What is the price-to-earnings ratio of Tecnoglass?
The price-earnings ratio of Tecnoglass is currently 2.68.
Tecnoglass P/S 2024
Tecnoglass P/S
2.68
Ticker
TGLS
ISIN
KYG872641009
WKN
A1XBE8
As of Oct 11, 2024, Tecnoglass's P/S ratio stood at 2.68, a 20.72% change from the 2.22 P/S ratio recorded in the previous year.
The Tecnoglass P/S history
Tecnoglass Aktienanalyse
What does Tecnoglass do?
Tecnoglass Inc. is a Colombian company specializing in the production of high-quality architectural glass and aluminum systems. The company was founded in 1984 by Santiago Giraldo and Jose M. Daes in Barranquilla, Colombia. In its early years, Tecnoglass Inc. primarily focused on manufacturing windows and doors. Over the years, however, the company expanded its business to offer a wider range of products, including glass facades, glass railings, shower enclosures, terrace slabs, and interior doors. Today, Tecnoglass Inc. is a leading manufacturer of architectural glass and aluminum systems in North America, Europe, and Latin America. The company operates a manufacturing facility in Colombia with more than 1,500 employees and has sales offices in Miami, Florida, and Bogota, Colombia. Tecnoglass Inc.'s business model is focused on providing high-quality products and services tailored to the needs and requirements of customers. The company has earned a reputation as a leading provider of customized solutions for demanding architectural projects and has continued to expand its product line. The different divisions of Tecnoglass Inc. include: 1. Architectural glass: The company offers a wide range of architectural glass, including insulated glass, laminated glass, safety glass, and decorative glass. 2. Aluminum systems: Tecnoglass Inc. also produces custom aluminum systems for windows, doors, and facades. 3. Sun protection systems: The company offers a variety of sun protection systems, including vertical blinds, horizontal blinds, and folding awnings. 4. Other products: Tecnoglass Inc. also manufactures terrace slabs, glass railings, shower enclosures, and interior doors. The company's broad product range allows Tecnoglass Inc. to meet a wide range of customer needs and establish itself as a complete provider of architectural solutions. In recent years, Tecnoglass Inc. has expanded its presence in the North American market and has continued to grow through strategic acquisitions and partnerships. The company has partnerships with leading architectural firms and construction companies in the United States and Canada and is pursuing an aggressive expansion strategy to further increase its market share. One example of Tecnoglass Inc.'s partnerships and acquisitions is the acquisition of Euroglass in France. This acquisition has allowed the company to strengthen its presence in the European market and expand its product range. Another important initiative of Tecnoglass Inc. is its focus on sustainability. The company aims to develop environmentally friendly products and implement environmentally friendly manufacturing processes to reduce its ecological footprint. Overall, Tecnoglass Inc. has experienced an impressive rise in the past decades and has established itself as a leading manufacturer of architectural glass and aluminum systems. The company has a strong market position in North America, Europe, and Latin America and is pursuing an aggressive expansion strategy to further increase its presence and market share. Tecnoglass ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Tecnoglass's P/S Ratio
Tecnoglass'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 Tecnoglass'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 Tecnoglass'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 Tecnoglass’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 Tecnoglass stock
How has the price-earnings ratio of Tecnoglass changed compared to last year?
The price-to-earnings ratio of Tecnoglass has increased by 20.72% 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 Tecnoglass high compared to other companies?
Yes, the price-to-earnings ratio of Tecnoglass is high compared to other companies.
How does an increase in the price-earnings ratio of Tecnoglass affect the company?
An increase in the price-earnings ratio of Tecnoglass 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 Tecnoglass affect the company?
A decrease in the price-earnings ratio of Tecnoglass 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 Tecnoglass?
Some factors that influence the price-earnings ratio of Tecnoglass are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Tecnoglass pay?
Over the past 12 months, Tecnoglass paid a dividend of 0.36 USD . This corresponds to a dividend yield of about 0.5 %. For the coming 12 months, Tecnoglass is expected to pay a dividend of 0.5 USD.
What is the dividend yield of Tecnoglass?
The current dividend yield of Tecnoglass is 0.5 %.
When does Tecnoglass pay dividends?
Tecnoglass pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Tecnoglass?
Tecnoglass paid dividends every year for the past 12 years.
What is the dividend of Tecnoglass?
For the upcoming 12 months, dividends amounting to 0.5 USD are expected. This corresponds to a dividend yield of 0.69 %.
In which sector is Tecnoglass located?
Tecnoglass is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Tecnoglass kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tecnoglass from 10/31/2024 amounting to 0.11 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.
When did Tecnoglass pay the last dividend?
The last dividend was paid out on 10/31/2024.
What was the dividend of Tecnoglass in the year 2023?
In the year 2023, Tecnoglass distributed 0.28 USD as dividends.
In which currency does Tecnoglass pay out the dividend?
The dividends of Tecnoglass are distributed in USD.
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Andere Kennzahlen von Tecnoglass
Our stock analysis for Tecnoglass 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 Tecnoglass Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
