Close Brothers Group - Stock

Close Brothers Group P/S 2024

Close Brothers Group P/S

0.76

Ticker

CBG.L

ISIN

GB0007668071

WKN

874082

As of Jun 26, 2024, Close Brothers Group's P/S ratio stood at 0.76, a -26.21% change from the 1.03 P/S ratio recorded in the previous year.

The Close Brothers Group P/S history

Close Brothers Group Aktienanalyse

What does Close Brothers Group do?

Close Brothers Group PLC is a leading British financial and investment company based in London. The company was founded in 1878 by William Brooks Close as a financial house and has experienced impressive growth over the years. Today, Close Brothers is a diverse group of companies offering various financial services, including banking and credit services, asset management, and investment banking. The business model of Close Brothers is based on providing customized financial solutions to clients in different industries and sectors. The company follows a customer-oriented strategy, based on a deep understanding of the needs and requirements of each individual client. Close Brothers emphasizes its lean business model approach and flexibility, allowing it to quickly respond to customer needs and develop tailored solutions. Over the years, Close Brothers has built a variety of business activities and subsidiaries covering different industries and customer needs. The group operates in four main areas: Commercial Finance, Retail Finance, Property Finance, and Asset Management. Within each area, Close Brothers offers a range of specialized products and services. In the Commercial Finance area, Close Brothers provides tailored financing solutions to small and medium-sized businesses. Products include asset finance, invoice finance, leasing, and lending. These services help companies finance their growth by providing capital investments. Close Brothers' Retail Finance area offers financing solutions to retail customers. Products also include leasing, asset finance, and lending. Close Brothers works closely with retailers to help them provide the best possible buying experiences to their customers. In the Property Finance area, Close Brothers offers specialized financing solutions for the real estate sector. The company provides a wide range of services, including real estate financing, development loans, and investment financing. These services help customers finance their real estate projects and expand their portfolios. Finally, Close Brothers' Asset Management area is responsible for managing client assets. The company offers a range of financial products to clients, including investment funds, institutional bonds, and alternative asset classes. Close Brothers works closely with its clients to help them diversify their portfolios and protect their wealth. In summary, Close Brothers is an established financial and investment company with a long history and extensive expertise. The company emphasizes its customer orientation and flexibility, enabling it to offer clients customized solutions. With a wide range of business areas and products, Close Brothers provides clients with access to a comprehensive range of financial services aimed at maximizing their growth and performance. Close Brothers Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Close Brothers Group's P/S Ratio

Close Brothers 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 Close Brothers 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 Close Brothers 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 Close Brothers 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 Close Brothers Group Stock

What is the price-to-earnings ratio of Close Brothers Group?

The price-earnings ratio of Close Brothers Group is currently 0.76.

How has the price-earnings ratio of Close Brothers Group changed compared to last year?

The price-to-earnings ratio of Close Brothers Group has increased by -26.21% 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 Close Brothers Group high compared to other companies?

Yes, the price-to-earnings ratio of Close Brothers Group is high compared to other companies.

How does an increase in the price-earnings ratio of Close Brothers Group affect the company?

An increase in the price-earnings ratio of Close Brothers 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 Close Brothers Group affect the company?

A decrease in the price-earnings ratio of Close Brothers 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 Close Brothers Group?

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

How much dividend does Close Brothers Group pay?

Over the past 12 months, Close Brothers Group paid a dividend of 0.68 GBP . This corresponds to a dividend yield of about 15.4 %. For the coming 12 months, Close Brothers Group is expected to pay a dividend of 0.7 GBP.

What is the dividend yield of Close Brothers Group?

The current dividend yield of Close Brothers Group is 15.4 %.

When does Close Brothers Group pay dividends?

Close Brothers Group pays a quarterly dividend. This is distributed in the months of April, November, April, November.

How secure is the dividend of Close Brothers Group?

Close Brothers Group paid dividends every year for the past 26 years.

What is the dividend of Close Brothers Group?

For the upcoming 12 months, dividends amounting to 0.7 GBP are expected. This corresponds to a dividend yield of 16.08 %.

In which sector is Close Brothers Group located?

Close Brothers Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Close Brothers Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Close Brothers Group from 11/24/2023 amounting to 0.45 GBP, you needed to have the stock in your portfolio before the ex-date on 10/19/2023.

When did Close Brothers Group pay the last dividend?

The last dividend was paid out on 11/24/2023.

What was the dividend of Close Brothers Group in the year 2023?

In the year 2023, Close Brothers Group distributed 0.66 GBP as dividends.

In which currency does Close Brothers Group pay out the dividend?

The dividends of Close Brothers Group are distributed in GBP.

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 Close Brothers Group

Our stock analysis for Close Brothers 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 Close Brothers Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.