What is the price-to-earnings ratio of Tubacex?
The price-earnings ratio of Tubacex is currently 0.46.
Tubacex P/S 2024
Tubacex P/S
0.46
Ticker
TUB.MC
ISIN
ES0132945017
WKN
861378
As of Sep 11, 2024, Tubacex's P/S ratio stood at 0.46, a 24.32% change from the 0.37 P/S ratio recorded in the previous year.
The Tubacex P/S history
Tubacex Aktienanalyse
What does Tubacex do?
Tubacex SA is a Spanish company specializing in the production of seamless stainless steel pipes. The company was founded in 1963 and is headquartered in Llodio, a city in the province of Alava in northern Spain. Tubacex SA's history began as a small family-run company specializing in the production of alloyed steel and stainless steel pipes. Over the years, the company has expanded its offering by adding plastic pipes and pumps to its stainless steel pipe range. Today, Tubacex SA is a leading global provider of seamless stainless steel and aluminum pipes used in various industries such as oil and gas, energy, petrochemicals, automotive, and aerospace. The company offers a wide range of pipes in different sizes and grades that meet the strict standards and demands of customers. The production of seamless stainless steel pipes requires high technical expertise and special skills. Consequently, Tubacex SA invests significant time and resources in research and development to ensure that its pipes meet the highest quality standards and provide customers with the utmost reliability and durability. Tubacex SA's business model is heavily focused on exports. The company exports more than 90% of its pipes to over 100 countries worldwide. This is due to Tubacex SA's global presence, with manufacturing facilities in Spain, the United States, Austria, India, and Thailand. Tubacex SA operates in various business areas, including: - Energy: The company supplies the energy industry with seamless stainless steel pipes for water and steam power plants, as well as nuclear facilities. - Oil and Gas: Tubacex SA offers pipes for the offshore oil and gas industry, as well as for oil and gas exploration, drilling, and production. - Petrochemicals: The company provides pipes for the transportation of chemicals, natural gas, and other petrochemical products. - Automotive: Tubacex SA produces pipes for the automotive industry, particularly for exhaust systems and catalytic converters. - Aerospace: The company supplies the aerospace industry with pipes for aircraft engines and other applications. In recent years, Tubacex SA has also consolidated its position in the industry through acquisitions and mergers. For example, in 2015, the company made two significant acquisitions: the French company Prakash Steelage, a leading producer of stainless steel pipes for the oil and gas industry, and the Italian Trafiltubi, a provider of precision tubes for various industries. Overall, Tubacex SA is a leading provider of seamless stainless steel pipes for various industries. The company has a long history in pipe production and has continuously expanded its offering over the years to meet the needs of its customers. With its global presence and extensive technical capabilities, Tubacex SA is well-positioned to continue playing a strong role in the industry in the future. Tubacex ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Tubacex's P/S Ratio
Tubacex'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 Tubacex'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 Tubacex'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 Tubacex’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 Tubacex stock
How has the price-earnings ratio of Tubacex changed compared to last year?
The price-to-earnings ratio of Tubacex has increased by 24.32% 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 Tubacex high compared to other companies?
Yes, the price-to-earnings ratio of Tubacex is high compared to other companies.
How does an increase in the price-earnings ratio of Tubacex affect the company?
An increase in the price-earnings ratio of Tubacex 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 Tubacex affect the company?
A decrease in the price-earnings ratio of Tubacex 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 Tubacex?
Some factors that influence the price-earnings ratio of Tubacex are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Tubacex pay?
Over the past 12 months, Tubacex paid a dividend of 0.06 EUR . This corresponds to a dividend yield of about 2.33 %. For the coming 12 months, Tubacex is expected to pay a dividend of 0.06 EUR.
What is the dividend yield of Tubacex?
The current dividend yield of Tubacex is 2.33 %.
When does Tubacex pay dividends?
Tubacex pays a quarterly dividend. This is distributed in the months of February, June, July, August.
How secure is the dividend of Tubacex?
Tubacex paid dividends every year for the past 5 years.
What is the dividend of Tubacex?
For the upcoming 12 months, dividends amounting to 0.06 EUR are expected. This corresponds to a dividend yield of 2.16 %.
In which sector is Tubacex located?
Tubacex is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Tubacex kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tubacex from 7/4/2024 amounting to 0.118 EUR, you needed to have the stock in your portfolio before the ex-date on 7/2/2024.
When did Tubacex pay the last dividend?
The last dividend was paid out on 7/4/2024.
What was the dividend of Tubacex in the year 2023?
In the year 2023, Tubacex distributed 0 EUR as dividends.
In which currency does Tubacex pay out the dividend?
The dividends of Tubacex are distributed in EUR.
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Andere Kennzahlen von Tubacex
Our stock analysis for Tubacex 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 Tubacex Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
