What is the price-to-earnings ratio of 908 Devices?
The price-earnings ratio of 908 Devices is currently -5.08.
908 Devices P/E 2024
908 Devices P/E
-5.08
Ticker
MASS
ISIN
US65443P1021
WKN
A2QK1S
As of Aug 3, 2024, 908 Devices's P/E ratio was -5.08, a -34.45% change from the -7.75 P/E ratio recorded in the previous year.
The 908 Devices P/E history
908 Devices Aktienanalyse
What does 908 Devices do?
The company 908 Devices was founded in Boston in 2012 and specializes in the development and manufacturing of innovative analysis devices. The idea behind the company was to develop portable devices that would allow users to perform quick and accurate analyses on-site. 908 Devices' business model is based on the development and marketing of devices for the chemistry, pharmaceutical, and biotech industries, as well as for applications in the security and defense sectors. The company has several product lines tailored to different applications, including portable devices for mobile use. One of the most important branches of 908 Devices is mass spectrometry, a method used in many areas of analytics, such as forensics, environmental analysis, and food control. 908 Devices has developed a technology that allows for compact and portable mass spectrometry, which was not previously possible. Another important area of 908 Devices is chromatography, a method used for separating substances. Here too, the company has developed a technology that allows for the offering of chromatography in portable devices. 908 Devices also offers devices for molecular spectroscopy, including Raman spectroscopy, which allows for the identification and characterization of molecules. Raman spectroscopy is used in many applications, such as pharmaceutical research and material analysis. Among the products offered by 908 Devices are the M908 and MX908 devices, specifically designed for use in the security and defense industry. These devices allow for the real-time detection of a variety of hazardous substances, such as explosives, drugs, or dangerous chemicals. Another product of 908 Devices is the ZipChip device, used in biotech research. The ZipChip allows for the analysis of proteins in a very short time, which is of great importance in pharmaceutical research. The company has received several awards in recent years, including the R&D 100 Award and the Innovation Award of Analytica, one of the world's most important trade fairs for analytics and laboratory technology. Overall, 908 Devices has achieved an impressive success story and aims to revolutionize the way analyses are conducted. With its innovative products and technologies, the company has found a niche in the market and has experienced strong growth. 908 Devices ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering 908 Devices's P/E Ratio
The Price to Earnings (P/E) Ratio of 908 Devices is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing 908 Devices's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of 908 Devices is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in 908 Devices’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about 908 Devices stock
How has the price-earnings ratio of 908 Devices changed compared to last year?
The price-to-earnings ratio of 908 Devices has increased by -34.45% fallen (meaning "decreased" or "dropped") 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 908 Devices high compared to other companies?
Yes, the price-to-earnings ratio of 908 Devices is high compared to other companies.
How does an increase in the price-earnings ratio of 908 Devices affect the company?
An increase in the price-earnings ratio of 908 Devices 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 908 Devices affect the company?
A decrease in the price-earnings ratio of 908 Devices 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 908 Devices?
Some factors that influence the price-earnings ratio of 908 Devices are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does 908 Devices pay?
Over the past 12 months, 908 Devices paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, 908 Devices is expected to pay a dividend of 0 USD.
What is the dividend yield of 908 Devices?
The current dividend yield of 908 Devices is .
When does 908 Devices pay dividends?
908 Devices pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of 908 Devices?
908 Devices paid dividends every year for the past 0 years.
What is the dividend of 908 Devices?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is 908 Devices located?
908 Devices is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von 908 Devices kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of 908 Devices from 8/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/3/2024.
When did 908 Devices pay the last dividend?
The last dividend was paid out on 8/3/2024.
What was the dividend of 908 Devices in the year 2023?
In the year 2023, 908 Devices distributed 0 USD as dividends.
In which currency does 908 Devices pay out the dividend?
The dividends of 908 Devices are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von 908 Devices
Our stock analysis for 908 Devices 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 908 Devices Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.