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Gates Industrial Corporation Stock

Gates Industrial Corporation P/S 2024

Gates Industrial Corporation P/S

1.36

Ticker

GTES

ISIN

GB00BD9G2S12

WKN

A2JCGV

As of Sep 10, 2024, Gates Industrial Corporation's P/S ratio stood at 1.36, a 46.24% change from the 0.93 P/S ratio recorded in the previous year.

The Gates Industrial Corporation P/S history

Gates Industrial Corporation Aktienanalyse

What does Gates Industrial Corporation do?

The Gates Industrial Corporation PLC is a multinational company with its headquarters in Denver, Colorado. The company was founded in 1911 by Charles Gates Sr. as the Gates Rubber Company, specializing in the production of tires and hoses for automobiles. Over time, the company expanded its offerings to include belts and hoses for industrial applications. In the 1990s, the company shifted its focus to drive belts and systems, fluid power products, and other industrial products. In 2018, the Gates Corporation was transformed into the Gates Industrial Corporation in order to better represent its diverse divisions. Today, the Gates Industrial Corporation PLC is a leading provider of drive belts, accessories, and systems for the automotive, industry, climate, and energy sectors. Drive belts are the company's core business, used to power and control machinery, equipment, and vehicles. The range of belts includes V-belts, timing belts, and multi-rib belts, available in various sizes and materials. Tensioners and idlers are also offered to ensure optimal performance. In addition, the company offers other products such as hydraulic and pneumatic hoses, fluid control components, seals, couplings, and other industrial products. These are used in various industries, including aerospace, energy, construction, transportation, agriculture, and food. A key aspect of Gates Industrial Corporation's business model is its close collaboration with customers. The company strives to provide tailored solutions to meet their individual requirements, taking into account the overall demand for drive and fluid power products to optimize the machine lifecycle and meet user needs. Sustainability is another important aspect of the company. Gates Industrial Corporation aims to use sustainability as a driver for innovation and growth. The company works towards promoting environmentally friendly production and reducing material and energy consumption. The products are designed to be cost-effective, energy-efficient, and durable, in order to reduce environmental impact. Overall, the Gates Industrial Corporation PLC is an established company with a long history and a wide-ranging offering. While drive belts are the core of its operations, the company's innovation in modern solutions for the energy industry demonstrates its preparedness for the future. Gates Industrial Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Gates Industrial Corporation's P/S Ratio

Gates Industrial Corporation'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 Gates Industrial Corporation'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 Gates Industrial Corporation'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 Gates Industrial Corporation’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 Gates Industrial Corporation stock

What is the price-to-earnings ratio of Gates Industrial Corporation?

The price-earnings ratio of Gates Industrial Corporation is currently 1.36.

How has the price-earnings ratio of Gates Industrial Corporation changed compared to last year?

The price-to-earnings ratio of Gates Industrial Corporation has increased by 46.24% 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 Gates Industrial Corporation high compared to other companies?

Yes, the price-to-earnings ratio of Gates Industrial Corporation is high compared to other companies.

How does an increase in the price-earnings ratio of Gates Industrial Corporation affect the company?

An increase in the price-earnings ratio of Gates Industrial Corporation 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 Gates Industrial Corporation affect the company?

A decrease in the price-earnings ratio of Gates Industrial Corporation 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 Gates Industrial Corporation?

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

How much dividend does Gates Industrial Corporation pay?

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

What is the dividend yield of Gates Industrial Corporation?

The current dividend yield of Gates Industrial Corporation is .

When does Gates Industrial Corporation pay dividends?

Gates Industrial Corporation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Gates Industrial Corporation?

Gates Industrial Corporation paid dividends every year for the past 0 years.

What is the dividend of Gates Industrial Corporation?

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

In which sector is Gates Industrial Corporation located?

Gates Industrial Corporation is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Gates Industrial Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gates Industrial Corporation from 9/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.

When did Gates Industrial Corporation pay the last dividend?

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

What was the dividend of Gates Industrial Corporation in the year 2023?

In the year 2023, Gates Industrial Corporation distributed 0 USD as dividends.

In which currency does Gates Industrial Corporation pay out the dividend?

The dividends of Gates Industrial Corporation are distributed in USD.

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Andere Kennzahlen von Gates Industrial Corporation

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