Abu Dhabi National Oil Company for Distribution PJSC P/E 2024

Abu Dhabi National Oil Company for Distribution PJSC P/E

16.99

Abu Dhabi National Oil Company for Distribution PJSC Dividend yield

5.91 %

Ticker

ADNOCDIST.AD

ISIN

AEA006101017

As of May 28, 2024, Abu Dhabi National Oil Company for Distribution PJSC's P/E ratio was 16.99, a -13.32% change from the 19.6 P/E ratio recorded in the previous year.

The Abu Dhabi National Oil Company for Distribution PJSC P/E history

Abu Dhabi National Oil Company for Distribution PJSC Aktienanalyse

What does Abu Dhabi National Oil Company for Distribution PJSC do?

Abu Dhabi National Oil Company for Distribution PJSC ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Abu Dhabi National Oil Company for Distribution PJSC's P/E Ratio

The Price to Earnings (P/E) Ratio of Abu Dhabi National Oil Company for Distribution PJSC 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 Abu Dhabi National Oil Company for Distribution PJSC'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 Abu Dhabi National Oil Company for Distribution PJSC 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 Abu Dhabi National Oil Company for Distribution PJSC’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 Abu Dhabi National Oil Company for Distribution PJSC Stock

What is the price-to-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC?

The price-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC is currently 16.99.

How has the price-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC changed compared to last year?

The price-to-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC has increased by -13.32% 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 Abu Dhabi National Oil Company for Distribution PJSC high compared to other companies?

Yes, the price-to-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC is high compared to other companies.

How does an increase in the price-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC affect the company?

An increase in the price-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC 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 Abu Dhabi National Oil Company for Distribution PJSC affect the company?

A decrease in the price-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC 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 Abu Dhabi National Oil Company for Distribution PJSC?

Some factors that influence the price-earnings ratio of Abu Dhabi National Oil Company for Distribution PJSC are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Abu Dhabi National Oil Company for Distribution PJSC pay?

Over the past 12 months, Abu Dhabi National Oil Company for Distribution PJSC paid a dividend of 0.21 AED . This corresponds to a dividend yield of about 5.91 %. For the coming 12 months, Abu Dhabi National Oil Company for Distribution PJSC is expected to pay a dividend of 0.22 AED.

What is the dividend yield of Abu Dhabi National Oil Company for Distribution PJSC?

The current dividend yield of Abu Dhabi National Oil Company for Distribution PJSC is 5.91 %.

When does Abu Dhabi National Oil Company for Distribution PJSC pay dividends?

Abu Dhabi National Oil Company for Distribution PJSC pays a quarterly dividend. This is distributed in the months of November, April, November, May.

How secure is the dividend of Abu Dhabi National Oil Company for Distribution PJSC?

Abu Dhabi National Oil Company for Distribution PJSC paid dividends every year for the past 5 years.

What is the dividend of Abu Dhabi National Oil Company for Distribution PJSC?

For the upcoming 12 months, dividends amounting to 0.22 AED are expected. This corresponds to a dividend yield of 6.22 %.

In which sector is Abu Dhabi National Oil Company for Distribution PJSC located?

Abu Dhabi National Oil Company for Distribution PJSC is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Abu Dhabi National Oil Company for Distribution PJSC kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Abu Dhabi National Oil Company for Distribution PJSC from 5/1/2024 amounting to 0.103 AED, you needed to have the stock in your portfolio before the ex-date on 4/5/2024.

When did Abu Dhabi National Oil Company for Distribution PJSC pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of Abu Dhabi National Oil Company for Distribution PJSC in the year 2023?

In the year 2023, Abu Dhabi National Oil Company for Distribution PJSC distributed 0.206 AED as dividends.

In which currency does Abu Dhabi National Oil Company for Distribution PJSC pay out the dividend?

The dividends of Abu Dhabi National Oil Company for Distribution PJSC are distributed in AED.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Abu Dhabi National Oil Company for Distribution PJSC

Our stock analysis for Abu Dhabi National Oil Company for Distribution PJSC 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 Abu Dhabi National Oil Company for Distribution PJSC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.