What is the price-to-earnings ratio of CTS?
The price-earnings ratio of CTS is currently 24.48.
CTS P/E 2024
CTS P/E
24.48
Ticker
CTS
ISIN
US1265011056
WKN
850843
As of Jul 5, 2024, CTS's P/E ratio was 24.48, a 3.82% change from the 23.58 P/E ratio recorded in the previous year.
The CTS P/E history
CTS Aktienanalyse
What does CTS do?
CTS Corp is a publicly-traded company based in Lisle, Illinois, USA, that offers electronics products and services to businesses worldwide. The company was founded in 1896 and has since become a leading provider of components, sensors, and systems for various industries. CTS Corp has a wide portfolio of products, including electromechanical components, frequency control components, sensors, filters, switches, and capacitors. The business model of CTS Corp revolves around manufacturing products and services necessary to make its customers' systems functional. The company has a large number of customers in various industries such as automotive, healthcare, industrial, and aerospace. CTS Corp produces a broad range of components and systems needed in diverse areas, allowing for high diversification and reduced market risk. CTS Corp has various divisions worldwide, including automotive, medical, defense and aerospace, industrial, and communications. In the automotive division, the company produces components and systems for cars, such as sensors, actuators, and electronic control units. In the medical division, the company supplies products like electrode sets needed for long-term patient monitoring. In the defense and aerospace division, the company manufactures electronic components and systems for the defense and aviation industries. The industrial division offers products like smart grid components and LED lighting. In the communications division, CTS Corp produces products like high-speed connectors and antennas. Some of CTS Corp's well-known products include ceramic resonators and filters used in mobile phones, computers, and communication systems. Additionally, the company produces components and systems for controlling motors and drives used in the automotive and aviation industries. Another important product of CTS Corp is the ultra-miniaturized quartz oscillator, which has high precision and stability and is used in many electronic devices. In 2019, CTS Corp had revenue of $498.9 million. The company employed 3,500 people worldwide and had production facilities in North America, Europe, and Asia. CTS Corp aims to be innovative and constantly develop new products and services that meet its customers' needs. The company invests continuously in research and development and collaborates closely with customers and other companies to develop new technologies and products. Overall, CTS Corp is a reputable company with an impressive history and is now a significant player in the global electronics market. The company has an extensive product portfolio and offers services in various industries. CTS Corp strives to improve existing technologies and consistently develop innovative solutions to fulfill its customers' needs. Please provide specific type of answer, as there are multiple questions asked. CTS ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering CTS's P/E Ratio
The Price to Earnings (P/E) Ratio of CTS 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 CTS'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 CTS 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 CTS’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 CTS stock
How has the price-earnings ratio of CTS changed compared to last year?
The price-to-earnings ratio of CTS has increased by 3.82% 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 CTS high compared to other companies?
Yes, the price-to-earnings ratio of CTS is high compared to other companies.
How does an increase in the price-earnings ratio of CTS affect the company?
An increase in the price-earnings ratio of CTS 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 CTS affect the company?
A decrease in the price-earnings ratio of CTS 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 CTS?
Some factors that influence the price-earnings ratio of CTS are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does CTS pay?
Over the past 12 months, CTS paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 0.32 %. For the coming 12 months, CTS is expected to pay a dividend of 0.18 USD.
What is the dividend yield of CTS?
The current dividend yield of CTS is 0.32 %.
When does CTS pay dividends?
CTS pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of CTS?
CTS paid dividends every year for the past 22 years.
What is the dividend of CTS?
For the upcoming 12 months, dividends amounting to 0.18 USD are expected. This corresponds to a dividend yield of 0.35 %.
In which sector is CTS located?
CTS is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von CTS kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CTS from 7/26/2024 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.
When did CTS pay the last dividend?
The last dividend was paid out on 7/26/2024.
What was the dividend of CTS in the year 2023?
In the year 2023, CTS distributed 0.16 USD as dividends.
In which currency does CTS pay out the dividend?
The dividends of CTS are distributed in USD.
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Andere Kennzahlen von CTS
Our stock analysis for CTS 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 CTS Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
