What is the price-to-earnings ratio of Astral?
The price-earnings ratio of Astral is currently 105.57.
Astral P/E 2024
Astral P/E
105.57
Ticker
ASTRAL.NS
ISIN
INE006I01046
As of Dec 4, 2024, Astral's P/E ratio was 105.57, a -1.02% change from the 106.66 P/E ratio recorded in the previous year.
The Astral P/E history
Astral Aktienanalyse
What does Astral do?
Astral Ltd is a British company that was founded in 1928 and is headquartered in Bristol. Originally a family business specializing in the manufacture of rubber and plastic products, Astral Ltd has undergone significant development over the years and has become a major company. The company's business model is based on the development and manufacture of innovative products for various industries. It operates globally and focuses on various sectors, including marine, defense, engineering, mining, and aerospace. In the marine sector, the company offers a wide range of marine products, ranging from rubber floats to mooring ropes. These products are used in ports worldwide to facilitate and enhance ship operations. In the defense sector, Astral Ltd is a major supplier of tactical equipment and high-performance materials for defense and security, including systems to protect troops from ballistic threats. In the engineering industry, the company produces a variety of high-performance components and materials used in various industrial applications, including in the oil and gas extraction and processing sectors. In the mining sector, Astral Ltd provides solutions for the extraction and processing of raw materials, including conveyor belts, belt connectors, and geotextiles. Lastly, the company also offers products for aerospace technology. In addition to advanced hose and connection systems, Astral Ltd produces special insulation materials that can withstand extremely high temperatures. Astral Ltd is also known for its extensive research and development department. The company invests significant amounts in the development of new products and technologies, allowing it to consistently bring innovative products to market and expand into new sectors. Furthermore, the company places a strong emphasis on the high quality of its products. This includes the ability to reject products that do not meet the company's high quality standards. The quality of Astral's products is verified through collaborations with various international quality standard institutions, ensuring compliance with the highest quality standards. Astral Ltd has received several awards and accolades in the past, highlighting the quality and innovation of its products and developments. These awards serve as further evidence of the company's success and its business model. Today, Astral Ltd employs several hundred employees in various countries and maintains international collaborations in order to continue to be successful and innovative in the future. Overall, Astral Ltd is a company known for its high quality, innovation, and wide range of products, establishing itself successfully in various industries. Astral ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Astral's P/E Ratio
The Price to Earnings (P/E) Ratio of Astral 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 Astral'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 Astral 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 Astral’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 Astral stock
How has the price-earnings ratio of Astral changed compared to last year?
The price-to-earnings ratio of Astral has increased by -1.02% 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 Astral high compared to other companies?
Yes, the price-to-earnings ratio of Astral is high compared to other companies.
How does an increase in the price-earnings ratio of Astral affect the company?
An increase in the price-earnings ratio of Astral 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 Astral affect the company?
A decrease in the price-earnings ratio of Astral 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 Astral?
Some factors that influence the price-earnings ratio of Astral are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Astral pay?
Over the past 12 months, Astral paid a dividend of 3.75 INR . This corresponds to a dividend yield of about 0.2 %. For the coming 12 months, Astral is expected to pay a dividend of 4.41 INR.
What is the dividend yield of Astral?
The current dividend yield of Astral is 0.2 %.
When does Astral pay dividends?
Astral pays a quarterly dividend. This is distributed in the months of September, November, September, December.
How secure is the dividend of Astral?
Astral paid dividends every year for the past 20 years.
What is the dividend of Astral?
For the upcoming 12 months, dividends amounting to 4.41 INR are expected. This corresponds to a dividend yield of 0.24 %.
In which sector is Astral located?
Astral is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Astral kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Astral from 12/7/2024 amounting to 1.5 INR, you needed to have the stock in your portfolio before the ex-date on 11/14/2024.
When did Astral pay the last dividend?
The last dividend was paid out on 12/7/2024.
What was the dividend of Astral in the year 2023?
In the year 2023, Astral distributed 3.75 INR as dividends.
In which currency does Astral pay out the dividend?
The dividends of Astral are distributed in INR.
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Andere Kennzahlen von Astral
Our stock analysis for Astral 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 Astral Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.