Comstock Resources Stock Price To Earnings To Growth
| CRK Stock | USD 10.32 0.02 0.19% |
Comstock Resources fundamentals help investors to digest information that contributes to Comstock Resources' financial success or failures. It also enables traders to predict the movement of Comstock Stock. The fundamental analysis module provides a way to measure Comstock Resources' 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 Comstock Resources stock.
Comstock |
Comstock Resources Company Price To Earnings To Growth Analysis
Comstock Resources' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Comstock Resources Price To Earnings To Growth | (0.04) X |
Most of Comstock Resources' fundamental indicators, such as Price To Earnings To Growth, 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, Comstock Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Comstock Resources has a Price To Earnings To Growth of -0.04 times. This is 100.23% lower than that of the Oil, Gas & Consumable Fuels sector and 101.88% lower than that of the Energy industry. The price to earnings to growth for all United States stocks is 100.82% higher than that of the company.
Comstock Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comstock Resources' direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comstock Resources could also be used in its relative valuation, which is a method of valuing Comstock Resources by comparing valuation metrics of similar companies.Comstock Resources is currently under evaluation in price to earnings to growth category among related companies.
Comstock Fundamentals
| Return On Equity | 0.0909 | ||||
| Return On Asset | 0.0237 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 5.59 B | ||||
| Shares Outstanding | 292.2 M | ||||
| Shares Owned By Insiders | 69.04 % | ||||
| Shares Owned By Institutions | 35.06 % | ||||
| Number Of Shares Shorted | 29.33 M | ||||
| Price To Earning | 17.08 X | ||||
| Price To Book | 1.18 X | ||||
| Price To Sales | 1.78 X | ||||
| Revenue | 1.57 B | ||||
| Gross Profit | 2.82 B | ||||
| EBITDA | 834.38 M | ||||
| Net Income | 211.57 M | ||||
| Cash And Equivalents | 54.65 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 2.71 B | ||||
| Debt To Equity | 1.81 % | ||||
| Current Ratio | 0.55 X | ||||
| Book Value Per Share | 8.47 X | ||||
| Cash Flow From Operations | 1.02 B | ||||
| Short Ratio | 6.48 X | ||||
| Earnings Per Share | 0.76 X | ||||
| Price To Earnings To Growth | (0.04) X | ||||
| Target Price | 9.71 | ||||
| Number Of Employees | 251 | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 3.02 B | ||||
| Total Asset | 6.47 B | ||||
| Retained Earnings | 958.27 M | ||||
| Working Capital | (220 M) | ||||
| Current Asset | 156.24 M | ||||
| Current Liabilities | 95.72 M | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 6.47 B | ||||
| Last Dividend Paid | 0.5 |
About Comstock Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comstock Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comstock Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comstock Resources 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 Comstock Resources
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 Comstock Resources 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 Comstock Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Comstock Stock
| 0.96 | AR | Antero Resources Corp | PairCorr |
| 0.83 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.84 | SD | SandRidge Energy | PairCorr |
| 0.85 | SM | SM Energy | PairCorr |
Moving against Comstock Stock
| 0.67 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Comstock Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comstock Resources 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 Comstock Resources - 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 Comstock Resources to buy it.
The correlation of Comstock Resources 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 Comstock Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comstock Resources 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 Comstock Resources 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 Comstock Resources Piotroski F Score and Comstock Resources Altman Z Score analysis. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Comstock Stock analysis
When running Comstock Resources' price analysis, check to measure Comstock Resources' 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 Comstock Resources is operating at the current time. Most of Comstock Resources' value examination focuses on studying past and present price action to predict the probability of Comstock Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Resources' price. Additionally, you may evaluate how the addition of Comstock Resources to your portfolios can decrease your overall portfolio volatility.
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Is Comstock Resources' 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 Comstock Resources. If investors know Comstock 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 Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' 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.