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Socket Mobile - Stock

Socket Mobile P/E 2024

Socket Mobile P/E

-6.03

Ticker

SCKT

ISIN

US83368E2000

WKN

A0RBSN

As of Jul 7, 2024, Socket Mobile's P/E ratio was -6.03, a 9.64% change from the -5.5 P/E ratio recorded in the previous year.

The Socket Mobile P/E history

Socket Mobile Aktienanalyse

What does Socket Mobile do?

Socket Mobile Inc is a US-American company that was founded in 1992 and is headquartered in Newark, California. It emerged from the idea of producing mobile devices for use in retail and healthcare, with the aim of working faster and more efficiently. The model of Socket Mobile is to offer innovative mobile solutions for business processes and mobile data collection for various industries. The company specializes in the development and production of mobile barcode scanners. In addition, it also offers RFID scanners and software solutions for mobile use. The company serves a wide range of industries, including retail, healthcare, hospitality, logistics and transportation, government institutions, and more. An important part of the company is also the individual customization and integration of hardware or software solutions into the customer's infrastructure. Socket Mobile's products include a wide range of mobile barcode scanners that ensure high accuracy and durability. These include the DuraScan® D755, DuraScan® D730, DuraScan® D760, DuraScan® D600, and SocketScan® S840. The DuraScan® D755 is a robust handheld scanner that allows for fast and reliable barcode capture. It comes with a durable battery and Wi-Fi connectivity, making it a great asset for inventory or stock management inquiries. For use in healthcare, there is the DuraScan® D730 with disinfectant-compatible housing options. The SocketScan® S840 is a reliable, durable mobile scanner that is compatible with iOS, Android, and Windows devices. It features a 1D or 2D imaging scan engine and has Bluetooth connectivity. The scanner is also available in a kit that comes with a rugged, protective case and strap, making it perfect for applications across a wide range of industries. Another important product from Socket Mobile is the RFID scanner S550. This scanner is capable of reading RFID tags. The reception areas of RFID allow for quick reading, capturing, and storing of information from RFID tags. With the S550, it is possible to benefit from mobility and speed to accelerate comprehensive processes and ensure accuracy of data. Desinfectability and durability play an important role at Socket Mobile. The robust housings of the scanners and the low-mobility design make them reliable mobile solutions. With the individual cleaning options or the possibility to make the device housing resistant to the effects of disinfectants. Overall, Socket Mobile Inc has achieved a strong position in the field of mobile data collection and barcode technology with its mobile barcode scanners, RFID scanners, and software solutions. The company focuses on offering industry-specific applications with intuitive, user-friendly mobile solutions to enable its customers to work more effectively in the business world. Socket Mobile is therefore an important partner for business owners who need mobile solutions for their business processes. Socket Mobile ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Socket Mobile's P/E Ratio

The Price to Earnings (P/E) Ratio of Socket Mobile is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Socket Mobile's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Socket Mobile is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Socket Mobile’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Socket Mobile stock

What is the price-to-earnings ratio of Socket Mobile?

The price-earnings ratio of Socket Mobile is currently -6.03.

How has the price-earnings ratio of Socket Mobile changed compared to last year?

The price-to-earnings ratio of Socket Mobile has increased by 9.64% 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 Socket Mobile high compared to other companies?

Yes, the price-to-earnings ratio of Socket Mobile is high compared to other companies.

How does an increase in the price-earnings ratio of Socket Mobile affect the company?

An increase in the price-earnings ratio of Socket Mobile 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 Socket Mobile affect the company?

A decrease in the price-earnings ratio of Socket Mobile 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 Socket Mobile?

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

How much dividend does Socket Mobile pay?

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

What is the dividend yield of Socket Mobile?

The current dividend yield of Socket Mobile is .

When does Socket Mobile pay dividends?

Socket Mobile pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Socket Mobile?

Socket Mobile paid dividends every year for the past 0 years.

What is the dividend of Socket Mobile?

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

In which sector is Socket Mobile located?

Socket Mobile is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Socket Mobile kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Socket Mobile from 7/7/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/7/2024.

When did Socket Mobile pay the last dividend?

The last dividend was paid out on 7/7/2024.

What was the dividend of Socket Mobile in the year 2023?

In the year 2023, Socket Mobile distributed 0 USD as dividends.

In which currency does Socket Mobile pay out the dividend?

The dividends of Socket Mobile are distributed in USD.

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Andere Kennzahlen von Socket Mobile

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