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Dow Jones Industrial Average 1997
DJIA Component Tables | Price-to-Value Graph
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Is the U.S. stock market currently in a bullish (expansionary) phase, or is it in a bearish (contractionary) phase? Is one of these two phases currently much more dominant than the other? To see, look below at a quarterly profile of the DJIA component stocks.
First published on May 26, 1896 with a measurement of 40.94 points for 12 stocks, the DJIA is no longer an actual average due to stock splits and other recapitalizations. The base expanded to 30 stocks, the stocks comprising the index have changed over time, and the stocks are not limited to industrial companies. The only current DJIA stock included in the original average is General Electric, and it has not always been included in the intervening period.
Remember that accounting price-ratios and market-price multiples are not stock valuations but rather are merely indicators of possible over-pricing or under-pricing by the market. Price is not value.
1997 : 2nd Quarter · 3rd Quarter · 4th Quarter
The Dow 30: 1997 4th
Quarter
1997 December 31 Wednesday
: DJIA 7908.22
|
Company |
Ticker |
Market |
MktCap ($mil) |
Price |
P/E |
D/P |
P/B |
P/CF |
P/S |
Sales %US |
3-Yr* NIG% |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Allied Signal |
ALD |
NYSE |
21,895 |
38.81 |
19.5 |
1.3 |
5.0 |
11.9 |
1.6 |
--- |
35.4 |
|
Alcoa |
AA |
NYSE |
12,138 |
70.38 |
16.7 |
1.5 |
2.7 |
8.7 |
0.9 |
--- |
475.6 |
|
American Express |
AXP |
NYSE |
41,482 |
89.25 |
20.6 |
1.0 |
4.5 |
21.9 |
2.4 |
--- |
9.7 |
|
AT&T |
T |
NYSE |
99,587 |
61.31 |
20.2 |
2.2 |
4.5 |
11.5 |
1.9 |
--- |
NMF |
|
Boeing |
BA |
NYSE |
48,918 |
48.94 |
163.1 |
0.9 |
3.5 |
23.4 |
1.7 |
--- |
(4.2) |
|
Caterpillar |
CAT |
NYSE |
18,056 |
48.50 |
11.5 |
1.8 |
3.9 |
8.8 |
1.0 |
49 |
27.8 |
|
Chevron |
CHV |
NYSE |
50,570 |
77.00 |
17.7 |
2.9 |
3.0 |
9.8 |
1.2 |
--- |
27.3 |
|
Coca-Cola |
KO |
NYSE |
164,933 |
66.69 |
40.4 |
0.8 |
22.7 |
43.0 |
8.9 |
33 |
17.1 |
|
Disney |
DIS |
NYSE |
66,838 |
99.00 |
34.6 |
0.5 |
3.9 |
13.8 |
3.0 |
--- |
59.4 |
|
DuPont |
DD |
NYSE |
67,965 |
60.06 |
22.6 |
2.0 |
5.9 |
10.9 |
1.5 |
--- |
87.1 |
|
Eastman Kodak |
EK |
NYSE |
19,677 |
60.56 |
21.8 |
2.8 |
4.6 |
9.1 |
1.3 |
--- |
NMF |
|
Exxon |
XON |
NYSE |
150,883 |
61.19 |
18.0 |
2.6 |
3.5 |
11.0 |
1.1 |
--- |
12.5 |
|
General Electric |
GE |
NYSE |
240,136 |
73.38 |
30.3 |
1.4 |
7.1 |
19.7 |
2.8 |
--- |
19.0 |
|
General Motors |
GM |
NYSE |
49,191 |
60.75 |
8.4 |
2.7 |
2.1 |
3.0 |
0.3 |
--- |
43.9 |
|
Goodyear |
GT |
NYSE |
9,950 |
63.63 |
67.7 |
1.8 |
2.8 |
30.7 |
0.8 |
--- |
(36.0) |
|
Hewlett Packard |
HWP |
NYSE |
63,623 |
62.38 |
21.1 |
0.8 |
4.3 |
17.7 |
1.5 |
44 |
30.0 |
|
IBM |
IBM |
NYSE |
101,713 |
104.63 |
17.5 |
0.7 |
5.2 |
9.8 |
1.3 |
--- |
NMF |
|
International Paper |
IP |
NYSE |
13,036 |
43.13 |
NMF |
2.3 |
1.5 |
8.1 |
0.6 |
72 |
1.6 |
|
Johnson & Johnson |
JNJ |
NYSE |
88,515 |
65.88 |
27.2 |
1.2 |
7.3 |
22.7 |
3.9 |
--- |
17.3 |
|
McDonald's |
MCD |
NYSE |
32,889 |
47.75 |
20.4 |
0.6 |
3.7 |
14.2 |
2.9 |
--- |
14.3 |
|
Merck |
MRK |
NYSE |
127,015 |
106.00 |
29.0 |
1.5 |
9.9 |
27.5 |
5.6 |
--- |
21.5 |
|
3M |
MMM |
NYSE |
33,536 |
82.06 |
15.9 |
2.5 |
5.3 |
13.9 |
2.2 |
47 |
6.5 |
|
JP Morgan |
JPM |
NYSE |
20,052 |
112.88 |
14.3 |
3.1 |
1.8 |
13.0 |
1.1 |
--- |
(0.6) |
|
Philip Morris |
MO |
NYSE |
109,704 |
45.25 |
16.9 |
2.1 |
7.5 |
13.1 |
1.5 |
46 |
26.8 |
|
Proctor & Gamble |
PG |
NYSE |
107,267 |
79.81 |
60.9 |
0.7 |
10.5 |
22.5 |
3.0 |
--- |
16.2 |
|
Sears |
S |
NYSE |
17,738 |
45.25 |
14.8 |
2.0 |
3.3 |
8.4 |
0.4 |
--- |
(19.0) |
|
Travelers Group |
TRV |
NYSE |
51,810 |
53.88 |
19.4 |
0.7 |
3.9 |
20.1 |
2.1 |
--- |
35.9 |
|
Union Carbide |
UK |
NYSE |
5,922 |
42.94 |
9.3 |
1.7 |
--- |
6.1 |
0.9 |
71 |
115.8 |
|
United Technologies |
UTX |
NYSE |
16,964 |
72.81 |
17.9 |
1.7 |
3.9 |
9.8 |
0.7 |
56 |
25.4 |
|
Wal-Mart |
WMT |
NYSE |
88,871 |
39.44 |
27.0 |
0.7 |
5.1 |
19.6 |
0.8 |
--- |
9.4 |
|
Source: Morningstar.Net Research Quicktakes |
|||||||||||
* 3-year annualized historical Net Income growth rate. NMF = not meaningful figure.
The Dow 30: 1997 3rd
Quarter
1997 September 30 Tuesday:
DJIA 7945.260
The Dow 30: 1997 2nd
Quarter
1997 June 28 Saturday: DJIA 7687.72
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