Ocean Bio-Chem P/E 2024

Ocean Bio-Chem P/E

15.42

Ocean Bio-Chem Dividend yield

0.92 %

Ticker

OBCI

ISIN

US6746311066

WKN

884372

As of Mar 29, 2024, Ocean Bio-Chem's P/E ratio was 15.42, a 177.84% change from the 5.55 P/E ratio recorded in the previous year.

The Ocean Bio-Chem P/E history

Ocean Bio-Chem Aktienanalyse

What does Ocean Bio-Chem do?

Ocean Bio-Chem Inc. is an American company specializing in the development, manufacturing, and distribution of chemical products. The company is based in Fort Lauderdale, Florida and was founded in 1973. Its history began with the development of a product called "Starbrite," a cleaning solution for the marine industry. Since then, Ocean Bio-Chem Inc. has expanded its product range to serve the marine, automotive, RV, pool, household, and garden industries. The company has two divisions: Marine and Consumer. The Marine division offers a wide range of cleaning and care products for boats and ships, while the Consumer division provides products for various applications such as automotive care, household cleaning, and pest control. In recent years, Ocean Bio-Chem Inc. has added CBD products to its portfolio under the brand "PurWell." The company emphasizes quality and invests in research and development. It has established a strong market position in the United States and continues to expand internationally. Ocean Bio-Chem ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ocean Bio-Chem's P/E Ratio

The Price to Earnings (P/E) Ratio of Ocean Bio-Chem 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 Ocean Bio-Chem'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 Ocean Bio-Chem 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 Ocean Bio-Chem’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 Ocean Bio-Chem Stock

What is the price-to-earnings ratio of Ocean Bio-Chem?

The price-earnings ratio of Ocean Bio-Chem is currently 15.42.

How has the price-earnings ratio of Ocean Bio-Chem changed compared to last year?

The price-to-earnings ratio of Ocean Bio-Chem has increased by 177.84% 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 Ocean Bio-Chem high compared to other companies?

Yes, the price-to-earnings ratio of Ocean Bio-Chem is high compared to other companies.

How does an increase in the price-earnings ratio of Ocean Bio-Chem affect the company?

An increase in the price-earnings ratio of Ocean Bio-Chem 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 Ocean Bio-Chem affect the company?

A decrease in the price-earnings ratio of Ocean Bio-Chem 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 Ocean Bio-Chem?

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

How much dividend does Ocean Bio-Chem pay?

Over the past 12 months, Ocean Bio-Chem paid a dividend of 0.12 USD . This corresponds to a dividend yield of about 0.92 %. For the coming 12 months, Ocean Bio-Chem is expected to pay a dividend of 0.12 USD.

What is the dividend yield of Ocean Bio-Chem?

The current dividend yield of Ocean Bio-Chem is 0.92 %.

When does Ocean Bio-Chem pay dividends?

Ocean Bio-Chem pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Ocean Bio-Chem?

Ocean Bio-Chem paid dividends every year for the past 6 years.

What is the dividend of Ocean Bio-Chem?

For the upcoming 12 months, dividends amounting to 0.12 USD are expected. This corresponds to a dividend yield of 0.92 %.

In which sector is Ocean Bio-Chem located?

Ocean Bio-Chem is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Ocean Bio-Chem kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ocean Bio-Chem from 6/23/2022 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2022.

When did Ocean Bio-Chem pay the last dividend?

The last dividend was paid out on 6/23/2022.

What was the dividend of Ocean Bio-Chem in the year 2023?

In the year 2023, Ocean Bio-Chem distributed 0.06 USD as dividends.

In which currency does Ocean Bio-Chem pay out the dividend?

The dividends of Ocean Bio-Chem are distributed in USD.

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Andere Kennzahlen von Ocean Bio-Chem

Our stock analysis for Ocean Bio-Chem 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 Ocean Bio-Chem Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.