Conrad Industries Stock

Conrad Industries P/E 2024

Conrad Industries P/E

5.36

Ticker

CNRD

ISIN

US2083051027

WKN

923232

As of Dec 5, 2024, Conrad Industries's P/E ratio was 5.36, a 23.79% change from the 4.33 P/E ratio recorded in the previous year.

The Conrad Industries P/E history

Conrad Industries Aktienanalyse

What does Conrad Industries do?

Conrad Industries Inc is a US-based company that specializes in the construction, repair, and conversion of marine vessels for both domestic and international clients. It was founded in 1948 by Parker Conrad Sr. in Morgan City, Louisiana. Originally, the company built wooden shrimping boats, but later expanded to construct steel-hulled vessels. Over the years, Conrad Industries has modernized its facilities and become a leading shipbuilder in the US. It operates through various business segments, including Shipbuilding and Marine Repair, Fabrication, and Energy. The company's shipyards are equipped with state-of-the-art facilities for construction and repair needs of marine vessels. The Fabrication segment offers custom metal fabrication services for industries such as oil and gas, petrochemical, and industrial manufacturing. The Energy segment focuses on construction and repair of drilling rigs, production platforms, and other offshore energy structures. Conrad Industries also provides additional services such as marine engineering and design, crane rentals, harbor and terminal services, and vessel leasing. The company prioritizes quality, safety, and environmental responsibility, ensuring compliance with regulations and industry standards. Conrad Industries is known for its reliability and is trusted by clients worldwide. Conrad Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Conrad Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Conrad Industries 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 Conrad Industries'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 Conrad Industries 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 Conrad Industries’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 Conrad Industries stock

What is the price-to-earnings ratio of Conrad Industries?

The price-earnings ratio of Conrad Industries is currently 5.36.

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

The price-to-earnings ratio of Conrad Industries has increased by 23.79% 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 Conrad Industries high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Conrad Industries 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 Conrad Industries?

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

How much dividend does Conrad Industries pay?

Over the past 12 months, Conrad Industries paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Conrad Industries is expected to pay a dividend of 2 USD.

What is the dividend yield of Conrad Industries?

The current dividend yield of Conrad Industries is .

When does Conrad Industries pay dividends?

Conrad Industries pays a quarterly dividend. This is distributed in the months of December, April, June, September.

How secure is the dividend of Conrad Industries?

Conrad Industries paid dividends every year for the past 2 years.

What is the dividend of Conrad Industries?

For the upcoming 12 months, dividends amounting to 2 USD are expected. This corresponds to a dividend yield of 14.29 %.

In which sector is Conrad Industries located?

Conrad Industries is assigned to the 'Industry' sector.

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

To receive the latest dividend of Conrad Industries from 9/15/2016 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 8/23/2016.

When did Conrad Industries pay the last dividend?

The last dividend was paid out on 9/15/2016.

What was the dividend of Conrad Industries in the year 2023?

In the year 2023, Conrad Industries distributed 2 USD as dividends.

In which currency does Conrad Industries pay out the dividend?

The dividends of Conrad Industries are distributed in USD.

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 Conrad Industries

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