What is the price-to-earnings ratio of Canon?
The price-earnings ratio of Canon is currently 14.95.
As of Nov 25, 2024, Canon's P/E ratio was 14.95, a 12.83% change from the 13.25 P/E ratio recorded in the previous year.
The Price to Earnings (P/E) Ratio of Canon 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.
Assessing Canon'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.
The P/E ratio of Canon 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.
Fluctuations in Canon’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.
The price-earnings ratio of Canon is currently 14.95.
The price-to-earnings ratio of Canon has increased by 12.83% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Canon is high compared to other companies.
An increase in the price-earnings ratio of Canon would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Canon would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Canon are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Canon paid a dividend of 140 JPY . This corresponds to a dividend yield of about 2.77 %. For the coming 12 months, Canon is expected to pay a dividend of 144.65 JPY.
The current dividend yield of Canon is 2.77 %.
Canon pays a quarterly dividend. This is distributed in the months of July, January, July, January.
Canon paid dividends every year for the past 23 years.
For the upcoming 12 months, dividends amounting to 144.65 JPY are expected. This corresponds to a dividend yield of 2.86 %.
Canon is assigned to the 'Information technology' sector.
To receive the latest dividend of Canon from 3/1/2025 amounting to 75 JPY, you needed to have the stock in your portfolio before the ex-date on 12/27/2024.
The last dividend was paid out on 3/1/2025.
In the year 2023, Canon distributed 120 JPY as dividends.
The dividends of Canon are distributed in JPY.
The Canon stock can be added to a savings plan with the following providers: Consorsbank
Our stock analysis for Canon 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 Canon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.