What is the price-to-earnings ratio of Menicon Co?
The price-earnings ratio of Menicon Co is currently 1.08.
Menicon Co P/S 2024
Menicon Co P/S
1.08
Menicon Co Dividend yield
1.61 %
Ticker
7780.T
ISIN
JP3921270009
WKN
A14VFU
As of May 14, 2024, Menicon Co's P/S ratio stood at 1.08, a -44.04% change from the 1.93 P/S ratio recorded in the previous year.
The Menicon Co P/S history
Menicon Co Aktienanalyse
What does Menicon Co do?
Menicon Co Ltd is a Japanese company in the ophthalmology industry and was founded in 1951 by Kyoichi Tanaka. Over the past decades, the company has become a global player and is now one of the largest contact lens manufacturers worldwide. The history of Menicon began with the development of the first rigid contact lens in Japan. In 1972, the company introduced its first soft contact lens to the market, revolutionizing the contact lens industry. In the 1980s, the company expanded internationally and opened distribution offices in the US and Europe. Today, Menicon is present in more than 90 countries. The company specializes in the manufacture of contact lenses, contact lens care products, and optical products. Menicon's goal is to develop products that are safe for eye health and improve customer's visual quality. Menicon's business model is based on collaboration with partners, experts, and institutions in the ophthalmology industry. Menicon invests in research and development and strives to bring innovative products to the market. The company has received a number of patents for its products and is constantly working to improve them. Menicon is divided into different divisions to meet the needs of different customers. The Menicon main brand focuses on rigid contact lenses and offers various products for people with poor eyesight. The Menicon Bloom Myopia contact lenses are specifically designed for children with myopia and aim to slow down the progression of nearsightedness. Menicon also offers a specialty range for astigmatism correction, and a product line called Menicon Z offers unique options for correcting corneal irregularities. For patients suffering from dry eyes, Menicon provides various soft contact lenses and solutions. In addition to contact lenses and care products, Menicon also produces optical products such as glasses and sunglasses. The company also has an online platform where customers have the opportunity to purchase eyewear and contact lenses online. The company strives for sustainability and environmentally friendly production. Menicon uses recyclable material for their products and aims for comprehensive waste disposal. The company is also a member of "Eco Vision 2025," an initiative to reduce environmental impact and promote a sustainable society. Overall, Menicon is a company that focuses on quality and innovation and seeks to meet the needs of the ophthalmology industry. With its decades of experience and presence in the market, it has become a trusted partner for professionals and customers. Menicon Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Menicon Co's P/S Ratio
Menicon 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.
Year-to-Year Comparison
Comparing Menicon 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.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Menicon 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.
Interpreting P/S Ratio Fluctuations
Variations in Menicon 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.
Frequently Asked Questions about Menicon Co Stock
How has the price-earnings ratio of Menicon Co changed compared to last year?
The price-to-earnings ratio of Menicon Co has increased by -44.04% 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 Menicon Co high compared to other companies?
Yes, the price-to-earnings ratio of Menicon Co is high compared to other companies.
How does an increase in the price-earnings ratio of Menicon Co affect the company?
An increase in the price-earnings ratio of Menicon Co 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 Menicon Co affect the company?
A decrease in the price-earnings ratio of Menicon Co 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 Menicon Co?
Some factors that influence the price-earnings ratio of Menicon Co are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Menicon Co pay?
Over the past 12 months, Menicon Co paid a dividend of 25 JPY . This corresponds to a dividend yield of about 1.61 %. For the coming 12 months, Menicon Co is expected to pay a dividend of 26.85 JPY.
What is the dividend yield of Menicon Co?
The current dividend yield of Menicon Co is 1.61 %.
When does Menicon Co pay dividends?
Menicon Co pays a quarterly dividend. This is distributed in the months of April, April, April, April.
How secure is the dividend of Menicon Co?
Menicon Co paid dividends every year for the past 12 years.
What is the dividend of Menicon Co?
For the upcoming 12 months, dividends amounting to 26.85 JPY are expected. This corresponds to a dividend yield of 1.73 %.
In which sector is Menicon Co located?
Menicon Co is assigned to the 'Health' sector.
Wann musste ich die Aktien von Menicon Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Menicon Co from 6/1/2024 amounting to 25 JPY, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.
When did Menicon Co pay the last dividend?
The last dividend was paid out on 6/1/2024.
What was the dividend of Menicon Co in the year 2023?
In the year 2023, Menicon Co distributed 20 JPY as dividends.
In which currency does Menicon Co pay out the dividend?
The dividends of Menicon Co are distributed in JPY.
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Andere Kennzahlen von Menicon Co
Our stock analysis for Menicon 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 Menicon Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
