RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Argo Blockchain Stock

Argo Blockchain P/S 2024

Argo Blockchain P/S

1.42

Ticker

ARB.L

ISIN

GB00BZ15CS02

WKN

A2JR3A

As of Nov 15, 2024, Argo Blockchain's P/S ratio stood at 1.42, a 22.41% change from the 1.16 P/S ratio recorded in the previous year.

The Argo Blockchain P/S history

Argo Blockchain Aktienanalyse

What does Argo Blockchain do?

Argo Blockchain PLC is a UK-based company that was founded in 2017. The company focuses on the development of mining technologies, particularly for the Bitcoin blockchain. It is listed on the London Stock Exchange and has quickly gained a reputation in the cryptocurrency sector. Argo Blockchain offers mining services directly to end consumers, helping process transactions and solve complex mathematical problems necessary for mining new Bitcoins. The company's business model is to support the Bitcoin blockchain and generate profits. They utilize modern and energy-efficient mining devices, renting out the mining power directly to customers who can benefit from the Bitcoin mining profits without having to purchase and operate the necessary hardware. In addition to crypto mining, Argo Blockchain also offers other technologies and projects, such as optimizing and digitizing the employee reward system through blockchain technology. The company is divided into several divisions, with cloud mining being an important one, where customers can rent Argo Blockchain's mining services. They pay a fee to utilize cryptographic algorithms on the platform and generate digital currencies. Argo Blockchain also has its own blockchain wallet for secure exchange of various types of digital currencies. They provide a comprehensive package for miners planning to upgrade their hardware or recover data after a crash. The company offers consulting services to assist customers in planning and setting up their mining facilities. In 2021, Argo Blockchain announced its entry into the green energy market, aiming to use renewable energy to operate its mining portfolio and take a leading position in the crypto mining industry. The goal is to minimize the environmental impact of blockchain technology, which has been a subject of criticism due to its energy consumption. Overall, Argo Blockchain is a significant player in the development and operation of crypto mining technologies, with a strong growth trajectory and a focus on strengthening its position in the green energy market. Providing mining services to customers remains the company's main business focus. Argo Blockchain ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Argo Blockchain's P/S Ratio

Argo Blockchain'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 Argo Blockchain'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 Argo Blockchain'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 Argo Blockchain’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 Argo Blockchain stock

What is the price-to-earnings ratio of Argo Blockchain?

The price-earnings ratio of Argo Blockchain is currently 1.42.

How has the price-earnings ratio of Argo Blockchain changed compared to last year?

The price-to-earnings ratio of Argo Blockchain has increased by 22.41% 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 Argo Blockchain high compared to other companies?

Yes, the price-to-earnings ratio of Argo Blockchain is high compared to other companies.

How does an increase in the price-earnings ratio of Argo Blockchain affect the company?

An increase in the price-earnings ratio of Argo Blockchain 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 Argo Blockchain affect the company?

A decrease in the price-earnings ratio of Argo Blockchain 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 Argo Blockchain?

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

How much dividend does Argo Blockchain pay?

Over the past 12 months, Argo Blockchain paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Argo Blockchain is expected to pay a dividend of 0 USD.

What is the dividend yield of Argo Blockchain?

The current dividend yield of Argo Blockchain is .

When does Argo Blockchain pay dividends?

Argo Blockchain pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Argo Blockchain?

Argo Blockchain paid dividends every year for the past 0 years.

What is the dividend of Argo Blockchain?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Argo Blockchain located?

Argo Blockchain is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Argo Blockchain kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Argo Blockchain from 11/15/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/15/2024.

When did Argo Blockchain pay the last dividend?

The last dividend was paid out on 11/15/2024.

What was the dividend of Argo Blockchain in the year 2023?

In the year 2023, Argo Blockchain distributed 0 USD as dividends.

In which currency does Argo Blockchain pay out the dividend?

The dividends of Argo Blockchain are distributed in USD.

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Andere Kennzahlen von Argo Blockchain

Our stock analysis for Argo Blockchain 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 Argo Blockchain Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.