What is the price-to-earnings ratio of Car Group?
The price-earnings ratio of Car Group is currently 11.11.
Car Group P/S 2024
Car Group P/S
11.11
Ticker
CAR.AX
ISIN
AU000000CAR3
WKN
A14PN8
As of Jul 4, 2024, Car Group's P/S ratio stood at 11.11, a 3.25% change from the 10.76 P/S ratio recorded in the previous year.
The Car Group P/S history
Car Group Aktienanalyse
What does Car Group do?
Carsales.com Ltd is a leading Australian online marketplace for buying and selling new and used cars, as well as car rentals. The company is headquartered in Melbourne, Australia. Carsales.com was founded in 1997 and started as a pure online offering at www.carsales.com.au, exclusively dedicated to selling used cars. Today, the business model has evolved and the company offers a wide range of services and products. Carsales.com is Australia's leading online platform for buying and selling new and used cars. The website features an impressive number of cars from dealers and private individuals. Since its founding, the company has developed numerous services to improve the car buying and selling experience. A dedicated sales team has been formed to support dealers in offering their customers the best deals. Carsales.com offers a wide range of used and new cars, allowing for easy and effective selling. Both dealers and private individuals can sell a used car or even a new car through Carsales.com. This is why Carsales.com has enjoyed incredible popularity among online car buyers for years. However, Carsales.com is not limited to just selling cars. The company has also developed other business areas to offer a wider range of services to its customers. Carsales.com also offers: - Bicycles - Boats - RVs - Motorcycles - Commercial vehicles One of the latest developments from Carsales.com is the introduction of GoAuto. The goal of GoAuto is to make the car buying experience as easy as possible. GoAuto offers various services, such as digitizing car documents or the option to buy a car online, which will be delivered to the buyer's address within 7 days. GoAuto is an offering from Carsales.com and is part of the strategy that accompanies the growing digitization of the automotive industry. In addition to its main business field, Carsales.com also offers marketing platforms for car manufacturers and dealers. One such platform called LaunchPad enables manufacturers to promote their products more effectively to customers. LaunchPad has made a name for itself among car manufacturers in Australia and New Zealand. It allows dealers to consolidate their activities within the Carsales network to make their marketing more effective. Overall, Carsales.com offers a wide range of services to support customers in their car buying and selling experience. The company has continuously evolved over the years and has become a leading company in the Australian and New Zealand car marketplace. The company is extremely service-oriented and makes a great effort to continuously improve its services and provide customers with the best possible driving experience. By combining innovation, technology, and excellent customer service, Carsales.com is a company that operates successfully in the market and will continue to grow in the future. Car Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Car Group's P/S Ratio
Car Group'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 Car Group'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 Car Group'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 Car Group’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 Car Group Stock
How has the price-earnings ratio of Car Group changed compared to last year?
The price-to-earnings ratio of Car Group has increased by 3.25% 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 Car Group high compared to other companies?
Yes, the price-to-earnings ratio of Car Group is high compared to other companies.
How does an increase in the price-earnings ratio of Car Group affect the company?
An increase in the price-earnings ratio of Car Group 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 Car Group affect the company?
A decrease in the price-earnings ratio of Car Group 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 Car Group?
Some factors that influence the price-earnings ratio of Car Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Car Group pay?
Over the past 12 months, Car Group paid a dividend of 0.8 AUD . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, Car Group is expected to pay a dividend of 0.76 AUD.
What is the dividend yield of Car Group?
The current dividend yield of Car Group is 2.34 %.
When does Car Group pay dividends?
Car Group pays a quarterly dividend. This is distributed in the months of October, April, October, April.
How secure is the dividend of Car Group?
Car Group paid dividends every year for the past 20 years.
What is the dividend of Car Group?
For the upcoming 12 months, dividends amounting to 0.76 AUD are expected. This corresponds to a dividend yield of 2.22 %.
In which sector is Car Group located?
Car Group is assigned to the 'Communication' sector.
Wann musste ich die Aktien von Car Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Car Group from 4/15/2024 amounting to 0.419 AUD, you needed to have the stock in your portfolio before the ex-date on 3/15/2024.
When did Car Group pay the last dividend?
The last dividend was paid out on 4/15/2024.
What was the dividend of Car Group in the year 2023?
In the year 2023, Car Group distributed 0.714 AUD as dividends.
In which currency does Car Group pay out the dividend?
The dividends of Car Group are distributed in AUD.
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 Car Group
Our stock analysis for Car Group 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 Car Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
