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Skycity Entertainment Group Stock

Skycity Entertainment Group P/S 2024

Skycity Entertainment Group P/S

1.56

Ticker

SKC.NZ

ISIN

NZSKCE0001S2

WKN

906352

As of Nov 18, 2024, Skycity Entertainment Group's P/S ratio stood at 1.56, a -21.21% change from the 1.98 P/S ratio recorded in the previous year.

The Skycity Entertainment Group P/S history

Skycity Entertainment Group Aktienanalyse

What does Skycity Entertainment Group do?

Skycity Entertainment Group Ltd specializes in providing entertainment, gaming, and leisure activities. The company was founded in 1996 by SKYCITY and has expanded to become one of the largest providers of gambling and leisure activities in New Zealand and Australia. Skycity Entertainment Group Ltd offers a wide range of services, including casino games, slot machines, restaurants, bars, hotels, and entertainment venues. The company follows a vertical integration strategy to improve efficiency and service quality. Skycity Entertainment Group Ltd operates casinos in New Zealand and Australia, including luxury casinos in Auckland, Hamilton, Queenstown, and Adelaide. The company also operates hotels and restaurants that are often connected to its casinos. Additionally, Skycity Entertainment Group Ltd hosts various entertainment events. Overall, Skycity Entertainment Group Ltd is a diversified company that offers a comprehensive entertainment experience to its customers. Skycity Entertainment Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Skycity Entertainment Group's P/S Ratio

Skycity Entertainment 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 Skycity Entertainment 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 Skycity Entertainment 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 Skycity Entertainment 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 Skycity Entertainment Group stock

What is the price-to-earnings ratio of Skycity Entertainment Group?

The price-earnings ratio of Skycity Entertainment Group is currently 1.56.

How has the price-earnings ratio of Skycity Entertainment Group changed compared to last year?

The price-to-earnings ratio of Skycity Entertainment Group has increased by -21.21% 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 Skycity Entertainment Group high compared to other companies?

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

How does an increase in the price-earnings ratio of Skycity Entertainment Group affect the company?

An increase in the price-earnings ratio of Skycity Entertainment 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 Skycity Entertainment Group affect the company?

A decrease in the price-earnings ratio of Skycity Entertainment 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 Skycity Entertainment Group?

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

How much dividend does Skycity Entertainment Group pay?

Over the past 12 months, Skycity Entertainment Group paid a dividend of 0.08 NZD . This corresponds to a dividend yield of about 5.87 %. For the coming 12 months, Skycity Entertainment Group is expected to pay a dividend of 0.08 NZD.

What is the dividend yield of Skycity Entertainment Group?

The current dividend yield of Skycity Entertainment Group is 5.87 %.

When does Skycity Entertainment Group pay dividends?

Skycity Entertainment Group pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Skycity Entertainment Group?

Skycity Entertainment Group paid dividends every year for the past 5 years.

What is the dividend of Skycity Entertainment Group?

For the upcoming 12 months, dividends amounting to 0.08 NZD are expected. This corresponds to a dividend yield of 5.79 %.

In which sector is Skycity Entertainment Group located?

Skycity Entertainment Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Skycity Entertainment Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Skycity Entertainment Group from 3/21/2024 amounting to 0.082 NZD, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.

When did Skycity Entertainment Group pay the last dividend?

The last dividend was paid out on 3/21/2024.

What was the dividend of Skycity Entertainment Group in the year 2023?

In the year 2023, Skycity Entertainment Group distributed 0.188 NZD as dividends.

In which currency does Skycity Entertainment Group pay out the dividend?

The dividends of Skycity Entertainment Group are distributed in NZD.

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Andere Kennzahlen von Skycity Entertainment Group

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