What is the price-to-earnings ratio of Castings?
The price-earnings ratio of Castings is currently 0.75.
Castings P/S 2024
Castings P/S
0.75
Ticker
CGS.L
ISIN
GB0001795680
WKN
935246
As of Dec 30, 2024, Castings's P/S ratio stood at 0.75, a -8.54% change from the 0.82 P/S ratio recorded in the previous year.
The Castings P/S history
Castings Aktienanalyse
What does Castings do?
Castings PLC is a British company that manufactures aluminum components for the aerospace, automotive, and engineering industries. The company was founded in 1907 in the UK and has been listed on the London Stock Exchange since 1928. The business model of Castings PLC is to produce high-precision aluminum components for its customers. The company uses different manufacturing processes such as sand casting, die casting, and gravity casting to produce customized products. Castings PLC's products are used in a variety of sectors and meet the highest quality standards. The company is divided into different divisions to best meet the requirements of each industry. Castings PLC's divisions are Aerospace, Automotive, and Industrial. In the Aerospace division, the company produces aluminum components for the aviation industry, such as engine housings, components for aircraft landing gear, and parts for flight control and instrument systems. In the Automotive division, Castings PLC produces aluminum components for the automotive industry. This includes transmission cases, differentials, engine and chassis parts, and brake components. Castings PLC's products are used in many well-known car brands. The Industrial division of Castings PLC manufactures aluminum components for the engineering industry. These products are used, for example, in pumps, compressors, and motors. The components also meet the highest quality requirements in this sector. Castings PLC produces over 2,000 different products and supplies them to customers in Europe, North America, and Asia. In order to meet the high demands of its customers, the company relies on close cooperation with them. Castings PLC develops and produces customized solutions and provides comprehensive technical support to its customers. In recent years, Castings PLC has focused on sustainability by making its production more efficient and introducing environmentally friendly processes. Through investments in modern technologies such as 3D printing, the company can increase manufacturing accuracy and reduce waste. Castings PLC takes pride in offering high-quality products that meet the requirements of its customers. The company is committed to continuous development and offering innovative solutions to meet the needs of its customers. Castings ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Castings's P/S Ratio
Castings'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 Castings'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 Castings'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 Castings’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 Castings stock
How has the price-earnings ratio of Castings changed compared to last year?
The price-to-earnings ratio of Castings has increased by -8.54% 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 Castings high compared to other companies?
Yes, the price-to-earnings ratio of Castings is high compared to other companies.
How does an increase in the price-earnings ratio of Castings affect the company?
An increase in the price-earnings ratio of Castings 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 Castings affect the company?
A decrease in the price-earnings ratio of Castings 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 Castings?
Some factors that influence the price-earnings ratio of Castings are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Castings pay?
Over the past 12 months, Castings paid a dividend of 0.25 GBP . This corresponds to a dividend yield of about 10.08 %. For the coming 12 months, Castings is expected to pay a dividend of 0.25 GBP.
What is the dividend yield of Castings?
The current dividend yield of Castings is 10.08 %.
When does Castings pay dividends?
Castings pays a quarterly dividend. This is distributed in the months of December, July, August, December.
How secure is the dividend of Castings?
Castings paid dividends every year for the past 0 years.
What is the dividend of Castings?
For the upcoming 12 months, dividends amounting to 0.25 GBP are expected. This corresponds to a dividend yield of 9.8 %.
In which sector is Castings located?
Castings is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Castings kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Castings from 1/2/2025 amounting to 0.042 GBP, you needed to have the stock in your portfolio before the ex-date on 11/21/2024.
When did Castings pay the last dividend?
The last dividend was paid out on 1/2/2025.
What was the dividend of Castings in the year 2023?
In the year 2023, Castings distributed 0.326 GBP as dividends.
In which currency does Castings pay out the dividend?
The dividends of Castings are distributed in GBP.
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Andere Kennzahlen von Castings
Our stock analysis for Castings 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 Castings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
