What is the price-to-earnings ratio of Korvest?
The price-earnings ratio of Korvest is currently 0.99.
Korvest P/S 2024
Korvest P/S
0.99
Ticker
KOV.AX
ISIN
AU000000KOV9
As of Jul 27, 2024, Korvest's P/S ratio stood at 0.99, a 26.92% change from the 0.78 P/S ratio recorded in the previous year.
The Korvest P/S history
Korvest Aktienanalyse
What does Korvest do?
Korvest Ltd is an Australian company specializing in the development, manufacture, and distribution of products in various industries. The headquarters of the company is located in Adelaide, South Australia. The company's business model is based on the development and manufacture of products in industries such as power supply, communication, security, and environmental technology. The company focuses on meeting the needs of its customers in these areas and strives to develop high-quality products that meet their requirements. The power supply division of Korvest Ltd includes products such as distribution networks, transformers, switchgear, and mast systems. These products are necessary for the transmission and distribution of energy at the power grid level and are essential for the smooth operation of the power supply system. The company aims to produce reliable and efficient products that meet the needs of its customers. The communication division of Korvest Ltd includes products such as optical fiber cables, cable connection systems, and cable networks. These products are essential for the transmission of data and information over long distances and are indispensable in various industries such as telecommunications, IT, and broadcasting. The company strives to produce reliable products that can meet constantly changing technological requirements. The security division of Korvest Ltd includes products such as lattice towers, camera systems, and security fences. These products are used for monitoring and securing airports, roads, and public spaces and are essential for ensuring public safety. The company aims to produce durable products that can meet high-security requirements. The environmental technology division of Korvest Ltd includes products such as rainwater systems, recycled water reservoirs, and rural drainage systems. These products are needed for the efficient use of resources and the sustainable use of the environment and are essential for the preservation of natural resources. The company aims to produce products that can reduce environmental impact while meeting the requirements of its customers. In recent years, Korvest Ltd has expanded its business model and focused on exporting its products to various countries. The company exports its products to countries such as New Zealand, Malaysia, and Hong Kong and has significantly expanded its market share in these countries. Overall, Korvest Ltd has gained a reputation as a reliable and high-quality manufacturer of products that are indispensable in various industries. The company is committed to continuous product improvements and innovations and strives to meet the constantly changing requirements of its customers. Korvest ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Korvest's P/S Ratio
Korvest'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 Korvest'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 Korvest'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 Korvest’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 Korvest stock
How has the price-earnings ratio of Korvest changed compared to last year?
The price-to-earnings ratio of Korvest has increased by 26.92% increased 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 Korvest high compared to other companies?
Yes, the price-to-earnings ratio of Korvest is high compared to other companies.
How does an increase in the price-earnings ratio of Korvest affect the company?
An increase in the price-earnings ratio of Korvest 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 Korvest affect the company?
A decrease in the price-earnings ratio of Korvest 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 Korvest?
Some factors that influence the price-earnings ratio of Korvest are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Korvest pay?
Over the past 12 months, Korvest paid a dividend of 0.86 AUD . This corresponds to a dividend yield of about 8.84 %. For the coming 12 months, Korvest is expected to pay a dividend of 0.87 AUD.
What is the dividend yield of Korvest?
The current dividend yield of Korvest is 8.84 %.
When does Korvest pay dividends?
Korvest pays a quarterly dividend. This is distributed in the months of September, March, September, March.
How secure is the dividend of Korvest?
Korvest paid dividends every year for the past 23 years.
What is the dividend of Korvest?
For the upcoming 12 months, dividends amounting to 0.87 AUD are expected. This corresponds to a dividend yield of 8.99 %.
In which sector is Korvest located?
Korvest is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Korvest kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Korvest from 3/5/2024 amounting to 0.357 AUD, you needed to have the stock in your portfolio before the ex-date on 2/15/2024.
When did Korvest pay the last dividend?
The last dividend was paid out on 3/5/2024.
What was the dividend of Korvest in the year 2023?
In the year 2023, Korvest distributed 0.857 AUD as dividends.
In which currency does Korvest pay out the dividend?
The dividends of Korvest are distributed in AUD.
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Andere Kennzahlen von Korvest
Our stock analysis for Korvest 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 Korvest Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
