Pure Storage Stock

Pure Storage P/S 2024

Pure Storage P/S

7.03

Ticker

PSTG

ISIN

US74624M1027

WKN

A14YFN

As of Oct 1, 2024, Pure Storage's P/S ratio stood at 7.03, a 66.59% change from the 4.22 P/S ratio recorded in the previous year.

The Pure Storage P/S history

Pure Storage Aktienanalyse

What does Pure Storage do?

Pure Storage Inc. is a company in the data solutions sector specializing in high-performance storage systems for businesses. It was founded in 2009 by John Hayes, John Colgrove, and Mike Speiser in Mountain View, California. Pure Storage aims to provide innovative and affordable storage solutions through a combination of advanced technologies and an efficient business model. Its "Evergreen Storage" concept ensures continuous technological advancements to meet customer demands. The company offers various products and services in areas such as cloud, big data, AI, machine learning, and enterprise. Its flagship products include FlashBlade, designed for modern applications like AI, machine learning, and big data, and FlashArray, which provides high performance and availability with minimal space and power consumption. Pure Storage has also partnered with NVIDIA to develop AI-enabled applications and maximize operational efficiency and performance. Its global customer base includes companies like Salesforce, Netflix, DocuSign, and Dropbox. In summary, Pure Storage is an innovative and rapidly growing company focused on affordable and efficient storage solutions. Pure Storage ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Pure Storage's P/S Ratio

Pure Storage'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 Pure Storage'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 Pure Storage'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 Pure Storage’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 Pure Storage stock

What is the price-to-earnings ratio of Pure Storage?

The price-earnings ratio of Pure Storage is currently 7.03.

How has the price-earnings ratio of Pure Storage changed compared to last year?

The price-to-earnings ratio of Pure Storage has increased by 66.59% 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 Pure Storage high compared to other companies?

Yes, the price-to-earnings ratio of Pure Storage is high compared to other companies.

How does an increase in the price-earnings ratio of Pure Storage affect the company?

An increase in the price-earnings ratio of Pure Storage 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 Pure Storage affect the company?

A decrease in the price-earnings ratio of Pure Storage 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 Pure Storage?

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

How much dividend does Pure Storage pay?

Over the past 12 months, Pure Storage paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Pure Storage is expected to pay a dividend of 0 USD.

What is the dividend yield of Pure Storage?

The current dividend yield of Pure Storage is .

When does Pure Storage pay dividends?

Pure Storage pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Pure Storage?

Pure Storage paid dividends every year for the past 0 years.

What is the dividend of Pure Storage?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Pure Storage located?

Pure Storage is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Pure Storage kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Pure Storage from 10/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Pure Storage pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of Pure Storage in the year 2023?

In the year 2023, Pure Storage distributed 0 USD as dividends.

In which currency does Pure Storage pay out the dividend?

The dividends of Pure Storage are distributed in USD.

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Andere Kennzahlen von Pure Storage

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