Comet Holding - Stock

Comet Holding P/E 2024

Comet Holding P/E

58.85

Ticker

COTN.SW

ISIN

CH0360826991

WKN

A2DNSP

As of Jul 4, 2024, Comet Holding's P/E ratio was 58.85, a -52.01% change from the 122.62 P/E ratio recorded in the previous year.

The Comet Holding P/E history

Comet Holding Aktienanalyse

What does Comet Holding do?

The Comet Holding AG is an internationally active company based in Flamatt, Switzerland. The company was founded in 1948 and has since become one of the world's leading providers of industrial X-ray and high-voltage testing systems. The company's business model is based on the development, production, and distribution of solutions for non-destructive testing and material analysis. Comet's products are used in a variety of industries, including aviation, automotive, electronics, power generation, and medical technology. The company operates in three business areas: Industrial X-Ray, Plasma Control Technologies, and ebeam Technologies. In the Industrial X-Ray sector, Comet offers innovative solutions for non-destructive testing of materials and products. Advanced high-voltage technologies are used to gain detailed insights into material structures, even in hard-to-reach areas. Comet offers a wide range of products and services in this area, including portable X-ray inspection devices, custom testing systems, and X-ray inspection services. In the Plasma Control Technologies sector, Comet develops and produces systems for controlling plasma and vacuum applications. These systems are used in semiconductor manufacturing, display production, and research to ensure precise control of the electronic properties of materials. In the ebeam Technologies business area, Comet is a leader in the development of electron beam technologies. This includes systems for surface curing, material processing, and sterilization. These solutions are used in medical technology, food processing, and the automotive industry. Comet's products are known for their high quality, reliability, and efficiency. To meet these high standards, the company operates strict quality control and maintains an extensive global network of service technicians who support customers on-site. In recent years, Comet has set the goal of strengthening its presence in rapidly growing markets such as Asia and North America. The company has made several acquisitions to expand its product portfolio and increase its market presence. In summary, Comet Holding AG is a leading company in the development and production of solutions for non-destructive testing and material analysis. With a wide range of products and services, the company serves a variety of industries worldwide. Comet has earned a reputation as an innovative and reliable partner for its customers due to its high quality, reliability, and efficiency. Comet Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Comet Holding's P/E Ratio

The Price to Earnings (P/E) Ratio of Comet Holding 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 Comet Holding'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 Comet Holding 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 Comet Holding’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 Comet Holding stock

What is the price-to-earnings ratio of Comet Holding?

The price-earnings ratio of Comet Holding is currently 58.85.

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

The price-to-earnings ratio of Comet Holding has increased by -52.01% 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 Comet Holding high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Comet Holding 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 Comet Holding?

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

How much dividend does Comet Holding pay?

Over the past 12 months, Comet Holding paid a dividend of 3.7 CHF . This corresponds to a dividend yield of about 0.99 %. For the coming 12 months, Comet Holding is expected to pay a dividend of 4.32 CHF.

What is the dividend yield of Comet Holding?

The current dividend yield of Comet Holding is 0.99 %.

When does Comet Holding pay dividends?

Comet Holding pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Comet Holding?

Comet Holding paid dividends every year for the past 0 years.

What is the dividend of Comet Holding?

For the upcoming 12 months, dividends amounting to 4.32 CHF are expected. This corresponds to a dividend yield of 1.16 %.

In which sector is Comet Holding located?

Comet Holding is assigned to the 'Information technology' sector.

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

To receive the latest dividend of Comet Holding from 4/25/2024 amounting to 1 CHF, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.

When did Comet Holding pay the last dividend?

The last dividend was paid out on 4/25/2024.

What was the dividend of Comet Holding in the year 2023?

In the year 2023, Comet Holding distributed 3.5 CHF as dividends.

In which currency does Comet Holding pay out the dividend?

The dividends of Comet Holding are distributed in CHF.

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Andere Kennzahlen von Comet Holding

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