What is the price-to-earnings ratio of Akastor A?
The price-earnings ratio of Akastor A is currently 6.43.
Akastor A P/E 2024
Akastor A P/E
6.43
Ticker
AKAST.OL
ISIN
NO0010215684
WKN
A0B97B
As of Jul 26, 2024, Akastor A's P/E ratio was 6.43, a -161.89% change from the -10.39 P/E ratio recorded in the previous year.
The Akastor A P/E history
Akastor A Aktienanalyse
What does Akastor A do?
Akastor ASA is a company based in Norway that specializes in providing services and solutions in the oil and gas industry. The company was founded in 1841 and has undergone significant changes in recent years, including the restructuring and separation from its former parent company Aker ASA in 2014. Akastor ASA's business model includes three main areas: Mergers & Acquisitions, Drilling Technologies, and Operations & Maintenance. The Mergers & Acquisitions division focuses on supporting companies in the oil and gas industry with mergers and acquisitions, including asset valuation, contract negotiation, and providing financing solutions. The Drilling Technologies division provides equipment and technologies for drilling operations. This means that Akastor ASA manufactures technologies and devices that allow for more effective and efficient oil and gas drilling. Both surface equipment and systems for drilling connections and specialized drilling systems are offered to meet customer requirements. The third division of Akastor ASA is Operations & Maintenance. Here, the company offers maintenance and technical support services to ensure optimal performance of oil and gas facilities. In this area, the company acts as an outsourcing partner for oil and gas companies that want to outsource their maintenance processes to save costs. Although Akastor ASA specializes in the oil and gas industry, it also offers services in other areas of the mechanical engineering industry, including mechanical engineering, fluid technology, and automation solutions. The company utilizes cutting-edge technology to provide its customers with optimal products and services. It works closely with leading research and development institutes to stay up to date with the latest technology and meet the needs of its customers. Overall, Akastor ASA relies on an international strategy to expand its presence in global markets. It operates offices and facilities worldwide, including in Scandinavia, the United Kingdom, the United States, and Asia. The company has a mission to provide new industry technologies and solidify its position in the industry in the long run. In summary, Akastor ASA is an experienced company specializing in providing solutions and services in the oil and gas industry. It has quickly adapted to the changing needs of the industry and adjusted its business model accordingly. The company utilizes cutting-edge technology and works closely with leading research and development institutes to serve its customers optimally. With an international strategy and its diverse range of services and products, Akastor ASA has achieved a strong position in the industry. Akastor A ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Akastor A's P/E Ratio
The Price to Earnings (P/E) Ratio of Akastor A 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 Akastor A'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 Akastor A 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 Akastor A’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 Akastor A stock
How has the price-earnings ratio of Akastor A changed compared to last year?
The price-to-earnings ratio of Akastor A has increased by -161.89% 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 Akastor A high compared to other companies?
Yes, the price-to-earnings ratio of Akastor A is high compared to other companies.
How does an increase in the price-earnings ratio of Akastor A affect the company?
An increase in the price-earnings ratio of Akastor A 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 Akastor A affect the company?
A decrease in the price-earnings ratio of Akastor A 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 Akastor A?
Some factors that influence the price-earnings ratio of Akastor A are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Akastor A pay?
Over the past 12 months, Akastor A paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Akastor A is expected to pay a dividend of 0 NOK.
What is the dividend yield of Akastor A?
The current dividend yield of Akastor A is .
When does Akastor A pay dividends?
Akastor A pays a quarterly dividend. This is distributed in the months of June, May, May, May.
How secure is the dividend of Akastor A?
Akastor A paid dividends every year for the past 0 years.
What is the dividend of Akastor A?
For the upcoming 12 months, dividends amounting to 0 NOK are expected. This corresponds to a dividend yield of 0 %.
In which sector is Akastor A located?
Akastor A is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Akastor A kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Akastor A from 5/2/2014 amounting to 4.1 NOK, you needed to have the stock in your portfolio before the ex-date on 4/11/2014.
When did Akastor A pay the last dividend?
The last dividend was paid out on 5/2/2014.
What was the dividend of Akastor A in the year 2023?
In the year 2023, Akastor A distributed 0 NOK as dividends.
In which currency does Akastor A pay out the dividend?
The dividends of Akastor A are distributed in NOK.
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Andere Kennzahlen von Akastor A
Our stock analysis for Akastor A 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 Akastor A Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
