What is the price-to-earnings ratio of PLAYSTUDIOS?
The price-earnings ratio of PLAYSTUDIOS is currently 1.02.
PLAYSTUDIOS P/S 2024
PLAYSTUDIOS P/S
1.02
Ticker
MYPS
ISIN
US72815G1085
WKN
A3CSZN
As of Sep 6, 2024, PLAYSTUDIOS's P/S ratio stood at 1.02, a -46.32% change from the 1.9 P/S ratio recorded in the previous year.
The PLAYSTUDIOS P/S history
PLAYSTUDIOS Aktienanalyse
What does PLAYSTUDIOS do?
Playstudios Inc is a leading developer of social casino games that is dedicated to creating high-quality and entertaining online games and applications for the gaming industry. The company was founded in 2011 by an experienced leadership team based in Las Vegas. The goal of Playstudios was to create unique player experiences for fans of casino games while integrating a new social dimension into this genre. The business idea of Playstudios is to offer free games to users, which are delivered to a virtual shop with different types of currencies. These currencies can be purchased with real money, but they are not convertible or redeemable for cash. This method, known as "free-to-play," allows users to play the games for free, but also provides the opportunity to reach more advanced levels faster with the purchased currencies or even access more exclusive content. The Playstudios platform currently includes several branches, including myVegas, myKonami, and Pop! Slots. Both platforms offer a wide range of casino games such as slots, blackjack, video poker, and roulette. Players can connect with other players and friends through social features and share their progress. Additionally, they can also collect VIP programs and rewards such as free stays at affiliated casinos and restaurants. However, the flagship of Playstudios is the myVegas network, which has been steadily growing since its introduction in 2012. The myVegas Network is a collection of games developed in collaboration with renowned partners such as MGM Resorts, Cirque du Soleil, and others. This includes popular slot machines such as Excalibur, Mirage, and the Bellagio. The special thing about myVegas is that it offers rewards programs that allow users to accumulate points and then exchange them for free stays, food, drinks, or even experiences like helicopter flights over the Grand Canyon. The company has also pursued a mobile strategy that makes the platform accessible on mobile phones or tablets. The app versions of Pop! Slots and myVegas have expanded the games to mobile devices, making the gaming experience even more flexible and accessible. Playstudios has maximized its reach and growth potential in a highly interesting segment of the gaming market by spreading to mobile devices. Overall, Playstudios stands out by not only offering free casino games but also providing the opportunity to earn real money through the purchase of virtual currencies. Collaborating with partner brands like MGM and Cirque du Soleil also allows for offering exceptional rewards to players. With its long history and ongoing development and expansion, Playstudios continues to strengthen its position in the overall value chain of the gaming industry. PLAYSTUDIOS ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding PLAYSTUDIOS's P/S Ratio
PLAYSTUDIOS'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 PLAYSTUDIOS'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 PLAYSTUDIOS'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 PLAYSTUDIOS’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 PLAYSTUDIOS stock
How has the price-earnings ratio of PLAYSTUDIOS changed compared to last year?
The price-to-earnings ratio of PLAYSTUDIOS has increased by -46.32% 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 PLAYSTUDIOS high compared to other companies?
Yes, the price-to-earnings ratio of PLAYSTUDIOS is high compared to other companies.
How does an increase in the price-earnings ratio of PLAYSTUDIOS affect the company?
An increase in the price-earnings ratio of PLAYSTUDIOS 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 PLAYSTUDIOS affect the company?
A decrease in the price-earnings ratio of PLAYSTUDIOS 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 PLAYSTUDIOS?
Some factors that influence the price-earnings ratio of PLAYSTUDIOS are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does PLAYSTUDIOS pay?
Over the past 12 months, PLAYSTUDIOS paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, PLAYSTUDIOS is expected to pay a dividend of 0 USD.
What is the dividend yield of PLAYSTUDIOS?
The current dividend yield of PLAYSTUDIOS is .
When does PLAYSTUDIOS pay dividends?
PLAYSTUDIOS pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of PLAYSTUDIOS?
PLAYSTUDIOS paid dividends every year for the past 0 years.
What is the dividend of PLAYSTUDIOS?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is PLAYSTUDIOS located?
PLAYSTUDIOS is assigned to the 'Communication' sector.
Wann musste ich die Aktien von PLAYSTUDIOS kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of PLAYSTUDIOS from 9/6/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.
When did PLAYSTUDIOS pay the last dividend?
The last dividend was paid out on 9/6/2024.
What was the dividend of PLAYSTUDIOS in the year 2023?
In the year 2023, PLAYSTUDIOS distributed 0 USD as dividends.
In which currency does PLAYSTUDIOS pay out the dividend?
The dividends of PLAYSTUDIOS are distributed in USD.
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Andere Kennzahlen von PLAYSTUDIOS
Our stock analysis for PLAYSTUDIOS 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 PLAYSTUDIOS Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.