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Bid Corporation P/S 2024

Bid Corporation P/S

60.97

Bid Corporation Dividend yield

0.02 %

Ticker

BID.JO

ISIN

ZAE000216537

WKN

A2AHEP

As of May 30, 2024, Bid Corporation's P/S ratio stood at 60.97, a -16% change from the 72.58 P/S ratio recorded in the previous year.

The Bid Corporation P/S 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/S Details

Decoding Bid Corporation's P/S Ratio

Bid Corporation'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 Bid Corporation'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 Bid Corporation'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 Bid Corporation’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 Bid Corporation Stock

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

The price-earnings ratio of Bid Corporation is currently 60.97.

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 -16% 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.