash And Short Term Investments4.0B6.3B3.5B4.7B4.6B2.6B
Net Receivables20.0B19.2B18.6B19.4B21.6B11.0B
Common Stock Shares Outstanding182M160.6M154.1M142.2M134.1M184.3M
Liabilities And Stockholders Equity61.2B65.0B63.3B62.3B67.4B36.5B
Non Current Liabilities Total11.9B19.5B16.6B15.9B16.7B17.5B
Inventory16.7B19.2B18.7B19.7B21.1B11.2B
Other Current Assets617M677M5.4B513M626M676.4M
Other Stockholder Equity(6.2B)(6.7B)(9.8B)(13.3B)(16.1B)(15.3B)
Total Liab54.5B63.6B65.1B63.8B69.0B72.5B
Property Plant And Equipment Gross4.3B4.7B3.6B3.8B6.5B6.8B
Total Current Assets42.2B45.4B46.2B44.3B48.0B25.5B
Accumulated Other Comprehensive Income(1.7B)(1.5B)(1.5B)(905M)(881M)(925.1M)
Short Term Debt1.4B1.5B1.4B1.6B640M696.3M
Intangible Assets3.2B2.9B2.1B2.3B2.1B2.0B
Other Liab3.9B11.2B10.1B9.8B11.3B11.8B
Other Assets1.9B2.6B1.3B1.8B2.0B1.7B
Long Term Debt6.3B6.4B5.1B4.6B5.6B4.5B
Treasury Stock(8.9B)(12.9B)(13.7B)(17.0B)(15.3B)(14.6B)
Property Plant Equipment2.4B2.6B2.1B2.2B2.5B1.5B
Good Will9.4B9.5B9.5B9.9B10.1B6.9B
Net Tangible Assets(4.4B)(9.3B)(12.4B)(12.7B)(11.4B)(10.8B)
Noncontrolling Interest In Consolidated Entity217M196M480M367M422.1M302.3M
Retained Earnings Total Equity13.0B8.2B9.0B12.3B14.1B11.7B

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When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Health Care Providers & Services 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 McKesson. If investors know McKesson 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 McKesson 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
(0.62)
Dividend Share
2.57
Earnings Share
19.31
Revenue Per Share
2.5 K
Quarterly Revenue Growth
0.213
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.