What is the price-to-earnings ratio of NOVONIX?
The price-earnings ratio of NOVONIX is currently 15.61.
NOVONIX P/S 2024
NOVONIX P/S
15.61
Ticker
NVX.AX
ISIN
AU000000NVX4
WKN
A2DUU7
As of Oct 3, 2024, NOVONIX's P/S ratio stood at 15.61, a -58.7% change from the 37.8 P/S ratio recorded in the previous year.
The NOVONIX P/S history
NOVONIX Aktienanalyse
What does NOVONIX do?
NOVONIX ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding NOVONIX's P/S Ratio
NOVONIX'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 NOVONIX'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 NOVONIX'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 NOVONIX’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 NOVONIX stock
How has the price-earnings ratio of NOVONIX changed compared to last year?
The price-to-earnings ratio of NOVONIX has increased by -58.7% 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 NOVONIX high compared to other companies?
Yes, the price-to-earnings ratio of NOVONIX is high compared to other companies.
How does an increase in the price-earnings ratio of NOVONIX affect the company?
An increase in the price-earnings ratio of NOVONIX 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 NOVONIX affect the company?
A decrease in the price-earnings ratio of NOVONIX 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 NOVONIX?
Some factors that influence the price-earnings ratio of NOVONIX are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does NOVONIX pay?
Over the past 12 months, NOVONIX paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, NOVONIX is expected to pay a dividend of 0 USD.
What is the dividend yield of NOVONIX?
The current dividend yield of NOVONIX is .
When does NOVONIX pay dividends?
NOVONIX pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of NOVONIX?
NOVONIX paid dividends every year for the past 0 years.
What is the dividend of NOVONIX?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is NOVONIX located?
NOVONIX is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von NOVONIX kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NOVONIX from 10/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.
When did NOVONIX pay the last dividend?
The last dividend was paid out on 10/3/2024.
What was the dividend of NOVONIX in the year 2023?
In the year 2023, NOVONIX distributed 0 USD as dividends.
In which currency does NOVONIX pay out the dividend?
The dividends of NOVONIX are distributed in USD.
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 NOVONIX
Our stock analysis for NOVONIX 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 NOVONIX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.