What is the price-to-earnings ratio of goeasy?
The price-earnings ratio of goeasy is currently 11.09.
goeasy P/E 2024
goeasy P/E
11.09
goeasy Dividend yield
1.99 %
Ticker
GSY.TO
ISIN
CA3803551074
WKN
A140JD
As of Jun 9, 2024, goeasy's P/E ratio was 11.09, a 50.47% change from the 7.37 P/E ratio recorded in the previous year.
The goeasy P/E history
goeasy Aktienanalyse
What does goeasy do?
GoEasy Ltd is a Canadian company that has been in existence since 1990 and is headquartered in Mississauga, Ontario. The company is divided into several business divisions and offers a variety of financial services and products. In 2001, the company opened its first branch and began offering a wider range of financial services. Today, GoEasy Ltd is known as a trusted and innovative company, providing its customers with easy and convenient financial solutions. The services offered by GoEasy Ltd include unsecured loans, installment loans, long-term loans, and other loan options. These services are ideal for individuals with low income or poor credit, as GoEasy Ltd is known to accept loan applications from people who have been rejected by traditional banks. GoEasy Ltd also has a large network of branches in Canada. The branches offer personal financial products, including mortgages, loans, bank accounts, insurance, and more. Another business division of GoEasy Ltd is Easyhome, which is known in Canada as a leading retailer of furniture, appliances, electronics, and other household goods. Easyhome operates over 160 retail stores across Canada and offers products for purchase or rent. This makes it an affordable option for people with low income who cannot or do not want to buy furnishings. In addition to Easyhome, GoEasy Ltd also operates the e-commerce shop Easyfinancial. Here, customers throughout Canada can apply for loans online and pay outstanding bills. The online shop is easy to use and provides a fast, simple, and reliable way to obtain financial products. Another important business area of GoEasy Ltd is collaborating with merchants and auto dealers to provide loans aimed at vehicle financing. GoAuto Finance makes it easier for buyers to purchase a vehicle by offering various financing options. GoEasy Ltd operates in many business areas - from financial products and online shops to major retailers and auto dealers. The company has become a key player in the Canadian financial market over the past few decades, offering its customers a wide range of products and services. Overall, GoEasy Ltd's business model is focused on providing simple and affordable financial products that are accessible to a large target audience. The company has become a key player in the Canadian financial market over the past few decades and is expected to continue growing in the future. goeasy ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering goeasy's P/E Ratio
The Price to Earnings (P/E) Ratio of goeasy 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 goeasy'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 goeasy 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 goeasy’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 goeasy Stock
How has the price-earnings ratio of goeasy changed compared to last year?
The price-to-earnings ratio of goeasy has increased by 50.47% 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 goeasy high compared to other companies?
Yes, the price-to-earnings ratio of goeasy is high compared to other companies.
How does an increase in the price-earnings ratio of goeasy affect the company?
An increase in the price-earnings ratio of goeasy 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 goeasy affect the company?
A decrease in the price-earnings ratio of goeasy 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 goeasy?
Some factors that influence the price-earnings ratio of goeasy are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does goeasy pay?
Over the past 12 months, goeasy paid a dividend of 3.84 CAD . This corresponds to a dividend yield of about 1.99 %. For the coming 12 months, goeasy is expected to pay a dividend of 4.25 CAD.
What is the dividend yield of goeasy?
The current dividend yield of goeasy is 1.99 %.
When does goeasy pay dividends?
goeasy pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of goeasy?
goeasy paid dividends every year for the past 23 years.
What is the dividend of goeasy?
For the upcoming 12 months, dividends amounting to 4.25 CAD are expected. This corresponds to a dividend yield of 2.2 %.
In which sector is goeasy located?
goeasy is assigned to the 'Finance' sector.
Wann musste ich die Aktien von goeasy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of goeasy from 7/12/2024 amounting to 1.17 CAD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.
When did goeasy pay the last dividend?
The last dividend was paid out on 7/12/2024.
What was the dividend of goeasy in the year 2023?
In the year 2023, goeasy distributed 3.64 CAD as dividends.
In which currency does goeasy pay out the dividend?
The dividends of goeasy are distributed in CAD.
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Andere Kennzahlen von goeasy
Our stock analysis for goeasy 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 goeasy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
