Argo Group International Holdings - Stock

Argo Group International Holdings P/S 2024

Argo Group International Holdings P/S

0.69

Ticker

ARGO

ISIN

BMG0464B1072

WKN

A0MYRH

As of Jun 24, 2024, Argo Group International Holdings's P/S ratio stood at 0.69, a 2.99% change from the 0.67 P/S ratio recorded in the previous year.

The Argo Group International Holdings P/S history

Argo Group International Holdings Aktienanalyse

What does Argo Group International Holdings do?

Argo Group International Holdings Ltd is an international insurance conglomerate based in Bermuda. The company offers a wide range of insurance products for businesses and individuals and serves customers worldwide. The history of Argo Group began in 1949 with the founding of Armstrong Cork Company Insurance Associates in Pittsburgh, Pennsylvania. In 1976, the company was renamed Argo Corporation and began focusing on the international insurance market. In 1999, Argo Group was registered in Bermuda to take advantage of the favorable tax conditions of this island state. Argo Group's business model is to provide insurance coverage for businesses and individuals. The company offers a wide range of insurance products, including liability insurance, property insurance, auto insurance, and travel insurance. Argo Group also operates reinsurance business and offers specialized insurance products for specific industries, such as the energy sector, construction industry, or shipping industry. Argo Group is divided into various divisions, each offering different types of insurance products. ArgoGlobal division offers international property insurance and reinsurance, while ArgoSure provides specialized insurance products for the construction and real estate sector. Other divisions of Argo Group include ArgoPro for liability insurance, ArgoStrategies for cyber risks, and ArgoEnvironmental for environmental insurance. Argo Group is also known for being a provider of specialty insurance and has specialized in specific niche markets. For example, Argo Group offers D&O insurance for directors and executives of companies who want protection from liability claims. The company also offers products such as terrorism insurance, event insurance, and political risk insurance. Argo Group's products are tailored to the needs of businesses and individuals. The company offers customized insurance and works closely with its customers to understand their specific needs. Argo Group has also specialized in the use of technology and data analysis to optimize the insurance process and make better decisions. Overall, Argo Group has a strong position in the global insurance market and is well-positioned to compete in the competitive market due to its wide range of products and services. In recent years, the company has also made numerous acquisitions to expand its business and attract new customers. Argo Group is an innovative, emerging player in the insurance market and is expected to continue to play an important role in the future. Argo Group International Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Argo Group International Holdings's P/S Ratio

Argo Group International Holdings'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 Group International Holdings'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 Group International Holdings'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 Group International Holdings’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 Group International Holdings Stock

What is the price-to-earnings ratio of Argo Group International Holdings?

The price-earnings ratio of Argo Group International Holdings is currently 0.69.

How has the price-earnings ratio of Argo Group International Holdings changed compared to last year?

The price-to-earnings ratio of Argo Group International Holdings has increased by 2.99% 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 Group International Holdings high compared to other companies?

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

How does an increase in the price-earnings ratio of Argo Group International Holdings affect the company?

An increase in the price-earnings ratio of Argo Group International Holdings 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 Group International Holdings affect the company?

A decrease in the price-earnings ratio of Argo Group International Holdings 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 Group International Holdings?

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

How much dividend does Argo Group International Holdings pay?

Over the past 12 months, Argo Group International Holdings paid a dividend of 1.24 USD . This corresponds to a dividend yield of about 4.13 %. For the coming 12 months, Argo Group International Holdings is expected to pay a dividend of 1.16 USD.

What is the dividend yield of Argo Group International Holdings?

The current dividend yield of Argo Group International Holdings is 4.13 %.

When does Argo Group International Holdings pay dividends?

Argo Group International Holdings pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Argo Group International Holdings?

Argo Group International Holdings paid dividends every year for the past 17 years.

What is the dividend of Argo Group International Holdings?

For the upcoming 12 months, dividends amounting to 1.16 USD are expected. This corresponds to a dividend yield of 3.88 %.

In which sector is Argo Group International Holdings located?

Argo Group International Holdings is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Argo Group International Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Argo Group International Holdings from 12/15/2022 amounting to 0.31 USD, you needed to have the stock in your portfolio before the ex-date on 11/29/2022.

When did Argo Group International Holdings pay the last dividend?

The last dividend was paid out on 12/15/2022.

What was the dividend of Argo Group International Holdings in the year 2023?

In the year 2023, Argo Group International Holdings distributed 1.24 USD as dividends.

In which currency does Argo Group International Holdings pay out the dividend?

The dividends of Argo Group International Holdings are distributed in USD.

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Andere Kennzahlen von Argo Group International Holdings

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