Vanguard Core Bond Fund Investor Shares
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
4.7865.585.6920.59-96.69-4.105.59139.90-2.378.8411.35-96.69
Price/Sales ratio
9.8711.0511.0910.8710.151.9712.6712.4210.129.39322.4110.15
Price/Book Value ratio
0.650.700.670.670.680.110.660.680.820.820.800.68
Price/Cash Flow ratio
9.38-5.818.0512.7430.274.1127.43-9.376.083.615.765.76
Price/Free Cash Flow ratio
9.38-5.818.0512.7430.274.1127.43-9.376.083.61152.5930.27
Price/Earnings Growth ratio
-0.00-0.700.00-0.280.80-0.00-0.03-1.450.00-0.06-0.70-0.00
Dividend Yield
9.04%9.13%8.21%7.74%N/A46.35%7.50%8.27%11.67%9.89%3.43%46.35%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%100%100%100%
Operating Profit Margin
87.73%87.88%87.93%87.66%87.55%85.82%86.11%84.90%87.27%90.18%90.32%87.55%
Pretax Profit Margin
206.56%16.85%194.67%52.77%-10.50%-48.01%226.58%8.88%-425.48%106.21%107.31%-10.50%
Net Profit Margin
206.56%16.85%194.67%52.77%-10.50%-48.01%226.58%8.88%-425.48%106.21%107.31%-10.50%
Effective Tax Rate
57.52%-421.43%54.83%-66.11%933.48%278.74%61.99%-856.02%120.51%15.09%15.82%278.74%
Return on Assets
9.34%0.75%8.65%2.35%-0.49%-1.79%8.73%0.28%-19.50%5.87%4.46%-0.49%
Return On Equity
13.75%1.06%11.82%3.26%-0.71%-2.71%11.85%0.49%-34.55%9.28%7.07%-0.71%
Return on Capital Employed
5.81%5.55%5.31%5.38%5.87%4.69%4.48%4.66%7.06%7.87%5.93%5.87%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.07N/A
Quick Ratio
0.040.070.070.070.070.120.070.130.070.070.070.12
Cash ratio
0.000.000.000.000.000.000.000.000.000.000.000.00
Days of Sales Outstanding
88.3989.8798.7888.9888.1588.5186.3088.3786.8782.82110.0688.15
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A110.06N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A110.06N/A
Debt Ratios
Debt Ratio
0.000.000.000.00N/A0.220.250.280.370.310.310.31
Debt Equity Ratio
0.000.000.000.00N/A0.340.340.490.650.500.500.50
Long-term Debt to Capitalization
0.000.000.000.00N/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
0.000.000.000.00N/A0.250.250.330.390.330.330.33
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
24.14-48.5718.2727.41N/A0.070.07-0.140.200.440.270.27
Company Equity Multiplier
1.471.411.361.381.431.511.351.711.771.581.581.43
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
1.05-1.901.370.850.330.470.46-1.321.662.592.110.33
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
24.14-48.5718.2727.41N/A0.070.07-0.140.200.440.270.27
Short Term Coverage Ratio
N/AN/AN/AN/AN/A0.070.07-0.140.200.440.270.27
Dividend Payout Ratio
43.24%599.16%46.82%159.59%N/A-190.40%41.97%1157.02%-27.78%87.49%86.39%-190.40%