What is the price-to-earnings ratio of Minesto?
The price-earnings ratio of Minesto is currently 2.33.
Minesto P/S 2024
Minesto P/S
2.33
Minesto Dividend yield
Ticker
MINEST.ST
ISIN
SE0007578141
WKN
A143TN
As of Apr 28, 2024, Minesto's P/S ratio stood at 2.33, a 64.08% change from the 1.42 P/S ratio recorded in the previous year.
The Minesto P/S history
Minesto Aktienanalyse
What does Minesto do?
Minesto AB is a Swedish company specializing in the development of technologies for harvesting renewable energy from ocean currents. The company was founded in 2007 and is headquartered in Gothenburg, employing around 80 employees. Minesto AB was founded by Martin Edlund, who recognized the importance of ocean energy resources for the future. With the help of investors, the company quickly grew and invested in the development of marine energy technologies. The company's business model is based on the development and sale of technologies for harvesting renewable energy from ocean currents. They have developed a technology called "Deep Green," which is an underwater kite that moves along deepwater channels using the current, driving a generator to produce electricity. Minesto AB's model is to sell the technology for small, decentralized installations that could be installed near coasts or in remote island areas. They have also invested in other areas, such as marine technology and environmental monitoring of offshore energy systems. Minesto AB's main product is the Deep Green technology, which has been praised as the "green energy source of the future" and has the potential to play a significant role in future energy supply. The company has also developed a wide range of products and services in the field of marine energy and technology. Minesto ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Minesto's P/S Ratio
Minesto'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 Minesto'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 Minesto'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 Minesto’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 Minesto Stock
How has the price-earnings ratio of Minesto changed compared to last year?
The price-to-earnings ratio of Minesto has increased by 64.08% 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 Minesto high compared to other companies?
Yes, the price-to-earnings ratio of Minesto is high compared to other companies.
How does an increase in the price-earnings ratio of Minesto affect the company?
An increase in the price-earnings ratio of Minesto 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 Minesto affect the company?
A decrease in the price-earnings ratio of Minesto 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 Minesto?
Some factors that influence the price-earnings ratio of Minesto are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Minesto pay?
Over the past 12 months, Minesto paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Minesto is expected to pay a dividend of 0 SEK.
What is the dividend yield of Minesto?
The current dividend yield of Minesto is .
When does Minesto pay dividends?
Minesto pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Minesto?
Minesto paid dividends every year for the past 0 years.
What is the dividend of Minesto?
For the upcoming 12 months, dividends amounting to 0 SEK are expected. This corresponds to a dividend yield of 0 %.
In which sector is Minesto located?
Minesto is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Minesto kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Minesto from 4/28/2024 amounting to 0 SEK, you needed to have the stock in your portfolio before the ex-date on 4/28/2024.
When did Minesto pay the last dividend?
The last dividend was paid out on 4/28/2024.
What was the dividend of Minesto in the year 2023?
In the year 2023, Minesto distributed 0 SEK as dividends.
In which currency does Minesto pay out the dividend?
The dividends of Minesto are distributed in SEK.
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Andere Kennzahlen von Minesto
Our stock analysis for Minesto 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 Minesto Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
