What is the price-to-earnings ratio of Steelcase?
The price-earnings ratio of Steelcase is currently 0.5.
Steelcase P/S 2024
Steelcase P/S
0.5
Ticker
SCS
ISIN
US8581552036
WKN
912283
As of Jun 20, 2024, Steelcase's P/S ratio stood at 0.5, a 117.39% change from the 0.23 P/S ratio recorded in the previous year.
The Steelcase P/S history
Steelcase Aktienanalyse
What does Steelcase do?
Steelcase Inc is a leading manufacturer of office furniture and furnishings based in Grand Rapids, Michigan. The company was founded in 1912 by cousins Peter Martin Wege and Walter D. Idema and now has over 11,000 employees worldwide in 80 countries. Steelcase ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Steelcase's P/S Ratio
Steelcase'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 Steelcase'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 Steelcase'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 Steelcase’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 Steelcase Stock
How has the price-earnings ratio of Steelcase changed compared to last year?
The price-to-earnings ratio of Steelcase has increased by 117.39% 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 Steelcase high compared to other companies?
Yes, the price-to-earnings ratio of Steelcase is high compared to other companies.
How does an increase in the price-earnings ratio of Steelcase affect the company?
An increase in the price-earnings ratio of Steelcase 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 Steelcase affect the company?
A decrease in the price-earnings ratio of Steelcase 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 Steelcase?
Some factors that influence the price-earnings ratio of Steelcase are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Steelcase pay?
Over the past 12 months, Steelcase paid a dividend of 0.2 USD . This corresponds to a dividend yield of about 1.59 %. For the coming 12 months, Steelcase is expected to pay a dividend of 0.19 USD.
What is the dividend yield of Steelcase?
The current dividend yield of Steelcase is 1.59 %.
When does Steelcase pay dividends?
Steelcase pays a quarterly dividend. This is distributed in the months of August, November, February, May.
How secure is the dividend of Steelcase?
Steelcase paid dividends every year for the past 25 years.
What is the dividend of Steelcase?
For the upcoming 12 months, dividends amounting to 0.19 USD are expected. This corresponds to a dividend yield of 1.53 %.
In which sector is Steelcase located?
Steelcase is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Steelcase kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Steelcase from 4/15/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 4/2/2024.
When did Steelcase pay the last dividend?
The last dividend was paid out on 4/15/2024.
What was the dividend of Steelcase in the year 2023?
In the year 2023, Steelcase distributed 0.3 USD as dividends.
In which currency does Steelcase pay out the dividend?
The dividends of Steelcase are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Steelcase
Our stock analysis for Steelcase 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 Steelcase Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
