What is the price-to-earnings ratio of Atkore?
The price-earnings ratio of Atkore is currently 10.78.
Atkore P/E 2024
Atkore P/E
10.78
Ticker
ATKR
ISIN
US0476491081
WKN
A2ALP3
As of Oct 6, 2024, Atkore's P/E ratio was 10.78, a 55.56% change from the 6.93 P/E ratio recorded in the previous year.
The Atkore P/E history
Atkore Aktienanalyse
What does Atkore do?
Atkore Inc is a leading manufacturer of products for the construction and infrastructure sector. It is an American company based in Harvey, Illinois and was founded in 1959 under the name Allied Tube and Conduit Corporation. Over the years, the company has undergone a series of mergers and acquisitions and changed its name to Atkore Inc. Today, it is a publicly traded company specializing in the development and manufacture of electrical products, mechanical pipes, and safety products. Atkore's business model can be divided into three main areas: Electrical, Mechanical, and Safety. Electrical includes products such as cable tray systems, rigid metal pipes, and fitting connectors. These are all crucial components for electricity infrastructure in buildings and other structures. Mechanical refers to the offering of piping and duct systems used in various applications such as air conditioning, heating, ventilation, and plumbing. These products are essential in buildings, industrial facilities, and infrastructure projects. Safety, the third area, includes products such as cable anchors and fall protection systems used to increase workplace safety. As part of its business model, Atkore Inc operates in a heavily regulated industry and works closely with government regulatory agencies to ensure that all products meet the required standards. Atkore's products are known for their high quality craftsmanship and durability. One of the company's most well-known brands is Unistrut, a brand of cable tray systems widely used in electricity infrastructure. Another well-known brand is Allied Tube and Conduit, which manufactures rigid metal pipes and fitting connectors. Atkore Inc. has market presence in North America, Europe, and Asia. The products are primarily sold to large construction companies and installers who use them in various construction projects. The company has a strong competitive position due to its extensive product range and constant innovation. It works closely with its customers to develop products that meet industry requirements. Atkore Inc. also invests continuously in research and development to bring new and improved products to market. The success of Atkore Inc. can be attributed to its high product quality, strong market position, and ability to innovate. As a key player in the construction and infrastructure industry, the company will continue to play an important role in expanding electricity infrastructure and other major infrastructure projects. Atkore ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Atkore's P/E Ratio
The Price to Earnings (P/E) Ratio of Atkore 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 Atkore'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 Atkore 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 Atkore’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 Atkore stock
How has the price-earnings ratio of Atkore changed compared to last year?
The price-to-earnings ratio of Atkore has increased by 55.56% 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 Atkore high compared to other companies?
Yes, the price-to-earnings ratio of Atkore is high compared to other companies.
How does an increase in the price-earnings ratio of Atkore affect the company?
An increase in the price-earnings ratio of Atkore 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 Atkore affect the company?
A decrease in the price-earnings ratio of Atkore 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 Atkore?
Some factors that influence the price-earnings ratio of Atkore are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Atkore pay?
Over the past 12 months, Atkore paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Atkore is expected to pay a dividend of 0 USD.
What is the dividend yield of Atkore?
The current dividend yield of Atkore is .
When does Atkore pay dividends?
Atkore pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Atkore?
Atkore paid dividends every year for the past 0 years.
What is the dividend of Atkore?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Atkore located?
Atkore is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Atkore kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Atkore from 8/30/2024 amounting to 0.32 USD, you needed to have the stock in your portfolio before the ex-date on 8/20/2024.
When did Atkore pay the last dividend?
The last dividend was paid out on 8/30/2024.
What was the dividend of Atkore in the year 2023?
In the year 2023, Atkore distributed 0 USD as dividends.
In which currency does Atkore pay out the dividend?
The dividends of Atkore are distributed in USD.
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Andere Kennzahlen von Atkore
Our stock analysis for Atkore 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 Atkore Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
