Storebrand A Stock

Storebrand A P/S 2024

Storebrand A P/S

6.68

Ticker

STB.OL

ISIN

NO0003053605

WKN

867218

As of Sep 10, 2024, Storebrand A's P/S ratio stood at 6.68, a -111.16% change from the -59.86 P/S ratio recorded in the previous year.

The Storebrand A P/S history

Storebrand A Aktienanalyse

What does Storebrand A do?

Storebrand ASA is a Norwegian company specializing in financial and insurance services. The company was founded in 1767 and is one of the oldest companies in Norway. Storebrand ASA has always been a company of pioneers, focusing on developing new products and services to benefit customers. The company's business model is to offer financial and insurance services to private and business customers to meet their requirements. The company offers various services, including pensions, investments, insurance, asset management, and consulting. Storebrand ASA has several divisions, including Storebrand Livsforsikring, Storebrand Eiendom, Storebrand Asset Management, and Storebrand Bank. Storebrand Livsforsikring is the insurance division of Storebrand ASA, offering various life insurance and pension plans to customers. These include pension and life insurance for personal and professional purposes. Storebrand Eiendom is the real estate division of Storebrand ASA, managing and investing in Norwegian properties. Storebrand Asset Management is responsible for the company's asset management, offering institutional customers various types of investment and asset management services. Storebrand Bank is the banking division of Storebrand ASA, offering credit cards, current accounts, and savings products to private customers. Storebrand ASA is also known as an ethical company. The company is committed to making ethical and sustainable investments and has included an ethics clause in its investment policy. The company has developed some of its funds in collaboration with various NGOs and institutions to ensure that the investments are ethical and sustainable. The company has also invested in research and development to continuously improve its products and services. Storebrand ASA has taken a leading position in digital solutions and innovative technologies to provide its customers with a highly efficient and user-friendly experience. Storebrand ASA has well-known customers, including companies and organizations such as the Norwegian Pension Fund, the US state of Illinois, the Norwegian Raiffeisen Association, Orkla ASA, and Shell. The company has also received several awards, including the Financial Times' Sustainability Leaders Award. Overall, Storebrand ASA is an established and recognized company in Norway and has positioned itself as a company offering a wide range of financial and insurance services tailored to the needs of its customers. The company is also dedicated to sustainability and ethical investment, making it a preferred partner for many companies and organizations. Storebrand A ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Storebrand A's P/S Ratio

Storebrand A'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 Storebrand A'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 Storebrand A'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 Storebrand A’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 Storebrand A stock

What is the price-to-earnings ratio of Storebrand A?

The price-earnings ratio of Storebrand A is currently 6.68.

How has the price-earnings ratio of Storebrand A changed compared to last year?

The price-to-earnings ratio of Storebrand A has increased by -111.16% 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 Storebrand A high compared to other companies?

Yes, the price-to-earnings ratio of Storebrand A is high compared to other companies.

How does an increase in the price-earnings ratio of Storebrand A affect the company?

An increase in the price-earnings ratio of Storebrand A 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 Storebrand A affect the company?

A decrease in the price-earnings ratio of Storebrand A 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 Storebrand A?

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

How much dividend does Storebrand A pay?

Over the past 12 months, Storebrand A paid a dividend of 3.7 NOK . This corresponds to a dividend yield of about 3.23 %. For the coming 12 months, Storebrand A is expected to pay a dividend of 3.81 NOK.

What is the dividend yield of Storebrand A?

The current dividend yield of Storebrand A is 3.23 %.

When does Storebrand A pay dividends?

Storebrand A pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Storebrand A?

Storebrand A paid dividends every year for the past 6 years.

What is the dividend of Storebrand A?

For the upcoming 12 months, dividends amounting to 3.81 NOK are expected. This corresponds to a dividend yield of 3.33 %.

In which sector is Storebrand A located?

Storebrand A is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Storebrand A kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Storebrand A from 4/16/2024 amounting to 4.1 NOK, you needed to have the stock in your portfolio before the ex-date on 4/5/2024.

When did Storebrand A pay the last dividend?

The last dividend was paid out on 4/16/2024.

What was the dividend of Storebrand A in the year 2023?

In the year 2023, Storebrand A distributed 3.5 NOK as dividends.

In which currency does Storebrand A pay out the dividend?

The dividends of Storebrand A are distributed in NOK.

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Andere Kennzahlen von Storebrand A

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