What is the price-to-earnings ratio of Meiji Shipping Group Co?
The price-earnings ratio of Meiji Shipping Group Co is currently 0.38.
Meiji Shipping Group Co'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.
Comparing Meiji Shipping Group Co'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.
The P/S ratio is instrumental for investors evaluating Meiji Shipping Group Co'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.
Variations in Meiji Shipping Group Co’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.
The price-earnings ratio of Meiji Shipping Group Co is currently 0.38.
The price-to-earnings ratio of Meiji Shipping Group Co has increased by 26.67% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Meiji Shipping Group Co is high compared to other companies.
An increase in the price-earnings ratio of Meiji Shipping Group Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Meiji Shipping Group Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Meiji Shipping Group Co are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Meiji Shipping Group Co paid a dividend of 5 JPY . This corresponds to a dividend yield of about 0.74 %. For the coming 12 months, Meiji Shipping Group Co is expected to pay a dividend of 5 JPY.
The current dividend yield of Meiji Shipping Group Co is 0.74 %.
Meiji Shipping Group Co pays a quarterly dividend. This is distributed in the months of April, April, April, April.
Meiji Shipping Group Co paid dividends every year for the past 20 years.
For the upcoming 12 months, dividends amounting to 5 JPY are expected. This corresponds to a dividend yield of 0.74 %.
Meiji Shipping Group Co is assigned to the 'Industry' sector.
To receive the latest dividend of Meiji Shipping Group Co from 6/1/2024 amounting to 5 JPY, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.
The last dividend was paid out on 6/1/2024.
In the year 2024, Meiji Shipping Group Co distributed 5 JPY as dividends.
The dividends of Meiji Shipping Group Co are distributed in JPY.
Our stock analysis for Meiji Shipping Group Co 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 Meiji Shipping Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.