What is the price-to-earnings ratio of Elkem A?
The price-earnings ratio of Elkem A is currently 16.24.
Elkem A P/E 2024
Elkem A P/E
16.24
Ticker
ELK.OL
ISIN
NO0010816093
WKN
A2JGEL
As of Oct 22, 2024, Elkem A's P/E ratio was 16.24, a -93% change from the 231.89 P/E ratio recorded in the previous year.
The Elkem A P/E history
Elkem A Aktienanalyse
What does Elkem A do?
Elkem ASA is one of the leading companies in the production of metals, alloys, and solutions from silicates and carbons. The company was founded in Norway in 1904 and has since had a long history in metallurgy and materials science. In 2011, Elkem was acquired by China National Bluestar Group, an important player in the chemical industry in China. Elkem's business model is based on the sale of high-quality products used in various industries. The main areas of business include the production of ferroalloys, silicon products, and carbon products. These products are used in many different industries, including automotive, electronics, energy, construction, and recycling. The ferroalloys division produces alloys of iron and other metals used in steel production, aluminum production, and other industrial sectors. Elkem has a range of products in this field, such as FeSi, FeMn, and FeCr. These alloys are used, for example, in the automotive industry to increase the corrosion resistance of bodies or in the construction industry to increase the strength of concrete. Another important area of business is silicon products used in the electronics industry, solar energy, and aluminum production. Elkem produces both silicon metal and silicon powder and silicon carbide. These products are used, for example, in solar cells to convert sunlight into electricity or in semiconductor production to make silicon wafers on which electronic components are produced. The third important area of business for Elkem is carbon products, which are often used in the aluminum industry and other industries to reduce emissions and save energy. Elkem produces carbon electrodes for aluminum electrolysis and graphite electrodes for steel production, among other things. The company also offers high-purity carbon powder for battery production. In addition to these three main areas of business, Elkem also operates research and development departments that focus on developing new materials and solutions. An important role is played in the search for more environmentally friendly production methods and increasing energy efficiency. Elkem has more than 6000 employees worldwide and produces in 16 plants in Europe, North America, South America, and Asia. The company has a strong presence in Europe and Asia and supplies its products to more than 100 countries. The global presence and extensive experience in production make Elkem an important player in the metal industry and materials science. In summary, Elkem is a leading company in the production of metals, alloys, and solutions from silicates and carbons. It is proud of its long history in materials and metallurgical technology and has made many efforts to ensure that its products meet the highest quality standards. With its various business areas and global presence, Elkem is well equipped to meet the needs of its customers in many different industries. Elkem A ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Elkem A's P/E Ratio
The Price to Earnings (P/E) Ratio of Elkem A 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 Elkem A'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 Elkem A 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 Elkem A’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 Elkem A stock
How has the price-earnings ratio of Elkem A changed compared to last year?
The price-to-earnings ratio of Elkem A has increased by -93% 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 Elkem A high compared to other companies?
Yes, the price-to-earnings ratio of Elkem A is high compared to other companies.
How does an increase in the price-earnings ratio of Elkem A affect the company?
An increase in the price-earnings ratio of Elkem A 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 Elkem A affect the company?
A decrease in the price-earnings ratio of Elkem A 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 Elkem A?
Some factors that influence the price-earnings ratio of Elkem A are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Elkem A pay?
Over the past 12 months, Elkem A paid a dividend of 6 NOK . This corresponds to a dividend yield of about 31.55 %. For the coming 12 months, Elkem A is expected to pay a dividend of 7.32 NOK.
What is the dividend yield of Elkem A?
The current dividend yield of Elkem A is 31.55 %.
When does Elkem A pay dividends?
Elkem A pays a quarterly dividend. This is distributed in the months of June, May, May, June.
How secure is the dividend of Elkem A?
Elkem A paid dividends every year for the past 8 years.
What is the dividend of Elkem A?
For the upcoming 12 months, dividends amounting to 7.32 NOK are expected. This corresponds to a dividend yield of 38.5 %.
In which sector is Elkem A located?
Elkem A is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Elkem A kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Elkem A from 5/10/2023 amounting to 6 NOK, you needed to have the stock in your portfolio before the ex-date on 5/2/2023.
When did Elkem A pay the last dividend?
The last dividend was paid out on 5/10/2023.
What was the dividend of Elkem A in the year 2023?
In the year 2023, Elkem A distributed 3 NOK as dividends.
In which currency does Elkem A pay out the dividend?
The dividends of Elkem A are distributed in NOK.
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Andere Kennzahlen von Elkem A
Our stock analysis for Elkem A 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 Elkem A Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
