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Solitron Devices - Stock

Solitron Devices P/S 2024

Solitron Devices P/S

3.38

Ticker

SODI

ISIN

US8342562084

WKN

A0D83Q

As of Jun 30, 2024, Solitron Devices's P/S ratio stood at 3.38, a 112.58% change from the 1.59 P/S ratio recorded in the previous year.

The Solitron Devices P/S history

Solitron Devices Aktienanalyse

What does Solitron Devices do?

Solitron Devices Inc is a US-based company that has been developing and producing innovative technologies since its founding in 1959. The company is headquartered in Florida and offers a wide portfolio of semiconductor components, power supply systems, and subsystems. The history of Solitron Devices Inc began with its founding by Louis Rosenbaum and his daughter Judith Rosenbaum. They wanted to contribute to the progress in the electronics industry and brought their innovative ideas to fruition. In the 1960s, Solitron Devices Inc was a pioneer in the production of solid-state relays, which are now used in various applications from the electronics industry to telecommunications. Over the years, Solitron Devices Inc has expanded its business activities into other areas. The company now operates in three main divisions: semiconductor components, power supply, and subsystems. The "semiconductor components" division is the core of the company. Here, Solitron Devices Inc develops and produces a variety of power semiconductors, integrated circuits, and other electronic components. These components are used in many different industries. For example, they are used in the aerospace and defense industry to improve and make equipment for aircraft and rockets more reliable. But they are also used in the automotive industry for controlling engines, navigation systems, and other important functions. The "power supply" division offers a wide range of power supply products for various applications. Solitron Devices Inc has established itself as a reliable partner for power supply system developers in this field. The company produces AC/DC and DC/DC converters, battery chargers, switching power supplies, and much more. These products are used in the telecommunications industry, industrial control applications, power supplies for railway systems, and many other areas. The "subsystems" division offers complete electronic systems for specialized applications. Solutions for measuring UV radiation are developed here, which are used in research, healthcare, and medicine. These subsystems are also used for industrial applications, such as the automated control of production processes or monitoring environmental conditions in critical facilities. Solitron Devices Inc also maintains a research and development department that focuses on developing new technologies and improving existing products. The company is also committed to making its products environmentally friendly and implementing sustainable practices in its operational processes. Overall, Solitron Devices Inc has proven over the years to be a solid presence in the electronics industry. The company has established itself as a reliable partner for its customers and offers innovative and effective solutions for a wide range of applications. The future of Solitron Devices Inc looks promising: the company continues to invest in research and development to further improve its products and explore new business fields. Solitron Devices ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Solitron Devices's P/S Ratio

Solitron Devices'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 Solitron Devices'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 Solitron Devices'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 Solitron Devices’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 Solitron Devices Stock

What is the price-to-earnings ratio of Solitron Devices?

The price-earnings ratio of Solitron Devices is currently 3.38.

How has the price-earnings ratio of Solitron Devices changed compared to last year?

The price-to-earnings ratio of Solitron Devices has increased by 112.58% 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 Solitron Devices high compared to other companies?

Yes, the price-to-earnings ratio of Solitron Devices is high compared to other companies.

How does an increase in the price-earnings ratio of Solitron Devices affect the company?

An increase in the price-earnings ratio of Solitron Devices 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 Solitron Devices affect the company?

A decrease in the price-earnings ratio of Solitron Devices 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 Solitron Devices?

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

How much dividend does Solitron Devices pay?

Over the past 12 months, Solitron Devices paid a dividend of 0.25 USD . This corresponds to a dividend yield of about 1.32 %. For the coming 12 months, Solitron Devices is expected to pay a dividend of 0 USD.

What is the dividend yield of Solitron Devices?

The current dividend yield of Solitron Devices is 1.32 %.

When does Solitron Devices pay dividends?

Solitron Devices pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Solitron Devices?

Solitron Devices paid dividends every year for the past 0 years.

What is the dividend of Solitron Devices?

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

In which sector is Solitron Devices located?

Solitron Devices is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Solitron Devices kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Solitron Devices from 7/22/2015 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 6/25/2015.

When did Solitron Devices pay the last dividend?

The last dividend was paid out on 7/22/2015.

What was the dividend of Solitron Devices in the year 2023?

In the year 2023, Solitron Devices distributed 0 USD as dividends.

In which currency does Solitron Devices pay out the dividend?

The dividends of Solitron Devices are distributed in USD.

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Andere Kennzahlen von Solitron Devices

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