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Betmakers Technology Group Stock

Betmakers Technology Group P/E 2024

Betmakers Technology Group P/E

-2.48

Ticker

BET.AX

ISIN

AU0000050585

As of Sep 27, 2024, Betmakers Technology Group's P/E ratio was -2.48, a -28.94% change from the -3.49 P/E ratio recorded in the previous year.

The Betmakers Technology Group P/E history

Betmakers Technology Group Aktienanalyse

What does Betmakers Technology Group do?

The Betmakers Technology Group Ltd is an Australian company specializing in solutions for the horse racing betting market. The company was founded in 2015 and has been listed on the Australian stock exchange since early 2017. Business model: The business model of Betmakers Technology Group Ltd is based on providing technological solutions, data analysis, and management services for the horse racing betting market. The company serves both bookmakers and race organizers and betting providers. Betmakers Technology Group Ltd aims to offer an integrated platform for the horse racing betting sector, allowing its customers to operate more efficiently and successfully. Segments: The company is divided into three main segments. The first segment includes the Bet-Makers technology business with its central platform available to bookmakers and betting providers. The platform is capable of processing a large amount of data to present bets that can be placed by viewers. The platform also offers bookmakers the opportunity to operate their own independent betting platforms. The second segment is the Betstream business, focusing on live streaming of horse races. Viewing horse races is very popular due to the excitement and thrill that viewers can participate in. Betstream allows viewers to place their bets in real time and place bets on winners, places, and other types of races. The third segment is Betmakers Technology Group Ltd's Dynamic-Odds business. This segment focuses on optimized odds for betting on horse races. Using modern technologies, the business tailors different odds to viewers, offering betting providers and bookmakers a wide range of bet combinations. Offered products: Betmakers Technology Group Ltd offers a range of products that enable its customers to bet more effectively on horse races and achieve high profits. One of the flagship products is the self-developed Bet-Makers platform, which has a user-friendly interface, high computational power, and very high uptime. On the platform, bookmakers and betting providers can offer their own betting options and bets on horse races, benefiting from Betmakers Technology Group Ltd's infrastructure and services. Betmakers' SpeedMap product is another unique offering from the company. This product visualizes race conditions and results, providing key information to dedicated sports betting fans to place better bets. Another groundbreaking innovation from Betmakers is the Dynamic-Odds engine. This engine predicts betting options before a race and determines the odds to achieve optimal pricing. This technology allows betting providers to offer inclusive bets or feature-rich offers. Conclusion: Overall, Betmakers Technology Group Ltd is a leading provider of services and technology solutions for the horse racing betting market. The company operates in an exciting market segment that will continue to grow in the coming years due to technological advancements. It will be interesting to see how the company will develop in the future, whether it will expand its business or introduce further innovations in this market. Betmakers Technology Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Betmakers Technology Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Betmakers Technology Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Betmakers Technology Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Betmakers Technology Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Betmakers Technology Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Betmakers Technology Group stock

What is the price-to-earnings ratio of Betmakers Technology Group?

The price-earnings ratio of Betmakers Technology Group is currently -2.48.

How has the price-earnings ratio of Betmakers Technology Group changed compared to last year?

The price-to-earnings ratio of Betmakers Technology Group has increased by -28.94% 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 Betmakers Technology Group high compared to other companies?

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

How does an increase in the price-earnings ratio of Betmakers Technology Group affect the company?

An increase in the price-earnings ratio of Betmakers Technology 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 Betmakers Technology Group affect the company?

A decrease in the price-earnings ratio of Betmakers Technology 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 Betmakers Technology Group?

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

How much dividend does Betmakers Technology Group pay?

Over the past 12 months, Betmakers Technology Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Betmakers Technology Group is expected to pay a dividend of 0 AUD.

What is the dividend yield of Betmakers Technology Group?

The current dividend yield of Betmakers Technology Group is .

When does Betmakers Technology Group pay dividends?

Betmakers Technology Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Betmakers Technology Group?

Betmakers Technology Group paid dividends every year for the past 0 years.

What is the dividend of Betmakers Technology Group?

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

In which sector is Betmakers Technology Group located?

Betmakers Technology Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Betmakers Technology Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Betmakers Technology Group from 9/27/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Betmakers Technology Group pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Betmakers Technology Group in the year 2023?

In the year 2023, Betmakers Technology Group distributed 0 AUD as dividends.

In which currency does Betmakers Technology Group pay out the dividend?

The dividends of Betmakers Technology Group are distributed in AUD.

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Andere Kennzahlen von Betmakers Technology Group

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