What is the price-to-earnings ratio of WEX?
The price-earnings ratio of WEX is currently 2.93.
WEX P/S 2024
WEX P/S
2.93
Ticker
WEX
ISIN
US96208T1043
WKN
A1J7A6
As of Sep 16, 2024, WEX's P/S ratio stood at 2.93, a 1.74% change from the 2.88 P/S ratio recorded in the previous year.
The WEX P/S history
WEX Aktienanalyse
What does WEX do?
WEX Inc is a globally operating provider of payment solutions serving business customers. The company offers a variety of payment solutions that enable companies to manage payments, pay invoices, measure profitability, and conduct data analysis. The company is headquartered in South Portland, Maine, USA, and operates in 15 countries. The history of WEX Inc dates back to 1983 when the company was founded under the name Wright Express. The original business idea was to offer a credit card for businesses to pay for fuel and repairs for their fleets. Over the years, the company has evolved into a leading provider of payment solutions for business customers. Today, WEX Inc operates in three main business segments: Fuel Cards, Corporate Payments, and Fleet Solutions. Fuel Cards provide companies with a way to manage and control their fuel expenses. Customers can access a variety of fueling stations and networks supported by WEX to refuel their fleets. Additionally, the company offers a mobile app for customers to pay their bills and track their expenses. Corporate Payments provides companies with a platform to make payments to suppliers and other businesses. Customers can also utilize virtual credit cards for online payments and other transactions. The platform offers numerous features, including automated invoice processing and analysis tools, to help customers reduce costs and control expenses. Fleet Solutions offers companies a suite of tools to effectively manage their fleets. This includes telematics systems that enable companies to track the positions of their vehicles and plan routes, as well as workshop management tools that assist companies in performing maintenance and managing repairs. Customers also have access to analysis tools to measure and improve the efficiency of their fleets. WEX Inc also offers a variety of other products and services, including travel and purchasing cards, as well as specialized solutions for the healthcare sector and the oil and gas industry. The business model of WEX Inc is based on providing payment solutions that enable companies to manage and control their expenses. The company has a strong presence in the payment card and payment solutions market, particularly in the field of fleet expenses. It utilizes technologies such as telematics, mobile apps, and data analysis to provide additional value propositions to its customers and enhance its competitiveness. Overall, WEX Inc is an innovative and strong provider of payment solutions for business customers. The company has a long history and experience in the market, and it offers a wide range of products and services to meet the needs of its customers. With its global presence and investment in new technologies and innovations, WEX is well-positioned to continue growing and expanding in the years to come. WEX ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding WEX's P/S Ratio
WEX'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 WEX'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 WEX'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 WEX’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 WEX stock
How has the price-earnings ratio of WEX changed compared to last year?
The price-to-earnings ratio of WEX has increased by 1.74% 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 WEX high compared to other companies?
Yes, the price-to-earnings ratio of WEX is high compared to other companies.
How does an increase in the price-earnings ratio of WEX affect the company?
An increase in the price-earnings ratio of WEX 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 WEX affect the company?
A decrease in the price-earnings ratio of WEX 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 WEX?
Some factors that influence the price-earnings ratio of WEX are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does WEX pay?
Over the past 12 months, WEX paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, WEX is expected to pay a dividend of 0 USD.
What is the dividend yield of WEX?
The current dividend yield of WEX is .
When does WEX pay dividends?
WEX pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of WEX?
WEX paid dividends every year for the past 0 years.
What is the dividend of WEX?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is WEX located?
WEX is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von WEX kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of WEX from 9/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.
When did WEX pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of WEX in the year 2023?
In the year 2023, WEX distributed 0 USD as dividends.
In which currency does WEX pay out the dividend?
The dividends of WEX are distributed in USD.
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Andere Kennzahlen von WEX
Our stock analysis for WEX 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 WEX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
