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Comcast PE Ratio

: 12.51 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-08-07), Comcast's share price is $38.27. Comcast's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $3.06. Therefore, Comcast's PE Ratio for today is 12.51.

Good Sign:

Comcast Corp stock PE Ratio (=12.51) is close to 3-year low of 12.26


The historical rank and industry rank for Comcast's PE Ratio or its related term are showing as below:

CMCSA' s PE Ratio Range Over the Past 10 Years
Min: 6.17   Med: 17.58   Max: 23.35
Current: 12.51


During the past 13 years, the highest PE Ratio of Comcast was 23.35. The lowest was 6.17. And the median was 17.58.


CMCSA's PE Ratio is ranked better than
65.85% of 287 companies
in the Telecommunication Services industry
Industry Median: 17.29 vs CMCSA: 12.51

Comcast's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $0.76. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $3.06.

As of today (2022-08-07), Comcast's share price is $38.27. Comcast's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $3.06. Therefore, Comcast's PE Ratio without NRI for today is 12.51.

During the past 13 years, Comcast's highest PE Ratio without NRI was 23.35. The lowest was 6.17. And the median was 17.58.

Comcast's EPS without NRI for the three months ended in Jun. 2022 was $0.76. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $3.06.

During the past 12 months, Comcast's average EPS without NRI Growth Rate was 14.20% per year. During the past 3 years, the average EPS without NRI Growth Rate was 6.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 1.70% per year. During the past 10 years, the average EPS without NRI Growth Rate was 13.70% per year.

During the past 13 years, Comcast's highest 3-Year average EPS without NRI Growth Rate was 73.00% per year. The lowest was -118.40% per year. And the median was 16.00% per year.

Comcast's EPS (Basic) for the three months ended in Jun. 2022 was $0.76. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2022 was $3.10.


Comcast PE Ratio Historical Data

The historical data trend for Comcast's PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comcast Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.43 13.46 15.89 22.98 16.56

Comcast Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.28 18.04 16.56 15.10 12.82

Competitive Comparison

For the Telecom Services subindustry, Comcast's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Comcast PE Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, Comcast's PE Ratio distribution charts can be found below:

* The bar in red indicates where Comcast's PE Ratio falls into.



Comcast PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Comcast's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=38.27/3.060
=12.51

Comcast's Share Price of today is $38.27.
Comcast's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.06.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Comcast  (NAS:CMCSA) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Comcast PE Ratio Related Terms

Thank you for viewing the detailed overview of Comcast's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Comcast Business Description

Comcast logo
Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to roughly 61 million U.S. homes and businesses, or nearly half of the country. About 57% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in exclusive and proprietary content to build this position. The firm is also the largest pay-television provider in Italy and has a presence in Germany and Austria.
Executives
Strong Dana officer: CEO - Sky C/O COMCAST CORPORATION ONE COMCAST CENTER PHILADELPHIA PA 19103-2838
Bergman Naomi M. director 210 E. EARLL DRIVE PHOENIX AZ 85012
Miller Adam Louis officer: Sr. EVP ONE COMCAST CENTER PHILADELPHIA PA 19103-2838
Shell Jeff officer: CEO - NBCUniversal C/O COMCAST CORPORATION ONE COMCAST CENTER PHILADELPHIA PA 19103
Bacon Kenneth J director 5404 WISCONSIN AVENUE SUITE 410 CHEVY CHASE MD 20815
Reid Thomas J. officer: Senior EVP, GC and Secretary ONE COMCAST CENTER PHILADELPHIA PA 19103
Montiel Maritza Gomez director C/O APTARGROUP, INC. 265 EXCHANGE DRIVE, SUITE 100 CRYSTAL LAKE IL 60014
Roberts Brian L director, officer: Chairman of Board, Pres. & CEO COMCAST CORP 1500 MARKET STREET-35TH FLOOR PHILIDELPHIA PA 19102-2148
Watson David N officer: Sr. EVP 1100 CASSATT ROAD BERWYN PA 19312
Murdock Daniel C. officer: SVP & Chief Accounting Officer 1500 MARKET STREET PHILADELPHIA PA 19102
Nakahara Asuka director 527 GREYSTONE ROAD MERION PA 19066
Novak David C director 1441 GARDINER LANE LOUISVILLE KY 40213
Bell Madeline S. director ONE COMCAST CENTER PHILADELPHIA PA 19103-2838
Cavanagh Michael J officer: CFO 1 BANK ONE PLAZA IL1-0877 CHICAGO IL 60670
Burke Stephen B officer: Executive Vice President 41 CENTRAL PARK WEST - APT 11A NEW YORK NY 10023

Comcast Headlines

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