What is the price-to-earnings ratio of Grindrod?
The price-earnings ratio of Grindrod is currently 238.48.
Grindrod P/S 2024
Grindrod P/S
238.48
Ticker
GND.JO
ISIN
ZAE000072328
WKN
A0HGAM
As of Sep 9, 2024, Grindrod's P/S ratio stood at 238.48, a 95.11% change from the 122.23 P/S ratio recorded in the previous year.
The Grindrod P/S history
Grindrod Aktienanalyse
What does Grindrod do?
Grindrod Ltd is a South African company that was founded in 1910 by William Grindrod. Originally operating as a shipping company, the company has grown over the years to become a leading logistics and service provider. Today, Grindrod is a diversified conglomerate with business activities in shipping, logistics, finance, and capital investments. Grindrod ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Grindrod's P/S Ratio
Grindrod'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 Grindrod'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 Grindrod'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 Grindrod’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 Grindrod stock
How has the price-earnings ratio of Grindrod changed compared to last year?
The price-to-earnings ratio of Grindrod has increased by 95.11% 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 Grindrod high compared to other companies?
Yes, the price-to-earnings ratio of Grindrod is high compared to other companies.
How does an increase in the price-earnings ratio of Grindrod affect the company?
An increase in the price-earnings ratio of Grindrod 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 Grindrod affect the company?
A decrease in the price-earnings ratio of Grindrod 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 Grindrod?
Some factors that influence the price-earnings ratio of Grindrod are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Grindrod pay?
Over the past 12 months, Grindrod paid a dividend of 0.91 ZAR . This corresponds to a dividend yield of about 0.06 %. For the coming 12 months, Grindrod is expected to pay a dividend of 0.92 ZAR.
What is the dividend yield of Grindrod?
The current dividend yield of Grindrod is 0.06 %.
When does Grindrod pay dividends?
Grindrod pays a quarterly dividend. This is distributed in the months of April, October, May, October.
How secure is the dividend of Grindrod?
Grindrod paid dividends every year for the past 5 years.
What is the dividend of Grindrod?
For the upcoming 12 months, dividends amounting to 0.92 ZAR are expected. This corresponds to a dividend yield of 0.06 %.
In which sector is Grindrod located?
Grindrod is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Grindrod kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Grindrod from 9/23/2024 amounting to 0.23 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/18/2024.
When did Grindrod pay the last dividend?
The last dividend was paid out on 9/23/2024.
What was the dividend of Grindrod in the year 2023?
In the year 2023, Grindrod distributed 0.932 ZAR as dividends.
In which currency does Grindrod pay out the dividend?
The dividends of Grindrod are distributed in ZAR.
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Andere Kennzahlen von Grindrod
Our stock analysis for Grindrod 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 Grindrod Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.