Cash Converters International Stock

Cash Converters International P/S 2024

Cash Converters International P/S

0.33

Ticker

CCV.AX

ISIN

AU000000CCV1

WKN

898564

As of Aug 26, 2024, Cash Converters International's P/S ratio stood at 0.33, a -31.25% change from the 0.48 P/S ratio recorded in the previous year.

The Cash Converters International P/S 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/S Details

Decoding Cash Converters International's P/S Ratio

Cash Converters International'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 Cash Converters International'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 Cash Converters International'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 Cash Converters International’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 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 0.33.

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 -31.25% 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.

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 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.