Bassett Furniture Industries Stock

Bassett Furniture Industries P/S 2024

Bassett Furniture Industries P/S

0.37

Ticker

BSET

ISIN

US0702031040

WKN

906816

As of Sep 22, 2024, Bassett Furniture Industries's P/S ratio stood at 0.37, a 23.33% change from the 0.3 P/S ratio recorded in the previous year.

The Bassett Furniture Industries P/S history

Bassett Furniture Industries Aktienanalyse

What does Bassett Furniture Industries do?

Bassett Furniture Industries Inc is an American furniture company that was founded in 1902 by John D. Bassett and his brothers. Today, it is one of the largest furniture companies in the USA with an annual revenue of over one billion dollars. The company specializes in the manufacturing of living room and bedroom furniture, as well as accessories. Bassett Furniture offers a wide range of products to meet the needs of every living space, including beds, sofas, tables, cabinets, seating, lighting, accessories, and more. The company is known for its appealing furniture designs and high quality products. Most of the products are made in the USA and there is a strong emphasis on sustainability and environmental friendliness. The clientele spans across various societal and income levels, offering high quality furniture for every budget. Bassett Furniture operates multiple business models to offer its customers a wide range of products and services. In addition to direct sales of furniture and accessories, Bassett also operates retail stores and distributes its products through partner dealers. Recently, the company has been expanding its online furniture sales to increase its presence and make shopping for high quality furniture easier for customers. Bassett Furniture has a long history dating back to the early 20th century. Since 1902, the company has been synonymous with high quality and sustainability. It started as a small factory producing furniture for the local community and over the years, expanded and established itself as one of the leading furniture manufacturers in the USA. The company currently operates multiple production facilities in the USA and focuses on high quality furniture and product designs. Bassett Furniture operates in various divisions to offer its customers a wide range of products. In addition to direct sales and sales through retail stores and partner dealers, the company also operates a design studio to assist customers in designing their living spaces. Personalized and tailored design concepts are emphasized. The company also offers eco-friendly furniture to provide customers with even more sustainable design options. The product range of Bassett Furniture includes a wide selection of living room and bedroom furniture, as well as accessories. This includes sofas, beds, tables, cabinets, seating, lighting, accessories, and more. While Bassett Furniture offers many different products, quality and sustainability are at the forefront. The furniture is timeless and made from high quality materials such as solid wood, leather, and metal. Many of the products are available in various colors and styles to meet the needs of customers. Overall, Bassett Furniture Industries Inc is a company with a long history and tradition. It is known for its high quality furniture and appealing designs and offers its customers a wide range of products and services. Bassett Furniture Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Bassett Furniture Industries's P/S Ratio

Bassett Furniture 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 Bassett Furniture 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 Bassett Furniture 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 Bassett Furniture 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 Bassett Furniture Industries stock

What is the price-to-earnings ratio of Bassett Furniture Industries?

The price-earnings ratio of Bassett Furniture Industries is currently 0.37.

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

The price-to-earnings ratio of Bassett Furniture Industries has increased by 23.33% 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 Bassett Furniture Industries high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Bassett Furniture 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 Bassett Furniture Industries?

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

How much dividend does Bassett Furniture Industries pay?

Over the past 12 months, Bassett Furniture Industries paid a dividend of 0.86 USD . This corresponds to a dividend yield of about 5.73 %. For the coming 12 months, Bassett Furniture Industries is expected to pay a dividend of 1.05 USD.

What is the dividend yield of Bassett Furniture Industries?

The current dividend yield of Bassett Furniture Industries is 5.73 %.

When does Bassett Furniture Industries pay dividends?

Bassett Furniture Industries pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Bassett Furniture Industries?

Bassett Furniture Industries paid dividends every year for the past 16 years.

What is the dividend of Bassett Furniture Industries?

For the upcoming 12 months, dividends amounting to 1.05 USD are expected. This corresponds to a dividend yield of 6.99 %.

In which sector is Bassett Furniture Industries located?

Bassett Furniture Industries is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Bassett Furniture Industries from 8/30/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.

When did Bassett Furniture Industries pay the last dividend?

The last dividend was paid out on 8/30/2024.

What was the dividend of Bassett Furniture Industries in the year 2023?

In the year 2023, Bassett Furniture Industries distributed 2.1 USD as dividends.

In which currency does Bassett Furniture Industries pay out the dividend?

The dividends of Bassett Furniture Industries are distributed in USD.

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Andere Kennzahlen von Bassett Furniture Industries

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