What is the price-to-earnings ratio of Spire?
The price-earnings ratio of Spire is currently 1.16.
Spire P/S 2024
Spire P/S
1.16
Ticker
SR
ISIN
US84857L1017
WKN
A2AH7C
As of Jun 19, 2024, Spire's P/S ratio stood at 1.16, a -7.2% change from the 1.25 P/S ratio recorded in the previous year.
The Spire P/S history
Spire Aktienanalyse
What does Spire do?
Spire Inc is an energy supply company based in St. Louis, Missouri. It was founded in 1857 as "The Laclede Gas Light Company" and has undergone numerous changes since then. In 2001, it changed its name to "The Laclede Group, Inc." before being renamed "Spire" in 2016. Spire's business model focuses on providing gas supply services to residential and commercial customers in several states in the Midwest and South of the USA. The company is divided into three main divisions - gas supply, gas pipeline, and gas marketing. In the gas supply division, Spire is responsible for providing gas to over 1.7 million customers. This includes operating gas distribution systems, maintaining pipelines and gas meters, and repairing and installing gas-operated devices. Spire's gas pipeline division is responsible for the construction and operation of pipelines. This division is responsible for transporting gas from other sources to Spire's systems. The company works closely with other gas supply companies and energy providers for this purpose. On the other hand, Spire's gas marketing division handles the sale of gas to other companies and institutions that need it for their own purposes. This division also ensures reserve supplies for any potential shortages. Spire is extremely successful in all three divisions: In 2021, the company employs over 3,500 employees and is listed on the Nasdaq stock exchange in New York. With a revenue of $1.8 billion in the past year, it is one of the largest energy companies in the United States. In addition to its main divisions, Spire also offers its customers a range of products and services to make their gas supply more effective and efficient. These include smart thermostats that save energy and reduce heating costs, as well as the ability to track gas consumption and make payments online. The company is also committed to sustainability: With an actively managed program to reduce its carbon footprint, it is committed to further advancing renewable energy and becoming more climate-friendly. In summary, it can be said that Spire is an established energy supply company that successfully focuses on gas supply and the pipeline business. Thanks to its strong market presence and ability to quickly adapt to market changes, the company is able to serve its customers with excellent service quality, innovative products, and sustainable solutions. Spire ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Spire's P/S Ratio
Spire'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 Spire'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 Spire'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 Spire’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 Spire Stock
How has the price-earnings ratio of Spire changed compared to last year?
The price-to-earnings ratio of Spire has increased by -7.2% 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 Spire high compared to other companies?
Yes, the price-to-earnings ratio of Spire is high compared to other companies.
How does an increase in the price-earnings ratio of Spire affect the company?
An increase in the price-earnings ratio of Spire 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 Spire affect the company?
A decrease in the price-earnings ratio of Spire 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 Spire?
Some factors that influence the price-earnings ratio of Spire are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Spire pay?
Over the past 12 months, Spire paid a dividend of 2.92 USD . This corresponds to a dividend yield of about 4.99 %. For the coming 12 months, Spire is expected to pay a dividend of 2.95 USD.
What is the dividend yield of Spire?
The current dividend yield of Spire is 4.99 %.
When does Spire pay dividends?
Spire pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of Spire?
Spire paid dividends every year for the past 25 years.
What is the dividend of Spire?
For the upcoming 12 months, dividends amounting to 2.95 USD are expected. This corresponds to a dividend yield of 5.06 %.
In which sector is Spire located?
Spire is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Spire kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Spire from 7/2/2024 amounting to 0.755 USD, you needed to have the stock in your portfolio before the ex-date on 6/11/2024.
When did Spire pay the last dividend?
The last dividend was paid out on 7/2/2024.
What was the dividend of Spire in the year 2023?
In the year 2023, Spire distributed 2.775 USD as dividends.
In which currency does Spire pay out the dividend?
The dividends of Spire are distributed in USD.
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Andere Kennzahlen von Spire
Our stock analysis for Spire 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 Spire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
