asknet Solutions

asknet Solutions P/E 2024

asknet Solutions P/E

-3.72

asknet Solutions Dividend yield

Ticker

ASKN.SG

ISIN

DE000A2E3707

WKN

A2E370

As of Jun 5, 2024, asknet Solutions's P/E ratio was -3.72, a -29.55% change from the -5.28 P/E ratio recorded in the previous year.

The asknet Solutions P/E history

asknet Solutions Aktienanalyse

What does asknet Solutions do?

Asknet Solutions AG is a German company that operates in the IT industry. It was founded in 1995 in Karlsruhe, Germany, under the name "asknet AG" and has since become an international service provider in e-commerce and software distribution. Since 2020, the company has been operating under the name "Asknet Solutions AG". The company's business model is to enable software manufacturers and publishers worldwide to distribute their products over the internet. Asknet provides an e-commerce platform through which customers can purchase software. The company handles the order processing and payment processing. In addition to software distribution, Asknet also offers e-commerce services. For example, the company can develop a custom e-commerce solution for customers or optimize an existing platform. Asknet also operates its own online shops, such as the "asknet Shop", where customers can purchase software products. The various divisions of Asknet are divided into the business areas of "Academic," "Corporate," and "Cloud Platform". In the "Academic" business area, the company offers publishers and software manufacturers the opportunity to sell their products to schools, colleges, and universities. Here, Asknet works closely with educational institutions to ensure that the products meet the needs of teachers and students. The "Corporate" business area is aimed at companies that require software products. Asknet offers tailor-made solutions to simplify and expedite online ordering and procurement of software products. "Cloud Platform" is the division where Asknet offers cloud services. Here, companies can use and manage their own cloud services or make use of Asknet's cloud services. In this area, Asknet also provides support to customers in migrating IT systems to the cloud. The various products offered by Asknet include Microsoft products such as Office and Windows, as well as specialized software solutions tailored to specific industries. These range from antivirus software to video conferencing tools to software development tools. Asknet has a global network of partners and customers, including many major software manufacturers and publishers. With its extensive experience in e-commerce and as a software provider, the company has earned an excellent reputation and is able to provide its customers worldwide with fast and effective solutions in software product distribution. asknet Solutions ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering asknet Solutions's P/E Ratio

The Price to Earnings (P/E) Ratio of asknet Solutions is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing asknet Solutions's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of asknet Solutions is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in asknet Solutions’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about asknet Solutions Stock

What is the price-to-earnings ratio of asknet Solutions?

The price-earnings ratio of asknet Solutions is currently -3.72.

How has the price-earnings ratio of asknet Solutions changed compared to last year?

The price-to-earnings ratio of asknet Solutions has increased by -29.55% fallen (meaning "decreased" or "dropped") 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 asknet Solutions high compared to other companies?

Yes, the price-to-earnings ratio of asknet Solutions is high compared to other companies.

How does an increase in the price-earnings ratio of asknet Solutions affect the company?

An increase in the price-earnings ratio of asknet Solutions 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 asknet Solutions affect the company?

A decrease in the price-earnings ratio of asknet Solutions 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 asknet Solutions?

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

How much dividend does asknet Solutions pay?

Over the past 12 months, asknet Solutions paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, asknet Solutions is expected to pay a dividend of 0 EUR.

What is the dividend yield of asknet Solutions?

The current dividend yield of asknet Solutions is .

When does asknet Solutions pay dividends?

asknet Solutions pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of asknet Solutions?

asknet Solutions paid dividends every year for the past 0 years.

What is the dividend of asknet Solutions?

For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.

In which sector is asknet Solutions located?

asknet Solutions is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von asknet Solutions kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of asknet Solutions from 6/5/2024 amounting to 0 EUR, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did asknet Solutions pay the last dividend?

The last dividend was paid out on 6/5/2024.

What was the dividend of asknet Solutions in the year 2023?

In the year 2023, asknet Solutions distributed 0 EUR as dividends.

In which currency does asknet Solutions pay out the dividend?

The dividends of asknet Solutions are distributed in EUR.

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Andere Kennzahlen von asknet Solutions

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