Northern Ocean Stock

Northern Ocean P/S 2024

Northern Ocean P/S

0.6

Ticker

NOL.OL

ISIN

BMG6682J1036

WKN

A2PWPV

As of Dec 24, 2024, Northern Ocean's P/S ratio stood at 0.6, a -34.07% change from the 0.91 P/S ratio recorded in the previous year.

The Northern Ocean P/S history

Northern Ocean Aktienanalyse

What does Northern Ocean do?

Northern Ocean ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Northern Ocean's P/S Ratio

Northern Ocean'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 Northern Ocean'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 Northern Ocean'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 Northern Ocean’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 Northern Ocean stock

What is the price-to-earnings ratio of Northern Ocean?

The price-earnings ratio of Northern Ocean is currently 0.6.

How has the price-earnings ratio of Northern Ocean changed compared to last year?

The price-to-earnings ratio of Northern Ocean has increased by -34.07% 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 Northern Ocean high compared to other companies?

Yes, the price-to-earnings ratio of Northern Ocean is high compared to other companies.

How does an increase in the price-earnings ratio of Northern Ocean affect the company?

An increase in the price-earnings ratio of Northern Ocean 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 Northern Ocean affect the company?

A decrease in the price-earnings ratio of Northern Ocean 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 Northern Ocean?

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

How much dividend does Northern Ocean pay?

Over the past 12 months, Northern Ocean paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Northern Ocean is expected to pay a dividend of 0 USD.

What is the dividend yield of Northern Ocean?

The current dividend yield of Northern Ocean is .

When does Northern Ocean pay dividends?

Northern Ocean pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Northern Ocean?

Northern Ocean paid dividends every year for the past 0 years.

What is the dividend of Northern Ocean?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Northern Ocean located?

Northern Ocean is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Northern Ocean kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northern Ocean from 12/24/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/24/2024.

When did Northern Ocean pay the last dividend?

The last dividend was paid out on 12/24/2024.

What was the dividend of Northern Ocean in the year 2023?

In the year 2023, Northern Ocean distributed 0 USD as dividends.

In which currency does Northern Ocean pay out the dividend?

The dividends of Northern Ocean are distributed in USD.

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Andere Kennzahlen von Northern Ocean

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