ABM Industries P/E 2024

ABM Industries P/E

14.36

ABM Industries Dividend yield

1.87 %

Ticker

ABM

ISIN

US0009571003

WKN

857218

As of May 18, 2024, ABM Industries's P/E ratio was 14.36, a 23.37% change from the 11.64 P/E ratio recorded in the previous year.

The ABM Industries P/E history

ABM Industries Aktienanalyse

What does ABM Industries do?

ABM Industries Inc. is an American company that was founded in 1909. It is a leading provider of integrated facility services, offering services in areas such as cleaning, energy efficiency, security, parking management, and technical solutions. The company has its headquarters in New York City and employs over 130,000 people in more than 350 branches worldwide. ABM Industries started as American Building Maintenance in San Francisco, providing cleaning services for offices and buildings. It expanded to other cities and became a major player in facility management solutions in the 1960s. In the 2000s, the company focused on incorporating technology to enhance service efficiency. ABM Industries operates in various sectors, including cleaning, energy efficiency, security, parking management, and technical solutions. It offers a wide range of products tailored to customer needs, such as cleaning materials, energy-saving systems, security products, parking management systems, and technological solutions. The company collaborates closely with its clients to develop customized solutions that meet their specific requirements. ABM Industries is well-positioned to continue expanding and providing comprehensive facility services to its customers in the coming years. ABM Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering ABM Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of ABM Industries 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 ABM Industries'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 ABM Industries 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 ABM Industries’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 ABM Industries Stock

What is the price-to-earnings ratio of ABM Industries?

The price-earnings ratio of ABM Industries is currently 14.36.

How has the price-earnings ratio of ABM Industries changed compared to last year?

The price-to-earnings ratio of ABM Industries has increased by 23.37% 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 ABM Industries high compared to other companies?

Yes, the price-to-earnings ratio of ABM Industries is high compared to other companies.

How does an increase in the price-earnings ratio of ABM Industries affect the company?

An increase in the price-earnings ratio of ABM Industries 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 ABM Industries affect the company?

A decrease in the price-earnings ratio of ABM Industries 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 ABM Industries?

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

How much dividend does ABM Industries pay?

Over the past 12 months, ABM Industries paid a dividend of 0.88 USD . This corresponds to a dividend yield of about 1.87 %. For the coming 12 months, ABM Industries is expected to pay a dividend of 0.96 USD.

What is the dividend yield of ABM Industries?

The current dividend yield of ABM Industries is 1.87 %.

When does ABM Industries pay dividends?

ABM Industries pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of ABM Industries?

ABM Industries paid dividends every year for the past 59 years.

What is the dividend of ABM Industries?

For the upcoming 12 months, dividends amounting to 0.96 USD are expected. This corresponds to a dividend yield of 2.04 %.

In which sector is ABM Industries located?

ABM Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von ABM Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ABM Industries from 5/6/2024 amounting to 0.225 USD, you needed to have the stock in your portfolio before the ex-date on 4/3/2024.

When did ABM Industries pay the last dividend?

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

What was the dividend of ABM Industries in the year 2023?

In the year 2023, ABM Industries distributed 0.78 USD as dividends.

In which currency does ABM Industries pay out the dividend?

The dividends of ABM Industries are distributed in USD.

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Andere Kennzahlen von ABM Industries

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