What is the price-to-earnings ratio of Coventry Group?
The price-earnings ratio of Coventry Group is currently 15.44.
Coventry Group P/E 2024
Coventry Group P/E
15.44
Ticker
CYG.AX
ISIN
AU000000CYG6
WKN
895475
As of Sep 11, 2024, Coventry Group's P/E ratio was 15.44, a -61.26% change from the 39.86 P/E ratio recorded in the previous year.
The Coventry Group P/E history
Coventry Group Aktienanalyse
What does Coventry Group do?
Coventry Group Ltd is an Australian company specializing in providing industrial products and services. It was founded in 1936 and is headquartered in Melbourne. The company is listed on the Australian stock exchange and focuses on making the working environment safer and more productive for its customers. Coventry Group Ltd has different divisions catering to various industries, such as trade supplies, automotive parts, fluid handling solutions, and fasteners. The company aims to deliver high-quality products at competitive prices and works closely with its customers to understand and meet their needs. It also prioritizes sustainable sourcing and has conducted environmental assessments and certifications for its products. Coventry Group Ltd is focused on strengthening its position in the Australian market and expanding its global presence, including in countries like New Zealand, Singapore, and Papua New Guinea. In summary, Coventry Group Ltd is a specialized provider of industrial products and services, with a diverse portfolio and a focus on innovation and expansion. Coventry Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Coventry Group's P/E Ratio
The Price to Earnings (P/E) Ratio of Coventry Group 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 Coventry Group'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 Coventry Group 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 Coventry Group’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 Coventry Group stock
How has the price-earnings ratio of Coventry Group changed compared to last year?
The price-to-earnings ratio of Coventry Group has increased by -61.26% 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 Coventry Group high compared to other companies?
Yes, the price-to-earnings ratio of Coventry Group is high compared to other companies.
How does an increase in the price-earnings ratio of Coventry Group affect the company?
An increase in the price-earnings ratio of Coventry Group 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 Coventry Group affect the company?
A decrease in the price-earnings ratio of Coventry Group 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 Coventry Group?
Some factors that influence the price-earnings ratio of Coventry Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Coventry Group pay?
Over the past 12 months, Coventry Group paid a dividend of 0.05 AUD . This corresponds to a dividend yield of about 4 %. For the coming 12 months, Coventry Group is expected to pay a dividend of 0.05 AUD.
What is the dividend yield of Coventry Group?
The current dividend yield of Coventry Group is 4 %.
When does Coventry Group pay dividends?
Coventry Group pays a quarterly dividend. This is distributed in the months of October, October, October, October.
How secure is the dividend of Coventry Group?
Coventry Group paid dividends every year for the past 6 years.
What is the dividend of Coventry Group?
For the upcoming 12 months, dividends amounting to 0.05 AUD are expected. This corresponds to a dividend yield of 4.03 %.
In which sector is Coventry Group located?
Coventry Group is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Coventry Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Coventry Group from 10/11/2024 amounting to 0.054 AUD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.
When did Coventry Group pay the last dividend?
The last dividend was paid out on 10/11/2024.
What was the dividend of Coventry Group in the year 2023?
In the year 2023, Coventry Group distributed 0.05 AUD as dividends.
In which currency does Coventry Group pay out the dividend?
The dividends of Coventry Group are distributed in AUD.
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Andere Kennzahlen von Coventry Group
Our stock analysis for Coventry Group 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 Coventry Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Coventry Group Revenue
- Coventry Group Net Income
- Coventry Group P/E
- Coventry Group P/S
- Coventry Group EBIT
- Coventry Group Dividend
- Coventry Group Stocks
- Coventry Group Market capitalization
- Coventry Group Debt
- Coventry Group Liabilities
- Coventry Group Equity
- Coventry Group AAQS
- Coventry Group Employees
- Coventry Group ROE
- Coventry Group ROA
- Coventry Group ROCE
