What is the price-to-earnings ratio of Allstate?
The price-earnings ratio of Allstate is currently 13.19.
Allstate P/E 2024
Allstate P/E
13.19
Allstate Dividend yield
Ticker
ALL
ISIN
US0200021014
WKN
886429
As of Apr 27, 2024, Allstate's P/E ratio was 13.19, a -114.54% change from the -90.71 P/E ratio recorded in the previous year.
The Allstate P/E history
Allstate Aktienanalyse
What does Allstate do?
The Allstate Corporation is an American company specializing in insurance and financial services. It was founded in 1931 and is headquartered in Northfield, Illinois. Allstate is one of the largest insurance companies in the US and is a Fortune 500 company. Allstate offers various types of insurance such as auto insurance, homeowners insurance, life insurance, accident insurance, travel insurance, liability insurance, and retirement insurance. They also offer financial products like investment funds, mortgages, and credit card services. Allstate is known for providing excellent customer service and high-quality products. Allstate ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Allstate's P/E Ratio
The Price to Earnings (P/E) Ratio of Allstate 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 Allstate'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 Allstate 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 Allstate’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 Allstate Stock
How has the price-earnings ratio of Allstate changed compared to last year?
The price-to-earnings ratio of Allstate has increased by -114.54% 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 Allstate high compared to other companies?
Yes, the price-to-earnings ratio of Allstate is high compared to other companies.
How does an increase in the price-earnings ratio of Allstate affect the company?
An increase in the price-earnings ratio of Allstate 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 Allstate affect the company?
A decrease in the price-earnings ratio of Allstate 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 Allstate?
Some factors that influence the price-earnings ratio of Allstate are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Allstate pay?
Over the past 12 months, Allstate paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Allstate is expected to pay a dividend of 3.4 USD.
What is the dividend yield of Allstate?
The current dividend yield of Allstate is .
When does Allstate pay dividends?
Allstate pays a quarterly dividend. This is distributed in the months of July, September, December, April.
How secure is the dividend of Allstate?
Allstate paid dividends every year for the past 24 years.
What is the dividend of Allstate?
For the upcoming 12 months, dividends amounting to 3.4 USD are expected. This corresponds to a dividend yield of 1.97 %.
In which sector is Allstate located?
Allstate is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Allstate kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Allstate from 4/1/2024 amounting to 0.92 USD, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.
When did Allstate pay the last dividend?
The last dividend was paid out on 4/1/2024.
What was the dividend of Allstate in the year 2023?
In the year 2023, Allstate distributed 3.4 USD as dividends.
In which currency does Allstate pay out the dividend?
The dividends of Allstate are distributed in USD.
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Andere Kennzahlen von Allstate
Our stock analysis for Allstate 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 Allstate Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
