What is the price-to-earnings ratio of Griffon?
The price-earnings ratio of Griffon is currently 1.35.
Griffon P/S 2024
Griffon P/S
1.35
Griffon Dividend yield
3.78 %
Ticker
GFF
ISIN
US3984331021
WKN
856788
As of May 31, 2024, Griffon's P/S ratio stood at 1.35, a 104.55% change from the 0.66 P/S ratio recorded in the previous year.
The Griffon P/S history
Griffon Aktienanalyse
What does Griffon do?
The Griffon Corporation is a publicly traded company based in New York that specializes in various industry sectors. The company was founded in 1959 by Harvey Blau and originally started as a manufacturer of household and cleaning products under the name Watchung Chemical Corporation. In 1970, Watchung Chemical acquired Phar Medium Corporation, a pharmaceutical products manufacturer. In 1980, the company changed its name to Griffon Corporation and expanded into various industry sectors. Griffon's core business today consists of three divisions: Home & Building Products, Telecommunications Infrastructure, and Specialty Plastics. Each division includes multiple specialized subsidiaries. Home & Building Products is Griffon's largest division and includes subsidiaries such as AMES, a manufacturer of garden and outdoor products, Clopay Building Products, a leading manufacturer of garage doors, and Everhard Products, a manufacturer of drainage solutions. Telecommunications Infrastructure is Griffon's second-largest division and includes subsidiaries such as Clopay Wireless Products, which offers wireless solutions for the telecommunications industry, and Telephonics, a leading manufacturer of radar systems and communication equipment. Griffon's third division is Specialty Plastics, which consists of two subsidiaries: Clopay Plastic Products and Clopay Europe. These companies are leading manufacturers of specialty films, plastic sheets, and packaging materials. Griffon has made numerous acquisitions in recent years to expand its business. In 2018, the company acquired CornellCookson, a manufacturer of roll-up door operators, and in 2019, it acquired ClosetMaid, a manufacturer of built-in closet systems. Overall, Griffon offers a wide range of products, including garage doors, roller shutters, drainage systems, specialty films, plastic sheets, and packaging materials. The company is constantly striving to improve its products and bring innovative solutions to the market. Griffon is also committed to developing sustainable products and solutions to contribute to environmental compatibility. The company has developed an environmentally friendly product line called "EcoLift," which uses electric forklifts with emission-free batteries. Additionally, Griffon has developed packaging materials that are 100% recyclable. Overall, the Griffon Corporation is a diversified company operating in various industry sectors. The company aims to find innovative solutions and develop sustainable products and solutions to meet the needs of its customers. Griffon ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Griffon's P/S Ratio
Griffon'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 Griffon'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 Griffon'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 Griffon’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 Griffon Stock
How has the price-earnings ratio of Griffon changed compared to last year?
The price-to-earnings ratio of Griffon has increased by 104.55% 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 Griffon high compared to other companies?
Yes, the price-to-earnings ratio of Griffon is high compared to other companies.
How does an increase in the price-earnings ratio of Griffon affect the company?
An increase in the price-earnings ratio of Griffon 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 Griffon affect the company?
A decrease in the price-earnings ratio of Griffon 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 Griffon?
Some factors that influence the price-earnings ratio of Griffon are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Griffon pay?
Over the past 12 months, Griffon paid a dividend of 2.5 USD . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, Griffon is expected to pay a dividend of 1.75 USD.
What is the dividend yield of Griffon?
The current dividend yield of Griffon is 3.78 %.
When does Griffon pay dividends?
Griffon pays a quarterly dividend. This is distributed in the months of October, December, March, July.
How secure is the dividend of Griffon?
Griffon paid dividends every year for the past 16 years.
What is the dividend of Griffon?
For the upcoming 12 months, dividends amounting to 1.75 USD are expected. This corresponds to a dividend yield of 2.64 %.
In which sector is Griffon located?
Griffon is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Griffon kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Griffon from 6/20/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 5/29/2024.
When did Griffon pay the last dividend?
The last dividend was paid out on 6/20/2024.
What was the dividend of Griffon in the year 2023?
In the year 2023, Griffon distributed 2.37 USD as dividends.
In which currency does Griffon pay out the dividend?
The dividends of Griffon are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Griffon
Our stock analysis for Griffon 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 Griffon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
