What is the price-to-earnings ratio of DRDGOLD?
The price-earnings ratio of DRDGOLD is currently 1.05.
DRDGOLD P/E 2024
DRDGOLD P/E
1.05
Ticker
DRD.JO
ISIN
ZAE000058723
WKN
A0DNR0
As of Sep 8, 2024, DRDGOLD's P/E ratio was 1.05, a -31.82% change from the 1.54 P/E ratio recorded in the previous year.
The DRDGOLD P/E history
DRDGOLD Aktienanalyse
What does DRDGOLD do?
DRDGOLD Ltd is a South African company that focuses on the extraction and processing of gold. The company has a long history, dating back to 1895 when it was established as Durban Roodepoort Deep Mine. Over the years, the company has evolved and merged with Ergo Mining in 1998 to become the current DRDGOLD Ltd. DRDGOLD's business model is focused on utilizing resources to maximize efficiency and production. The company operates several mines in South Africa, including the ERGO Combination Project in Brakpan, the Crown Mines Joint Venture, and the Sibanye-Stillwater Surface Tailings Retreatment Project. These mines are valuable resources in the gold industry as they contain large amounts of slag and residues from previous mining activities that still contain gold. DRDGOLD has perfected the process of recovering gold from slag through its technologically advanced facilities and equipment. The company is able to utilize the most challenging resources to extract valuable metal, making it one of the most competitive companies in the industry. DRDGOLD has also collaborated with other companies to develop new technologies and find more effective methods of gold recovery. The company is divided into several business segments that focus on different aspects of the gold industry. For example, there is the DRDGold Surface business segment, which focuses on processing mining and slag residues into gold. The Sibanye-Stillwater Surface business segment aims to process multiple mine areas from Sibanye-Stillwater in the Witwatersrand belt. The Crown Mines Joint Venture refers to the joint venture cooperation in the area of old mines in Johannesburg. In terms of products, DRDGOLD offers several different types of gold. These include: - Refined gold, also known as purified gold, is the end product obtained from the recycling process. It is high-quality gold that can be used for jewelry or investment. - CIL gold refers to the gold obtained through the CIL (Carbon-in-Leach) process, a chemical process. It is a method of extracting gold from gravity and slag residues found in the mines. - Pyrite concentrate gold refers to the gold obtained from the concentrate of pyrite extraction, which contains significant amounts of gold. DRDGOLD is a key player in the gold industry and has earned an excellent reputation over the years due to its innovative approach and commitment to resource recovery. The company has focused on creating value for its customers while operating in an environmentally conscious manner. With its knowledge and experience in gold extraction, DRDGOLD is able to advise its customers professionally and competently, while maintaining its influence in the gold industry. DRDGOLD ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering DRDGOLD's P/E Ratio
The Price to Earnings (P/E) Ratio of DRDGOLD 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 DRDGOLD'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 DRDGOLD 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 DRDGOLD’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 DRDGOLD stock
How has the price-earnings ratio of DRDGOLD changed compared to last year?
The price-to-earnings ratio of DRDGOLD has increased by -31.82% 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 DRDGOLD high compared to other companies?
Yes, the price-to-earnings ratio of DRDGOLD is high compared to other companies.
How does an increase in the price-earnings ratio of DRDGOLD affect the company?
An increase in the price-earnings ratio of DRDGOLD 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 DRDGOLD affect the company?
A decrease in the price-earnings ratio of DRDGOLD 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 DRDGOLD?
Some factors that influence the price-earnings ratio of DRDGOLD are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does DRDGOLD pay?
Over the past 12 months, DRDGOLD paid a dividend of 0.4 ZAR . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, DRDGOLD is expected to pay a dividend of 0.44 ZAR.
What is the dividend yield of DRDGOLD?
The current dividend yield of DRDGOLD is 0.03 %.
When does DRDGOLD pay dividends?
DRDGOLD pays a quarterly dividend. This is distributed in the months of October, April, October, October.
How secure is the dividend of DRDGOLD?
DRDGOLD paid dividends every year for the past 19 years.
What is the dividend of DRDGOLD?
For the upcoming 12 months, dividends amounting to 0.44 ZAR are expected. This corresponds to a dividend yield of 0.03 %.
In which sector is DRDGOLD located?
DRDGOLD is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von DRDGOLD kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of DRDGOLD from 9/16/2024 amounting to 0.01 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did DRDGOLD pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of DRDGOLD in the year 2023?
In the year 2023, DRDGOLD distributed 0.85 ZAR as dividends.
In which currency does DRDGOLD pay out the dividend?
The dividends of DRDGOLD are distributed in ZAR.
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Andere Kennzahlen von DRDGOLD
Our stock analysis for DRDGOLD 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 DRDGOLD Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
