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Asbury Automotive Group Stock

Asbury Automotive Group P/E 2024

Asbury Automotive Group P/E

9.29

Ticker

ABG

ISIN

US0434361046

WKN

766687

As of Sep 12, 2024, Asbury Automotive Group's P/E ratio was 9.29, a 30.11% change from the 7.14 P/E ratio recorded in the previous year.

The Asbury Automotive Group P/E history

Asbury Automotive Group Aktienanalyse

What does Asbury Automotive Group do?

Asbury Automotive Group Inc. is an American automotive trading group based in Duluth, Georgia. The company was founded in 1995 and currently operates over 80 car dealerships in the USA. Asbury Automotive is listed on the New York Stock Exchange and has a market value of approximately $3 billion. Business model Asbury Automotive is a retailer that offers a wide range of vehicles, including new and used cars, trucks, and SUVs. The company has a diverse range of more than 30 different automobile brands, from Chevrolet to Porsche. On their website, Asbury Automotive also offers a range of financing options, from leasing offers to credit options. Customers of Asbury Automotive can avail a variety of services at each dealership, including repairs, maintenance, and inspections. Asbury Automotive also has an auto insurance department that offers various insurance products. History Asbury Automotive was founded in 1995 by Ken Gilman, an experienced automobile dealer. The company went public the following year. Within a few years, it rapidly expanded and increased its influence in various parts of the USA. In 2002, Asbury Automotive acquired Tuttle-Click Automotive Group based in California, which now plays a crucial role within the company. Asbury Automotive has continuously evolved and expanded, diversifying its business models and acquiring additional car dealerships. Various divisions Asbury Automotive operates a variety of businesses and business models, all focused on automobile trading. The various divisions include: 1. Asbury Automotive Group - operates car dealerships in the USA 2. Asbury Automotive Finance - offers financing options for vehicles 3. Asbury Collision & Repair - maintenance and repair workshops for vehicles 4. Asbury Auto Insurance - offers a selection of car insurances 5. Asbury Automotive Group Foundation - nonprofit foundation 6. Asbury Car Connections - online car marketplace 7. Asbury Advanced Technology - research and development in vehicle technology Product offering Asbury Automotive offers a variety of new and used vehicles, as well as a wide range of brands. The group is also known for their "Asbury Advantage," a package of additional benefits aimed at making car purchases more attractive. In addition to vehicle sales, Asbury Automotive also provides a range of services, such as automotive repairs and maintenance, painting, as well as wheel and tire services. Asbury Automotive also offers online services on their website, such as an online car marketplace and a comprehensive car portal with detailed information about new and used vehicles. Conclusion Asbury Automotive is one of the largest automotive trading groups in the USA. The company operates in many parts of the USA and provides a wide range of services for customers. Asbury Automotive has also experienced strong expansion in recent years to expand its market presence. In the future, Asbury Automotive is likely to continue to grow and expand its range of products and services to adapt to the changing market. Asbury Automotive Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Asbury Automotive Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Asbury Automotive 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 Asbury Automotive 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 Asbury Automotive 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 Asbury Automotive 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 Asbury Automotive Group stock

What is the price-to-earnings ratio of Asbury Automotive Group?

The price-earnings ratio of Asbury Automotive Group is currently 9.29.

How has the price-earnings ratio of Asbury Automotive Group changed compared to last year?

The price-to-earnings ratio of Asbury Automotive Group has increased by 30.11% 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 Asbury Automotive Group high compared to other companies?

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

How does an increase in the price-earnings ratio of Asbury Automotive Group affect the company?

An increase in the price-earnings ratio of Asbury Automotive 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 Asbury Automotive Group affect the company?

A decrease in the price-earnings ratio of Asbury Automotive 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 Asbury Automotive Group?

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

How much dividend does Asbury Automotive Group pay?

Over the past 12 months, Asbury Automotive Group paid a dividend of 0.68 USD . This corresponds to a dividend yield of about 0.31 %. For the coming 12 months, Asbury Automotive Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Asbury Automotive Group?

The current dividend yield of Asbury Automotive Group is 0.31 %.

When does Asbury Automotive Group pay dividends?

Asbury Automotive Group pays a quarterly dividend. This is distributed in the months of December, March, June, August.

How secure is the dividend of Asbury Automotive Group?

Asbury Automotive Group paid dividends every year for the past 5 years.

What is the dividend of Asbury Automotive Group?

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

In which sector is Asbury Automotive Group located?

Asbury Automotive Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Asbury Automotive Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Asbury Automotive Group from 8/22/2008 amounting to 0.225 USD, you needed to have the stock in your portfolio before the ex-date on 7/30/2008.

When did Asbury Automotive Group pay the last dividend?

The last dividend was paid out on 8/22/2008.

What was the dividend of Asbury Automotive Group in the year 2023?

In the year 2023, Asbury Automotive Group distributed 0 USD as dividends.

In which currency does Asbury Automotive Group pay out the dividend?

The dividends of Asbury Automotive Group are distributed in USD.

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Andere Kennzahlen von Asbury Automotive Group

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