What is the price-to-earnings ratio of Hiscox?
The price-earnings ratio of Hiscox is currently 1.09.
Hiscox P/S 2024
Hiscox P/S
1.09
Ticker
HSX.L
ISIN
BMG4593F1389
WKN
A14PZ0
As of Sep 29, 2024, Hiscox's P/S ratio stood at 1.09, a -99.19% change from the 134.65 P/S ratio recorded in the previous year.
The Hiscox P/S history
Hiscox Aktienanalyse
What does Hiscox do?
Hiscox Ltd is a British insurance company founded in 1901, specializing in the needs of small and medium-sized businesses and private clients. The company is headquartered in London and operates worldwide in various countries. Hiscox's business model is based on the idea of offering insurance that meets the needs of specific customer groups. The company focuses on offering products that are not offered by other insurance companies or are only available in limited form. Hiscox works closely with its customers to understand and meet their specific needs. Through this approach, Hiscox has developed a portfolio of products ranging from personal liability insurance to tailored business policies. As a result, the company has established itself as a leading insurer in the specialty policies sector. Hiscox was founded in 1901 by Ralph Hiscox in Kent and initially specialized in insurance for buildings, furniture, and other furnishings. Over the years, the company expanded its portfolio and shifted its focus to insuring small and medium-sized businesses. In the 1970s and 1980s, Hiscox diversified its business with the acquisition of companies such as Tennyson Insurance and Europa International. In the 1990s, Hiscox sold its entire portfolio of traditional insurance and focused on specialty insurance. Today, Hiscox is a globally operating insurer with offices in North America, Europe, and Asia. Hiscox offers a wide range of products and services that meet the needs of its customers. These include: - Household insurance: This insurance protects against damage to furniture, appliances, and other furnishings. - Personal liability insurance: This insurance protects the policyholder against claims for damages caused by accidents. - Business insurance: Hiscox offers specialized insurance for small and medium-sized businesses. These coverages protect against damage from fire, burglary, or data loss. - Cyber insurance: Hiscox offers specialized insurance against cybercrime. This protects companies against financial damages caused by hacker attacks. - Art insurance: This insurance protects owners of artworks against damage or loss. - Occasional insurance: Hiscox offers customers the opportunity to take out insurance as needed, for special occasions such as weddings or events. In conclusion, Hiscox is an established insurer with a long history and a comprehensive range of products and services. The company specializes in the needs of small and medium-sized businesses and offers tailored insurance solutions. Through its focus on the development of specialty policies, the company has established itself as one of the leading providers of specialty insurance in the market. Hiscox ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Hiscox's P/S Ratio
Hiscox'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 Hiscox'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 Hiscox'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 Hiscox’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 Hiscox stock
How has the price-earnings ratio of Hiscox changed compared to last year?
The price-to-earnings ratio of Hiscox has increased by -99.19% 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 Hiscox high compared to other companies?
Yes, the price-to-earnings ratio of Hiscox is high compared to other companies.
How does an increase in the price-earnings ratio of Hiscox affect the company?
An increase in the price-earnings ratio of Hiscox 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 Hiscox affect the company?
A decrease in the price-earnings ratio of Hiscox 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 Hiscox?
Some factors that influence the price-earnings ratio of Hiscox are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Hiscox pay?
Over the past 12 months, Hiscox paid a dividend of 0.29 USD . This corresponds to a dividend yield of about 1.88 %. For the coming 12 months, Hiscox is expected to pay a dividend of 0.31 USD.
What is the dividend yield of Hiscox?
The current dividend yield of Hiscox is 1.88 %.
When does Hiscox pay dividends?
Hiscox pays a quarterly dividend. This is distributed in the months of September, June, September, September.
How secure is the dividend of Hiscox?
Hiscox paid dividends every year for the past 8 years.
What is the dividend of Hiscox?
For the upcoming 12 months, dividends amounting to 0.31 USD are expected. This corresponds to a dividend yield of 2 %.
In which sector is Hiscox located?
Hiscox is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Hiscox kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Hiscox from 9/24/2024 amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
When did Hiscox pay the last dividend?
The last dividend was paid out on 9/24/2024.
What was the dividend of Hiscox in the year 2023?
In the year 2023, Hiscox distributed 0.287 USD as dividends.
In which currency does Hiscox pay out the dividend?
The dividends of Hiscox are distributed in USD.
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Andere Kennzahlen von Hiscox
Our stock analysis for Hiscox 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 Hiscox Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
