What is the price-to-earnings ratio of Argo Group?
The price-earnings ratio of Argo Group is currently 144.08.
Argo Group P/S 2024
Argo Group P/S
144.08
Argo Group Dividend yield
22.62 %
Ticker
ARGO.L
ISIN
IM00B2RDSS92
WKN
A0Q2GA
As of Jun 5, 2024, Argo Group's P/S ratio stood at 144.08, a -46.63% change from the 269.94 P/S ratio recorded in the previous year.
The Argo Group P/S history
Argo Group Aktienanalyse
What does Argo Group do?
Argo Group Ltd is a leading global company specializing in insurance and reinsurance. It was originally known as Argonaut Insurance Company and was founded in 1948. The company has since grown into an international conglomerate headquartered in Hamilton, Bermuda. The business model of Argo Group Ltd involves assuming risks from various companies and institutions and charging premiums for them. These premiums are then used to cover damages or losses that may occur due to events such as natural disasters, accidents, or other unforeseen circumstances. The company operates in various sectors, including Property & Casualty, Specialty, Reinsurance, Bermuda, and London Markets. The Property & Casualty division offers insurance solutions for businesses and individuals. This includes a wide range of products, such as auto insurance, property insurance, liability insurance, and more. Additionally, Argo Group Ltd supports its clients with risk-based analysis and advisory services to ensure optimal coverage. In the Specialty division, the company focuses on specialized insurance solutions for different sectors. This includes risks related to transportation, aerospace, energy and utilities, as well as cyber risks. With tailored insurance solutions and comprehensive expertise in risk-based analysis and advisory, Argo Group Ltd meets the specific needs of its clients. The Reinsurance division provides companies with reinsurance protection to reduce the risk of damages caused by events such as natural disasters, fires, or other unforeseen circumstances. Reinsurance refers to the transfer of a portion of risk from one insurance company to another. Argo Group Ltd is recognized as a reputable reinsurance partner for companies worldwide. The Bermuda and London Markets divisions operate as independent insurance entities in their respective areas. In Bermuda, the company offers specialized insurance solutions to businesses and individuals requiring global coverage. In London Markets, Argo Group Ltd collaborates with a network of insurance brokers and agents to provide specialized insurance solutions for underserved market segments. Argo Group Ltd distinguishes itself through high customer orientation, comprehensive industry expertise, and a strong risk management culture. The company aims to achieve sustainable value creation for shareholders and customers. It places great importance on responsible and transparent corporate governance and sets high standards in terms of compliance and corporate social responsibility. Argo Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Argo Group's P/S Ratio
Argo Group'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'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'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’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 Stock
How has the price-earnings ratio of Argo Group changed compared to last year?
The price-to-earnings ratio of Argo Group has increased by -46.63% 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 Argo Group high compared to other companies?
Yes, the price-to-earnings ratio of Argo Group is high compared to other companies.
How does an increase in the price-earnings ratio of Argo Group affect the company?
An increase in the price-earnings ratio of Argo Group 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 affect the company?
A decrease in the price-earnings ratio of Argo Group 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?
Some factors that influence the price-earnings ratio of Argo Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Argo Group pay?
Over the past 12 months, Argo Group paid a dividend of 0.01 USD . This corresponds to a dividend yield of about 22.62 %. For the coming 12 months, Argo Group is expected to pay a dividend of 0 USD.
What is the dividend yield of Argo Group?
The current dividend yield of Argo Group is 22.62 %.
When does Argo Group pay dividends?
Argo Group pays a quarterly dividend. This is distributed in the months of June, June, June, April.
How secure is the dividend of Argo Group?
Argo Group paid dividends every year for the past 0 years.
What is the dividend of Argo Group?
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 Group located?
Argo Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Argo Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Argo Group from 4/26/2013 amounting to 0.013 USD, you needed to have the stock in your portfolio before the ex-date on 3/27/2013.
When did Argo Group pay the last dividend?
The last dividend was paid out on 4/26/2013.
What was the dividend of Argo Group in the year 2023?
In the year 2023, Argo Group distributed 0 USD as dividends.
In which currency does Argo Group pay out the dividend?
The dividends of Argo Group are distributed in USD.
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Andere Kennzahlen von Argo Group
Our stock analysis for Argo Group 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
