What is the price-to-earnings ratio of Green Dot?
The price-earnings ratio of Green Dot is currently 0.3.
Green Dot P/S 2024
Green Dot P/S
0.3
Ticker
GDOT
ISIN
US39304D1028
WKN
A1C0P5
As of Sep 6, 2024, Green Dot's P/S ratio stood at 0.3, a -52.38% change from the 0.63 P/S ratio recorded in the previous year.
The Green Dot P/S history
Green Dot Aktienanalyse
What does Green Dot do?
Green Dot Corp is a US-based company founded in 1999 by Steve Streit. The company is divided into several divisions focusing on financial services. Its main business is issuing prepaid credit cards. The origins of Green Dot were humble. Steve Streit, a former advertising executive, had the idea to develop a prepaid credit card for people without traditional bank accounts. At that time, he had difficulty opening a bank account due to lack of credit history. He realized that many Americans also faced this challenge and had difficulty opening a bank account due to lack of financial knowledge and skills. For these reasons, the idea for a prepaid credit card that would help users build their financial identity was born. In 2001, Green Dot received a license from Mastercard to issue prepaid credit cards. At that time, the company offered a single card called "Green Dot Visa" and sold it in selected retail chain stores. However, over the years, the business model expanded to meet customer demands. Currently, Green Dot offers a variety of prepaid products tailored to the individual needs of its customers. These include prepaid credit cards, prepaid cards for tax refunds, prepaid cards for social benefits, and reloadable stamps. Each of these products is designed to help customers improve their financial situation in their own way. Furthermore, Green Dot has developed a mobile wallet called "GoBank" which allows users to manage their money, make bank transfers, and pay bills. The company also has an online platform called "MoneyPak" that makes it easier for users to load money onto their prepaid credit cards without using a bank. Another important business area for Green Dot is providing financial services for businesses. The company has developed a platform called "GoCard" which allows businesses to issue their own prepaid cards for employees and customers. These cards can be used for various purposes, such as disbursing bonus payments or reward programs. In recent years, Green Dot has expanded its business into the realm of bank partnerships. The company has formed partnerships with several banks and credit unions to provide solutions for their own customers. These partnerships have allowed Green Dot to enter the banking sector and expand its offerings for customers. In addition, Green Dot has made acquisitions in recent years to expand its offerings for customers. In 2014, the company acquired the tax preparation company "TaxACT," which allowed Green Dot to provide a wider range of financial services to its customers. Overall, Green Dot has experienced strong growth in recent years as more customers seek innovative financial solutions. The company has established itself as a industry leader and is expected to continue growing in the future as the financial services market rapidly evolves. Green Dot ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Green Dot's P/S Ratio
Green Dot'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 Green Dot'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 Green Dot'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 Green Dot’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 Green Dot stock
How has the price-earnings ratio of Green Dot changed compared to last year?
The price-to-earnings ratio of Green Dot has increased by -52.38% 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 Green Dot high compared to other companies?
Yes, the price-to-earnings ratio of Green Dot is high compared to other companies.
How does an increase in the price-earnings ratio of Green Dot affect the company?
An increase in the price-earnings ratio of Green Dot 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 Green Dot affect the company?
A decrease in the price-earnings ratio of Green Dot 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 Green Dot?
Some factors that influence the price-earnings ratio of Green Dot are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Green Dot pay?
Over the past 12 months, Green Dot paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Green Dot is expected to pay a dividend of 0 USD.
What is the dividend yield of Green Dot?
The current dividend yield of Green Dot is .
When does Green Dot pay dividends?
Green Dot pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Green Dot?
Green Dot paid dividends every year for the past 0 years.
What is the dividend of Green Dot?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Green Dot located?
Green Dot is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Green Dot kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Green Dot from 9/6/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.
When did Green Dot pay the last dividend?
The last dividend was paid out on 9/6/2024.
What was the dividend of Green Dot in the year 2023?
In the year 2023, Green Dot distributed 0 USD as dividends.
In which currency does Green Dot pay out the dividend?
The dividends of Green Dot are distributed in USD.
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Andere Kennzahlen von Green Dot
Our stock analysis for Green Dot 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 Green Dot Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
