What is the price-to-earnings ratio of Cannasouth?
The price-earnings ratio of Cannasouth is currently 71.96.
Cannasouth P/S 2024
Cannasouth P/S
71.96
Ticker
CBD.NZ
ISIN
NZCBDE0009S6
As of Aug 30, 2024, Cannasouth's P/S ratio stood at 71.96, a -79.93% change from the 358.48 P/S ratio recorded in the previous year.
The Cannasouth P/S history
Cannasouth Aktienanalyse
What does Cannasouth do?
Cannasouth ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Cannasouth's P/S Ratio
Cannasouth'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 Cannasouth'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 Cannasouth'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 Cannasouth’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 Cannasouth stock
How has the price-earnings ratio of Cannasouth changed compared to last year?
The price-to-earnings ratio of Cannasouth has increased by -79.93% 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 Cannasouth high compared to other companies?
Yes, the price-to-earnings ratio of Cannasouth is high compared to other companies.
How does an increase in the price-earnings ratio of Cannasouth affect the company?
An increase in the price-earnings ratio of Cannasouth 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 Cannasouth affect the company?
A decrease in the price-earnings ratio of Cannasouth 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 Cannasouth?
Some factors that influence the price-earnings ratio of Cannasouth are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Cannasouth pay?
Over the past 12 months, Cannasouth paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cannasouth is expected to pay a dividend of 0 NZD.
What is the dividend yield of Cannasouth?
The current dividend yield of Cannasouth is .
When does Cannasouth pay dividends?
Cannasouth pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Cannasouth?
Cannasouth paid dividends every year for the past 0 years.
What is the dividend of Cannasouth?
For the upcoming 12 months, dividends amounting to 0 NZD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Cannasouth located?
Cannasouth is assigned to the 'Health' sector.
Wann musste ich die Aktien von Cannasouth kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cannasouth from 8/30/2024 amounting to 0 NZD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.
When did Cannasouth pay the last dividend?
The last dividend was paid out on 8/30/2024.
What was the dividend of Cannasouth in the year 2023?
In the year 2023, Cannasouth distributed 0 NZD as dividends.
In which currency does Cannasouth pay out the dividend?
The dividends of Cannasouth are distributed in NZD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Cannasouth
Our stock analysis for Cannasouth 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 Cannasouth Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.