Covestro AG

Frankfurt Stock Exchange 1COV.F

Covestro AG Price to Sales Ratio (P/S) on January 14, 2025: 0.69

Covestro AG Price to Sales Ratio (P/S) is 0.69 on January 14, 2025, a 6.78% change year over year. Price to sales ratio compares the stock price to the sales per share; higher suggests positive sentiment for future revenue growth.
  • Covestro AG 52-week high Price to Sales Ratio (P/S) is 0.77 on October 03, 2024, which is 11.09% above the current Price to Sales Ratio (P/S).
  • Covestro AG 52-week low Price to Sales Ratio (P/S) is 0.60 on April 30, 2024, which is -12.90% below the current Price to Sales Ratio (P/S).
  • Covestro AG average Price to Sales Ratio (P/S) for the last 52 weeks is 0.68.
Key data
Date Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield
Market news
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Frankfurt Stock Exchange: 1COV.F

Covestro AG

CEO Dr. Markus Steilemann Ph.D.
IPO Date Oct. 6, 2015
Location Germany
Headquarters Kaiser-Wilhelm-Allee 60
Employees 17,545
Sector Materials
Industries
Description

Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

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StockViz Staff

January 15, 2025

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