Cash Converters International Stock

Cash Converters International P/E 2024

Cash Converters International P/E

6.58

Ticker

CCV.AX

ISIN

AU000000CCV1

WKN

898564

As of Aug 26, 2024, Cash Converters International's P/E ratio was 6.58, a -544.59% change from the -1.48 P/E ratio recorded in the previous year.

The Cash Converters International P/E history

Cash Converters International Aktienanalyse

What does Cash Converters International do?

Cash Converters International Ltd is an Australian company that was founded in Perth in 1984 and now operates in over 21 countries worldwide. The company is mainly engaged in the buying and selling of used goods as well as pawnbroking. The business model of Cash Converters is based on the buying and selling of used goods as well as pawnbroking. Customers can sell used items in the stores or deposit them as collateral to borrow money in the short term. The company also offers an online store where customers can buy used goods. In addition, Cash Converters also offers financial services such as microloans and operates some franchise businesses. The main divisions of the company are the buying and selling of used goods, pawnbroking, and financial services. Within the buying and selling division, customers can sell or buy used electronics, jewelry, watches, tools, sports equipment, musical instruments, and more. In the pawnbroking division, customers can borrow money temporarily by depositing items as collateral. They can then repurchase their items by repaying the collateral. Financial services are mainly offered in the form of microloans. Cash Converters is known for its diverse range of products. With the help of their experts, the stores nationwide evaluate used items that are in excellent condition. The company is known for offering products that are still useful to customers. In the electronics sector, for example, one can find used phones, tablets, laptops, and notebooks that are still in good condition and suitable for everyday use. Cameras and accessories, books, DVDs, home security systems, and much more can also be found at Cash Converters. In recent years, the company has expanded its range of services to offer customers broader financial and credit options. The company now also offers microloans for customers in need of short-term financial assistance. This is often more useful for customers than returning an item to the pawnshop. Cash Converters' revenue has increased in recent years due to the growing popularity and acceptance of used goods and services. The company has established itself as one of the leading companies in the global pawnbroking trade. Despite its growth, the company is involved in many countries due to the profits from international trade. In conclusion, Cash Converters has become a central location for used goods through its buying and selling and pawnbroking business model. With an extensive range of products and expanded services such as microloans, the company has gained a broader customer base and established itself as a leading company in the field of used goods and services. Cash Converters International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cash Converters International's P/E Ratio

The Price to Earnings (P/E) Ratio of Cash Converters International is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Cash Converters International's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Cash Converters International is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Cash Converters International’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Cash Converters International stock

What is the price-to-earnings ratio of Cash Converters International?

The price-earnings ratio of Cash Converters International is currently 6.58.

How has the price-earnings ratio of Cash Converters International changed compared to last year?

The price-to-earnings ratio of Cash Converters International has increased by -544.59% 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 Cash Converters International high compared to other companies?

Yes, the price-to-earnings ratio of Cash Converters International is high compared to other companies.

How does an increase in the price-earnings ratio of Cash Converters International affect the company?

An increase in the price-earnings ratio of Cash Converters International 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 Cash Converters International affect the company?

A decrease in the price-earnings ratio of Cash Converters International 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 Cash Converters International?

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

How much dividend does Cash Converters International pay?

Over the past 12 months, Cash Converters International paid a dividend of 0.03 AUD . This corresponds to a dividend yield of about 13.29 %. For the coming 12 months, Cash Converters International is expected to pay a dividend of 0.03 AUD.

What is the dividend yield of Cash Converters International?

The current dividend yield of Cash Converters International is 13.29 %.

When does Cash Converters International pay dividends?

Cash Converters International pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Cash Converters International?

Cash Converters International paid dividends every year for the past 6 years.

What is the dividend of Cash Converters International?

For the upcoming 12 months, dividends amounting to 0.03 AUD are expected. This corresponds to a dividend yield of 13.1 %.

In which sector is Cash Converters International located?

Cash Converters International is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Cash Converters International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cash Converters International from 4/12/2024 amounting to 0.014 AUD, you needed to have the stock in your portfolio before the ex-date on 3/25/2024.

When did Cash Converters International pay the last dividend?

The last dividend was paid out on 4/12/2024.

What was the dividend of Cash Converters International in the year 2023?

In the year 2023, Cash Converters International distributed 0.029 AUD as dividends.

In which currency does Cash Converters International pay out the dividend?

The dividends of Cash Converters International are distributed in AUD.

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Andere Kennzahlen von Cash Converters International

Our stock analysis for Cash Converters International 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 Cash Converters International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.