RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Bid Corporation P/E 2024

Bid Corporation P/E

1.77

Bid Corporation Dividend yield

0.02 %

Ticker

BID.JO

ISIN

ZAE000216537

WKN

A2AHEP

As of May 30, 2024, Bid Corporation's P/E ratio was 1.77, a -14.49% change from the 2.07 P/E ratio recorded in the previous year.

The Bid Corporation P/E history

Bid Corporation Aktienanalyse

What does Bid Corporation do?

Bid Corporation Ltd, also known as Bidfood, is a leading company in the food industry. Founded in 1988 as Bidvest, the company is headquartered in Johannesburg, South Africa. Bid Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Bid Corporation's P/E Ratio

The Price to Earnings (P/E) Ratio of Bid Corporation 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 Bid Corporation'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 Bid Corporation 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 Bid Corporation’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 Bid Corporation Stock

What is the price-to-earnings ratio of Bid Corporation?

The price-earnings ratio of Bid Corporation is currently 1.77.

How has the price-earnings ratio of Bid Corporation changed compared to last year?

The price-to-earnings ratio of Bid Corporation has increased by -14.49% 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 Bid Corporation high compared to other companies?

Yes, the price-to-earnings ratio of Bid Corporation is high compared to other companies.

How does an increase in the price-earnings ratio of Bid Corporation affect the company?

An increase in the price-earnings ratio of Bid Corporation 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 Bid Corporation affect the company?

A decrease in the price-earnings ratio of Bid Corporation 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 Bid Corporation?

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

How much dividend does Bid Corporation pay?

Over the past 12 months, Bid Corporation paid a dividend of 9.4 ZAR . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, Bid Corporation is expected to pay a dividend of 10.07 ZAR.

What is the dividend yield of Bid Corporation?

The current dividend yield of Bid Corporation is 0.02 %.

When does Bid Corporation pay dividends?

Bid Corporation pays a quarterly dividend. This is distributed in the months of April, October, April, April.

How secure is the dividend of Bid Corporation?

Bid Corporation paid dividends every year for the past 12 years.

What is the dividend of Bid Corporation?

For the upcoming 12 months, dividends amounting to 10.07 ZAR are expected. This corresponds to a dividend yield of 0.02 %.

In which sector is Bid Corporation located?

Bid Corporation is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Bid Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bid Corporation from 3/25/2024 amounting to 5.25 ZAR, you needed to have the stock in your portfolio before the ex-date on 3/21/2024.

When did Bid Corporation pay the last dividend?

The last dividend was paid out on 3/25/2024.

What was the dividend of Bid Corporation in the year 2023?

In the year 2023, Bid Corporation distributed 7 ZAR as dividends.

In which currency does Bid Corporation pay out the dividend?

The dividends of Bid Corporation are distributed in ZAR.

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Andere Kennzahlen von Bid Corporation

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