What is the price-to-earnings ratio of Latch?
The price-earnings ratio of Latch is currently -0.22.
Latch P/E 2024
Latch P/E
-0.22
Ticker
LTCH
ISIN
US51818V1061
As of Sep 13, 2024, Latch's P/E ratio was -0.22, a -57.69% change from the -0.52 P/E ratio recorded in the previous year.
The Latch P/E history
Latch Aktienanalyse
What does Latch do?
Latch Inc. is a company that was founded in 2014 by Luke Schoenfelder and Thomas Meyerhoffer. The goal of the company was to develop an innovative technology for access to buildings and apartments. Latch aims to create an intelligent, keyless access system that allows users to enter their homes and buildings safely and conveniently. The business model of Latch is based on the rental and sale of access devices and platform licenses. The devices are customized for each customer and seamlessly integrate into the existing infrastructure. The license fees allow users to modify, expand, and track their system. Latch operates in three different areas: access, control, and connectivity. The "access" category includes door handles, locks, key cards, and remote controls, all aimed at facilitating entry into buildings and apartments. The "control" of Latch Inc. products is done through the devices chosen by users (such as smartphones) and allows monitoring of both entry doors and rooms from anywhere. The "connectivity" category offers a powerful cloud platform that allows users to access and manage their data from any device. An important feature of Latch products is the ability to open and close doors controlled by Latch products from anywhere, without being directly nearby. This is particularly useful for Airbnb operators as it allows them to easily grant guests access to their properties. Latch has created an inclusive solution targeting housing and building developers as well as companies looking for an innovative, keyless solution for their users. The company currently has offices in New York, San Francisco, and London and has already partnered with some of the country's leading real estate developers. Overall, Latch is a forward-thinking company that is dedicated to making the entry into buildings and apartments safer, easier, and more convenient. With a strong focus on user-friendliness and high service quality, Latch has the potential to play an important role in the future of the real estate industry and in the IoT and smart homes sector. Latch ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Latch's P/E Ratio
The Price to Earnings (P/E) Ratio of Latch is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Latch's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Latch is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Latch’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Latch stock
How has the price-earnings ratio of Latch changed compared to last year?
The price-to-earnings ratio of Latch has increased by -57.69% 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 Latch high compared to other companies?
Yes, the price-to-earnings ratio of Latch is high compared to other companies.
How does an increase in the price-earnings ratio of Latch affect the company?
An increase in the price-earnings ratio of Latch 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 Latch affect the company?
A decrease in the price-earnings ratio of Latch 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 Latch?
Some factors that influence the price-earnings ratio of Latch are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Latch pay?
Over the past 12 months, Latch paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Latch is expected to pay a dividend of 0 USD.
What is the dividend yield of Latch?
The current dividend yield of Latch is .
When does Latch pay dividends?
Latch pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Latch?
Latch paid dividends every year for the past 0 years.
What is the dividend of Latch?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Latch located?
Latch is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Latch kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Latch from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Latch pay the last dividend?
The last dividend was paid out on 9/13/2024.
What was the dividend of Latch in the year 2023?
In the year 2023, Latch distributed 0 USD as dividends.
In which currency does Latch pay out the dividend?
The dividends of Latch are distributed in USD.
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Andere Kennzahlen von Latch
Our stock analysis for Latch 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 Latch Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.