What is the price-to-earnings ratio of JOYY?
The price-earnings ratio of JOYY is currently 15.53.
JOYY P/S 2024
JOYY P/S
15.53
Ticker
YY
ISIN
US46591M1099
WKN
A2PXQ6
As of Nov 9, 2024, JOYY's P/S ratio stood at 15.53, a -85.21% change from the 105.03 P/S ratio recorded in the previous year.
The JOYY P/S history
JOYY Aktienanalyse
What does JOYY do?
JOYY Inc is a Chinese company based in Hong Kong that specializes in providing live streaming and social media services. It was originally founded as YY Inc in 2005 and renamed to JOYY Inc in 2020. JOYY Inc's business model is based on connecting users through a wide range of social media platforms that offer live broadcasts of content such as gaming, music, karaoke, dance, comedy, education, and more. A key feature of the business model is that JOYY Inc allows content creators, known as "broadcasters," to receive virtual gifts from viewers, which they can purchase with electronic currency. JOYY Inc operates several divisions, including Bigo, Huya, and Likee. Bigo is a live streaming app that is widely popular in Asia and has over 400 million users. Bigo provides a platform for users to create their own live broadcasts that can be viewed by millions of users. The Huya division of JOYY Inc specializes in e-sports through live streaming, particularly in China. Huya provides a platform for gamers, fans, and streamers to create and view e-sports tournaments, competitions, and other e-sports content in partnership with game developers and manufacturers. Huya has over 160 million registered users, making it one of the largest e-sports streaming services in the world. Likee is another division of JOYY Inc. It is a video sharing app that allows users to create and share short videos with effects, filters, music, and text. Likee provides a platform for users to experience social exchange and interactive communication. The app has over 100 million monthly active users. In terms of products, JOYY Inc offers a variety of services. The company has premium membership plans that allow users to access additional features and benefits. JOYY Inc even provides a virtual currency that allows users to purchase and send digital gifts to their favorite broadcasters. JOYY Inc has a long history in the social media and live streaming industry and has become one of the most well-known companies in this field. The divisions of JOYY Inc allow users to connect across various interests, whether it be through sharing content on Likee, watching e-sports events on Huya, or creating live broadcasts on Bigo. JOYY Inc continues to be at the forefront of live streaming and social media application development, contributing to the changing global digital consumer behavior. JOYY ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding JOYY's P/S Ratio
JOYY'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 JOYY'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 JOYY'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 JOYY’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 JOYY stock
How has the price-earnings ratio of JOYY changed compared to last year?
The price-to-earnings ratio of JOYY has increased by -85.21% 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 JOYY high compared to other companies?
Yes, the price-to-earnings ratio of JOYY is high compared to other companies.
How does an increase in the price-earnings ratio of JOYY affect the company?
An increase in the price-earnings ratio of JOYY 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 JOYY affect the company?
A decrease in the price-earnings ratio of JOYY 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 JOYY?
Some factors that influence the price-earnings ratio of JOYY are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does JOYY pay?
Over the past 12 months, JOYY paid a dividend of 1.22 USD . This corresponds to a dividend yield of about 3.58 %. For the coming 12 months, JOYY is expected to pay a dividend of 0.7 USD.
What is the dividend yield of JOYY?
The current dividend yield of JOYY is 3.58 %.
When does JOYY pay dividends?
JOYY pays a quarterly dividend. This is distributed in the months of January, May, July, October.
How secure is the dividend of JOYY?
JOYY paid dividends every year for the past 0 years.
What is the dividend of JOYY?
For the upcoming 12 months, dividends amounting to 0.7 USD are expected. This corresponds to a dividend yield of 2.07 %.
In which sector is JOYY located?
JOYY is assigned to the 'Communication' sector.
Wann musste ich die Aktien von JOYY kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of JOYY from 10/13/2023 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 9/25/2023.
When did JOYY pay the last dividend?
The last dividend was paid out on 10/13/2023.
What was the dividend of JOYY in the year 2023?
In the year 2023, JOYY distributed 2.04 USD as dividends.
In which currency does JOYY pay out the dividend?
The dividends of JOYY are distributed in USD.
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Andere Kennzahlen von JOYY
Our stock analysis for JOYY 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 JOYY Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
