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Ascent Industries Stock

Ascent Industries P/S 2024

Ascent Industries P/S

0.52

Ticker

ACNT

ISIN

US8715651076

WKN

859904

As of Dec 19, 2024, Ascent Industries's P/S ratio stood at 0.52, a 4% change from the 0.5 P/S ratio recorded in the previous year.

The Ascent Industries P/S history

Ascent Industries Aktienanalyse

What does Ascent Industries do?

Synalloy Corp is a diversified company founded in the USA over 70 years ago. It specializes in the manufacturing and distribution of special alloys, stainless steel pipes and pipelines, chemicals, and industrial products. Synalloy's history dates back to 1945 when it was established to produce stainless steel pipes for shipbuilding during World War II. Over the following decades, the company grew through continuous expansion and acquisitions, becoming a leading provider of stainless and corrosion-resistant alloys. Synalloy's business model focuses on offering a wide range of tailored products and services to meet customer needs. The company encompasses multiple specialized business divisions. One of Synalloy's business divisions is Metals, which specializes in manufacturing and distributing stainless steel, aluminum, copper, brass, and other specialty alloys. Metals' products are used in various industries such as chemicals, oil and gas, and automotive. Another important business division of Synalloy is Specialty Chemicals, which specializes in manufacturing and distributing industrial chemicals. These products find applications in sectors like water treatment, paper production, food industry, and agriculture. In addition to these two divisions, Synalloy also operates the Fabrication division, specializing in the manufacturing of pipes, pipelines, tanks, and other industrial components. These products are utilized across industries such as chemicals, food, and pharmaceuticals. Building close relationships with customers by offering customized solutions and continuously enhancing products and services is a crucial part of Synalloy's business model. Another key success factor is the company's ability to quickly adapt to changing market needs. Synalloy's products are known for their high quality and reliability. For example, stainless steel and aluminum alloys are produced to the highest standards to meet specific customer requirements. Moreover, all of Synalloy's products undergo rigorous quality controls to ensure they meet the highest standards. Overall, Synalloy is a leading provider of specialized alloys, pipes, chemicals, and industrial products in the USA. The company has earned recognition through its extensive experience, diverse product portfolio, and close collaboration with customers from various industries. With a strong focus on innovation, quality, and customer satisfaction, Synalloy will continue to play a significant role in the industry. Ascent Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Ascent Industries's P/S Ratio

Ascent Industries'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 Ascent Industries'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 Ascent Industries'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 Ascent Industries’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 Ascent Industries stock

What is the price-to-earnings ratio of Ascent Industries?

The price-earnings ratio of Ascent Industries is currently 0.52.

How has the price-earnings ratio of Ascent Industries changed compared to last year?

The price-to-earnings ratio of Ascent Industries has increased by 4% 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 Ascent Industries high compared to other companies?

Yes, the price-to-earnings ratio of Ascent Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Ascent Industries affect the company?

An increase in the price-earnings ratio of Ascent Industries 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 Ascent Industries affect the company?

A decrease in the price-earnings ratio of Ascent Industries 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 Ascent Industries?

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

How much dividend does Ascent Industries pay?

Over the past 12 months, Ascent Industries paid a dividend of 0.25 USD . This corresponds to a dividend yield of about 2.24 %. For the coming 12 months, Ascent Industries is expected to pay a dividend of 0.4 USD.

What is the dividend yield of Ascent Industries?

The current dividend yield of Ascent Industries is 2.24 %.

When does Ascent Industries pay dividends?

Ascent Industries pays a quarterly dividend. This is distributed in the months of December, December, November, December.

How secure is the dividend of Ascent Industries?

Ascent Industries paid dividends every year for the past 1 years.

What is the dividend of Ascent Industries?

For the upcoming 12 months, dividends amounting to 0.4 USD are expected. This corresponds to a dividend yield of 3.57 %.

In which sector is Ascent Industries located?

Ascent Industries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Ascent Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ascent Industries from 12/12/2018 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 11/29/2018.

When did Ascent Industries pay the last dividend?

The last dividend was paid out on 12/12/2018.

What was the dividend of Ascent Industries in the year 2023?

In the year 2023, Ascent Industries distributed 0 USD as dividends.

In which currency does Ascent Industries pay out the dividend?

The dividends of Ascent Industries are distributed in USD.

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Andere Kennzahlen von Ascent Industries

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