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Myer Holdings Stock

Myer Holdings P/S 2024

Myer Holdings P/S

0.17

Ticker

MYR.AX

ISIN

AU000000MYR2

WKN

A0YCZZ

As of Sep 6, 2024, Myer Holdings's P/S ratio stood at 0.17, a -19.05% change from the 0.21 P/S ratio recorded in the previous year.

The Myer Holdings P/S history

Myer Holdings Aktienanalyse

What does Myer Holdings do?

Myer Holdings Ltd. is an Australian retail company that is based in Melbourne. The company was founded in 1899 by Sidney Myer and has since become one of the leading retailers in Australia. The business model of Myer Holdings Ltd. involves offering a wide range of products that provide customers with a comprehensive shopping experience. The company has a wide range of items, ranging from clothing and accessories to household goods and electronics. Myer's main customers are women, as the company offers a wide range of clothing and shoes for women. Myer Holdings Ltd. has various departments, including women's clothing, men's clothing, children's fashion, shoes, beauty products, accessories, jewelry, household goods, and electronics. The company follows an omnichannel strategy to provide customers with a seamless shopping experience. Customers can shop through various channels such as the online store, mobile app, social media, and physical stores. The company has a strong presence in shopping centers in Australia and currently operates 60 stores throughout the country. Myer Holdings Ltd. is committed to environmental sustainability and has initiated various initiatives to reduce environmental impact. The company is working to reduce its carbon footprint and has set a goal to be net-negative by 2025. The company also has a comprehensive recycling policy and supports the use of sustainable materials in its products. In recent years, Myer Holdings Ltd. has faced several challenges, including the rise of online retail and the difficulties of attracting customers to physical stores. However, the company has adapted to these changes and adjusted its strategy to meet its customers' needs. Overall, Myer Holdings Ltd. is one of the most well-known retail companies in Australia and offers its customers a wide range of products. The company's omnichannel strategy has helped it keep pace with the evolving industry. The company is also committed to sustainability and environmental responsibility, demonstrating that it is a responsible company. Answer: Myer Holdings Ltd. is an Australian retail company that offers a wide range of products and follows an omnichannel strategy. The company is committed to sustainability and customer satisfaction. Myer Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Myer Holdings's P/S Ratio

Myer Holdings'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 Myer Holdings'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 Myer Holdings'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 Myer Holdings’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 Myer Holdings stock

What is the price-to-earnings ratio of Myer Holdings?

The price-earnings ratio of Myer Holdings is currently 0.17.

How has the price-earnings ratio of Myer Holdings changed compared to last year?

The price-to-earnings ratio of Myer Holdings has increased by -19.05% 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 Myer Holdings high compared to other companies?

Yes, the price-to-earnings ratio of Myer Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of Myer Holdings affect the company?

An increase in the price-earnings ratio of Myer Holdings 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 Myer Holdings affect the company?

A decrease in the price-earnings ratio of Myer Holdings 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 Myer Holdings?

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

How much dividend does Myer Holdings pay?

Over the past 12 months, Myer Holdings paid a dividend of 0.07 AUD . This corresponds to a dividend yield of about 8.5 %. For the coming 12 months, Myer Holdings is expected to pay a dividend of 0.07 AUD.

What is the dividend yield of Myer Holdings?

The current dividend yield of Myer Holdings is 8.5 %.

When does Myer Holdings pay dividends?

Myer Holdings pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Myer Holdings?

Myer Holdings paid dividends every year for the past 9 years.

What is the dividend of Myer Holdings?

For the upcoming 12 months, dividends amounting to 0.07 AUD are expected. This corresponds to a dividend yield of 7.93 %.

In which sector is Myer Holdings located?

Myer Holdings is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Myer Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Myer Holdings from 5/16/2024 amounting to 0.043 AUD, you needed to have the stock in your portfolio before the ex-date on 3/27/2024.

When did Myer Holdings pay the last dividend?

The last dividend was paid out on 5/16/2024.

What was the dividend of Myer Holdings in the year 2023?

In the year 2023, Myer Holdings distributed 0.057 AUD as dividends.

In which currency does Myer Holdings pay out the dividend?

The dividends of Myer Holdings are distributed in AUD.

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Andere Kennzahlen von Myer Holdings

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