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Canare Electric Co Stock

Canare Electric Co P/E 2024

Canare Electric Co P/E

7.5

Ticker

5819.T

ISIN

JP3215300009

As of Sep 17, 2024, Canare Electric Co's P/E ratio was 7.5, a -43.35% change from the 13.24 P/E ratio recorded in the previous year.

The Canare Electric Co P/E history

Canare Electric Co Aktienanalyse

What does Canare Electric Co do?

Canare Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Canare Electric Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Canare Electric Co 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 Canare Electric Co'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 Canare Electric Co 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 Canare Electric Co’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 Canare Electric Co stock

What is the price-to-earnings ratio of Canare Electric Co?

The price-earnings ratio of Canare Electric Co is currently 7.5.

How has the price-earnings ratio of Canare Electric Co changed compared to last year?

The price-to-earnings ratio of Canare Electric Co has increased by -43.35% 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 Canare Electric Co high compared to other companies?

Yes, the price-to-earnings ratio of Canare Electric Co is high compared to other companies.

How does an increase in the price-earnings ratio of Canare Electric Co affect the company?

An increase in the price-earnings ratio of Canare Electric Co 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 Canare Electric Co affect the company?

A decrease in the price-earnings ratio of Canare Electric Co 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 Canare Electric Co?

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

How much dividend does Canare Electric Co pay?

Over the past 12 months, Canare Electric Co paid a dividend of 62 JPY . This corresponds to a dividend yield of about 4.48 %. For the coming 12 months, Canare Electric Co is expected to pay a dividend of 62 JPY.

What is the dividend yield of Canare Electric Co?

The current dividend yield of Canare Electric Co is 4.48 %.

When does Canare Electric Co pay dividends?

Canare Electric Co pays a quarterly dividend. This is distributed in the months of July, January, July, January.

How secure is the dividend of Canare Electric Co?

Canare Electric Co paid dividends every year for the past 18 years.

What is the dividend of Canare Electric Co?

For the upcoming 12 months, dividends amounting to 62 JPY are expected. This corresponds to a dividend yield of 4.48 %.

In which sector is Canare Electric Co located?

Canare Electric Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Canare Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canare Electric Co from 3/1/2025 amounting to 28 JPY, you needed to have the stock in your portfolio before the ex-date on 12/27/2024.

When did Canare Electric Co pay the last dividend?

The last dividend was paid out on 3/1/2025.

What was the dividend of Canare Electric Co in the year 2023?

In the year 2023, Canare Electric Co distributed 35 JPY as dividends.

In which currency does Canare Electric Co pay out the dividend?

The dividends of Canare Electric Co are distributed in JPY.

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Andere Kennzahlen von Canare Electric Co

Our stock analysis for Canare Electric Co 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 Canare Electric Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.