Bihar Sponge Iron Stock

Bihar Sponge Iron P/S 2024

Bihar Sponge Iron P/S

0.5

Ticker

500058.BO

ISIN

INE819C01011

As of Sep 29, 2024, Bihar Sponge Iron's P/S ratio stood at 0.5, a 177.78% change from the 0.18 P/S ratio recorded in the previous year.

The Bihar Sponge Iron P/S history

Bihar Sponge Iron Aktienanalyse

What does Bihar Sponge Iron do?

Bihar Sponge Iron ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Bihar Sponge Iron's P/S Ratio

Bihar Sponge Iron'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 Bihar Sponge Iron'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 Bihar Sponge Iron'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 Bihar Sponge Iron’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 Bihar Sponge Iron stock

What is the price-to-earnings ratio of Bihar Sponge Iron?

The price-earnings ratio of Bihar Sponge Iron is currently 0.5.

How has the price-earnings ratio of Bihar Sponge Iron changed compared to last year?

The price-to-earnings ratio of Bihar Sponge Iron has increased by 177.78% 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 Bihar Sponge Iron high compared to other companies?

Yes, the price-to-earnings ratio of Bihar Sponge Iron is high compared to other companies.

How does an increase in the price-earnings ratio of Bihar Sponge Iron affect the company?

An increase in the price-earnings ratio of Bihar Sponge Iron 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 Bihar Sponge Iron affect the company?

A decrease in the price-earnings ratio of Bihar Sponge Iron 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 Bihar Sponge Iron?

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

How much dividend does Bihar Sponge Iron pay?

Over the past 12 months, Bihar Sponge Iron paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Bihar Sponge Iron is expected to pay a dividend of 0 INR.

What is the dividend yield of Bihar Sponge Iron?

The current dividend yield of Bihar Sponge Iron is .

When does Bihar Sponge Iron pay dividends?

Bihar Sponge Iron pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Bihar Sponge Iron?

Bihar Sponge Iron paid dividends every year for the past 0 years.

What is the dividend of Bihar Sponge Iron?

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

In which sector is Bihar Sponge Iron located?

Bihar Sponge Iron is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Bihar Sponge Iron kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bihar Sponge Iron from 9/29/2024 amounting to 0 INR, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.

When did Bihar Sponge Iron pay the last dividend?

The last dividend was paid out on 9/29/2024.

What was the dividend of Bihar Sponge Iron in the year 2023?

In the year 2023, Bihar Sponge Iron distributed 0 INR as dividends.

In which currency does Bihar Sponge Iron pay out the dividend?

The dividends of Bihar Sponge Iron are distributed in INR.

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Andere Kennzahlen von Bihar Sponge Iron

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