What is the price-to-earnings ratio of Clorox?
The price-earnings ratio of Clorox is currently 21.4.
Clorox P/E 2024
Clorox P/E
21.4
Clorox Dividend yield
3.71 %
Ticker
CLX
ISIN
US1890541097
WKN
856678
As of May 30, 2024, Clorox's P/E ratio was 21.4, a -83.81% change from the 132.22 P/E ratio recorded in the previous year.
The Clorox P/E history
Clorox Aktienanalyse
What does Clorox do?
The Clorox Co is an American company that manufactures and distributes cleaning and hygiene products. It was founded in 1913 by engineer Archibald Taft in California under the name Electro-Alkaline Company. The name was later changed to Clorox Chemical Company, with a focus on the bleach chlorine oxide, also known as "Clorox." Through continuous research and product development, Clorox Co has become one of the leading companies in the industry. Its business model is based on offering a wide range of products for everyday life to help customers keep their environment clean and hygienic. Clorox Co has four main business areas: household cleaning, professional cleaning, food products, and Personal Protective Equipment (PPE). In the household cleaning sector, the company offers products such as bleach, cleaning sprays and wipes, mold removers, and toilet cleaners. Professional cleaning products include cleaning agents and systems for use in hospitals, schools, and other facilities. In the food sector, Clorox focuses on brands such as Hidden Valley, K C Masterpiece, and Brita water filter products. Personal protective equipment refers to products such as masks and gloves. Clorox's most well-known product is Clorox bleach, which is offered in various forms. It helps remove stains, protects against bacteria, and brightens textile materials. Over the years, the company has expanded its product portfolio to include a variety of cleaning products tailored to customer needs. An important development in Clorox's history was its expansion abroad, particularly in countries such as Canada, Latin America, and Europe. Introducing Clorox products in these markets allowed the company to further expand its business and achieve a larger global presence. Another important step was acquiring other companies. Over the years, Clorox has made several acquisitions to expand its business and increase its customer base. One of the largest acquisitions was the purchase of Procter & Gamble's former subsidiary, Clairol. This acquisition allowed Clorox to expand its offering of hair care products. In recent years, Clorox has also heavily invested in research and development to make its range of products even more effective and customer-friendly. The company has also recognized the importance of ecological and sustainable products and now offers a variety of environmentally friendly and sustainable products, such as Green Works cleaning agents. In summary, Clorox Co is one of the most well-known and successful brands in the cleaning and hygiene industry. Through continuous innovation and expansion of its product portfolio, the company has gained a leading position in the industry. With a wide range of products and services tailored to customer needs, Clorox offers innovative solutions for everyday use. Clorox ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Clorox's P/E Ratio
The Price to Earnings (P/E) Ratio of Clorox 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 Clorox'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 Clorox 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 Clorox’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 Clorox Stock
How has the price-earnings ratio of Clorox changed compared to last year?
The price-to-earnings ratio of Clorox has increased by -83.81% 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 Clorox high compared to other companies?
Yes, the price-to-earnings ratio of Clorox is high compared to other companies.
How does an increase in the price-earnings ratio of Clorox affect the company?
An increase in the price-earnings ratio of Clorox 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 Clorox affect the company?
A decrease in the price-earnings ratio of Clorox 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 Clorox?
Some factors that influence the price-earnings ratio of Clorox are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Clorox pay?
Over the past 12 months, Clorox paid a dividend of 4.76 USD . This corresponds to a dividend yield of about 3.71 %. For the coming 12 months, Clorox is expected to pay a dividend of 4.59 USD.
What is the dividend yield of Clorox?
The current dividend yield of Clorox is 3.71 %.
When does Clorox pay dividends?
Clorox pays a quarterly dividend. This is distributed in the months of September, November, March, May.
How secure is the dividend of Clorox?
Clorox paid dividends every year for the past 57 years.
What is the dividend of Clorox?
For the upcoming 12 months, dividends amounting to 4.59 USD are expected. This corresponds to a dividend yield of 3.58 %.
In which sector is Clorox located?
Clorox is assigned to the 'Non-cyclical consumption' sector.
Wann musste ich die Aktien von Clorox kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Clorox from 5/10/2024 amounting to 1.2 USD, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.
When did Clorox pay the last dividend?
The last dividend was paid out on 5/10/2024.
What was the dividend of Clorox in the year 2023?
In the year 2023, Clorox distributed 4.68 USD as dividends.
In which currency does Clorox pay out the dividend?
The dividends of Clorox are distributed in USD.
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Andere Kennzahlen von Clorox
Our stock analysis for Clorox 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 Clorox Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
