Protective Insurance Stock

Protective Insurance P/S 2024

Protective Insurance P/S

0.43

Ticker

PTVCB

ISIN

US74368L2034

WKN

A2JRXG

As of Oct 28, 2024, Protective Insurance's P/S ratio stood at 0.43, a -15.69% change from the 0.51 P/S ratio recorded in the previous year.

The Protective Insurance P/S history

Protective Insurance Aktienanalyse

What does Protective Insurance do?

Protective Insurance Corp is an insurance company specializing in insuring businesses and their employees. It offers a wide range of insurance products, including commercial auto insurance, workers' compensation, and specialty insurance. The company was founded in 1930 and has over 80 years of experience in the industry. It provides comprehensive coverage for vehicles used in commercial operations, protection against workplace accidents and illnesses, and tailored insurance packages for specific customer needs. The company values its customer relationships and offers various services, such as employee training, accident prevention programs, and personalized consultation. Protective Insurance Corp has established itself as a trusted insurer and strives to be a reliable partner for businesses and employees. Protective Insurance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Protective Insurance's P/S Ratio

Protective Insurance'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 Protective Insurance'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 Protective Insurance'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 Protective Insurance’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 Protective Insurance stock

What is the price-to-earnings ratio of Protective Insurance?

The price-earnings ratio of Protective Insurance is currently 0.43.

How has the price-earnings ratio of Protective Insurance changed compared to last year?

The price-to-earnings ratio of Protective Insurance has increased by -15.69% 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 Protective Insurance high compared to other companies?

Yes, the price-to-earnings ratio of Protective Insurance is high compared to other companies.

How does an increase in the price-earnings ratio of Protective Insurance affect the company?

An increase in the price-earnings ratio of Protective Insurance 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 Protective Insurance affect the company?

A decrease in the price-earnings ratio of Protective Insurance 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 Protective Insurance?

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

How much dividend does Protective Insurance pay?

Over the past 12 months, Protective Insurance paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 1.72 %. For the coming 12 months, Protective Insurance is expected to pay a dividend of 0.4 USD.

What is the dividend yield of Protective Insurance?

The current dividend yield of Protective Insurance is 1.72 %.

When does Protective Insurance pay dividends?

Protective Insurance pays a quarterly dividend. This is distributed in the months of September, December, April, June.

How secure is the dividend of Protective Insurance?

Protective Insurance paid dividends every year for the past 20 years.

What is the dividend of Protective Insurance?

For the upcoming 12 months, dividends amounting to 0.4 USD are expected. This corresponds to a dividend yield of 1.72 %.

In which sector is Protective Insurance located?

Protective Insurance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Protective Insurance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Protective Insurance from 6/1/2021 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2021.

When did Protective Insurance pay the last dividend?

The last dividend was paid out on 6/1/2021.

What was the dividend of Protective Insurance in the year 2023?

In the year 2023, Protective Insurance distributed 0.4 USD as dividends.

In which currency does Protective Insurance pay out the dividend?

The dividends of Protective Insurance are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Protective Insurance

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