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Converge Technology Solutions Stock

Converge Technology Solutions P/S 2024

Converge Technology Solutions P/S

0.37

Ticker

CTS.TO

ISIN

CA21250C1068

WKN

A2PD0W

As of Nov 17, 2024, Converge Technology Solutions's P/S ratio stood at 0.37, a 32.14% change from the 0.28 P/S ratio recorded in the previous year.

The Converge Technology Solutions P/S history

Converge Technology Solutions Aktienanalyse

What does Converge Technology Solutions do?

Converge Technology Solutions Corp is a Canadian company specializing in the sale of IT infrastructure solutions and services. Founded in 2016, the company is headquartered in Toronto and offers a wide range of products and services for businesses globally. Converge Technology Solutions ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Converge Technology Solutions's P/S Ratio

Converge Technology Solutions'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 Converge Technology Solutions'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 Converge Technology Solutions'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 Converge Technology Solutions’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 Converge Technology Solutions stock

What is the price-to-earnings ratio of Converge Technology Solutions?

The price-earnings ratio of Converge Technology Solutions is currently 0.37.

How has the price-earnings ratio of Converge Technology Solutions changed compared to last year?

The price-to-earnings ratio of Converge Technology Solutions has increased by 32.14% increased 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 Converge Technology Solutions high compared to other companies?

Yes, the price-to-earnings ratio of Converge Technology Solutions is high compared to other companies.

How does an increase in the price-earnings ratio of Converge Technology Solutions affect the company?

An increase in the price-earnings ratio of Converge Technology Solutions 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 Converge Technology Solutions affect the company?

A decrease in the price-earnings ratio of Converge Technology Solutions 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 Converge Technology Solutions?

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

How much dividend does Converge Technology Solutions pay?

Over the past 12 months, Converge Technology Solutions paid a dividend of 0.03 CAD . This corresponds to a dividend yield of about 0.85 %. For the coming 12 months, Converge Technology Solutions is expected to pay a dividend of 0.03 CAD.

What is the dividend yield of Converge Technology Solutions?

The current dividend yield of Converge Technology Solutions is 0.85 %.

When does Converge Technology Solutions pay dividends?

Converge Technology Solutions pays a quarterly dividend. This is distributed in the months of January, April, June, September.

How secure is the dividend of Converge Technology Solutions?

Converge Technology Solutions paid dividends every year for the past 0 years.

What is the dividend of Converge Technology Solutions?

For the upcoming 12 months, dividends amounting to 0.03 CAD are expected. This corresponds to a dividend yield of 0.85 %.

In which sector is Converge Technology Solutions located?

Converge Technology Solutions is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Converge Technology Solutions kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Converge Technology Solutions from 9/10/2024 amounting to 0.015 CAD, you needed to have the stock in your portfolio before the ex-date on 8/27/2024.

When did Converge Technology Solutions pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of Converge Technology Solutions in the year 2023?

In the year 2023, Converge Technology Solutions distributed 0 CAD as dividends.

In which currency does Converge Technology Solutions pay out the dividend?

The dividends of Converge Technology Solutions are distributed in CAD.

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Andere Kennzahlen von Converge Technology Solutions

Our stock analysis for Converge Technology Solutions 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 Converge Technology Solutions Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.