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Stingray Group Stock

Stingray Group P/E 2024

Stingray Group P/E

-35.2

Ticker

RAY.A.TO

ISIN

CA86084H1001

WKN

A2PASS

As of Sep 13, 2024, Stingray Group's P/E ratio was -35.2, a -392.12% change from the 12.05 P/E ratio recorded in the previous year.

The Stingray Group P/E history

Stingray Group Aktienanalyse

What does Stingray Group do?

Stingray Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Stingray Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Stingray Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Stingray Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Stingray Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Stingray Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Stingray Group stock

What is the price-to-earnings ratio of Stingray Group?

The price-earnings ratio of Stingray Group is currently -35.2.

How has the price-earnings ratio of Stingray Group changed compared to last year?

The price-to-earnings ratio of Stingray Group has increased by -392.12% 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 Stingray Group high compared to other companies?

Yes, the price-to-earnings ratio of Stingray Group is high compared to other companies.

How does an increase in the price-earnings ratio of Stingray Group affect the company?

An increase in the price-earnings ratio of Stingray Group 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 Stingray Group affect the company?

A decrease in the price-earnings ratio of Stingray Group 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 Stingray Group?

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

How much dividend does Stingray Group pay?

Over the past 12 months, Stingray Group paid a dividend of 0.22 CAD . This corresponds to a dividend yield of about 3.07 %. For the coming 12 months, Stingray Group is expected to pay a dividend of 0.23 CAD.

What is the dividend yield of Stingray Group?

The current dividend yield of Stingray Group is 3.07 %.

When does Stingray Group pay dividends?

Stingray Group pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Stingray Group?

Stingray Group paid dividends every year for the past 13 years.

What is the dividend of Stingray Group?

For the upcoming 12 months, dividends amounting to 0.23 CAD are expected. This corresponds to a dividend yield of 3.17 %.

In which sector is Stingray Group located?

Stingray Group is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Stingray Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stingray Group from 9/13/2024 amounting to 0.075 CAD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Stingray Group pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of Stingray Group in the year 2023?

In the year 2023, Stingray Group distributed 0.3 CAD as dividends.

In which currency does Stingray Group pay out the dividend?

The dividends of Stingray Group are distributed in CAD.

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Andere Kennzahlen von Stingray Group

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