What is the price-to-earnings ratio of Codere?
The price-earnings ratio of Codere is currently 0.
Codere P/E 2024
Codere P/E
0
Ticker
CDR.MC
ISIN
ES0119256032
WKN
A2H7MG
As of Nov 6, 2024, Codere's P/E ratio was 0, a 0% change from the 0 P/E ratio recorded in the previous year.
The Codere P/E history
Codere Aktienanalyse
What does Codere do?
Codere SA is a Madrid-based company specializing in gambling and betting. The company was founded in 1980 by the Franco family and has been listed on the stock exchange since 2007. Originally started as a manufacturer of slot machines, Codere has become a leading provider of gambling and betting services in Latin America, Europe, and Asia over the years. The company currently operates over 56,000 gambling terminals and 146 casinos in nine countries. Codere's business model is focused on providing customers with a comprehensive range of gambling and betting services. The company operates not only land-based casinos but also offers online betting and gaming. It is heavily involved in Latin America and has entered into several strategic partnerships with major local operators. Codere is divided into four business segments: Gaming Machines, Sports Betting, Casinos, and Online Gaming. The Gaming Machines segment includes the design, production, and operation of electronic slot machines and other gambling terminals. The Sports Betting segment operates sports betting locations and offers online betting. The Casinos segment operates casinos and gaming halls in various countries, while Online Gaming focuses on providing online casino and poker services. Codere offers a wide range of gambling and betting services, as well as other entertainment options. The company offers a variety of slot machines and terminal games, including classic slots, video slots, video poker, roulette, and blackjack. It also offers betting on a variety of sports and events, including football, tennis, and horse racing. Codere also operates land-based casinos in Latin America and Spain, offering a wide range of games such as roulette, blackjack, poker, and more. The company has also heavily focused on online gaming, offering a wide range of online casino games and poker games on multiple platforms such as websites and mobile apps. Codere has established itself as a trusted and responsible operator in the industry. It is known for its commitment to responsible gambling and has implemented measures such as employee training programs and self-help programs for players. In recent years, Codere has pursued a robust growth strategy, expanding into new markets and diversifying its offering of gambling and betting services. The company has also invested in technological innovations to ensure it provides customers with the best possible experience, whether in land-based casinos or online. Overall, Codere SA has become a key player in the gambling industry over the years. The company has built a wide range of products and services and continues to expand into new markets. With its commitment to responsible gambling and investments in technological innovations, Codere is well-positioned to continue its success in the future. Codere ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Codere's P/E Ratio
The Price to Earnings (P/E) Ratio of Codere 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 Codere'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 Codere 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 Codere’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 Codere stock
How has the price-earnings ratio of Codere changed compared to last year?
The price-to-earnings ratio of Codere has increased by 0% 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 Codere high compared to other companies?
Yes, the price-to-earnings ratio of Codere is high compared to other companies.
How does an increase in the price-earnings ratio of Codere affect the company?
An increase in the price-earnings ratio of Codere 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 Codere affect the company?
A decrease in the price-earnings ratio of Codere 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 Codere?
Some factors that influence the price-earnings ratio of Codere are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Codere pay?
Over the past 12 months, Codere paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Codere is expected to pay a dividend of 0 EUR.
What is the dividend yield of Codere?
The current dividend yield of Codere is .
When does Codere pay dividends?
Codere pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Codere?
Codere paid dividends every year for the past 0 years.
What is the dividend of Codere?
For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.
In which sector is Codere located?
Codere is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Codere kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Codere from 11/6/2024 amounting to 0 EUR, you needed to have the stock in your portfolio before the ex-date on 11/6/2024.
When did Codere pay the last dividend?
The last dividend was paid out on 11/6/2024.
What was the dividend of Codere in the year 2023?
In the year 2023, Codere distributed 0 EUR as dividends.
In which currency does Codere pay out the dividend?
The dividends of Codere are distributed in EUR.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Codere
Our stock analysis for Codere 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 Codere Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.