Grit Real Estate Income Group Stock

Grit Real Estate Income Group P/S 2024

Grit Real Estate Income Group P/S

1.44

Ticker

GR1T.L

ISIN

GG00BMDHST63

WKN

A2QN5T

As of Sep 9, 2024, Grit Real Estate Income Group's P/S ratio stood at 1.44, a -99.59% change from the 348.99 P/S ratio recorded in the previous year.

The Grit Real Estate Income Group P/S history

Grit Real Estate Income Group Aktienanalyse

What does Grit Real Estate Income Group do?

The Grit Real Estate Income Group Ltd is a real estate investor focused on the African market, with headquarters in the Isle of Man. The company was founded in 2014 and has since become one of the largest players in the region. Grit's business model is designed to generate long-term, stable, and inflation-protected income for its investors by investing in commercial properties in Africa. It specializes primarily in acquiring and managing assets in the retail, office, hotel, and logistics sectors. One of Grit's strengths is its diversified portfolio, which extends across various key countries in Africa. Additionally, investments have also been made in beachfront villas and apartments in the Caribbean, particularly in Mauritius. The company has formed close partnerships with globally operating companies such as Hilton, Marriott, and Nashua in its investment projects. Through these strategic partnerships, Grit has been able to expand its diversified portfolio of assets in seven different countries, including Ghana, Kenya, Mauritius, Morocco, Mozambique, Senegal, and Zambia. The company values a stable capital base and aims to further expand the portfolio through the completion of new transactions and acquisitions. This has been achieved through a successful capital increase in 2018, which increased the financial flexibility of the company. Another goal of Grit is to provide social benefits to the local communities where it operates. The company is involved in charitable activities, such as supporting educational institutions and creating job opportunities. Grit offers various products including commercial properties such as retail, office, hotel, and logistics properties, as well as beachfront and residential properties. The company strives to provide excellent service to its customers in all areas, from rental to asset management. Overall, Grit Real Estate Income Group Ltd has established itself as one of the most significant companies in the African real estate market. The company is proud to operate in one of the fastest-growing regions in the world and will continue to focus on its core competencies to optimize its customers' portfolios while also taking on social responsibility. Grit Real Estate Income Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Grit Real Estate Income Group's P/S Ratio

Grit Real Estate Income Group'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 Grit Real Estate Income Group'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 Grit Real Estate Income Group'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 Grit Real Estate Income Group’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 Grit Real Estate Income Group stock

What is the price-to-earnings ratio of Grit Real Estate Income Group?

The price-earnings ratio of Grit Real Estate Income Group is currently 1.44.

How has the price-earnings ratio of Grit Real Estate Income Group changed compared to last year?

The price-to-earnings ratio of Grit Real Estate Income Group has increased by -99.59% 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 Grit Real Estate Income Group high compared to other companies?

Yes, the price-to-earnings ratio of Grit Real Estate Income Group is high compared to other companies.

How does an increase in the price-earnings ratio of Grit Real Estate Income Group affect the company?

An increase in the price-earnings ratio of Grit Real Estate Income Group 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 Grit Real Estate Income Group affect the company?

A decrease in the price-earnings ratio of Grit Real Estate Income Group 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 Grit Real Estate Income Group?

Some factors that influence the price-earnings ratio of Grit Real Estate Income Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Grit Real Estate Income Group pay?

Over the past 12 months, Grit Real Estate Income Group paid a dividend of 0.04 USD . This corresponds to a dividend yield of about 21.38 %. For the coming 12 months, Grit Real Estate Income Group is expected to pay a dividend of 0.03 USD.

What is the dividend yield of Grit Real Estate Income Group?

The current dividend yield of Grit Real Estate Income Group is 21.38 %.

When does Grit Real Estate Income Group pay dividends?

Grit Real Estate Income Group pays a quarterly dividend. This is distributed in the months of April, December, April, May.

How secure is the dividend of Grit Real Estate Income Group?

Grit Real Estate Income Group paid dividends every year for the past 10 years.

What is the dividend of Grit Real Estate Income Group?

For the upcoming 12 months, dividends amounting to 0.03 USD are expected. This corresponds to a dividend yield of 17.61 %.

In which sector is Grit Real Estate Income Group located?

Grit Real Estate Income Group is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Grit Real Estate Income Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Grit Real Estate Income Group from 5/15/2024 amounting to 0.015 USD, you needed to have the stock in your portfolio before the ex-date on 4/4/2024.

When did Grit Real Estate Income Group pay the last dividend?

The last dividend was paid out on 5/15/2024.

What was the dividend of Grit Real Estate Income Group in the year 2023?

In the year 2023, Grit Real Estate Income Group distributed 0.045 USD as dividends.

In which currency does Grit Real Estate Income Group pay out the dividend?

The dividends of Grit Real Estate Income Group are distributed in USD.

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Andere Kennzahlen von Grit Real Estate Income Group

Our stock analysis for Grit Real Estate Income Group 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 Grit Real Estate Income Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.