What is the price-to-earnings ratio of Acerinox?
The price-earnings ratio of Acerinox is currently 10.81.
Acerinox P/E 2024
Acerinox P/E
10.81
Ticker
ACX.MC
ISIN
ES0132105018
WKN
A0B7GP
As of Nov 19, 2024, Acerinox's P/E ratio was 10.81, a 3.05% change from the 10.49 P/E ratio recorded in the previous year.
The Acerinox P/E history
Acerinox Aktienanalyse
What does Acerinox do?
Acerinox SA is a Spanish company that has been operating in the stainless steel industry for over half a century. The company was founded in 1970 in Madrid and has its headquarters there. Acerinox's history began in the 1950s when Spanish industrialist Rafael Naranjo brought together a group of investors to enter the stainless steel field. In the 1960s, Acerinox emerged as a project supported by the Spanish government to promote the stainless steel industry in the country. In 1970, Acerinox was officially established as a company and began stainless steel production. Acerinox's business model involves producing high-quality stainless steel products for customers in various industries. The company specializes in stainless steel production and manufactures a wide range of products including coils, sheets, and blocks used in the construction, transportation, and energy sectors. Acerinox is divided into several business areas, each tailored to the specific needs of customer groups. Acerinox's main business areas are Stainless Steel Production, Service Centers, and Alloy Surcharge. In the Stainless Steel Production area, Acerinox produces stainless steel in various forms and sizes. The products are used in various industries including construction and plumbing, automotive and transportation, energy generation, food processing, and the chemical industry. Acerinox's Service Center business area specializes in the distribution of stainless steel. The company owns a large number of service centers in different countries, allowing customers to acquire a wide range of stainless steel products. The Alloy Surcharge business area deals with determining material costs based on various factors such as international metal prices and the costs of stainless steel production. Acerinox is a globally operating company with production facilities in Spain, North America, and South Africa. The company has branches in more than 80 countries and serves customers in over 140 countries worldwide. The company is proud to produce high-quality products and has a strong customer base consisting of some of the world's largest companies. Acerinox is committed to providing excellent service to its customers and has established itself as a trusted source of stainless steel. In summary, Acerinox is a reputable company in the stainless steel industry. With a wide range of products, strong business areas, and a global presence, the company has achieved a strong market position. Acerinox will continue to strive to expand its customer base and product range and provide the highest standard of quality and service. Acerinox ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Acerinox's P/E Ratio
The Price to Earnings (P/E) Ratio of Acerinox 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 Acerinox'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 Acerinox 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 Acerinox’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 Acerinox stock
How has the price-earnings ratio of Acerinox changed compared to last year?
The price-to-earnings ratio of Acerinox has increased by 3.05% 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 Acerinox high compared to other companies?
Yes, the price-to-earnings ratio of Acerinox is high compared to other companies.
How does an increase in the price-earnings ratio of Acerinox affect the company?
An increase in the price-earnings ratio of Acerinox 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 Acerinox affect the company?
A decrease in the price-earnings ratio of Acerinox 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 Acerinox?
Some factors that influence the price-earnings ratio of Acerinox are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Acerinox pay?
Over the past 12 months, Acerinox paid a dividend of 0.6 EUR . This corresponds to a dividend yield of about 6.56 %. For the coming 12 months, Acerinox is expected to pay a dividend of 0.65 EUR.
What is the dividend yield of Acerinox?
The current dividend yield of Acerinox is 6.56 %.
When does Acerinox pay dividends?
Acerinox pays a quarterly dividend. This is distributed in the months of February, August, February, August.
How secure is the dividend of Acerinox?
Acerinox paid dividends every year for the past 24 years.
What is the dividend of Acerinox?
For the upcoming 12 months, dividends amounting to 0.65 EUR are expected. This corresponds to a dividend yield of 7.14 %.
In which sector is Acerinox located?
Acerinox is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Acerinox kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Acerinox from 7/19/2024 amounting to 0.31 EUR, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.
When did Acerinox pay the last dividend?
The last dividend was paid out on 7/19/2024.
What was the dividend of Acerinox in the year 2023?
In the year 2023, Acerinox distributed 0.5 EUR as dividends.
In which currency does Acerinox pay out the dividend?
The dividends of Acerinox are distributed in EUR.
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 Acerinox
Our stock analysis for Acerinox 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 Acerinox Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
