What is the price-to-earnings ratio of Tanger?
The price-earnings ratio of Tanger is currently 5.89.
Tanger P/S 2024
Tanger P/S
5.89
Ticker
SKT
ISIN
US8754651060
WKN
886676
As of Aug 16, 2024, Tanger's P/S ratio stood at 5.89, a 25.85% change from the 4.68 P/S ratio recorded in the previous year.
The Tanger P/S history
Tanger Aktienanalyse
What does Tanger do?
Tanger Factory Outlet Centers Inc. was founded in 1981 by Stanley Tanger and is based in Greensboro, North Carolina. The company operates 42 outlet centers in 22 states in the US and Canada. Tanger's business model focuses on offering branded products from various manufacturers in one location, including items from previous years, overstock, and sample collections, all sold at reduced prices. The company has become one of the leading outlet center operators in North America by providing a pleasant shopping atmosphere, a wide range of offerings, and special services such as concierge services and shuttle buses. Tanger's outlet malls cater to different niches depending on their location and target audience, with some focusing on lifestyle products, while others specialize in sportswear and outdoor equipment. Tanger Factory Outlet Centers also operates numerous online shops, offering the same discounted products conveniently through the internet. The company's range includes fashion, jewelry, sports equipment, toys, home accessories, and electronics, featuring well-known brands such as Adidas, Calvin Klein, Levi’s, and Michael Kors. Overall, Tanger Factory Outlet Centers has established itself as a significant representative of outlet malls in North America for the past 40 years, building a loyal customer base through its wide range of discounted branded products, inviting atmosphere, and exceptional services. Tanger ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Tanger's P/S Ratio
Tanger'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 Tanger'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 Tanger'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 Tanger’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 Tanger stock
How has the price-earnings ratio of Tanger changed compared to last year?
The price-to-earnings ratio of Tanger has increased by 25.85% 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 Tanger high compared to other companies?
Yes, the price-to-earnings ratio of Tanger is high compared to other companies.
How does an increase in the price-earnings ratio of Tanger affect the company?
An increase in the price-earnings ratio of Tanger 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 Tanger affect the company?
A decrease in the price-earnings ratio of Tanger 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 Tanger?
Some factors that influence the price-earnings ratio of Tanger are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Tanger pay?
Over the past 12 months, Tanger paid a dividend of 0.97 USD . This corresponds to a dividend yield of about 3.42 %. For the coming 12 months, Tanger is expected to pay a dividend of 0.63 USD.
What is the dividend yield of Tanger?
The current dividend yield of Tanger is 3.42 %.
When does Tanger pay dividends?
Tanger pays a quarterly dividend. This is distributed in the months of November, February, May, August.
How secure is the dividend of Tanger?
Tanger paid dividends every year for the past 23 years.
What is the dividend of Tanger?
For the upcoming 12 months, dividends amounting to 0.63 USD are expected. This corresponds to a dividend yield of 2.22 %.
In which sector is Tanger located?
Tanger is assigned to the 'Real Estate' sector.
Wann musste ich die Aktien von Tanger kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tanger from 8/15/2024 amounting to 0.275 USD, you needed to have the stock in your portfolio before the ex-date on 7/31/2024.
When did Tanger pay the last dividend?
The last dividend was paid out on 8/15/2024.
What was the dividend of Tanger in the year 2023?
In the year 2023, Tanger distributed 0.803 USD as dividends.
In which currency does Tanger pay out the dividend?
The dividends of Tanger are distributed in USD.
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Andere Kennzahlen von Tanger
Our stock analysis for Tanger 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 Tanger Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
