What is the price-to-earnings ratio of Openlane?
The price-earnings ratio of Openlane is currently 1.1.
Openlane P/S 2024
Openlane P/S
1.1
Ticker
KAR
ISIN
US48238T1097
WKN
A0YF1W
As of Sep 28, 2024, Openlane's P/S ratio stood at 1.1, a 10% change from the 1 P/S ratio recorded in the previous year.
The Openlane P/S 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/S Details
Decoding Openlane's P/S Ratio
Openlane'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 Openlane'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 Openlane'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 Openlane’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 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 10% 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 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 1.13 %. For the coming 12 months, Openlane is expected to pay a dividend of 0 USD.
What is the dividend yield of Openlane?
The current dividend yield of Openlane is 1.13 %.
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 USD are expected. This corresponds to a dividend yield of 0 %.
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.
