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Test Rite International Co Stock

Test Rite International Co P/S 2024

Test Rite International Co P/S

0.3

Ticker

2908.TW

ISIN

TW0002908001

As of Aug 21, 2024, Test Rite International Co's P/S ratio stood at 0.3, a 3.45% change from the 0.29 P/S ratio recorded in the previous year.

The Test Rite International Co P/S history

Test Rite International Co Aktienanalyse

What does Test Rite International Co do?

Test Rite International Co Ltd is a Taiwanese company that has evolved into a global corporation with numerous product divisions since its establishment in 1981. The company primarily focuses on the manufacturing and distribution of consumer goods, including household items, electronic products, as well as hardware and garden supplies. Test Rite's headquarters is located in Taipei, Taiwan. History of the company Test Rite was founded in 1981 by James Wu and initially started as a small importer of goods such as tools, hardware, and DIY supplies. The company rapidly expanded in the 1990s and was able to increase its revenue through the transition to private labels and the introduction of new products. It has since become one of Taiwan's leading companies, operating globally. Business model Test Rite's business concept is based on an efficient and transparent value chain that is focused on the utilization of cutting-edge technologies and services. An important success factor is the extensive network of production facilities in Asia that enables the company to operate cost-effectively. Company divisions Test Rite operates in a variety of sectors, including household items, hardware and garden supplies, electronics, and toys. The various divisions are marketed under different brand names such as Bonny, Simplicity, Style Selections, and Garden Oasis. Each brand is targeted towards a specific market and has its own identity and target audience. Products by Test Rite Test Rite offers a wide range of consumer goods, including household items such as tableware, kitchen utensils, chopping boards, irons, vacuum cleaners, and many more products. The hardware and garden supplies brand, Garden Oasis, offers products such as outdoor furniture, umbrellas, grills, and outdoor lighting. The electronics division includes brands such as Durabrand, Emerson, and Magnavox, offering television sets, DVD players, and other entertainment electronics. The toy brand, Simplicity, offers toys for children of all ages. Conclusion Test Rite International Co Ltd has become a significant player in the consumer goods industry. The wide range of products marketed under different brand names, as well as the variety of divisions offered, make Test Rite an important participant in the global markets. The company follows an innovative business concept that emphasizes cost-efficiency, modern technologies, and transparency, which is likely to ensure its continued success in the future. Test Rite International Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Test Rite International Co's P/S Ratio

Test Rite International Co'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 Test Rite International Co'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 Test Rite International Co'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 Test Rite International Co’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 Test Rite International Co stock

What is the price-to-earnings ratio of Test Rite International Co?

The price-earnings ratio of Test Rite International Co is currently 0.3.

How has the price-earnings ratio of Test Rite International Co changed compared to last year?

The price-to-earnings ratio of Test Rite International Co has increased by 3.45% 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 Test Rite International Co high compared to other companies?

Yes, the price-to-earnings ratio of Test Rite International Co is high compared to other companies.

How does an increase in the price-earnings ratio of Test Rite International Co affect the company?

An increase in the price-earnings ratio of Test Rite International Co 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 Test Rite International Co affect the company?

A decrease in the price-earnings ratio of Test Rite International Co 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 Test Rite International Co?

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

How much dividend does Test Rite International Co pay?

Over the past 12 months, Test Rite International Co paid a dividend of 1.28 TWD . This corresponds to a dividend yield of about 6.24 %. For the coming 12 months, Test Rite International Co is expected to pay a dividend of 1.28 TWD.

What is the dividend yield of Test Rite International Co?

The current dividend yield of Test Rite International Co is 6.24 %.

When does Test Rite International Co pay dividends?

Test Rite International Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Test Rite International Co?

Test Rite International Co paid dividends every year for the past 20 years.

What is the dividend of Test Rite International Co?

For the upcoming 12 months, dividends amounting to 1.28 TWD are expected. This corresponds to a dividend yield of 6.24 %.

In which sector is Test Rite International Co located?

Test Rite International Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Test Rite International Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Test Rite International Co from 7/5/2024 amounting to 0.583 TWD, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Test Rite International Co pay the last dividend?

The last dividend was paid out on 7/5/2024.

What was the dividend of Test Rite International Co in the year 2023?

In the year 2023, Test Rite International Co distributed 1.28 TWD as dividends.

In which currency does Test Rite International Co pay out the dividend?

The dividends of Test Rite International Co are distributed in TWD.

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Andere Kennzahlen von Test Rite International Co

Our stock analysis for Test Rite International Co 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 Test Rite International Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.