Celanese - Stock

Celanese P/E 2024

Celanese P/E

12.61

Ticker

CE

ISIN

US1508701034

WKN

A0DP2A

As of Jun 30, 2024, Celanese's P/E ratio was 12.61, a 113.01% change from the 5.92 P/E ratio recorded in the previous year.

The Celanese P/E history

Celanese Aktienanalyse

What does Celanese do?

Celanese Corp is a US-based chemical company that has been in existence for nearly a century. It is known for manufacturing high-quality specialty chemicals and custom solutions. The company was founded in 1918 as Texas Company and initially produced cellulose acetate. Over the years, it expanded its business to include the production of other polymers, plastics, and chemicals. Today, Celanese operates in four core areas: Engineered Materials, Acetyl Chain, Acetate Tow, and Nutrition & Health. Each division focuses on the production of specialized materials and additives used in various industries such as automotive, consumer goods, electronics, paper, textiles, and more. Celanese has established itself as a leading company in the chemical industry through constant innovation, customer service, and strategic partnerships. Celanese ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Celanese's P/E Ratio

The Price to Earnings (P/E) Ratio of Celanese 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 Celanese'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 Celanese 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 Celanese’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 Celanese Stock

What is the price-to-earnings ratio of Celanese?

The price-earnings ratio of Celanese is currently 12.61.

How has the price-earnings ratio of Celanese changed compared to last year?

The price-to-earnings ratio of Celanese has increased by 113.01% 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 Celanese high compared to other companies?

Yes, the price-to-earnings ratio of Celanese is high compared to other companies.

How does an increase in the price-earnings ratio of Celanese affect the company?

An increase in the price-earnings ratio of Celanese 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 Celanese affect the company?

A decrease in the price-earnings ratio of Celanese 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 Celanese?

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

How much dividend does Celanese pay?

Over the past 12 months, Celanese paid a dividend of 2.8 USD . This corresponds to a dividend yield of about 2.08 %. For the coming 12 months, Celanese is expected to pay a dividend of 3.59 USD.

What is the dividend yield of Celanese?

The current dividend yield of Celanese is 2.08 %.

When does Celanese pay dividends?

Celanese pays a quarterly dividend. This is distributed in the months of August, November, March, May.

How secure is the dividend of Celanese?

Celanese paid dividends every year for the past 24 years.

What is the dividend of Celanese?

For the upcoming 12 months, dividends amounting to 3.59 USD are expected. This corresponds to a dividend yield of 2.66 %.

In which sector is Celanese located?

Celanese is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Celanese kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Celanese from 5/13/2024 amounting to 0.7 USD, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did Celanese pay the last dividend?

The last dividend was paid out on 5/13/2024.

What was the dividend of Celanese in the year 2023?

In the year 2023, Celanese distributed 2.74 USD as dividends.

In which currency does Celanese pay out the dividend?

The dividends of Celanese are distributed in USD.

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Andere Kennzahlen von Celanese

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