Otis Worldwide P/S 2024

Otis Worldwide P/S

2.71

Otis Worldwide Dividend yield

1.34 %

Ticker

OTIS

ISIN

US68902V1070

WKN

A2P1UZ

As of May 27, 2024, Otis Worldwide's P/S ratio stood at 2.71, a 13.87% change from the 2.38 P/S ratio recorded in the previous year.

The Otis Worldwide P/S history

Otis Worldwide Aktienanalyse

What does Otis Worldwide do?

Otis Worldwide Corp is a company that operates in the elevator and escalator manufacturing industry. The company's headquarters is located in Farmington, Connecticut, USA, and it has branches all over the world. Otis Worldwide ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Otis Worldwide's P/S Ratio

Otis Worldwide'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 Otis Worldwide'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 Otis Worldwide'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 Otis Worldwide’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 Otis Worldwide Stock

What is the price-to-earnings ratio of Otis Worldwide?

The price-earnings ratio of Otis Worldwide is currently 2.71.

How has the price-earnings ratio of Otis Worldwide changed compared to last year?

The price-to-earnings ratio of Otis Worldwide has increased by 13.87% 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 Otis Worldwide high compared to other companies?

Yes, the price-to-earnings ratio of Otis Worldwide is high compared to other companies.

How does an increase in the price-earnings ratio of Otis Worldwide affect the company?

An increase in the price-earnings ratio of Otis Worldwide 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 Otis Worldwide affect the company?

A decrease in the price-earnings ratio of Otis Worldwide 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 Otis Worldwide?

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

How much dividend does Otis Worldwide pay?

Over the past 12 months, Otis Worldwide paid a dividend of 1.31 USD . This corresponds to a dividend yield of about 1.34 %. For the coming 12 months, Otis Worldwide is expected to pay a dividend of 1.09 USD.

What is the dividend yield of Otis Worldwide?

The current dividend yield of Otis Worldwide is 1.34 %.

When does Otis Worldwide pay dividends?

Otis Worldwide pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Otis Worldwide?

Otis Worldwide paid dividends every year for the past 10 years.

What is the dividend of Otis Worldwide?

For the upcoming 12 months, dividends amounting to 1.09 USD are expected. This corresponds to a dividend yield of 1.12 %.

In which sector is Otis Worldwide located?

Otis Worldwide is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Otis Worldwide kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Otis Worldwide from 6/7/2024 amounting to 0.39 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Otis Worldwide pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Otis Worldwide in the year 2023?

In the year 2023, Otis Worldwide distributed 1.11 USD as dividends.

In which currency does Otis Worldwide pay out the dividend?

The dividends of Otis Worldwide are distributed in USD.

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Andere Kennzahlen von Otis Worldwide

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