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Bihar Sponge Iron Stock

Bihar Sponge Iron P/E 2024

Bihar Sponge Iron P/E

17.79

Ticker

500058.BO

ISIN

INE819C01011

As of Nov 18, 2024, Bihar Sponge Iron's P/E ratio was 17.79, a 153.42% change from the 7.02 P/E ratio recorded in the previous year.

The Bihar Sponge Iron P/E history

Bihar Sponge Iron Aktienanalyse

What does Bihar Sponge Iron do?

Bihar Sponge Iron ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Bihar Sponge Iron's P/E Ratio

The Price to Earnings (P/E) Ratio of Bihar Sponge Iron 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 Bihar Sponge Iron'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 Bihar Sponge Iron 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 Bihar Sponge Iron’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 Bihar Sponge Iron stock

What is the price-to-earnings ratio of Bihar Sponge Iron?

The price-earnings ratio of Bihar Sponge Iron is currently 17.79.

How has the price-earnings ratio of Bihar Sponge Iron changed compared to last year?

The price-to-earnings ratio of Bihar Sponge Iron has increased by 153.42% 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 Bihar Sponge Iron high compared to other companies?

Yes, the price-to-earnings ratio of Bihar Sponge Iron is high compared to other companies.

How does an increase in the price-earnings ratio of Bihar Sponge Iron affect the company?

An increase in the price-earnings ratio of Bihar Sponge Iron 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 Bihar Sponge Iron affect the company?

A decrease in the price-earnings ratio of Bihar Sponge Iron 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 Bihar Sponge Iron?

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

How much dividend does Bihar Sponge Iron pay?

Over the past 12 months, Bihar Sponge Iron paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Bihar Sponge Iron is expected to pay a dividend of 0 INR.

What is the dividend yield of Bihar Sponge Iron?

The current dividend yield of Bihar Sponge Iron is .

When does Bihar Sponge Iron pay dividends?

Bihar Sponge Iron pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Bihar Sponge Iron?

Bihar Sponge Iron paid dividends every year for the past 0 years.

What is the dividend of Bihar Sponge Iron?

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

In which sector is Bihar Sponge Iron located?

Bihar Sponge Iron is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Bihar Sponge Iron kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bihar Sponge Iron from 11/18/2024 amounting to 0 INR, you needed to have the stock in your portfolio before the ex-date on 11/18/2024.

When did Bihar Sponge Iron pay the last dividend?

The last dividend was paid out on 11/18/2024.

What was the dividend of Bihar Sponge Iron in the year 2023?

In the year 2023, Bihar Sponge Iron distributed 0 INR as dividends.

In which currency does Bihar Sponge Iron pay out the dividend?

The dividends of Bihar Sponge Iron are distributed in INR.

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Andere Kennzahlen von Bihar Sponge Iron

Our stock analysis for Bihar Sponge Iron 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 Bihar Sponge Iron Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.