What is the price-to-earnings ratio of Mene?
The price-earnings ratio of Mene is currently 3.35.
Mene P/S 2024
Mene P/S
3.35
Mene Dividend yield
Ticker
MENE.V
ISIN
CA58680T1012
As of May 21, 2024, Mene's P/S ratio stood at 3.35, a -30.35% change from the 4.81 P/S ratio recorded in the previous year.
The Mene P/S history
Mene Aktienanalyse
What does Mene do?
Mene ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Mene's P/S Ratio
Mene'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 Mene'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 Mene'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 Mene’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 Mene Stock
How has the price-earnings ratio of Mene changed compared to last year?
The price-to-earnings ratio of Mene has increased by -30.35% 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 Mene high compared to other companies?
Yes, the price-to-earnings ratio of Mene is high compared to other companies.
How does an increase in the price-earnings ratio of Mene affect the company?
An increase in the price-earnings ratio of Mene 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 Mene affect the company?
A decrease in the price-earnings ratio of Mene 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 Mene?
Some factors that influence the price-earnings ratio of Mene are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Mene pay?
Over the past 12 months, Mene paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Mene is expected to pay a dividend of 0 CAD.
What is the dividend yield of Mene?
The current dividend yield of Mene is .
When does Mene pay dividends?
Mene pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Mene?
Mene paid dividends every year for the past 0 years.
What is the dividend of Mene?
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Mene located?
Mene is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Mene kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Mene from 5/21/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.
When did Mene pay the last dividend?
The last dividend was paid out on 5/21/2024.
What was the dividend of Mene in the year 2023?
In the year 2023, Mene distributed 0 CAD as dividends.
In which currency does Mene pay out the dividend?
The dividends of Mene are distributed in CAD.
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Andere Kennzahlen von Mene
Our stock analysis for Mene 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 Mene Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.