What is the price-to-earnings ratio of Danaos?
The price-earnings ratio of Danaos is currently 3.48.
Danaos P/E 2024
Danaos P/E
3.48
Ticker
DAC
ISIN
MHY1968P1218
WKN
A2PH59
As of Oct 2, 2024, Danaos's P/E ratio was 3.48, a 68.93% change from the 2.06 P/E ratio recorded in the previous year.
The Danaos P/E history
Danaos Aktienanalyse
What does Danaos do?
Danaos Corp is a Greek company specializing in the operation of container ships. The company was founded in 1972 by Dimitris Coustas and is headquartered in Athens. Since then, Danaos Corp has become one of the world's largest ship lessors and is listed on the New York Stock Exchange. The business model of Danaos Corp is based on leasing container ships to shipping companies worldwide. The company owns a fleet of over 60 ships, which are typically leased to customers on a long-term basis. This allows Danaos Corp to generate stable income and transfer risks to the tenants. Danaos Corp is divided into several divisions, each offering different products and services. The largest division is Container Shipping, which is responsible for operating the fleet. In addition, there are also Technical Management, Insurance Services, and Finance divisions. Each of these divisions is responsible for a specific part of the business and contributes to the stability of the company. The products offered by Danaos Corp are primarily container ships of various sizes. The fleet mainly consists of Panamax and Post-Panamax ships, which are particularly suitable for container transport. In addition, the company also offers various services, such as technical support for the ships or insurance coverage against risks such as piracy or accidents. In recent years, Danaos Corp has also expanded into the renewable energy sector and invested in wind farms and solar parks. This is intended to reduce dependence on fossil fuels and ensure long-term stable income. The history of Danaos Corp is characterized by growth and stability. Since its inception, the company has continued to develop and has also weathered the financial crisis of the 2000s. An important factor for success is the long-term orientation of the business model, which allows the company to generate stable income even in difficult times. Overall, Danaos Corp is a solid and diversified company operating in an important and growing market. With its long-standing experience and expertise in container shipping, the company is well positioned to continue to be successful in the future. Danaos ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Danaos's P/E Ratio
The Price to Earnings (P/E) Ratio of Danaos 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 Danaos'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 Danaos 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 Danaos’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 Danaos stock
How has the price-earnings ratio of Danaos changed compared to last year?
The price-to-earnings ratio of Danaos has increased by 68.93% 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 Danaos high compared to other companies?
Yes, the price-to-earnings ratio of Danaos is high compared to other companies.
How does an increase in the price-earnings ratio of Danaos affect the company?
An increase in the price-earnings ratio of Danaos 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 Danaos affect the company?
A decrease in the price-earnings ratio of Danaos 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 Danaos?
Some factors that influence the price-earnings ratio of Danaos are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Danaos pay?
Over the past 12 months, Danaos paid a dividend of 3.05 USD . This corresponds to a dividend yield of about 3.51 %. For the coming 12 months, Danaos is expected to pay a dividend of 3.66 USD.
What is the dividend yield of Danaos?
The current dividend yield of Danaos is 3.51 %.
When does Danaos pay dividends?
Danaos pays a quarterly dividend. This is distributed in the months of December, March, July, September.
How secure is the dividend of Danaos?
Danaos paid dividends every year for the past 6 years.
What is the dividend of Danaos?
For the upcoming 12 months, dividends amounting to 3.66 USD are expected. This corresponds to a dividend yield of 4.22 %.
In which sector is Danaos located?
Danaos is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Danaos kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Danaos from 8/29/2024 amounting to 0.8 USD, you needed to have the stock in your portfolio before the ex-date on 8/20/2024.
When did Danaos pay the last dividend?
The last dividend was paid out on 8/29/2024.
What was the dividend of Danaos in the year 2023?
In the year 2023, Danaos distributed 3 USD as dividends.
In which currency does Danaos pay out the dividend?
The dividends of Danaos are distributed in USD.
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Andere Kennzahlen von Danaos
Our stock analysis for Danaos 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 Danaos Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
