Sparebank 1 Ringerike Hadeland Stock

Sparebank 1 Ringerike Hadeland P/S 2024

Sparebank 1 Ringerike Hadeland P/S

3.74

Ticker

RING.OL

ISIN

NO0006390400

As of Aug 20, 2024, Sparebank 1 Ringerike Hadeland's P/S ratio stood at 3.74, a 43.3% change from the 2.61 P/S ratio recorded in the previous year.

The Sparebank 1 Ringerike Hadeland P/S history

Sparebank 1 Ringerike Hadeland Aktienanalyse

What does Sparebank 1 Ringerike Hadeland do?

Sparebank 1 Ringerike Hadeland ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Sparebank 1 Ringerike Hadeland's P/S Ratio

Sparebank 1 Ringerike Hadeland'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 Sparebank 1 Ringerike Hadeland'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 Sparebank 1 Ringerike Hadeland'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 Sparebank 1 Ringerike Hadeland’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 Sparebank 1 Ringerike Hadeland stock

What is the price-to-earnings ratio of Sparebank 1 Ringerike Hadeland?

The price-earnings ratio of Sparebank 1 Ringerike Hadeland is currently 3.74.

How has the price-earnings ratio of Sparebank 1 Ringerike Hadeland changed compared to last year?

The price-to-earnings ratio of Sparebank 1 Ringerike Hadeland has increased by 43.3% 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 Sparebank 1 Ringerike Hadeland high compared to other companies?

Yes, the price-to-earnings ratio of Sparebank 1 Ringerike Hadeland is high compared to other companies.

How does an increase in the price-earnings ratio of Sparebank 1 Ringerike Hadeland affect the company?

An increase in the price-earnings ratio of Sparebank 1 Ringerike Hadeland 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 Sparebank 1 Ringerike Hadeland affect the company?

A decrease in the price-earnings ratio of Sparebank 1 Ringerike Hadeland 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 Sparebank 1 Ringerike Hadeland?

Some factors that influence the price-earnings ratio of Sparebank 1 Ringerike Hadeland are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Sparebank 1 Ringerike Hadeland pay?

Over the past 12 months, Sparebank 1 Ringerike Hadeland paid a dividend of 13.1 NOK . This corresponds to a dividend yield of about 4.31 %. For the coming 12 months, Sparebank 1 Ringerike Hadeland is expected to pay a dividend of 13.7 NOK.

What is the dividend yield of Sparebank 1 Ringerike Hadeland?

The current dividend yield of Sparebank 1 Ringerike Hadeland is 4.31 %.

When does Sparebank 1 Ringerike Hadeland pay dividends?

Sparebank 1 Ringerike Hadeland pays a quarterly dividend. This is distributed in the months of December, April, April, April.

How secure is the dividend of Sparebank 1 Ringerike Hadeland?

Sparebank 1 Ringerike Hadeland paid dividends every year for the past 23 years.

What is the dividend of Sparebank 1 Ringerike Hadeland?

For the upcoming 12 months, dividends amounting to 13.7 NOK are expected. This corresponds to a dividend yield of 4.51 %.

In which sector is Sparebank 1 Ringerike Hadeland located?

Sparebank 1 Ringerike Hadeland is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Sparebank 1 Ringerike Hadeland kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sparebank 1 Ringerike Hadeland from 4/2/2024 amounting to 20 NOK, you needed to have the stock in your portfolio before the ex-date on 3/21/2024.

When did Sparebank 1 Ringerike Hadeland pay the last dividend?

The last dividend was paid out on 4/2/2024.

What was the dividend of Sparebank 1 Ringerike Hadeland in the year 2023?

In the year 2023, Sparebank 1 Ringerike Hadeland distributed 13.9 NOK as dividends.

In which currency does Sparebank 1 Ringerike Hadeland pay out the dividend?

The dividends of Sparebank 1 Ringerike Hadeland are distributed in NOK.

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Andere Kennzahlen von Sparebank 1 Ringerike Hadeland

Our stock analysis for Sparebank 1 Ringerike Hadeland 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 Sparebank 1 Ringerike Hadeland Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.