What is the price-to-earnings ratio of NIC?
The price-earnings ratio of NIC is currently 4.15.
NIC P/S 2024
NIC P/S
4.15
Ticker
EGOV
ISIN
US62914B1008
WKN
924381
As of Nov 3, 2024, NIC's P/S ratio stood at 4.15, a 0% change from the 0 P/S ratio recorded in the previous year.
The NIC P/S history
NIC Aktienanalyse
What does NIC do?
NIC Inc. is a US-based company that provides digital solutions for government and public institutions. The company aims to simplify and improve the interaction between government agencies and citizens. It offers a wide range of products and services tailored to the needs of federal, state, and local authorities. NIC Inc. was founded in 1992 by Harry Herington in Olathe, Kansas. It started as an IT service provider and quickly became a leading provider of digital solutions for government agencies. In 1994, NIC Inc. launched its first e-government website for the Kansas State Corporation Commission and rapidly expanded, establishing itself as a key player in the industry. The company's business model revolves around offering digital solutions for government and public institutions. Its products and services cater to the needs of federal, state, and local authorities. NIC Inc.'s solutions encompass a wide range of services including payment processing, government websites, online forms, and electronic signatures. By leveraging advanced technology and its experience in collaborating with government agencies, NIC Inc. has established itself as a leading provider of e-government solutions. Its business model enables agencies to offer their services on a digital platform, allowing for more efficient and effective operations. NIC Inc. organizes its business into three main divisions: e-government services, software, and digital payments. The e-government services division focuses on providing customized solutions for communication between government agencies and citizens, including website development, payment processing, and online forms. The software division offers tailored software solutions for specific agency needs, providing optimal functionality and user-friendliness. The payment division provides a secure, fast, and user-friendly digital payment platform for government agencies, allowing citizens to conveniently make online payments. NIC Inc. offers a wide range of products aimed at simplifying and enhancing the collaboration between government agencies and citizens. One of its key product lines is the development and management of e-government websites specifically designed for government agencies. These websites feature user-friendly functionalities such as online forms and easy payment processing. Another important product offered by NIC Inc. is its digital payment platform, enabling payments for government agencies and institutions. This platform is secure, fast, and provides citizens with a convenient way to make online payments to government agencies. NIC Inc. also offers software solutions specifically tailored to the needs of government agencies. These solutions are optimized for bureaucracy and agency requirements, offering the highest level of user-friendliness and functionality. In conclusion, NIC Inc. is a leading provider of digital solutions for government agencies and public institutions in the United States. Its goal is to simplify and improve the interaction between citizens and government agencies. The company offers a wide range of products and services tailored to the needs of federal, state, and local authorities, including e-government websites, digital payment platforms, and customized software solutions. Through the use of advanced technology and its experience in collaborating with government agencies, NIC Inc. has established itself as one of the leading providers of e-government solutions in the United States. NIC ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding NIC's P/S Ratio
NIC'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 NIC'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 NIC'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 NIC’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 NIC stock
How has the price-earnings ratio of NIC changed compared to last year?
The price-to-earnings ratio of NIC has increased by 0% 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 NIC high compared to other companies?
Yes, the price-to-earnings ratio of NIC is high compared to other companies.
How does an increase in the price-earnings ratio of NIC affect the company?
An increase in the price-earnings ratio of NIC 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 NIC affect the company?
A decrease in the price-earnings ratio of NIC 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 NIC?
Some factors that influence the price-earnings ratio of NIC are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does NIC pay?
Over the past 12 months, NIC paid a dividend of 0.36 USD . This corresponds to a dividend yield of about 1.06 %. For the coming 12 months, NIC is expected to pay a dividend of 0.37 USD.
What is the dividend yield of NIC?
The current dividend yield of NIC is 1.06 %.
When does NIC pay dividends?
NIC pays a quarterly dividend. This is distributed in the months of July, October, January, April.
How secure is the dividend of NIC?
NIC paid dividends every year for the past 18 years.
What is the dividend of NIC?
For the upcoming 12 months, dividends amounting to 0.37 USD are expected. This corresponds to a dividend yield of 1.1 %.
In which sector is NIC located?
NIC is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von NIC kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NIC from 3/17/2021 amounting to 0.09 USD, you needed to have the stock in your portfolio before the ex-date on 3/2/2021.
When did NIC pay the last dividend?
The last dividend was paid out on 3/17/2021.
What was the dividend of NIC in the year 2023?
In the year 2023, NIC distributed 0.386 USD as dividends.
In which currency does NIC pay out the dividend?
The dividends of NIC are distributed in USD.
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Andere Kennzahlen von NIC
Our stock analysis for NIC 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 NIC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
