What is the price-to-earnings ratio of New Hope Corporation?
The price-earnings ratio of New Hope Corporation is currently 2.38.
New Hope Corporation'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.
Comparing New Hope Corporation'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.
The P/S ratio is instrumental for investors evaluating New Hope Corporation'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.
Variations in New Hope Corporation’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.
The price-earnings ratio of New Hope Corporation is currently 2.38.
The price-to-earnings ratio of New Hope Corporation has increased by 52.56% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of New Hope Corporation is high compared to other companies.
An increase in the price-earnings ratio of New Hope Corporation would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of New Hope Corporation would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of New Hope Corporation are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, New Hope Corporation paid a dividend of 0.56 AUD . This corresponds to a dividend yield of about 11.26 %. For the coming 12 months, New Hope Corporation is expected to pay a dividend of 0.58 AUD.
The current dividend yield of New Hope Corporation is 11.26 %.
New Hope Corporation pays a quarterly dividend. This is distributed in the months of May, November, May, November.
New Hope Corporation paid dividends every year for the past 24 years.
For the upcoming 12 months, dividends amounting to 0.58 AUD are expected. This corresponds to a dividend yield of 11.68 %.
New Hope Corporation is assigned to the 'Energy' sector.
To receive the latest dividend of New Hope Corporation from 10/24/2024 amounting to 0.314 AUD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.
The last dividend was paid out on 10/24/2024.
In the year 2023, New Hope Corporation distributed 0.443 AUD as dividends.
The dividends of New Hope Corporation are distributed in AUD.
Our stock analysis for New Hope Corporation 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 New Hope Corporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.