What is the price-to-earnings ratio of Altek?
The price-earnings ratio of Altek is currently 1.11.
Altek P/S 2024
Altek P/S
1.11
Ticker
3059.TW
ISIN
TW0003059002
As of Oct 3, 2024, Altek's P/S ratio stood at 1.11, a 42.31% change from the 0.78 P/S ratio recorded in the previous year.
The Altek P/S history
Altek Aktienanalyse
What does Altek do?
Altek Corp. is a leading manufacturer of technology solutions in Taiwan, offering a wide range of products and services. The company's history dates back to 1996 when Altek was founded to meet the growing demand for advanced technology solutions in Taiwan. Since then, the company has constantly evolved and introduced new products and services to meet the needs of its customers. Altek's business model is based on the development and production of high-quality technology solutions for various industries such as medical technology, automotive industry, security and surveillance, industrial automation, and building and home technology. The company relies on close collaboration with its customers and partners to provide individual solutions for their specific requirements. Altek is divided into different divisions, each offering its own products and services. The intelligent manufacturing division offers solutions for industrial automation, including robotics, image processing, and data capture. The imaging division provides advanced sensors and cameras for applications such as machine automation, transportation systems, and medical devices. The security and surveillance division provides advanced surveillance systems and services for a variety of applications, including retail, transportation, and public safety. Altek's products include cameras for industrial and consumer markets, medical devices such as ultrasound devices and endoscopes, as well as advanced monitoring and security systems for various industries. In addition, the company offers a wide range of services ranging from development and production to installation and maintenance. Since its inception, Altek has become a major player in the technology industry in Taiwan and globally. The company is known for its innovation and ability to provide customized technology solutions to its customers. With a strong focus on quality, reliability, and customer service, Altek continues its tradition of providing innovative technologies and services that change and improve the world. Altek ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Altek's P/S Ratio
Altek'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 Altek'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 Altek'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 Altek’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 Altek stock
How has the price-earnings ratio of Altek changed compared to last year?
The price-to-earnings ratio of Altek has increased by 42.31% 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 Altek high compared to other companies?
Yes, the price-to-earnings ratio of Altek is high compared to other companies.
How does an increase in the price-earnings ratio of Altek affect the company?
An increase in the price-earnings ratio of Altek 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 Altek affect the company?
A decrease in the price-earnings ratio of Altek 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 Altek?
Some factors that influence the price-earnings ratio of Altek are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Altek pay?
Over the past 12 months, Altek paid a dividend of 1 TWD . This corresponds to a dividend yield of about 2.85 %. For the coming 12 months, Altek is expected to pay a dividend of 1 TWD.
What is the dividend yield of Altek?
The current dividend yield of Altek is 2.85 %.
When does Altek pay dividends?
Altek pays a quarterly dividend. This is distributed in the months of October, October, October, October.
How secure is the dividend of Altek?
Altek paid dividends every year for the past 20 years.
What is the dividend of Altek?
For the upcoming 12 months, dividends amounting to 1 TWD are expected. This corresponds to a dividend yield of 2.85 %.
In which sector is Altek located?
Altek is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Altek kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Altek from 10/18/2024 amounting to 0.7 TWD, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.
When did Altek pay the last dividend?
The last dividend was paid out on 10/18/2024.
What was the dividend of Altek in the year 2023?
In the year 2023, Altek distributed 0.688 TWD as dividends.
In which currency does Altek pay out the dividend?
The dividends of Altek are distributed in TWD.
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Andere Kennzahlen von Altek
Our stock analysis for Altek 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 Altek Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.