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Owens Corning - Stock

Owens Corning P/S 2024

Owens Corning P/S

1.59

Ticker

OC

ISIN

US6907421019

WKN

A0LCN9

As of Jun 30, 2024, Owens Corning's P/S ratio stood at 1.59, a 55.88% change from the 1.02 P/S ratio recorded in the previous year.

The Owens Corning P/S history

Owens Corning Aktienanalyse

What does Owens Corning do?

Owens Corning is a globally leading manufacturer of building materials and insulation materials. The company was founded in 1935 as a joint venture between Owens-Illinois Glass Company and Corning Glass Works. Since then, Owens Corning has become a global company with over 19,000 employees in 33 countries. Owens Corning's business model is to develop and manufacture innovative and sustainable products for the construction and infrastructure market. The company specializes in providing solutions for thermal, acoustic, and moisture insulation of buildings, as well as protection of structures against fire and floods. In addition, Owens Corning is also involved in the production of composite and fiberglass products used in various applications, including automotive, aerospace, and wind energy. The company is divided into three main business segments: Insulation Solutions, Roofing and Building Materials, and Composites. The Insulation Solutions segment specializes in the production of thermal, acoustic, and moisture insulation materials. Key products include fiberglass insulation, air sealing products, attic insulation, and foam insulation. The Roofing and Building Materials segment specializes in the production of roofing and building products. Key products include roofing shingles, insulation boards, wall claddings, and fiberglass products for structural construction. The Composites segment specializes in the production of fiberglass, carbon, and aramid products used in various applications. Key application areas include automotive, aerospace, and wind energy industries. The company is also involved in the production of fabrics, mats, and films. Owens Corning has evolved into a responsible company committed to sustainability and environmental protection. The company has committed to producing all its products sustainably by 2030 to reduce its ecological footprint. Furthermore, it aims to reduce its greenhouse gas emissions by 50% by 2030. Overall, Owens Corning is a globally leading manufacturer of building materials and insulation materials dedicated to developing innovative and sustainable products. Through its wide range of products and services, as well as its commitment to sustainability, the company will remain an important player in the construction and infrastructure market in the future. Owens Corning ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Owens Corning's P/S Ratio

Owens Corning'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 Owens Corning'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 Owens Corning'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 Owens Corning’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 Owens Corning Stock

What is the price-to-earnings ratio of Owens Corning?

The price-earnings ratio of Owens Corning is currently 1.59.

How has the price-earnings ratio of Owens Corning changed compared to last year?

The price-to-earnings ratio of Owens Corning has increased by 55.88% 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 Owens Corning high compared to other companies?

Yes, the price-to-earnings ratio of Owens Corning is high compared to other companies.

How does an increase in the price-earnings ratio of Owens Corning affect the company?

An increase in the price-earnings ratio of Owens Corning 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 Owens Corning affect the company?

A decrease in the price-earnings ratio of Owens Corning 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 Owens Corning?

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

How much dividend does Owens Corning pay?

Over the past 12 months, Owens Corning paid a dividend of 2.08 USD . This corresponds to a dividend yield of about 1.2 %. For the coming 12 months, Owens Corning is expected to pay a dividend of 2.57 USD.

What is the dividend yield of Owens Corning?

The current dividend yield of Owens Corning is 1.2 %.

When does Owens Corning pay dividends?

Owens Corning pays a quarterly dividend. This is distributed in the months of August, November, March, April.

How secure is the dividend of Owens Corning?

Owens Corning paid dividends every year for the past 13 years.

What is the dividend of Owens Corning?

For the upcoming 12 months, dividends amounting to 2.57 USD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Owens Corning located?

Owens Corning is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Owens Corning kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Owens Corning from 4/4/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.

When did Owens Corning pay the last dividend?

The last dividend was paid out on 4/4/2024.

What was the dividend of Owens Corning in the year 2023?

In the year 2023, Owens Corning distributed 1.4 USD as dividends.

In which currency does Owens Corning pay out the dividend?

The dividends of Owens Corning are distributed in USD.

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Andere Kennzahlen von Owens Corning

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