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Edesa Biotech P/S 2024

Edesa Biotech P/S

0

Edesa Biotech Dividend yield

Ticker

EDSA

ISIN

CA27966L1085

WKN

A2PL1Q

As of Apr 30, 2024, Edesa Biotech's P/S ratio stood at 0, a 0% change from the 0 P/S ratio recorded in the previous year.

The Edesa Biotech P/S history

Edesa Biotech Aktienanalyse

What does Edesa Biotech do?

Edesa Biotech Inc is a Canadian-based company that focuses on the development of novel therapeutic drugs. The company was founded in 2015 and has since achieved numerous significant advancements and successes. Edesa Biotech ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Edesa Biotech's P/S Ratio

Edesa Biotech'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 Edesa Biotech'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 Edesa Biotech'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 Edesa Biotech’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 Edesa Biotech Stock

What is the price-to-earnings ratio of Edesa Biotech?

The price-earnings ratio of Edesa Biotech is currently 0.

How has the price-earnings ratio of Edesa Biotech changed compared to last year?

The price-to-earnings ratio of Edesa Biotech has increased by 0% 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 Edesa Biotech high compared to other companies?

Yes, the price-to-earnings ratio of Edesa Biotech is high compared to other companies.

How does an increase in the price-earnings ratio of Edesa Biotech affect the company?

An increase in the price-earnings ratio of Edesa Biotech 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 Edesa Biotech affect the company?

A decrease in the price-earnings ratio of Edesa Biotech 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 Edesa Biotech?

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

How much dividend does Edesa Biotech pay?

Over the past 12 months, Edesa Biotech paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Edesa Biotech is expected to pay a dividend of 0 USD.

What is the dividend yield of Edesa Biotech?

The current dividend yield of Edesa Biotech is .

When does Edesa Biotech pay dividends?

Edesa Biotech pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Edesa Biotech?

Edesa Biotech paid dividends every year for the past 0 years.

What is the dividend of Edesa Biotech?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Edesa Biotech located?

Edesa Biotech is assigned to the 'Health' sector.

Wann musste ich die Aktien von Edesa Biotech kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Edesa Biotech from 4/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/30/2024.

When did Edesa Biotech pay the last dividend?

The last dividend was paid out on 4/30/2024.

What was the dividend of Edesa Biotech in the year 2023?

In the year 2023, Edesa Biotech distributed 0 USD as dividends.

In which currency does Edesa Biotech pay out the dividend?

The dividends of Edesa Biotech are distributed in USD.

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Andere Kennzahlen von Edesa Biotech

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