Advantest Stock

Advantest P/E 2024

Advantest P/E

63.6

Ticker

6857.T

ISIN

JP3122400009

WKN

868805

As of Nov 5, 2024, Advantest's P/E ratio was 63.6, a 145.56% change from the 25.9 P/E ratio recorded in the previous year.

The Advantest P/E history

Advantest Aktienanalyse

What does Advantest do?

Advantest Corp was founded in 1954 and is headquartered in Tokyo, Japan. The company is a leading manufacturer of semiconductor test systems and has a strong presence worldwide in this field. However, the company also offers diverse other products and has become an important player in the digital economy in recent years. The business model of Advantest Corp focuses on the development and manufacturing of semiconductor test systems used in the production and quality control of computer chips and other electronic components. The company targets the embedded system market and develops test systems for numerous applications, including artificial intelligence, 5G, the automotive industry, and the Internet of Things. In fact, the company is the only provider of semiconductor test systems for all these application areas. Advantest Corp is divided into various divisions, including semiconductor test, system level test, and service. The semiconductor test division develops and produces test systems for specialized applications in the field of computer chips, including the leading V93000 platform for high-performance digital, analog, and mixed-signal tests. The system level test division develops and produces test systems for the control of complex systems such as mobile phones and network devices. The service division provides support and maintenance for Advantest products. As a company specializing in semiconductor test systems, Advantest Corp operates over 30 subsidiaries worldwide and is active in more than 20 countries. It is a true example of global business activity in this industry. The company generates about 70% of its revenue outside of Japan, demonstrating the importance of networking with different countries in the dissemination of technologies. Although Advantest Corp's semiconductor test products form the core of the company, its portfolio has expanded significantly in recent years. The company has acquired a number of companies to broaden its offerings. This includes, for example, Verigy, a Santa Clara, California-based company that manufactures flash memory test systems and has expanded Advantest's test system capabilities. The reliable analysis systems from Astest have also significantly enhanced the quality of Advantest's test systems. In recent years, Advantest Corp has introduced a range of new products, including its new DS9000 platform. This platform offers a powerful solution for artificial intelligence and deep learning applications, providing customers with even more opportunities to compete. The company has also gained importance in the automotive sector, offering systems used in the development of advanced driver assistance systems and autonomous vehicles. The latest product is ADACS, a sensor test system that is designed to greatly facilitate the integration of E/E architecture in automotive development. This year has been particularly tumultuous for the company due to the Covid-19 pandemic, but despite this, it has achieved strong financial results. Further growth is planned in 2021 as Advantest Corp continues to invest in new technologies and products to remain a leading provider of semiconductor test systems. Advantest Corp is an important company in the field of semiconductor test systems. It has made a mark in this industry and is a global leader in the development and manufacture of test systems used in many sectors. With the expansion of its business offerings and products, the company has also achieved success in other areas. The DS9000 platform mentioned earlier holds great potential and marks a new era in artificial intelligence and deep learning. Advantest Corp continues to operate at a high level and continues to gain importance in the digital economy. Advantest ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Advantest's P/E Ratio

The Price to Earnings (P/E) Ratio of Advantest 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 Advantest'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 Advantest 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 Advantest’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 Advantest stock

What is the price-to-earnings ratio of Advantest?

The price-earnings ratio of Advantest is currently 63.6.

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

The price-to-earnings ratio of Advantest has increased by 145.56% 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 Advantest high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Advantest 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 Advantest?

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

How much dividend does Advantest pay?

Over the past 12 months, Advantest paid a dividend of 37 JPY . This corresponds to a dividend yield of about 0.42 %. For the coming 12 months, Advantest is expected to pay a dividend of 37.46 JPY.

What is the dividend yield of Advantest?

The current dividend yield of Advantest is 0.42 %.

When does Advantest pay dividends?

Advantest pays a quarterly dividend. This is distributed in the months of April, October, April, October.

How secure is the dividend of Advantest?

Advantest paid dividends every year for the past 23 years.

What is the dividend of Advantest?

For the upcoming 12 months, dividends amounting to 37.46 JPY are expected. This corresponds to a dividend yield of 0.43 %.

In which sector is Advantest located?

Advantest is assigned to the 'Information technology' sector.

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

To receive the latest dividend of Advantest from 12/1/2024 amounting to 19 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Advantest pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Advantest in the year 2023?

In the year 2023, Advantest distributed 86.25 JPY as dividends.

In which currency does Advantest pay out the dividend?

The dividends of Advantest are distributed in JPY.

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 Advantest

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