What is the price-to-earnings ratio of Cass Information Systems?
The price-earnings ratio of Cass Information Systems is currently 22.62.
As of Sep 6, 2024, Cass Information Systems's P/E ratio was 22.62, a 26.79% change from the 17.84 P/E ratio recorded in the previous year.
The Price to Earnings (P/E) Ratio of Cass Information Systems 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.
Assessing Cass Information Systems'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.
The P/E ratio of Cass Information Systems 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.
Fluctuations in Cass Information Systems’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.
The price-earnings ratio of Cass Information Systems is currently 22.62.
The price-to-earnings ratio of Cass Information Systems has increased by 26.79% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Cass Information Systems is high compared to other companies.
An increase in the price-earnings ratio of Cass Information Systems would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Cass Information Systems would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Cass Information Systems are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Cass Information Systems paid a dividend of 1.17 USD . This corresponds to a dividend yield of about 2.91 %. For the coming 12 months, Cass Information Systems is expected to pay a dividend of 1.27 USD.
The current dividend yield of Cass Information Systems is 2.91 %.
Cass Information Systems pays a quarterly dividend. This is distributed in the months of January, April, July, October.
Cass Information Systems paid dividends every year for the past 22 years.
For the upcoming 12 months, dividends amounting to 1.27 USD are expected. This corresponds to a dividend yield of 3.15 %.
Cass Information Systems is assigned to the 'Information technology' sector.
To receive the latest dividend of Cass Information Systems from 9/13/2024 amounting to 0.3 USD, you needed to have the stock in your portfolio before the ex-date on 9/3/2024.
The last dividend was paid out on 9/13/2024.
In the year 2023, Cass Information Systems distributed 1.13 USD as dividends.
The dividends of Cass Information Systems are distributed in USD.
Our stock analysis for Cass Information Systems 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 Cass Information Systems Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.