What is the price-to-earnings ratio of Bittium Oyj?
The price-earnings ratio of Bittium Oyj is currently 26.97.
Bittium Oyj P/E 2024
Bittium Oyj P/E
26.97
Ticker
BITTI.HE
ISIN
FI0009007264
WKN
916295
As of Sep 14, 2024, Bittium Oyj's P/E ratio was 26.97, a -199.96% change from the -26.98 P/E ratio recorded in the previous year.
The Bittium Oyj P/E history
Bittium Oyj Aktienanalyse
What does Bittium Oyj do?
Bittium Oyj is a Finnish company that was founded in 1985 as an electronic company. Formerly known as Bitwise Oy, the company has specialized in the development of wireless technologies that can be used in various industries over the years. Bittium has expanded its business model in recent years and today focuses on various areas, including wireless technologies, health technology, and defense technology. In the field of wireless technologies, the company offers a wide range of products and solutions, including mobile communications, data transmission, and location technology. Bittium's health technology division offers innovative solutions to improve patient monitoring and care. Bittium's defense technology division focuses on the development of radio devices and other communication technologies used by armed forces worldwide. One of Bittium's most well-known products is the Bittium Tough Mobile, a high-end smartphone specifically designed for government agencies, defense facilities, and other organizations that require higher data security. The device has high protection against loss, theft, and malware. Another notable product from Bittium is the Bittium Faros, a portable ECG monitor used for monitoring heart rhythm disorders and other heart conditions. The device has wireless data transmission capabilities and can easily be integrated into existing systems. The wireless technology business is driving Bittium's growth. The company has a strong position in the mobile communications market and offers a wide range of wireless solutions and products. Bittium also has a strong presence in the health technology industry, focusing on the development of wearable devices and wireless monitoring solutions. The company's defense technology division allows it to offer highly specialized technology products in this field as well. Overall, Bittium Oyj has experienced impressive growth over the past few decades. The company has evolved from an electronic company to a global provider of wireless technologies that can be used in various industries. Bittium has a strong reputation in the industry and is a key player in the development of new innovative technologies. Bittium Oyj ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Bittium Oyj's P/E Ratio
The Price to Earnings (P/E) Ratio of Bittium Oyj 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 Bittium Oyj'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 Bittium Oyj 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 Bittium Oyj’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 Bittium Oyj stock
How has the price-earnings ratio of Bittium Oyj changed compared to last year?
The price-to-earnings ratio of Bittium Oyj has increased by -199.96% 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 Bittium Oyj high compared to other companies?
Yes, the price-to-earnings ratio of Bittium Oyj is high compared to other companies.
How does an increase in the price-earnings ratio of Bittium Oyj affect the company?
An increase in the price-earnings ratio of Bittium Oyj 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 Bittium Oyj affect the company?
A decrease in the price-earnings ratio of Bittium Oyj 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 Bittium Oyj?
Some factors that influence the price-earnings ratio of Bittium Oyj are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Bittium Oyj pay?
Over the past 12 months, Bittium Oyj paid a dividend of 0.05 EUR . This corresponds to a dividend yield of about 0.76 %. For the coming 12 months, Bittium Oyj is expected to pay a dividend of 0.05 EUR.
What is the dividend yield of Bittium Oyj?
The current dividend yield of Bittium Oyj is 0.76 %.
When does Bittium Oyj pay dividends?
Bittium Oyj pays a quarterly dividend. This is distributed in the months of May, May, May, May.
How secure is the dividend of Bittium Oyj?
Bittium Oyj paid dividends every year for the past 7 years.
What is the dividend of Bittium Oyj?
For the upcoming 12 months, dividends amounting to 0.05 EUR are expected. This corresponds to a dividend yield of 0.75 %.
In which sector is Bittium Oyj located?
Bittium Oyj is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Bittium Oyj kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bittium Oyj from 4/19/2024 amounting to 0.03 EUR, you needed to have the stock in your portfolio before the ex-date on 4/11/2024.
When did Bittium Oyj pay the last dividend?
The last dividend was paid out on 4/19/2024.
What was the dividend of Bittium Oyj in the year 2023?
In the year 2023, Bittium Oyj distributed 0.04 EUR as dividends.
In which currency does Bittium Oyj pay out the dividend?
The dividends of Bittium Oyj are distributed in EUR.
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Andere Kennzahlen von Bittium Oyj
Our stock analysis for Bittium Oyj 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 Bittium Oyj Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
