RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

HIVE Blockchain Technologies P/S 2024

HIVE Blockchain Technologies P/S

1.7

HIVE Blockchain Technologies Dividend yield

Ticker

HIVE.V

ISIN

CA43366H7040

As of May 14, 2024, HIVE Blockchain Technologies's P/S ratio stood at 1.7, a -33.59% change from the 2.56 P/S ratio recorded in the previous year.

The HIVE Blockchain Technologies P/S history

HIVE Blockchain Technologies Aktienanalyse

What does HIVE Blockchain Technologies do?

HIVE Blockchain Technologies Ltd is a company specialized in the production of blockchain technology and cryptocurrencies. The company was founded in 2017 and is headquartered in Vancouver, Canada. HIVE Blockchain Technologies Ltd utilizes the blockchain as infrastructure and operates data centers where cryptocurrencies like Bitcoin or Ether are generated. The business model of HIVE Blockchain Technologies Ltd is to lease computing capacity to other companies or investors to generate cryptocurrencies. This allows these customers to increase their earnings from the cryptocurrency business without having to purchase or operate expensive hardware themselves. The business idea of HIVE Blockchain Technologies Ltd is therefore also attractive to customers who do not have extensive IT knowledge or corresponding hardware equipment. The company currently operates in two different business divisions: The first division is the mining operation, where cryptocurrencies like Bitcoin or Ethereum are generated. The second division is the trading of cryptocurrencies, which is facilitated through the subsidiary Cryptologic Corp. Cryptologic Corp. operates an online platform where various cryptocurrencies can be traded. HIVE Blockchain Technologies Ltd prides itself on its mining operations being powered exclusively by renewable energy sources such as hydropower. In this way, the company aims to make a contribution to sustainability. The company currently operates data centers in Canada, Iceland, and Sweden. The mining activities of HIVE Blockchain Technologies Ltd are so large that the company is able to generate cryptocurrencies in large quantities. In the last fiscal year, HIVE Blockchain Technologies Ltd generated over $12 million in revenue. The offering of the subsidiary Cryptologic Corp. is aimed at professional crypto investors who can trade various cryptocurrencies on the platform. The platform also offers various tools to facilitate trading, such as real-time price charts and detailed market analyses. Customers of Cryptologic Corp. can either trade directly on the platform or access the platform via Application Programming Interfaces (APIs). Overall, HIVE Blockchain Technologies Ltd has established itself as a leading company in the cryptocurrency and blockchain technology industry. The company is focused on sustainability and renewable energy sources to secure its future. It is also capable of offering professional tools and services to facilitate cryptocurrency trading. HIVE Blockchain Technologies Ltd shows great potential and is on track to become one of the leading companies in the cryptocurrency industry. HIVE Blockchain Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding HIVE Blockchain Technologies's P/S Ratio

HIVE Blockchain Technologies'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 HIVE Blockchain Technologies'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 HIVE Blockchain Technologies'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 HIVE Blockchain Technologies’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 HIVE Blockchain Technologies Stock

What is the price-to-earnings ratio of HIVE Blockchain Technologies?

The price-earnings ratio of HIVE Blockchain Technologies is currently 1.7.

How has the price-earnings ratio of HIVE Blockchain Technologies changed compared to last year?

The price-to-earnings ratio of HIVE Blockchain Technologies has increased by -33.59% 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 HIVE Blockchain Technologies high compared to other companies?

Yes, the price-to-earnings ratio of HIVE Blockchain Technologies is high compared to other companies.

How does an increase in the price-earnings ratio of HIVE Blockchain Technologies affect the company?

An increase in the price-earnings ratio of HIVE Blockchain Technologies 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 HIVE Blockchain Technologies affect the company?

A decrease in the price-earnings ratio of HIVE Blockchain Technologies 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 HIVE Blockchain Technologies?

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

How much dividend does HIVE Blockchain Technologies pay?

Over the past 12 months, HIVE Blockchain Technologies paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, HIVE Blockchain Technologies is expected to pay a dividend of 0 USD.

What is the dividend yield of HIVE Blockchain Technologies?

The current dividend yield of HIVE Blockchain Technologies is .

When does HIVE Blockchain Technologies pay dividends?

HIVE Blockchain Technologies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of HIVE Blockchain Technologies?

HIVE Blockchain Technologies paid dividends every year for the past 0 years.

What is the dividend of HIVE Blockchain Technologies?

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

In which sector is HIVE Blockchain Technologies located?

HIVE Blockchain Technologies is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von HIVE Blockchain Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of HIVE Blockchain Technologies from 5/14/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did HIVE Blockchain Technologies pay the last dividend?

The last dividend was paid out on 5/14/2024.

What was the dividend of HIVE Blockchain Technologies in the year 2023?

In the year 2023, HIVE Blockchain Technologies distributed 0 USD as dividends.

In which currency does HIVE Blockchain Technologies pay out the dividend?

The dividends of HIVE Blockchain Technologies are distributed in USD.

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Andere Kennzahlen von HIVE Blockchain Technologies

Our stock analysis for HIVE Blockchain Technologies 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 HIVE Blockchain Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.