What is the price-to-earnings ratio of Covestro?
The price-earnings ratio of Covestro is currently 0.6.
Covestro P/S 2024
Covestro P/S
0.6
Covestro Dividend yield
7.1 %
Ticker
1COV.DE
ISIN
DE0006062144
WKN
606214
As of May 18, 2024, Covestro's P/S ratio stood at 0.6, a 25% change from the 0.48 P/S ratio recorded in the previous year.
The Covestro P/S history
Covestro Aktienanalyse
What does Covestro do?
Covestro AG is a leading company in the development and manufacturing of high-tech polymer materials. It was originally founded as Bayer MaterialScience in 2003 and spun off as Covestro AG independent from its parent company Bayer in 2015. Its focus is on sustainable solutions for the needs of customers in various industries. History: Covestro AG has a long history. It was founded in 1937 as part of the Bayer Group. Since the 1950s, the company has been focused on plastics production. Over the following decades, it continuously expanded its product portfolio and became a leading manufacturer of polymer materials for various industries. Business model: As a leading company in polymer solutions, Covestro offers a wide range of products for different industrial sectors. Customers can find suitable solutions for their diverse requirements. The showcase includes polycarbonates (PC), polyurethanes (PU), and raw materials for PU systems, polyesters, and coatings. The company is committed to research and development of new technologies for sustainability and environmental protection and invests in new products, process innovations, and business models. It works closely with customers, suppliers, and partners. Segments: Covestro has three main segments: polycarbonates, polyurethanes, and coatings, adhesives & specialties. These segments form the foundation for the various plastic products that the company manufactures and distributes. Covestro's polycarbonate segment is dedicated to the production of polycarbonate sheets, films, and molded parts. Polycarbonate is a lightweight, flexible, and impact-resistant plastic used in many different industries, including electronics, construction, automotive, and medical. The polyurethane segment manufactures polyurethane raw materials for flexible, rigid, and high-insulating PU foams, including the construction industry. PU materials are used in a variety of applications, including car seats, mattresses, and insulation. Covestro's coatings, adhesives & specialties segment encompasses a variety of materials used in the automotive, electronics, furniture, and construction industries. This includes coatings and adhesives, as well as polycarbonate films for electronic devices. Products: Covestro AG offers a wide range of products, including: - Polycarbonate sheets, films, and molded parts for the automotive, electronics, construction, sports, medical, and packaging industries. - Polyurethane raw materials for flexible, rigid, and high-insulating PU foams such as mattresses, insulation, and car seats. - Raw materials for PU systems, such as PU foams, paints, and adhesives. - Specialty coatings and adhesives for the automotive, electronics, furniture, and construction industries. - Raw materials for polyester resins, cleaning and degreasing agents, textile, and paper coatings. Conclusion: Covestro AG is a global company focused on the development and manufacturing of polymer solutions for various industries. The company has a long history in the chemical industry and offers a wide range of products. It maintains close contact with its customers to meet their requirements and needs. Covestro AG also conducts innovative research and development activities to create new technologies and products to achieve sustainability goals. Covestro ist eines der beliebtesten Unternehmen auf Eulerpool.com.Covestro revenue by segment
In the annual report of the Covestro share (DE0006062144, 606214, 1COV.DE), it breaks down its revenues into 4 segments: 1. Polyurethanes, 2. Polycarbonates, 3. Coating, Adhesives, Specialties, 4. All Other. The Covestro stock (WKN: 606214, ISIN: DE0006062144, Ticker Symbol: 1COV.DE) is a leading investment for investors interested in participating in the Materials sector.
P/S Details
Decoding Covestro's P/S Ratio
Covestro'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 Covestro'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 Covestro'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 Covestro’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 Covestro Stock
How has the price-earnings ratio of Covestro changed compared to last year?
The price-to-earnings ratio of Covestro has increased by 25% 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 Covestro high compared to other companies?
Yes, the price-to-earnings ratio of Covestro is high compared to other companies.
How does an increase in the price-earnings ratio of Covestro affect the company?
An increase in the price-earnings ratio of Covestro 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 Covestro affect the company?
A decrease in the price-earnings ratio of Covestro 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 Covestro?
Some factors that influence the price-earnings ratio of Covestro are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Covestro pay?
Over the past 12 months, Covestro paid a dividend of 3.4 EUR . This corresponds to a dividend yield of about 7.1 %. For the coming 12 months, Covestro is expected to pay a dividend of 0 EUR.
What is the dividend yield of Covestro?
The current dividend yield of Covestro is 7.1 %.
When does Covestro pay dividends?
Covestro pays a quarterly dividend. This is distributed in the months of August, May, May, May.
How secure is the dividend of Covestro?
Covestro paid dividends every year for the past 6 years.
What is the dividend of Covestro?
For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.
In which sector is Covestro located?
Covestro is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Covestro kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Covestro from 4/26/2022 amounting to 3.4 EUR, you needed to have the stock in your portfolio before the ex-date on 4/22/2022.
When did Covestro pay the last dividend?
The last dividend was paid out on 4/26/2022.
What was the dividend of Covestro in the year 2023?
In the year 2023, Covestro distributed 3.4 EUR as dividends.
In which currency does Covestro pay out the dividend?
The dividends of Covestro are distributed in EUR.
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Andere Kennzahlen von Covestro
Our stock analysis for Covestro 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 Covestro Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
