Ardent Leisure Group P/E 2024

Ardent Leisure Group P/E

-34.82

Ardent Leisure Group Dividend yield

186.27 %

Ticker

ALG.AX

ISIN

AU0000027484

WKN

A2N92H

As of May 26, 2024, Ardent Leisure Group's P/E ratio was -34.82, a -9,772.22% change from the 0.36 P/E ratio recorded in the previous year.

The Ardent Leisure Group P/E history

Ardent Leisure Group Aktienanalyse

What does Ardent Leisure Group do?

The Ardent Leisure Group Ltd is an Australian company that has been active in the leisure and entertainment industry since 1994. The company was established in 1978 under the name "Dreamworld Corporation Pty Ltd" and initially focused solely on designing amusement parks. Through various acquisitions and restructuring, the company later expanded into other business areas, resulting in a wide range of leisure facilities and entertainment offerings today. The business model of Ardent Leisure Group focuses on operating amusement parks, entertainment centers, and related tourist facilities. The company is mainly active in Australia and New Zealand and operates several theme parks there, including Dreamworld and Whitewater World in Gold Coast, Skyrail Rainforest Cableway in Cairns, and Ocean Park in Hong Kong. Bowling centers, cinemas, and fitness studios are also part of the company's portfolio. Ardent Leisure Group's amusement parks offer a wide range of attractions for thrill-seekers and adventure lovers. Some of the most well-known attractions include "Tower of Terror II," "Giant Drop," or "BuzzSaw" at Dreamworld Park, as well as "Mickey's House and Meet Mickey" and "Mystic Manor" at Ocean Park Hong Kong. The theme and adventure parks cater to families as well as teenagers and young adults, appealing to a diverse target audience. The entertainment offerings by Ardent Leisure Group are also diverse, including arcades, bowling centers, cinemas, and restaurants. One of the most well-known brands in Australia is "AMF Bowling," which has over 20 locations. The entertainment options cater to all age groups. It should also be mentioned that Ardent Leisure Group Ltd gained attention in the past due to tragic events. In 2016, a roller coaster accident occurred at Dreamworld, resulting in 4 fatalities. Since then, the company has made efforts to implement strict safety measures and procedures at all of its parks. In conclusion, Ardent Leisure Group Ltd is considered one of the largest operators of leisure and entertainment facilities in Australia and New Zealand. The diverse range of offerings, targeting a wide audience, creates a special experience for every guest. Despite the tragic loss in 2016, the company has continued to evolve and strives to provide high safety standards. Ardent Leisure Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ardent Leisure Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Ardent Leisure Group 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 Ardent Leisure Group'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 Ardent Leisure Group 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 Ardent Leisure Group’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 Ardent Leisure Group Stock

What is the price-to-earnings ratio of Ardent Leisure Group?

The price-earnings ratio of Ardent Leisure Group is currently -34.82.

How has the price-earnings ratio of Ardent Leisure Group changed compared to last year?

The price-to-earnings ratio of Ardent Leisure Group has increased by -9,772.22% 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 Ardent Leisure Group high compared to other companies?

Yes, the price-to-earnings ratio of Ardent Leisure Group is high compared to other companies.

How does an increase in the price-earnings ratio of Ardent Leisure Group affect the company?

An increase in the price-earnings ratio of Ardent Leisure Group 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 Ardent Leisure Group affect the company?

A decrease in the price-earnings ratio of Ardent Leisure Group 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 Ardent Leisure Group?

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

How much dividend does Ardent Leisure Group pay?

Over the past 12 months, Ardent Leisure Group paid a dividend of 0.95 AUD . This corresponds to a dividend yield of about 186.27 %. For the coming 12 months, Ardent Leisure Group is expected to pay a dividend of 0 AUD.

What is the dividend yield of Ardent Leisure Group?

The current dividend yield of Ardent Leisure Group is 186.27 %.

When does Ardent Leisure Group pay dividends?

Ardent Leisure Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Ardent Leisure Group?

Ardent Leisure Group paid dividends every year for the past 0 years.

What is the dividend of Ardent Leisure Group?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Ardent Leisure Group located?

Ardent Leisure Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Ardent Leisure Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ardent Leisure Group from 7/13/2022 amounting to 0.95 AUD, you needed to have the stock in your portfolio before the ex-date on 7/5/2022.

When did Ardent Leisure Group pay the last dividend?

The last dividend was paid out on 7/13/2022.

What was the dividend of Ardent Leisure Group in the year 2023?

In the year 2023, Ardent Leisure Group distributed 0.95 AUD as dividends.

In which currency does Ardent Leisure Group pay out the dividend?

The dividends of Ardent Leisure Group are distributed in AUD.

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Andere Kennzahlen von Ardent Leisure Group

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