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IGM Financial Stock

IGM Financial P/S 2024

IGM Financial P/S

2.57

Ticker

IGM.TO

ISIN

CA4495861060

WKN

A0CBFW

As of Sep 28, 2024, IGM Financial's P/S ratio stood at 2.57, a -12.88% change from the 2.95 P/S ratio recorded in the previous year.

The IGM Financial P/S history

IGM Financial Aktienanalyse

What does IGM Financial do?

IGM Financial Inc. is a Canadian company that was founded in 1926. The company is listed on the Toronto Stock Exchange and is one of the largest publicly traded corporate groups in Canada. It focuses on wealth management and investment advisory services for affluent individuals and institutional investors. IGM operates as a holding company for three major subsidiaries: Investors Group Inc., Mackenzie Financial Corporation, and Investment Planning Counsel Inc. Investors Group offers a wide range of investment products, Mackenzie provides investment funds, and IPC offers financial planning services. IGM is committed to meeting the financial needs of its clients and aims to continue its growth and success in the future. IGM Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding IGM Financial's P/S Ratio

IGM Financial'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 IGM Financial'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 IGM Financial'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 IGM Financial’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 IGM Financial stock

What is the price-to-earnings ratio of IGM Financial?

The price-earnings ratio of IGM Financial is currently 2.57.

How has the price-earnings ratio of IGM Financial changed compared to last year?

The price-to-earnings ratio of IGM Financial has increased by -12.88% 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 IGM Financial high compared to other companies?

Yes, the price-to-earnings ratio of IGM Financial is high compared to other companies.

How does an increase in the price-earnings ratio of IGM Financial affect the company?

An increase in the price-earnings ratio of IGM Financial 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 IGM Financial affect the company?

A decrease in the price-earnings ratio of IGM Financial 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 IGM Financial?

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

How much dividend does IGM Financial pay?

Over the past 12 months, IGM Financial paid a dividend of 2.25 CAD . This corresponds to a dividend yield of about 5.59 %. For the coming 12 months, IGM Financial is expected to pay a dividend of 2.37 CAD.

What is the dividend yield of IGM Financial?

The current dividend yield of IGM Financial is 5.59 %.

When does IGM Financial pay dividends?

IGM Financial pays a quarterly dividend. This is distributed in the months of April, July, October, October.

How secure is the dividend of IGM Financial?

IGM Financial paid dividends every year for the past 25 years.

What is the dividend of IGM Financial?

For the upcoming 12 months, dividends amounting to 2.37 CAD are expected. This corresponds to a dividend yield of 5.9 %.

In which sector is IGM Financial located?

IGM Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von IGM Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of IGM Financial from 10/31/2024 amounting to 0.41 CAD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did IGM Financial pay the last dividend?

The last dividend was paid out on 10/31/2024.

What was the dividend of IGM Financial in the year 2023?

In the year 2023, IGM Financial distributed 2.25 CAD as dividends.

In which currency does IGM Financial pay out the dividend?

The dividends of IGM Financial are distributed in CAD.

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Andere Kennzahlen von IGM Financial

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