What is the price-to-earnings ratio of SHIFT?
The price-earnings ratio of SHIFT is currently 2.31.
SHIFT P/S 2024
SHIFT P/S
2.31
Ticker
3697.T
ISIN
JP3355400007
WKN
A12D58
As of Jun 27, 2024, SHIFT's P/S ratio stood at 2.31, a -53.14% change from the 4.93 P/S ratio recorded in the previous year.
The SHIFT P/S history
SHIFT Aktienanalyse
What does SHIFT do?
Shift Inc is a US-based company headquartered in San Francisco, California. It was founded in 2013 by George Arison, Christian Ohler, Minnie Ingersoll, and Chris Heimann, and specializes in the field of used car brokerage. The idea behind the company came from the founders' personal experience. They found that buying and selling used cars often comes with problems and uncertainties. The founders decided to simplify and modernize this market by creating a platform that allows customers to quickly and easily sell or buy used cars. Shift's business model is based on the brokerage of used cars. Customers can have their vehicle evaluated on Shift's website and receive an offer within minutes. If they accept the offer, Shift picks up the vehicle and handles the entire sales process, including refunding the purchase price. Shift also offers customers a warranty for the sold vehicles, which is valid for a limited time after the purchase. The company collaborates with a number of insurance companies for this. In addition to selling used cars, Shift also offers a range of services for customers looking for a new vehicle. The company compares offers from different dealers and helps its customers find the vehicle that best suits their needs. Shift also offers financing options for vehicle purchases. The company has continuously evolved in recent years and now has multiple business areas. One of them is the online marketplace for used cars. Here, customers can evaluate and sell their vehicles for free. Another business area of Shift is online brokerage of car insurance. On Shift's website, customers can compare various car insurance options and select one tailored to their needs. Shift has also partnered with Uber to make it easier for drivers to buy used vehicles. The program offers financing solutions for vehicle purchases, as well as insurance and maintenance services. The company has achieved a high growth rate in recent years and is now active in several US cities. It has received funding from several prominent investors, allowing it to expand its business further. Overall, Shift is an innovative company that aims to simplify and modernize the used car market. With its versatile offerings and sophisticated online system, it has quickly established itself as one of the industry leaders. SHIFT ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding SHIFT's P/S Ratio
SHIFT'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 SHIFT'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 SHIFT'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 SHIFT’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 SHIFT Stock
How has the price-earnings ratio of SHIFT changed compared to last year?
The price-to-earnings ratio of SHIFT has increased by -53.14% 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 SHIFT high compared to other companies?
Yes, the price-to-earnings ratio of SHIFT is high compared to other companies.
How does an increase in the price-earnings ratio of SHIFT affect the company?
An increase in the price-earnings ratio of SHIFT 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 SHIFT affect the company?
A decrease in the price-earnings ratio of SHIFT 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 SHIFT?
Some factors that influence the price-earnings ratio of SHIFT are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does SHIFT pay?
Over the past 12 months, SHIFT paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, SHIFT is expected to pay a dividend of 0 JPY.
What is the dividend yield of SHIFT?
The current dividend yield of SHIFT is .
When does SHIFT pay dividends?
SHIFT pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of SHIFT?
SHIFT paid dividends every year for the past 0 years.
What is the dividend of SHIFT?
For the upcoming 12 months, dividends amounting to 0 JPY are expected. This corresponds to a dividend yield of 0 %.
In which sector is SHIFT located?
SHIFT is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von SHIFT kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of SHIFT from 6/27/2024 amounting to 0 JPY, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.
When did SHIFT pay the last dividend?
The last dividend was paid out on 6/27/2024.
What was the dividend of SHIFT in the year 2023?
In the year 2023, SHIFT distributed 0 JPY as dividends.
In which currency does SHIFT pay out the dividend?
The dividends of SHIFT are distributed in JPY.
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Andere Kennzahlen von SHIFT
Our stock analysis for SHIFT 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 SHIFT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
