Toray Industries - Stock

Toray Industries P/S 2024

Toray Industries P/S

0.52

Ticker

3402.T

ISIN

JP3621000003

WKN

853974

As of Jul 2, 2024, Toray Industries's P/S ratio stood at 0.52, a 10.64% change from the 0.47 P/S ratio recorded in the previous year.

The Toray Industries P/S history

Toray Industries Aktienanalyse

What does Toray Industries do?

Toray Industries Inc. is a Japanese multinational company that specializes in the production of advanced materials and chemicals. It was founded in 1926 and is headquartered in Tokyo, Japan. The company's main business areas include the manufacturing of various products such as nylon, polyester, ABS resin, carbon fibers, textiles, films, batteries, electronic materials, cables, and paper. Toray has a rich history and has expanded its operations to become a leader in the plastic and textile industry. Its main business model consists of three divisions: the carbon fiber and composite materials division, the environmental and engineering division, and the chemical division. The carbon fiber and composite materials division is responsible for the development of carbon fibers and innovative materials for industries such as aerospace, automotive, and shipbuilding. Toray is the largest manufacturer of carbon fiber laminates in the world and has partnerships with renowned companies such as Lamborghini, Ferrari, Boeing, and Airbus. The environmental and engineering division focuses on the production of materials for water treatment, desalination, gas filtration, and wastewater treatment. Additionally, Toray is one of the largest producers of lithium-ion battery materials used in electronic devices. The chemical division specializes in the development of specialized chemicals, particularly high-quality plastics such as PET, PBT, and ABS. Toray is committed to research and development, continuously striving to bring new products to the market. The company has received numerous patents and awards for its innovations in material technology. Sustainability and environmental compatibility are also important considerations for Toray during the production process. In conclusion, Toray Industries Inc. is a leading global company that manufactures a wide range of advanced materials and chemicals. Its breakthroughs in carbon fiber technology and focus on sustainability have solidified its position as a leader in the plastic and textile industry. Toray Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Toray Industries's P/S Ratio

Toray Industries'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 Toray Industries'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 Toray Industries'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 Toray Industries’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 Toray Industries Stock

What is the price-to-earnings ratio of Toray Industries?

The price-earnings ratio of Toray Industries is currently 0.52.

How has the price-earnings ratio of Toray Industries changed compared to last year?

The price-to-earnings ratio of Toray Industries has increased by 10.64% 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 Toray Industries high compared to other companies?

Yes, the price-to-earnings ratio of Toray Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Toray Industries affect the company?

An increase in the price-earnings ratio of Toray Industries 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 Toray Industries affect the company?

A decrease in the price-earnings ratio of Toray Industries 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 Toray Industries?

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

How much dividend does Toray Industries pay?

Over the past 12 months, Toray Industries paid a dividend of 18 JPY . This corresponds to a dividend yield of about 2.36 %. For the coming 12 months, Toray Industries is expected to pay a dividend of 18.71 JPY.

What is the dividend yield of Toray Industries?

The current dividend yield of Toray Industries is 2.36 %.

When does Toray Industries pay dividends?

Toray Industries pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Toray Industries?

Toray Industries paid dividends every year for the past 23 years.

What is the dividend of Toray Industries?

For the upcoming 12 months, dividends amounting to 18.71 JPY are expected. This corresponds to a dividend yield of 2.46 %.

In which sector is Toray Industries located?

Toray Industries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Toray Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Toray Industries from 12/1/2024 amounting to 9 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Toray Industries pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Toray Industries in the year 2023?

In the year 2023, Toray Industries distributed 18 JPY as dividends.

In which currency does Toray Industries pay out the dividend?

The dividends of Toray Industries are distributed in JPY.

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Andere Kennzahlen von Toray Industries

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