Commonwealth Bank of Australia P/S 2024

Commonwealth Bank of Australia P/S

7.67

Commonwealth Bank of Australia Dividend yield

5.59 %

Ticker

CBA.AX

ISIN

AU000000CBA7

WKN

882695

As of Apr 26, 2024, Commonwealth Bank of Australia's P/S ratio stood at 7.67, a 117.28% change from the 3.53 P/S ratio recorded in the previous year.

The Commonwealth Bank of Australia P/S history

Commonwealth Bank of Australia Aktienanalyse

What does Commonwealth Bank of Australia do?

The Commonwealth Bank of Australia, commonly referred to as CommBank, is the largest bank in Australia and is also among the world's largest banks by market capitalization. The bank offers a wide range of financial services for personal and business customers and operates in New Zealand, Asia, and the USA. The history of CommBank dates back to 1911, when the Australian government established a state bank. The bank was responsible for managing Australian government finances as well as developing national infrastructure. In 1991, the bank was privatized and transformed into the Commonwealth Bank of Australia. CommBank's business model is based on offering banking services to individuals, small and medium-sized enterprises, and large corporations. The bank aims to support its customers in all financial matters, including providing bank accounts, credit cards, personal and business loans, mortgages, insurance, and investment services. CommBank is divided into several business segments, including Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, and Wealth Management. Each segment is focused on the needs and requirements of different customers. The Retail Banking Services segment offers a wide range of banking facilities and services for personal customers. Services include current accounts, savings accounts, credit cards, and loans. The bank also operates a network of branches, ATMs, and bank agencies in Australia. The Business and Private Banking segment provides services to small and medium-sized businesses in Australia, including financing, trade finance, and cash management services. The bank also offers specialized services for high net worth customers, including wealth management services and financial planning services. The Institutional Banking and Markets segment offers financial services to large corporations and institutional clients. Services include investment banking, trade finance, and risk management services. The IB&M segment also operates an international network of branches in Asia, Europe, and America. Lastly, the Wealth Management segment of CommBank offers a wide range of wealth management services, including investment products, pension plans, and life insurance. The Wealth Management segment works with a team of professionals to assist customers in managing their finances and achieving their goals. Overall, CommBank is a significant player in the Australian and international financial market. The bank has earned a good reputation in recent years due to its wide range of services, strong brand, and excellent financial results. The bank is committed to providing its customers with top-notch financial services and further expanding its position as a leading Australian financial services provider. Commonwealth Bank of Australia ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Commonwealth Bank of Australia's P/S Ratio

Commonwealth Bank of Australia's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Commonwealth Bank of Australia's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Commonwealth Bank of Australia's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Commonwealth Bank of Australia’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Commonwealth Bank of Australia Stock

What is the price-to-earnings ratio of Commonwealth Bank of Australia?

The price-earnings ratio of Commonwealth Bank of Australia is currently 7.67.

How has the price-earnings ratio of Commonwealth Bank of Australia changed compared to last year?

The price-to-earnings ratio of Commonwealth Bank of Australia has increased by 117.28% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Commonwealth Bank of Australia high compared to other companies?

Yes, the price-to-earnings ratio of Commonwealth Bank of Australia is high compared to other companies.

How does an increase in the price-earnings ratio of Commonwealth Bank of Australia affect the company?

An increase in the price-earnings ratio of Commonwealth Bank of Australia would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Commonwealth Bank of Australia affect the company?

A decrease in the price-earnings ratio of Commonwealth Bank of Australia would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Commonwealth Bank of Australia?

Some factors that influence the price-earnings ratio of Commonwealth Bank of Australia are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Commonwealth Bank of Australia pay?

Over the past 12 months, Commonwealth Bank of Australia paid a dividend of 6.43 AUD . This corresponds to a dividend yield of about 5.59 %. For the coming 12 months, Commonwealth Bank of Australia is expected to pay a dividend of 6.5 AUD.

What is the dividend yield of Commonwealth Bank of Australia?

The current dividend yield of Commonwealth Bank of Australia is 5.59 %.

When does Commonwealth Bank of Australia pay dividends?

Commonwealth Bank of Australia pays a quarterly dividend. This is distributed in the months of September, March, September, March.

How secure is the dividend of Commonwealth Bank of Australia?

Commonwealth Bank of Australia paid dividends every year for the past 25 years.

What is the dividend of Commonwealth Bank of Australia?

For the upcoming 12 months, dividends amounting to 6.5 AUD are expected. This corresponds to a dividend yield of 5.65 %.

In which sector is Commonwealth Bank of Australia located?

Commonwealth Bank of Australia is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Commonwealth Bank of Australia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Commonwealth Bank of Australia from 3/28/2024 amounting to 3.071 AUD, you needed to have the stock in your portfolio before the ex-date on 2/21/2024.

When did Commonwealth Bank of Australia pay the last dividend?

The last dividend was paid out on 3/28/2024.

What was the dividend of Commonwealth Bank of Australia in the year 2023?

In the year 2023, Commonwealth Bank of Australia distributed 5.5 AUD as dividends.

In which currency does Commonwealth Bank of Australia pay out the dividend?

The dividends of Commonwealth Bank of Australia are distributed in AUD.

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Andere Kennzahlen von Commonwealth Bank of Australia

Our stock analysis for Commonwealth Bank of Australia Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Commonwealth Bank of Australia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.