Sea Harvest Group Stock

Sea Harvest Group P/S 2024

Sea Harvest Group P/S

28.69

Ticker

SHG.JO

ISIN

ZAE000240198

As of Sep 30, 2024, Sea Harvest Group's P/S ratio stood at 28.69, a -33.77% change from the 43.32 P/S ratio recorded in the previous year.

The Sea Harvest Group P/S history

Sea Harvest Group Aktienanalyse

What does Sea Harvest Group do?

Sea Harvest Group Ltd. is one of the largest fishing and food companies in South Africa, with its headquarters in Cape Town. The company was founded in 1964 and has since become a significant representative of the South African fishing industry. The business model of Sea Harvest is based on fishing, aquaculture, and the processing of fish and seafood. The company has always placed a strong focus on sustainability and environmental protection, following the approach of responsible fishing and aquaculture to maintain ecological balance. The company is divided into several divisions to serve different markets and segments. These include fishing, aquaculture, and processing. Sea Harvest operates multiple ships for fishing in different marine areas. The products can be sold fresh in the market or delivered to the company's production facilities for further processing. The company also has aquaculture sites for breeding fish and seafood to meet the demand for fresh products. Additionally, Sea Harvest operates several production facilities where fish and seafood are further processed, either being frozen or transformed into various products such as fish fingers, fish patties, or shrimp. The product offering of Sea Harvest includes a wide variety of fish and seafood, including salmon, sea bream, shrimp, crab, and oysters. The company is well-known for its fish fingers and fish patties, available in different sizes and flavors, popular among both children and adults. Sea Harvest also offers a range of frozen products like fish fingers, fish patties, and shrimp, providing easy-to-prepare, quick, and delicious meals. Furthermore, the company produces various ready-to-eat meals such as sushi, soups, and stews, available in many flavors, offering a convenient and simple way to prepare a tasty meal. In summary, Sea Harvest Group Ltd. is a significant member of the South African fishing industry. The company has developed a wide range of products over the years, ranging from fresh fish and seafood to ready-to-eat meals and frozen products. Sea Harvest is recognized in the industry for its commitment to environmental protection and sustainability, following the approach of sustainable fishing and aquaculture. Sea Harvest Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Sea Harvest Group's P/S Ratio

Sea Harvest Group'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 Sea Harvest Group'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 Sea Harvest Group'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 Sea Harvest Group’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 Sea Harvest Group stock

What is the price-to-earnings ratio of Sea Harvest Group?

The price-earnings ratio of Sea Harvest Group is currently 28.69.

How has the price-earnings ratio of Sea Harvest Group changed compared to last year?

The price-to-earnings ratio of Sea Harvest Group has increased by -33.77% 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 Sea Harvest Group high compared to other companies?

Yes, the price-to-earnings ratio of Sea Harvest Group is high compared to other companies.

How does an increase in the price-earnings ratio of Sea Harvest Group affect the company?

An increase in the price-earnings ratio of Sea Harvest Group 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 Sea Harvest Group affect the company?

A decrease in the price-earnings ratio of Sea Harvest Group 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 Sea Harvest Group?

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

How much dividend does Sea Harvest Group pay?

Over the past 12 months, Sea Harvest Group paid a dividend of 0.38 ZAR . This corresponds to a dividend yield of about 0.04 %. For the coming 12 months, Sea Harvest Group is expected to pay a dividend of 0.4 ZAR.

What is the dividend yield of Sea Harvest Group?

The current dividend yield of Sea Harvest Group is 0.04 %.

When does Sea Harvest Group pay dividends?

Sea Harvest Group pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Sea Harvest Group?

Sea Harvest Group paid dividends every year for the past 9 years.

What is the dividend of Sea Harvest Group?

For the upcoming 12 months, dividends amounting to 0.4 ZAR are expected. This corresponds to a dividend yield of 0.05 %.

In which sector is Sea Harvest Group located?

Sea Harvest Group is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Sea Harvest Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sea Harvest Group from 4/8/2024 amounting to 0.4 ZAR, you needed to have the stock in your portfolio before the ex-date on 4/3/2024.

When did Sea Harvest Group pay the last dividend?

The last dividend was paid out on 4/8/2024.

What was the dividend of Sea Harvest Group in the year 2023?

In the year 2023, Sea Harvest Group distributed 0.56 ZAR as dividends.

In which currency does Sea Harvest Group pay out the dividend?

The dividends of Sea Harvest Group are distributed in ZAR.

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Andere Kennzahlen von Sea Harvest Group

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