What is the price-to-earnings ratio of Monro?
The price-earnings ratio of Monro is currently 0.62.
Monro P/S 2024
Monro P/S
0.62
Ticker
MNRO
ISIN
US6102361010
WKN
882462
As of Sep 21, 2024, Monro's P/S ratio stood at 0.62, a -39.22% change from the 1.02 P/S ratio recorded in the previous year.
The Monro P/S history
Monro Aktienanalyse
What does Monro do?
Monro Inc is an American company specializing in the manufacturing and marketing of automotive parts and accessories. It was founded in 1957 and is headquartered in Rochester, New York. The company has become one of the industry's leading providers. Monro Inc's history began over 60 years ago when Charles August "Chuck" Augustus Monro opened his first Monroe Auto Supply Store in Rochester, New York. Over the years, the company expanded and opened branches in various parts of the United States. In 1977, the company was renamed Monro Muffler Brake Inc to reflect the broader range of products it offered. Through acquisitions and expansions, the company grew and was renamed Monro Inc in 2017. Monro Inc operates in two main business areas: vehicle servicing, repairs, and maintenance, as well as the sale of automotive parts and accessories. The service division includes services such as oil changes, tire changes, battery replacements, brake services, exhaust services, and inspections. The company owns and operates over 1200 stores in the USA, Canada, and Puerto Rico under various brand names such as Monro Auto Service and Tire Centers, Speedy Auto Service, Tread Quarters Discount Tire, and Mr. Tire Auto Service Centers. Monro Inc's sales segment includes a wide range of automotive parts and accessories, sold in the company's stores and online under the Parts Warehouse brand. The product range includes parts for brakes, steering, suspension, engines, fuel systems, air conditioning, and more. The company has also expanded its online business and sells its products on online marketplaces such as Amazon and eBay. Monro Inc has expanded its business through the acquisition of other companies and invests in the acquisition of companies that can bring it into new areas and markets. In 2017, the company acquired K&M Tire, one of the largest tire dealers in the USA. In 2019, the company acquired Boston-based McGee Tire Stores to further expand its business in Florida and New England. An example of a product in Monroe's catalog is the Monroe Shock Absorber. Monroe is a renowned manufacturer of shock absorbers, which play a crucial role in driving safety. Shock absorbers help keep the vehicle stable on the road and minimize the risk of accidents caused by road bumps, potholes, high speeds, or turns. Monroe shock absorbers are available in various models specifically tailored to the needs of certain vehicles. Monro Inc is an innovative company that continuously expands its business and enhances its portfolio with new products and services. The company is also committed to introducing new technologies that will transform the way vehicles are maintained and serviced. Monro boasts a strong management team focused on implementing a strategy that keeps the company on track for growth and success. In summary, Monro Inc is a leading provider of automotive parts and accessories, as well as repair and maintenance services. The company has a long history in the industry and strives to expand its business and remain innovative. With a wide range of products and services and a strong management team, the company will continue to evolve and fulfill the needs of its customers. Monro ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Monro's P/S Ratio
Monro'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 Monro'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 Monro'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 Monro’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 Monro stock
How has the price-earnings ratio of Monro changed compared to last year?
The price-to-earnings ratio of Monro has increased by -39.22% 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 Monro high compared to other companies?
Yes, the price-to-earnings ratio of Monro is high compared to other companies.
How does an increase in the price-earnings ratio of Monro affect the company?
An increase in the price-earnings ratio of Monro 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 Monro affect the company?
A decrease in the price-earnings ratio of Monro 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 Monro?
Some factors that influence the price-earnings ratio of Monro are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Monro pay?
Over the past 12 months, Monro paid a dividend of 0.84 USD . This corresponds to a dividend yield of about 3.14 %. For the coming 12 months, Monro is expected to pay a dividend of 0.86 USD.
What is the dividend yield of Monro?
The current dividend yield of Monro is 3.14 %.
When does Monro pay dividends?
Monro pays a quarterly dividend. This is distributed in the months of January, April, July, September.
How secure is the dividend of Monro?
Monro paid dividends every year for the past 22 years.
What is the dividend of Monro?
For the upcoming 12 months, dividends amounting to 0.86 USD are expected. This corresponds to a dividend yield of 3.22 %.
In which sector is Monro located?
Monro is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Monro kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Monro from 9/10/2024 amounting to 0.28 USD, you needed to have the stock in your portfolio before the ex-date on 8/27/2024.
When did Monro pay the last dividend?
The last dividend was paid out on 9/10/2024.
What was the dividend of Monro in the year 2023?
In the year 2023, Monro distributed 1.12 USD as dividends.
In which currency does Monro pay out the dividend?
The dividends of Monro are distributed in USD.
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Andere Kennzahlen von Monro
Our stock analysis for Monro 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 Monro Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
