What is the price-to-earnings ratio of Kone Oyj?
The price-earnings ratio of Kone Oyj is currently 2.12.
Kone Oyj P/S 2024
Kone Oyj P/S
2.12
Ticker
KNEBV.HE
ISIN
FI0009013403
WKN
A0ET4X
As of Jul 27, 2024, Kone Oyj's P/S ratio stood at 2.12, a -7.02% change from the 2.28 P/S ratio recorded in the previous year.
The Kone Oyj P/S history
Kone Oyj Aktienanalyse
What does Kone Oyj do?
Kone Oyj is a globally leading company in the field of elevators and escalators. The company was founded in 1910 in Helsinki, Finland by the Kamprad brothers Ivar and Knut. Initially, the business focused on elevator and motor shaft repairs before manufacturing its first elevator in 1918. Since then, the company has continuously developed and is now active in over 60 countries worldwide. Kone's business model is based on the design, manufacturing, and sale of elevators, escalators, and automatic doors. The company focuses on developing innovative solutions to make the transportation of people and goods more efficient. Kone works closely with its customers to find individual solutions for each specific requirement. Kone offers a wide range of products and services tailored to the different needs of its customers. In the elevator sector, the offering includes passenger and freight elevators, special elevators for hospitals and hotels, as well as panoramic and scenic rides. The company also offers escalators and moving walkways for retail and public transportation. Additionally, Kone provides automatic doors for public and private areas. Kone has also adapted to the field of maintenance and modernization. The company has its own service organizations responsible for the maintenance and upkeep of elevators and escalators. Customers can choose from a variety of service contracts to ensure their elevators and escalators are kept in perfect condition. Kone aims to increase the availability and sustainability of elevators and escalators to ensure more efficient operations and a longer lifespan. The company also has a clear vision for the future focused on innovative technologies to enhance the customer experience. The company is divided into four business areas: New Equipment, Maintenance, Modernization, and Supply Chain. The New Equipment division is responsible for the development of new elevators, escalators, and automatic doors. The Maintenance division handles the maintenance and repair of elevators, escalators, and doors. The Modernization division takes care of the modernization and renovation of old elevators and escalators to bring them up to the latest technological standards. The Supply Chain division is responsible for Kone's procurement and supply chain management. In recent years, Kone has increasingly focused on the use of technologies such as digital tools and data analytics to optimize its services and products. The company has launched its own digital platform that allows customers to monitor their elevators and escalators in real-time and receive reports and notifications about the condition of their devices. In summary, Kone Oyj is a leading company in the field of transportation. The company offers a wide range of products and services tailored to the specific requirements of its customers. Kone values innovation, sustainability, and service quality and aims to constantly improve the customer experience and connect people through their transportation systems. Kone Oyj ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Kone Oyj's P/S Ratio
Kone Oyj'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 Kone Oyj'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 Kone Oyj'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 Kone Oyj’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 Kone Oyj stock
How has the price-earnings ratio of Kone Oyj changed compared to last year?
The price-to-earnings ratio of Kone Oyj has increased by -7.02% 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 Kone Oyj high compared to other companies?
Yes, the price-to-earnings ratio of Kone Oyj is high compared to other companies.
How does an increase in the price-earnings ratio of Kone Oyj affect the company?
An increase in the price-earnings ratio of Kone Oyj 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 Kone Oyj affect the company?
A decrease in the price-earnings ratio of Kone Oyj 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 Kone Oyj?
Some factors that influence the price-earnings ratio of Kone Oyj are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Kone Oyj pay?
Over the past 12 months, Kone Oyj paid a dividend of 1.75 EUR . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, Kone Oyj is expected to pay a dividend of 1.8 EUR.
What is the dividend yield of Kone Oyj?
The current dividend yield of Kone Oyj is 3.78 %.
When does Kone Oyj pay dividends?
Kone Oyj pays a quarterly dividend. This is distributed in the months of April, April, April, April.
How secure is the dividend of Kone Oyj?
Kone Oyj paid dividends every year for the past 24 years.
What is the dividend of Kone Oyj?
For the upcoming 12 months, dividends amounting to 1.8 EUR are expected. This corresponds to a dividend yield of 3.88 %.
In which sector is Kone Oyj located?
Kone Oyj is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Kone Oyj kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Kone Oyj from 3/11/2024 amounting to 1.75 EUR, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.
When did Kone Oyj pay the last dividend?
The last dividend was paid out on 3/11/2024.
What was the dividend of Kone Oyj in the year 2023?
In the year 2023, Kone Oyj distributed 1.75 EUR as dividends.
In which currency does Kone Oyj pay out the dividend?
The dividends of Kone Oyj are distributed in EUR.
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Andere Kennzahlen von Kone Oyj
Our stock analysis for Kone Oyj 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 Kone Oyj Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
