What is the price-to-earnings ratio of Allkem?
The price-earnings ratio of Allkem is currently 11.37.
Allkem P/E 2024
Allkem P/E
11.37
Ticker
AKE.AX
ISIN
AU0000193666
As of Nov 10, 2024, Allkem's P/E ratio was 11.37, a -18.44% change from the 13.94 P/E ratio recorded in the previous year.
The Allkem P/E history
Allkem Aktienanalyse
What does Allkem do?
Allkem ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Allkem's P/E Ratio
The Price to Earnings (P/E) Ratio of Allkem 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 Allkem'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 Allkem 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 Allkem’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 Allkem stock
How has the price-earnings ratio of Allkem changed compared to last year?
The price-to-earnings ratio of Allkem has increased by -18.44% 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 Allkem high compared to other companies?
Yes, the price-to-earnings ratio of Allkem is high compared to other companies.
How does an increase in the price-earnings ratio of Allkem affect the company?
An increase in the price-earnings ratio of Allkem 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 Allkem affect the company?
A decrease in the price-earnings ratio of Allkem 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 Allkem?
Some factors that influence the price-earnings ratio of Allkem are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Allkem pay?
Over the past 12 months, Allkem paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Allkem is expected to pay a dividend of 0 USD.
What is the dividend yield of Allkem?
The current dividend yield of Allkem is .
When does Allkem pay dividends?
Allkem pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Allkem?
Allkem paid dividends every year for the past 0 years.
What is the dividend of Allkem?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Allkem located?
Allkem is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Allkem kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Allkem from 11/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/10/2024.
When did Allkem pay the last dividend?
The last dividend was paid out on 11/10/2024.
What was the dividend of Allkem in the year 2023?
In the year 2023, Allkem distributed 0 USD as dividends.
In which currency does Allkem pay out the dividend?
The dividends of Allkem are distributed in USD.
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Andere Kennzahlen von Allkem
Our stock analysis for Allkem 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 Allkem Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.