What is the price-to-earnings ratio of Culp?
The price-earnings ratio of Culp is currently -4.04.
Culp P/E 2024
Culp P/E
-4.04
Ticker
CULP
ISIN
US2302151053
WKN
919437
As of Aug 12, 2024, Culp's P/E ratio was -4.04, a 146.34% change from the -1.64 P/E ratio recorded in the previous year.
The Culp P/E history
Culp Aktienanalyse
What does Culp do?
Culp Inc. is a company based in High Point, North Carolina, founded in 1972 by Robert G. Culp and his son Iv Culp. It has become one of the leading manufacturers of textile products. The company specializes in the manufacturing of fabrics, mattress upholstery, and finished products, offering a wide range of products for various industries such as furniture, automotive, and mattress industry. It has three main divisions: Mattress Fabrics Division, Upholstery Fabrics Division, and Global Sourcing & Operations Division. Culp ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Culp's P/E Ratio
The Price to Earnings (P/E) Ratio of Culp 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 Culp'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 Culp 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 Culp’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 Culp stock
How has the price-earnings ratio of Culp changed compared to last year?
The price-to-earnings ratio of Culp has increased by 146.34% 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 Culp high compared to other companies?
Yes, the price-to-earnings ratio of Culp is high compared to other companies.
How does an increase in the price-earnings ratio of Culp affect the company?
An increase in the price-earnings ratio of Culp 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 Culp affect the company?
A decrease in the price-earnings ratio of Culp 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 Culp?
Some factors that influence the price-earnings ratio of Culp are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Culp pay?
Over the past 12 months, Culp paid a dividend of 0.23 USD . This corresponds to a dividend yield of about 5 %. For the coming 12 months, Culp is expected to pay a dividend of 0 USD.
What is the dividend yield of Culp?
The current dividend yield of Culp is 5 %.
When does Culp pay dividends?
Culp pays a quarterly dividend. This is distributed in the months of August, November, February, May.
How secure is the dividend of Culp?
Culp paid dividends every year for the past 3 years.
What is the dividend of Culp?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Culp located?
Culp is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Culp kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Culp from 4/19/2022 amounting to 0.115 USD, you needed to have the stock in your portfolio before the ex-date on 4/8/2022.
When did Culp pay the last dividend?
The last dividend was paid out on 4/19/2022.
What was the dividend of Culp in the year 2023?
In the year 2023, Culp distributed 0.23 USD as dividends.
In which currency does Culp pay out the dividend?
The dividends of Culp 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 Culp
Our stock analysis for Culp 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 Culp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
