What is the price-to-earnings ratio of Centamin?
The price-earnings ratio of Centamin is currently 7.
Centamin P/E 2024
Centamin P/E
7
Ticker
CEY.L
ISIN
JE00B5TT1872
WKN
A1JPZ6
As of Nov 9, 2024, Centamin's P/E ratio was 7, a -58.48% change from the 16.86 P/E ratio recorded in the previous year.
The Centamin P/E history
Centamin Aktienanalyse
What does Centamin do?
Centamin PLC is a British-Egyptian company specializing in gold mining. It was founded in 1996 by Josef El-Raghy and began production in Egypt's largest gold mine, Sukari, in 2007. The company's business model focuses on maximizing the value of gold while minimizing associated risks. Centamin aims to maximize the efficiency and profitability of gold production to reward shareholders with stable cash flow and growing dividends. They also have divisions in Africa, the Czech Republic, and Colombia, and their products include gold bars and coins. Centamin places a strong emphasis on transparency, responsibility, and sustainable practices in gold production, complying with the highest environmental, social, and human rights standards. It also prioritizes creating long-term economic benefits for local communities by providing employment opportunities and supporting education, health, and charitable projects. In 2019, Centamin had a solid financial performance with an annual revenue of over $640 million, producing around 480,000 ounces of gold at an average price of over $1,300 per ounce. Despite challenges such as declining gold prices, political unrest, and difficult working conditions, Centamin has demonstrated its ability to adapt and remain profitable. In conclusion, Centamin PLC is an established company with a long history in gold mining. They prioritize maximizing gold production while complying with high environmental, social, and human rights standards. The company offers a wide range of gold products and places strong emphasis on sustainability and social engagement. Although they have faced challenges in the past, Centamin has shown its ability to adapt and remain profitable. Centamin ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Centamin's P/E Ratio
The Price to Earnings (P/E) Ratio of Centamin 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 Centamin'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 Centamin 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 Centamin’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 Centamin stock
How has the price-earnings ratio of Centamin changed compared to last year?
The price-to-earnings ratio of Centamin has increased by -58.48% 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 Centamin high compared to other companies?
Yes, the price-to-earnings ratio of Centamin is high compared to other companies.
How does an increase in the price-earnings ratio of Centamin affect the company?
An increase in the price-earnings ratio of Centamin 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 Centamin affect the company?
A decrease in the price-earnings ratio of Centamin 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 Centamin?
Some factors that influence the price-earnings ratio of Centamin are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Centamin pay?
Over the past 12 months, Centamin paid a dividend of 0.05 USD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Centamin is expected to pay a dividend of 0.04 USD.
What is the dividend yield of Centamin?
The current dividend yield of Centamin is 2.25 %.
When does Centamin pay dividends?
Centamin pays a quarterly dividend. This is distributed in the months of July, September, June, September.
How secure is the dividend of Centamin?
Centamin paid dividends every year for the past 15 years.
What is the dividend of Centamin?
For the upcoming 12 months, dividends amounting to 0.04 USD are expected. This corresponds to a dividend yield of 2.25 %.
In which sector is Centamin located?
Centamin is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Centamin kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Centamin from 9/27/2024 amounting to 0.023 USD, you needed to have the stock in your portfolio before the ex-date on 8/29/2024.
When did Centamin pay the last dividend?
The last dividend was paid out on 9/27/2024.
What was the dividend of Centamin in the year 2023?
In the year 2023, Centamin distributed 0.075 USD as dividends.
In which currency does Centamin pay out the dividend?
The dividends of Centamin are distributed in USD.
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Andere Kennzahlen von Centamin
Our stock analysis for Centamin 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 Centamin Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
