What is the price-to-earnings ratio of Salzgitter?
The price-earnings ratio of Salzgitter is currently 0.12.
Salzgitter P/S 2024
Salzgitter P/S
0.12
Salzgitter Dividend yield
4.44 %
Ticker
SZG.DE
ISIN
DE0006202005
WKN
620200
As of May 15, 2024, Salzgitter's P/S ratio stood at 0.12, a -20% change from the 0.15 P/S ratio recorded in the previous year.
The Salzgitter P/S history
Salzgitter Aktienanalyse
What does Salzgitter do?
Salzgitter AG is a globally operating company based in Salzgitter, Lower Saxony. Founded in 1858 as the first German Bodeneisenbahn-Gesellschaft (German Soil Railway Company), the company has undergone several transformations over the years and is now established as a steel and technology conglomerate. The business model of Salzgitter AG is based on three pillars - steel, technology, and services. In the steel division, the company is one of Europe's leading flat steel producers, capable of delivering custom solutions for various industries. The main business sectors include the automotive industry, construction, energy providers, and industrial furnaces. The technology division encompasses all activities of Salzgitter AG related to steel production and operation of industrial furnaces. Additionally, the technology division includes other activities such as the development of flat steel surfaces, hot-rolled products, and customized steel solutions. The third pillar of the business model is the services sector. Here, Salzgitter AG specializes in the maintenance and repair of industrial plants. The range of services includes maintenance and repair services as well as logistical solutions in the steel industry. The company offers a wide range of products and services tailored to the needs of various industries. The product range includes hot and cold rolled strips, hardened and tempered spring steels, bearing steels, as well as zinc, magnesium, aluminum, and zinc-magnesium-coated products. Salzgitter AG is divided into various divisions, including a steel production division, a pipe and wire production division, a Mannesmann pipe production company, a galvanized aircraft parts production company, and a technology division. Each division has specialized expertise that enables it to offer specific solutions for different industries. The history of Salzgitter AG dates back to the 19th century. The origins of the company lie in the founding of the first German Bodeneisenbahn-Gesellschaft, which began the construction of the first German telegraph line network. During World War II, the company played an important role in armament production, but after the war, it was nationalized and reestablished under the name "Reichswerke Hermann Göring." However, it did not take long for the company to distance itself from the dark times and start fresh as Salzgitter Stahl AG. Over the years, the company grew through numerous mergers and acquisitions until Salzgitter Stahl AG finally merged with Ilseder Hütte AG in 1998 and became Salzgitter AG. Today, Salzgitter AG is a global leading company employing over 25,000 people and generating an annual revenue of over 8 billion euros. With its wide range of products and services, the company is present in many markets and delivers solutions tailored to the needs of its customers. Salzgitter ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Salzgitter's P/S Ratio
Salzgitter'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 Salzgitter'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 Salzgitter'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 Salzgitter’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 Salzgitter Stock
How has the price-earnings ratio of Salzgitter changed compared to last year?
The price-to-earnings ratio of Salzgitter has increased by -20% 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 Salzgitter high compared to other companies?
Yes, the price-to-earnings ratio of Salzgitter is high compared to other companies.
How does an increase in the price-earnings ratio of Salzgitter affect the company?
An increase in the price-earnings ratio of Salzgitter 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 Salzgitter affect the company?
A decrease in the price-earnings ratio of Salzgitter 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 Salzgitter?
Some factors that influence the price-earnings ratio of Salzgitter are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Salzgitter pay?
Over the past 12 months, Salzgitter paid a dividend of 1 EUR . This corresponds to a dividend yield of about 4.44 %. For the coming 12 months, Salzgitter is expected to pay a dividend of 1.21 EUR.
What is the dividend yield of Salzgitter?
The current dividend yield of Salzgitter is 4.44 %.
When does Salzgitter pay dividends?
Salzgitter pays a quarterly dividend. This is distributed in the months of June, July, June, June.
How secure is the dividend of Salzgitter?
Salzgitter paid dividends every year for the past 5 years.
What is the dividend of Salzgitter?
For the upcoming 12 months, dividends amounting to 1.21 EUR are expected. This corresponds to a dividend yield of 5.38 %.
In which sector is Salzgitter located?
Salzgitter is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Salzgitter kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Salzgitter from 6/3/2024 amounting to 0.45 EUR, you needed to have the stock in your portfolio before the ex-date on 5/30/2024.
When did Salzgitter pay the last dividend?
The last dividend was paid out on 6/3/2024.
What was the dividend of Salzgitter in the year 2023?
In the year 2023, Salzgitter distributed 0.75 EUR as dividends.
In which currency does Salzgitter pay out the dividend?
The dividends of Salzgitter are distributed in EUR.
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Andere Kennzahlen von Salzgitter
Our stock analysis for Salzgitter 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 Salzgitter Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
