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Stamford Tyres Corporation Stock

Stamford Tyres Corporation P/S 2024

Stamford Tyres Corporation P/S

0.08

Ticker

S29.SI

ISIN

SG1O53913362

As of Dec 19, 2024, Stamford Tyres Corporation's P/S ratio stood at 0.08, a -11.11% change from the 0.09 P/S ratio recorded in the previous year.

The Stamford Tyres Corporation P/S history

Stamford Tyres Corporation Aktienanalyse

What does Stamford Tyres Corporation do?

Stamford Tyres Corporation Ltd is a global provider of tires and wheels based in Singapore. The company was founded in 1930 and has undergone significant development since then. Initially, the company was limited to the local market in Singapore and only offered bicycle tires. However, Stamford Tyres has expanded its business over the years and is now a leading provider of tires and wheels for various types of vehicles. The company's business model is based on the import, export, and distribution of tires and wheels on a global scale. It works with renowned brands such as Bridgestone, Michelin, and Goodyear to offer a wide range of high-quality products. The company has diversified into various sectors to meet customer needs. In the aftermarket sector, the company focuses on selling tires and wheels to end consumers and workshops, offering a wide range of wheels and tires for various vehicles such as cars, trucks, buses, motorcycles, as well as off-road and off-road vehicles. In the motorsport sector, Stamford Tyres offers special racing tires for professional racers and teams, developed and manufactured based on research and development. Furthermore, the company is also involved in the automotive services sector, offering services such as tire mounting, balancing and alignment, as well as vehicle inspection and repair. Stamford Tyres also specializes in the industrial and transportation tire market, providing solutions for various applications such as construction and mining machinery, forklifts, and buses. The company's success is partly due to its ability to adapt to market and technological changes. In recent times, for example, the company has been involved in connectivity and digitization to provide customers with a better shopping experience. Stamford Tyres has also been a pioneer in the development of environmentally friendly products, focusing on manufacturing tires and wheels that reduce fuel consumption and thus decrease CO2 emissions. In summary, Stamford Tyres Corporation Ltd is a globally successful company specializing in the import, export, and distribution of tires and wheels. The company operates in various sectors, including the aftermarket, automotive services, motorsport, and the industrial and transportation tire market. Its products and services are developed based on research and development to meet the needs and requirements of customers. Stamford Tyres Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Stamford Tyres Corporation's P/S Ratio

Stamford Tyres Corporation'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 Stamford Tyres Corporation'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 Stamford Tyres Corporation'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 Stamford Tyres Corporation’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 Stamford Tyres Corporation stock

What is the price-to-earnings ratio of Stamford Tyres Corporation?

The price-earnings ratio of Stamford Tyres Corporation is currently 0.08.

How has the price-earnings ratio of Stamford Tyres Corporation changed compared to last year?

The price-to-earnings ratio of Stamford Tyres Corporation has increased by -11.11% 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 Stamford Tyres Corporation high compared to other companies?

Yes, the price-to-earnings ratio of Stamford Tyres Corporation is high compared to other companies.

How does an increase in the price-earnings ratio of Stamford Tyres Corporation affect the company?

An increase in the price-earnings ratio of Stamford Tyres Corporation 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 Stamford Tyres Corporation affect the company?

A decrease in the price-earnings ratio of Stamford Tyres Corporation 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 Stamford Tyres Corporation?

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

How much dividend does Stamford Tyres Corporation pay?

Over the past 12 months, Stamford Tyres Corporation paid a dividend of 0.02 SGD . This corresponds to a dividend yield of about 6.67 %. For the coming 12 months, Stamford Tyres Corporation is expected to pay a dividend of 0.03 SGD.

What is the dividend yield of Stamford Tyres Corporation?

The current dividend yield of Stamford Tyres Corporation is 6.67 %.

When does Stamford Tyres Corporation pay dividends?

Stamford Tyres Corporation pays a quarterly dividend. This is distributed in the months of November, October, October, October.

How secure is the dividend of Stamford Tyres Corporation?

Stamford Tyres Corporation paid dividends every year for the past 16 years.

What is the dividend of Stamford Tyres Corporation?

For the upcoming 12 months, dividends amounting to 0.03 SGD are expected. This corresponds to a dividend yield of 13.52 %.

In which sector is Stamford Tyres Corporation located?

Stamford Tyres Corporation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Stamford Tyres Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stamford Tyres Corporation from 9/24/2024 amounting to 0.005 SGD, you needed to have the stock in your portfolio before the ex-date on 9/12/2024.

When did Stamford Tyres Corporation pay the last dividend?

The last dividend was paid out on 9/24/2024.

What was the dividend of Stamford Tyres Corporation in the year 2023?

In the year 2023, Stamford Tyres Corporation distributed 0.015 SGD as dividends.

In which currency does Stamford Tyres Corporation pay out the dividend?

The dividends of Stamford Tyres Corporation are distributed in SGD.

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Andere Kennzahlen von Stamford Tyres Corporation

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