What is the price-to-earnings ratio of Electrovaya?
The price-earnings ratio of Electrovaya is currently 1.35.
Electrovaya P/S 2024
Electrovaya P/S
1.35
Electrovaya Dividend yield
Ticker
EFL.TO
ISIN
CA28617B1013
WKN
631863
As of May 30, 2024, Electrovaya's P/S ratio stood at 1.35, a -44.44% change from the 2.43 P/S ratio recorded in the previous year.
The Electrovaya P/S history
Electrovaya Aktienanalyse
What does Electrovaya do?
Electrovaya Inc is a Canadian company specializing in the development and manufacturing of lithium-ion batteries and energy storage systems. The company was founded in 1996 and is based in Mississauga, Ontario. Electrovaya ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Electrovaya's P/S Ratio
Electrovaya'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 Electrovaya'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 Electrovaya'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 Electrovaya’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 Electrovaya Stock
How has the price-earnings ratio of Electrovaya changed compared to last year?
The price-to-earnings ratio of Electrovaya has increased by -44.44% 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 Electrovaya high compared to other companies?
Yes, the price-to-earnings ratio of Electrovaya is high compared to other companies.
How does an increase in the price-earnings ratio of Electrovaya affect the company?
An increase in the price-earnings ratio of Electrovaya 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 Electrovaya affect the company?
A decrease in the price-earnings ratio of Electrovaya 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 Electrovaya?
Some factors that influence the price-earnings ratio of Electrovaya are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Electrovaya pay?
Over the past 12 months, Electrovaya paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Electrovaya is expected to pay a dividend of 0 USD.
What is the dividend yield of Electrovaya?
The current dividend yield of Electrovaya is .
When does Electrovaya pay dividends?
Electrovaya pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Electrovaya?
Electrovaya paid dividends every year for the past 0 years.
What is the dividend of Electrovaya?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Electrovaya located?
Electrovaya is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Electrovaya kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Electrovaya from 5/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/30/2024.
When did Electrovaya pay the last dividend?
The last dividend was paid out on 5/30/2024.
What was the dividend of Electrovaya in the year 2023?
In the year 2023, Electrovaya distributed 0 USD as dividends.
In which currency does Electrovaya pay out the dividend?
The dividends of Electrovaya are distributed in USD.
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Andere Kennzahlen von Electrovaya
Our stock analysis for Electrovaya 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 Electrovaya Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
