What is the price-to-earnings ratio of ASX?
The price-earnings ratio of ASX is currently 25.23.
ASX P/E 2024
ASX P/E
25.23
Ticker
ASX.AX
ISIN
AU000000ASX7
WKN
916902
As of Jul 3, 2024, ASX's P/E ratio was 25.23, a -39.19% change from the 41.49 P/E ratio recorded in the previous year.
The ASX P/E history
ASX Aktienanalyse
What does ASX do?
ASX Ltd. (Australian Securities Exchange Limited) is the largest stock exchange in Australia and one of the most important exchanges worldwide. The company was founded in 1987 through the merger of the six regional stock exchanges in Australia. Today, ASX Ltd. is headquartered in Sydney and employs over 500 employees. The business model of ASX Ltd. is simple: the company offers companies a platform for the issuance and trading of securities. The offering includes stocks, bonds, futures contracts, and options. ASX Ltd. operates as a marketplace, bringing buyers and sellers of securities together. The company ensures smooth transaction processing and ensures that all parties have access to the same information. Over the years, ASX Ltd. has become an important player in the global capital market. The company has continuously expanded its offering and is now active in various sectors. An important role is played by ASX Clearing Corporation, which is responsible for transaction processing. Through collaborations with other exchanges worldwide, ASX Ltd. also ensures a more global orientation. In addition to securities brokerage, ASX Ltd. is also involved in indexing. The company operates the well-known S&P/ASX 200 Index, which reflects the performance of Australia's 200 largest companies. The index is an important indicator for the development of the Australian economy and is used by investors worldwide. ASX Ltd. also offers various products to support investors in trading securities. These include the ASX Trade24 system, which enables round-the-clock trading of futures and options, as well as the ASX Centre Point Dark Pool, which is used for anonymous trading of stocks. In recent years, ASX Ltd. has also increased its investment in new technologies and innovations. The company has partnered with blockchain firm Digital Asset Holdings and is working on developing a platform for securities trading based on blockchain technology. Overall, ASX Ltd. has become an important player in the global capital market. Through the expansion of its offerings and partnerships with other exchanges worldwide, the company has strengthened its position and is well positioned for the future. ASX ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering ASX's P/E Ratio
The Price to Earnings (P/E) Ratio of ASX 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 ASX'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 ASX 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 ASX’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 ASX Stock
How has the price-earnings ratio of ASX changed compared to last year?
The price-to-earnings ratio of ASX has increased by -39.19% 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 ASX high compared to other companies?
Yes, the price-to-earnings ratio of ASX is high compared to other companies.
How does an increase in the price-earnings ratio of ASX affect the company?
An increase in the price-earnings ratio of ASX 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 ASX affect the company?
A decrease in the price-earnings ratio of ASX 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 ASX?
Some factors that influence the price-earnings ratio of ASX are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does ASX pay?
Over the past 12 months, ASX paid a dividend of 3.26 AUD . This corresponds to a dividend yield of about 5.43 %. For the coming 12 months, ASX is expected to pay a dividend of 3.13 AUD.
What is the dividend yield of ASX?
The current dividend yield of ASX is 5.43 %.
When does ASX pay dividends?
ASX pays a quarterly dividend. This is distributed in the months of October, April, October, April.
How secure is the dividend of ASX?
ASX paid dividends every year for the past 25 years.
What is the dividend of ASX?
For the upcoming 12 months, dividends amounting to 3.13 AUD are expected. This corresponds to a dividend yield of 5.22 %.
In which sector is ASX located?
ASX is assigned to the 'Finance' sector.
Wann musste ich die Aktien von ASX kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of ASX from 3/27/2024 amounting to 1.446 AUD, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.
When did ASX pay the last dividend?
The last dividend was paid out on 3/27/2024.
What was the dividend of ASX in the year 2023?
In the year 2023, ASX distributed 3.377 AUD as dividends.
In which currency does ASX pay out the dividend?
The dividends of ASX are distributed in AUD.
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Andere Kennzahlen von ASX
Our stock analysis for ASX 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 ASX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
