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Canare Electric Co Stock

Canare Electric Co P/S 2024

Canare Electric Co P/S

0.69

Ticker

5819.T

ISIN

JP3215300009

As of Aug 17, 2024, Canare Electric Co's P/S ratio stood at 0.69, a -33.01% change from the 1.03 P/S ratio recorded in the previous year.

The Canare Electric Co P/S history

Canare Electric Co Aktienanalyse

What does Canare Electric Co do?

Canare Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Canare Electric Co's P/S Ratio

Canare Electric Co'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 Canare Electric Co'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 Canare Electric Co'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 Canare Electric Co’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 Canare Electric Co stock

What is the price-to-earnings ratio of Canare Electric Co?

The price-earnings ratio of Canare Electric Co is currently 0.69.

How has the price-earnings ratio of Canare Electric Co changed compared to last year?

The price-to-earnings ratio of Canare Electric Co has increased by -33.01% 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 Canare Electric Co high compared to other companies?

Yes, the price-to-earnings ratio of Canare Electric Co is high compared to other companies.

How does an increase in the price-earnings ratio of Canare Electric Co affect the company?

An increase in the price-earnings ratio of Canare Electric Co 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 Canare Electric Co affect the company?

A decrease in the price-earnings ratio of Canare Electric Co 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 Canare Electric Co?

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

How much dividend does Canare Electric Co pay?

Over the past 12 months, Canare Electric Co paid a dividend of 62 JPY . This corresponds to a dividend yield of about 4.23 %. For the coming 12 months, Canare Electric Co is expected to pay a dividend of 62 JPY.

What is the dividend yield of Canare Electric Co?

The current dividend yield of Canare Electric Co is 4.23 %.

When does Canare Electric Co pay dividends?

Canare Electric Co pays a quarterly dividend. This is distributed in the months of July, January, July, January.

How secure is the dividend of Canare Electric Co?

Canare Electric Co paid dividends every year for the past 18 years.

What is the dividend of Canare Electric Co?

For the upcoming 12 months, dividends amounting to 62 JPY are expected. This corresponds to a dividend yield of 4.23 %.

In which sector is Canare Electric Co located?

Canare Electric Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Canare Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canare Electric Co from 3/1/2025 amounting to 28 JPY, you needed to have the stock in your portfolio before the ex-date on 12/27/2024.

When did Canare Electric Co pay the last dividend?

The last dividend was paid out on 3/1/2025.

What was the dividend of Canare Electric Co in the year 2023?

In the year 2023, Canare Electric Co distributed 35 JPY as dividends.

In which currency does Canare Electric Co pay out the dividend?

The dividends of Canare Electric Co are distributed in JPY.

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Andere Kennzahlen von Canare Electric Co

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