What is the price-to-earnings ratio of Asics?
The price-earnings ratio of Asics is currently 0.63.
Asics P/S 2024
Asics P/S
0.63
Ticker
7936.T
ISIN
JP3118000003
WKN
860398
As of Sep 11, 2024, Asics's P/S ratio stood at 0.63, a 117.24% change from the 0.29 P/S ratio recorded in the previous year.
The Asics P/S history
Asics Aktienanalyse
What does Asics do?
Asics Corporation is a Japanese manufacturer of sports shoes, leisurewear, and accessories. The company was founded in 1949 by Kihachiro Onitsuka and has since had a long history of innovation and growth. Asics - A Brief History Kihachiro Onitsuka founded the company under the name "Onitsuka Co., Ltd." in Kobe, Japan. The first shoes he produced were basketball shoes that were designed to better meet the players' requirements. In the following years, he expanded the offerings to other sports and began close collaborations with athletes and coaches. His background as a former athlete proved beneficial. In 1964, the company "Onitsuka Tiger Co., Ltd" was established in Tokyo, focusing primarily on the export of sports shoes. The brand "Tiger" quickly gained recognition overseas, and a global distribution network was built. In 1966, Onitsuka introduced the "Mexico 66" sneaker, which became one of the most iconic models of Onitsuka Tiger. The shoe was worn by Mexican athletes at the 1968 Olympic Games, giving it an additional boost. In 1981, the company was renamed "Asics Corporation." This name is an acronym for the Latin phrase "Anima Sana In Corpore Sano" (A sound mind in a sound body). This motto still describes Asics' core business to this day. Business Model and Structure Asics' business model is focused on offering high-quality products for sports enthusiasts. The company emphasizes three main areas: - Running - Training - Outdoor Within these areas, Asics offers a variety of products, including shoes, apparel, and accessories such as watches or backpacks. The company places particular emphasis on innovation and technology, especially in its shoe offerings. Today, Asics has offices and production facilities in many countries worldwide. The company's headquarters are in Japan, while its Europe office is located in the Netherlands. Asics employs approximately 8,000 people globally and is listed on the stock exchange in Japan. Products and Innovations Asics is primarily known for its running shoes and has developed numerous technologies over the decades to improve athletes' running performance. Some of the key technologies include: - GEL cushioning system: A special gel in the heel area of the shoe reduces the force exerted on the foot and joints, increasing comfort while running. - FlyteFoam: A type of foam used in the midsole that is lightweight and durable. It offers excellent cushioning and responsiveness and can be used in various running shoe models. - Trusstic system: A special plate embedded in the shoe's sole that increases torsional stiffness. This improves the shoe's stability and reduces the risk of injuries. In addition to running shoes, Asics also offers a wide range of clothing products for various types of training and outdoor activities, as well as various accessories such as backpacks, socks, and gloves. Conclusion With its long history and continued innovation, Asics has proven to be one of the leading companies in the sports apparel and equipment industry. The brand has focused on high-quality products for athletes, which has enabled successful growth and expansion of its global network. Asics remains an important and relevant player in the global sports market for the future. Asics ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Asics's P/S Ratio
Asics'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 Asics'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 Asics'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 Asics’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 Asics stock
How has the price-earnings ratio of Asics changed compared to last year?
The price-to-earnings ratio of Asics has increased by 117.24% 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 Asics high compared to other companies?
Yes, the price-to-earnings ratio of Asics is high compared to other companies.
How does an increase in the price-earnings ratio of Asics affect the company?
An increase in the price-earnings ratio of Asics 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 Asics affect the company?
A decrease in the price-earnings ratio of Asics 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 Asics?
Some factors that influence the price-earnings ratio of Asics are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Asics pay?
Over the past 12 months, Asics paid a dividend of 24 JPY . This corresponds to a dividend yield of about 0.89 %. For the coming 12 months, Asics is expected to pay a dividend of 35.74 JPY.
What is the dividend yield of Asics?
The current dividend yield of Asics is 0.89 %.
When does Asics pay dividends?
Asics pays a quarterly dividend. This is distributed in the months of July, January, July, January.
How secure is the dividend of Asics?
Asics paid dividends every year for the past 24 years.
What is the dividend of Asics?
For the upcoming 12 months, dividends amounting to 35.74 JPY are expected. This corresponds to a dividend yield of 1.33 %.
In which sector is Asics located?
Asics is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Asics kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Asics from 3/1/2025 amounting to 10 JPY, you needed to have the stock in your portfolio before the ex-date on 12/27/2024.
When did Asics pay the last dividend?
The last dividend was paid out on 3/1/2025.
What was the dividend of Asics in the year 2023?
In the year 2023, Asics distributed 40 JPY as dividends.
In which currency does Asics pay out the dividend?
The dividends of Asics are distributed in JPY.
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Andere Kennzahlen von Asics
Our stock analysis for Asics 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 Asics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
