Draegerwerk AG & Co KGaA P/E 2024

Draegerwerk AG & Co KGaA P/E

17.26

Draegerwerk AG & Co KGaA Dividend yield

0.3 %

Ticker

DRW8.DE

ISIN

DE0005550602

WKN

555060

As of May 3, 2024, Draegerwerk AG & Co KGaA's P/E ratio was 17.26, a 164.72% change from the 6.52 P/E ratio recorded in the previous year.

The Draegerwerk AG & Co KGaA P/E history

Draegerwerk AG & Co KGaA Aktienanalyse

What does Draegerwerk AG & Co KGaA do?

The Draegerwerk AG & Co KGaA is an internationally active company based in Lübeck and is one of the leading manufacturers of medical and safety technology. The company was founded in 1889 by Heinrich Draeger, who initially produced accessories for heating and lighting devices. Just a few years later, Draeger recognized the potential of respiratory protection devices and started production of diving and firefighting equipment. The company's business model is based on the development and manufacture of innovative products that contribute to improving the health, safety, and efficiency of people in various work areas. Draeger relies on close collaboration with customers and partners, as well as continuous improvement of its own products and processes. Draeger operates in four business areas: medical and care technology, gas detection technology, safety technology, and diving technology. In the field of medical and care technology, the company offers ventilators, anesthesia workplaces, and monitoring systems, for example. Gas detection technology includes products for measuring and monitoring gases in various work environments, such as the chemical industry or firefighting operations. In the field of safety technology, Draeger offers solutions for firefighting, gas detection, and personal protection. This includes respiratory protection devices, full protective suits, and gas detectors. Under the diving technology business area, the company develops and produces equipment for professional divers as well as for the leisure sector. Draeger's product range is very extensive and covers various application areas. In addition to the mentioned products, this includes mobile gas detection devices, mobile patient monitoring systems, and ambulances. Draeger pays special attention to the quality and safety of its products. The company sets high standards for product safety and compliance with regulations and certifications. These include, for example, ISO 9001 and ISO 13485 certifications, as well as the CE marking. The Draegerwerk AG & Co KGaA employs more than 14,000 people worldwide and is represented in over 190 countries. The company attaches great importance to sustainable and responsible corporate governance. This includes environmentally conscious production methods, fair and respectful cooperation with employees and partners, as well as engagement in social projects and charitable organizations. Draegerwerk AG & Co KGaA ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Draegerwerk AG & Co KGaA's P/E Ratio

The Price to Earnings (P/E) Ratio of Draegerwerk AG & Co KGaA 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 Draegerwerk AG & Co KGaA'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 Draegerwerk AG & Co KGaA 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 Draegerwerk AG & Co KGaA’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 Draegerwerk AG & Co KGaA Stock

What is the price-to-earnings ratio of Draegerwerk AG & Co KGaA?

The price-earnings ratio of Draegerwerk AG & Co KGaA is currently 17.26.

How has the price-earnings ratio of Draegerwerk AG & Co KGaA changed compared to last year?

The price-to-earnings ratio of Draegerwerk AG & Co KGaA has increased by 164.72% 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 Draegerwerk AG & Co KGaA high compared to other companies?

Yes, the price-to-earnings ratio of Draegerwerk AG & Co KGaA is high compared to other companies.

How does an increase in the price-earnings ratio of Draegerwerk AG & Co KGaA affect the company?

An increase in the price-earnings ratio of Draegerwerk AG & Co KGaA 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 Draegerwerk AG & Co KGaA affect the company?

A decrease in the price-earnings ratio of Draegerwerk AG & Co KGaA 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 Draegerwerk AG & Co KGaA?

Some factors that influence the price-earnings ratio of Draegerwerk AG & Co KGaA are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Draegerwerk AG & Co KGaA pay?

Over the past 12 months, Draegerwerk AG & Co KGaA paid a dividend of 0.13 EUR . This corresponds to a dividend yield of about 0.3 %. For the coming 12 months, Draegerwerk AG & Co KGaA is expected to pay a dividend of 0.12 EUR.

What is the dividend yield of Draegerwerk AG & Co KGaA?

The current dividend yield of Draegerwerk AG & Co KGaA is 0.3 %.

When does Draegerwerk AG & Co KGaA pay dividends?

Draegerwerk AG & Co KGaA pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of Draegerwerk AG & Co KGaA?

Draegerwerk AG & Co KGaA paid dividends every year for the past 16 years.

What is the dividend of Draegerwerk AG & Co KGaA?

For the upcoming 12 months, dividends amounting to 0.12 EUR are expected. This corresponds to a dividend yield of 0.28 %.

In which sector is Draegerwerk AG & Co KGaA located?

Draegerwerk AG & Co KGaA is assigned to the 'Health' sector.

Wann musste ich die Aktien von Draegerwerk AG & Co KGaA kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Draegerwerk AG & Co KGaA from 5/13/2024 amounting to 1.74 EUR, you needed to have the stock in your portfolio before the ex-date on 5/9/2024.

When did Draegerwerk AG & Co KGaA pay the last dividend?

The last dividend was paid out on 5/13/2024.

What was the dividend of Draegerwerk AG & Co KGaA in the year 2023?

In the year 2023, Draegerwerk AG & Co KGaA distributed 0.13 EUR as dividends.

In which currency does Draegerwerk AG & Co KGaA pay out the dividend?

The dividends of Draegerwerk AG & Co KGaA are distributed in EUR.

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Andere Kennzahlen von Draegerwerk AG & Co KGaA

Our stock analysis for Draegerwerk AG & Co KGaA 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 Draegerwerk AG & Co KGaA Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.