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Asteel Group Bhd Stock

Asteel Group Bhd P/S 2024

Asteel Group Bhd P/S

0.21

Ticker

ASTEEL.KL

ISIN

MYL7020OO000

As of Sep 29, 2024, Asteel Group Bhd's P/S ratio stood at 0.21, a -4.55% change from the 0.22 P/S ratio recorded in the previous year.

The Asteel Group Bhd P/S history

Asteel Group Bhd Aktienanalyse

What does Asteel Group Bhd do?

Asteel Group Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Asteel Group Bhd's P/S Ratio

Asteel Group Bhd'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 Asteel Group Bhd'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 Asteel Group Bhd'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 Asteel Group Bhd’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 Asteel Group Bhd stock

What is the price-to-earnings ratio of Asteel Group Bhd?

The price-earnings ratio of Asteel Group Bhd is currently 0.21.

How has the price-earnings ratio of Asteel Group Bhd changed compared to last year?

The price-to-earnings ratio of Asteel Group Bhd has increased by -4.55% 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 Asteel Group Bhd high compared to other companies?

Yes, the price-to-earnings ratio of Asteel Group Bhd is high compared to other companies.

How does an increase in the price-earnings ratio of Asteel Group Bhd affect the company?

An increase in the price-earnings ratio of Asteel Group Bhd 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 Asteel Group Bhd affect the company?

A decrease in the price-earnings ratio of Asteel Group Bhd 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 Asteel Group Bhd?

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

How much dividend does Asteel Group Bhd pay?

Over the past 12 months, Asteel Group Bhd paid a dividend of 0.01 MYR . This corresponds to a dividend yield of about 11.11 %. For the coming 12 months, Asteel Group Bhd is expected to pay a dividend of 0 MYR.

What is the dividend yield of Asteel Group Bhd?

The current dividend yield of Asteel Group Bhd is 11.11 %.

When does Asteel Group Bhd pay dividends?

Asteel Group Bhd pays a quarterly dividend. This is distributed in the months of June, June, June, July.

How secure is the dividend of Asteel Group Bhd?

Asteel Group Bhd paid dividends every year for the past 0 years.

What is the dividend of Asteel Group Bhd?

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

In which sector is Asteel Group Bhd located?

Asteel Group Bhd is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Asteel Group Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Asteel Group Bhd from 7/21/2014 amounting to 0.01 MYR, you needed to have the stock in your portfolio before the ex-date on 6/26/2014.

When did Asteel Group Bhd pay the last dividend?

The last dividend was paid out on 7/21/2014.

What was the dividend of Asteel Group Bhd in the year 2023?

In the year 2023, Asteel Group Bhd distributed 0 MYR as dividends.

In which currency does Asteel Group Bhd pay out the dividend?

The dividends of Asteel Group Bhd are distributed in MYR.

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Andere Kennzahlen von Asteel Group Bhd

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