RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Mirvac Group Stock

Mirvac Group P/S 2024

Mirvac Group P/S

2.58

Ticker

MGR.AX

ISIN

AU000000MGR9

WKN

924371

As of Sep 28, 2024, Mirvac Group's P/S ratio stood at 2.58, a -46.36% change from the 4.81 P/S ratio recorded in the previous year.

The Mirvac Group P/S history

Mirvac Group Aktienanalyse

What does Mirvac Group do?

The Mirvac Group is an Australian company operating in the real estate industry. It was founded in 1972 and has become a significant player in the Australian real estate sector. The company's business model is based on the development and management of real estate projects in various sectors including residential, office, retail, and hotel. It also provides rental and property management services. The Mirvac Group is considered a leader in mixed-use real estate projects. It has three divisions: developments, rentals, and capital. The company specializes in the development of residential and commercial properties, as well as the management of rental properties. It also focuses on portfolio management and fundraising from investors. The Mirvac Group's products include various real estate projects and property management services, such as the development of apartments, townhouses, and single-family homes in the residential sector, and office buildings and retail spaces in the commercial sector. The company also operates hotels and has been involved in sustainability projects. One example of a successful project by the Mirvac Group is the mixed-use residential and shopping center "Broadway" in Sydney, which gained international attention. The company differentiates itself from other real estate companies through its commitment to sustainability, aiming to achieve net-zero carbon emissions by 2030. It works towards reducing energy consumption, using renewable energy, sustainable property management, and promoting sustainable behaviors among tenants. The Mirvac Group is a significant player in the Australian real estate industry, with strong growth in recent years. It is a leading developer of mixed-use real estate projects and will continue to play an important role in the future due to its commitment to sustainability and ability to provide innovative solutions for its customers. Mirvac Group is an Australian real estate company founded in 1972. It is primarily engaged in the development and management of various real estate projects, including residential, office, retail, and hotel properties. The company also offers rental and property management services. Mirvac Group is considered a market leader in mixed-use real estate projects and operates in three divisions: developments, rentals, and capital. It specializes in planning, developing, and implementing residential and commercial projects, managing rental properties, and managing the company's portfolio and raising capital from investors. The company's products include residential apartments, townhouses, and single-family homes, as well as office buildings, retail spaces, and hotels. It also focuses on sustainability and aims to achieve net-zero carbon emissions by 2030 through energy reduction, renewable energy use, sustainable property management, and promoting sustainable behaviors. Mirvac Group has experienced significant growth and is recognized as a leading player in the Australian real estate industry. It has successfully completed projects such as the mixed-use residential and shopping center "Broadway" in Sydney, which consists of 600 apartments and 50 retail spaces. Mirvac Group's commitment to sustainability and its ability to deliver innovative solutions make it a key player in the industry's future. Mirvac Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Mirvac Group's P/S Ratio

Mirvac Group'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 Mirvac Group'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 Mirvac Group'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 Mirvac Group’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 Mirvac Group stock

What is the price-to-earnings ratio of Mirvac Group?

The price-earnings ratio of Mirvac Group is currently 2.58.

How has the price-earnings ratio of Mirvac Group changed compared to last year?

The price-to-earnings ratio of Mirvac Group has increased by -46.36% 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 Mirvac Group high compared to other companies?

Yes, the price-to-earnings ratio of Mirvac Group is high compared to other companies.

How does an increase in the price-earnings ratio of Mirvac Group affect the company?

An increase in the price-earnings ratio of Mirvac Group 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 Mirvac Group affect the company?

A decrease in the price-earnings ratio of Mirvac Group 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 Mirvac Group?

Some factors that influence the price-earnings ratio of Mirvac Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Mirvac Group pay?

Over the past 12 months, Mirvac Group paid a dividend of 0.06 AUD . This corresponds to a dividend yield of about 2.71 %. For the coming 12 months, Mirvac Group is expected to pay a dividend of 0.06 AUD.

What is the dividend yield of Mirvac Group?

The current dividend yield of Mirvac Group is 2.71 %.

When does Mirvac Group pay dividends?

Mirvac Group pays a quarterly dividend. This is distributed in the months of January, July, January, July.

How secure is the dividend of Mirvac Group?

Mirvac Group paid dividends every year for the past 23 years.

What is the dividend of Mirvac Group?

For the upcoming 12 months, dividends amounting to 0.06 AUD are expected. This corresponds to a dividend yield of 2.83 %.

In which sector is Mirvac Group located?

Mirvac Group is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Mirvac Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mirvac Group from 8/29/2024 amounting to 0.06 AUD, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Mirvac Group pay the last dividend?

The last dividend was paid out on 8/29/2024.

What was the dividend of Mirvac Group in the year 2023?

In the year 2023, Mirvac Group distributed 0.098 AUD as dividends.

In which currency does Mirvac Group pay out the dividend?

The dividends of Mirvac Group are distributed in AUD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Mirvac Group

Our stock analysis for Mirvac Group 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 Mirvac Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.