What is the price-to-earnings ratio of Dubai National Insurance & Reinsurance Co PSC?
The price-earnings ratio of Dubai National Insurance & Reinsurance Co PSC is currently 1.61.
Dubai National Insurance & Reinsurance Co PSC'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.
Comparing Dubai National Insurance & Reinsurance Co PSC'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.
The P/S ratio is instrumental for investors evaluating Dubai National Insurance & Reinsurance Co PSC'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.
Variations in Dubai National Insurance & Reinsurance Co PSC’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.
The price-earnings ratio of Dubai National Insurance & Reinsurance Co PSC is currently 1.61.
The price-to-earnings ratio of Dubai National Insurance & Reinsurance Co PSC has increased by -44.67% fallen (meaning "decreased" or "dropped") 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 Dubai National Insurance & Reinsurance Co PSC is high compared to other companies.
An increase in the price-earnings ratio of Dubai National Insurance & Reinsurance Co PSC 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 Dubai National Insurance & Reinsurance Co PSC 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 Dubai National Insurance & Reinsurance Co PSC are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Dubai National Insurance & Reinsurance Co PSC paid a dividend of 0.1 AED . This corresponds to a dividend yield of about 2.27 %. For the coming 12 months, Dubai National Insurance & Reinsurance Co PSC is expected to pay a dividend of 0.1 AED.
The current dividend yield of Dubai National Insurance & Reinsurance Co PSC is 2.27 %.
Dubai National Insurance & Reinsurance Co PSC pays a quarterly dividend. This is distributed in the months of April, May, May, June.
Dubai National Insurance & Reinsurance Co PSC paid dividends every year for the past 18 years.
For the upcoming 12 months, dividends amounting to 0.1 AED are expected. This corresponds to a dividend yield of 2.27 %.
Dubai National Insurance & Reinsurance Co PSC is assigned to the 'Finance' sector.
To receive the latest dividend of Dubai National Insurance & Reinsurance Co PSC from 6/1/2024 amounting to 0.1 AED, you needed to have the stock in your portfolio before the ex-date on 5/3/2024.
The last dividend was paid out on 6/1/2024.
In the year 2024, Dubai National Insurance & Reinsurance Co PSC distributed 0.3 AED as dividends.
The dividends of Dubai National Insurance & Reinsurance Co PSC are distributed in AED.
Our stock analysis for Dubai National Insurance & Reinsurance Co PSC 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 Dubai National Insurance & Reinsurance Co PSC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.