What is the price-to-earnings ratio of Openlane?
The price-earnings ratio of Openlane is currently 20.61.
Openlane P/E 2024
Openlane P/E
20.61
Ticker
KAR
ISIN
US48238T1097
WKN
A0YF1W
As of Dec 22, 2024, Openlane's P/E ratio was 20.61, a -349.82% change from the -8.25 P/E ratio recorded in the previous year.
The Openlane P/E history
Openlane Aktienanalyse
What does Openlane do?
KAR Auction Services Inc is a leading global provider of vehicle auctions and related services. The company was founded in 1993 and is headquartered in Carmel, Indiana. The history of KAR Auction Services began with the founding of ADESA, a company specializing in the trade of used vehicles. Over the years, several companies have been acquired and integrated into the KAR Auction Services family. Today, the company is one of the largest and fastest growing in the industry. The core business of KAR Auction Services involves organizing vehicle auctions. Dealers, auto repair shops, leasing companies, and other businesses can offer and sell or buy their used cars at auctions. The auctions take place both online and in physical auction houses. The company's customers benefit from the high efficiency of the sales process and can quickly and easily find the desired models thanks to the large inventory of vehicles. KAR Auction Services also operates a range of technology-based services and solutions to support car dealers and other companies in the vehicle industry. This includes a digital bidding system that facilitates the buying and selling of vehicles for dealers. Financing and insurance services are also offered. The company is divided into various segments to provide its customers with a wide and comprehensive range of services. The "Auctions" segment includes the organization of auctions, which take place both online and in physical auction houses. The "Digital" segment offers digital services, such as the digital bidding system that facilitates the buying and selling of vehicles for dealers. The "Financing" segment offers financing and insurance services. Products offered by KAR Auction Services include all types of vehicles, including cars, trucks, and motorcycles. The vehicles can be used or new and are offered by companies and dealers from around the world at the auctions. The company is able to process both individual items and large orders. Overall, KAR Auction Services Inc is a dynamic company that has made a name for itself in the vehicle auction market and the automotive industry. With its wide range of services and products, innovative technology, and global network, the company is perfectly positioned to continue to be successful in the future. Customers also benefit from this, as they can experience the fast and efficient sales and purchasing process of vehicles. Openlane ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Openlane's P/E Ratio
The Price to Earnings (P/E) Ratio of Openlane is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Openlane's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Openlane is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Openlane’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Openlane stock
How has the price-earnings ratio of Openlane changed compared to last year?
The price-to-earnings ratio of Openlane has increased by -349.82% 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 Openlane high compared to other companies?
Yes, the price-to-earnings ratio of Openlane is high compared to other companies.
How does an increase in the price-earnings ratio of Openlane affect the company?
An increase in the price-earnings ratio of Openlane 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 Openlane affect the company?
A decrease in the price-earnings ratio of Openlane 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 Openlane?
Some factors that influence the price-earnings ratio of Openlane are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Openlane pay?
Over the past 12 months, Openlane paid a dividend of 0.19 USD . This corresponds to a dividend yield of about 0.94 %. For the coming 12 months, Openlane is expected to pay a dividend of 0.64 USD.
What is the dividend yield of Openlane?
The current dividend yield of Openlane is 0.94 %.
When does Openlane pay dividends?
Openlane pays a quarterly dividend. This is distributed in the months of June, October, January, April.
How secure is the dividend of Openlane?
Openlane paid dividends every year for the past 3 years.
What is the dividend of Openlane?
For the upcoming 12 months, dividends amounting to 0.64 USD are expected. This corresponds to a dividend yield of 3.15 %.
In which sector is Openlane located?
Openlane is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Openlane kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Openlane from 4/3/2020 amounting to 0.19 USD, you needed to have the stock in your portfolio before the ex-date on 3/19/2020.
When did Openlane pay the last dividend?
The last dividend was paid out on 4/3/2020.
What was the dividend of Openlane in the year 2023?
In the year 2023, Openlane distributed 0 USD as dividends.
In which currency does Openlane pay out the dividend?
The dividends of Openlane are distributed in USD.
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Andere Kennzahlen von Openlane
Our stock analysis for Openlane 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 Openlane Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
