Franklin Electric Co Stock

Franklin Electric Co P/E 2024

Franklin Electric Co P/E

23.53

Ticker

FELE

ISIN

US3535141028

WKN

877518

As of Sep 6, 2024, Franklin Electric Co's P/E ratio was 23.53, a 5.33% change from the 22.34 P/E ratio recorded in the previous year.

The Franklin Electric Co P/E history

Franklin Electric Co Aktienanalyse

What does Franklin Electric Co do?

The Franklin Electric Co Inc was founded in 1944 and is a global company specializing in the manufacturing and sale of pump systems and motors. The company is headquartered in Indiana, USA and operates in over 75 countries. Franklin Electric is divided into three main business segments: water pumps, industrial pumps, and flow control. The water pumps segment offers a wide range of pumps for various applications such as well water, water supply systems, sewage pumps, and seawater desalination. The industrial pumps segment provides high-quality pumps for industrial applications such as chemical, food, pharmaceutical, and mining industries. The flow control segment supplies a wide range of controllers and monitoring devices for pump systems. Franklin Electric's products are used in many different industries, from residential and commercial properties to municipal water and wastewater systems, from agricultural irrigation to the industrial and mining industries. The company also takes pride in creating and delivering industry-leading innovations, such as the introduction of permanent magnet motors and variable speed control. These technologies help improve the energy efficiency of pump systems and reduce operating costs. Franklin Electric also focuses on the well-being of its customers by offering training and technical support to help them operate their pump systems more effectively and efficiently. Additionally, the company provides assistance with the installation and maintenance of pump systems. Franklin Electric's business model is based on providing high-quality pump systems and motors that meet customer requirements and needs. The company also pursues a growth strategy through mergers and acquisitions to expand its product offering and strengthen its global capabilities. Overall, Franklin Electric Co Inc has built a good reputation as a reliable supplier of pumps and motors over the past decades. With innovation, customer service, and a wide range of high-quality products, the company has established itself as an industry leader and will continue to play a key role in the global market. Franklin Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Franklin Electric Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Franklin Electric Co 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 Franklin Electric Co'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 Franklin Electric Co 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 Franklin Electric Co’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 Franklin Electric Co stock

What is the price-to-earnings ratio of Franklin Electric Co?

The price-earnings ratio of Franklin Electric Co is currently 23.53.

How has the price-earnings ratio of Franklin Electric Co changed compared to last year?

The price-to-earnings ratio of Franklin Electric Co has increased by 5.33% 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 Franklin Electric Co high compared to other companies?

Yes, the price-to-earnings ratio of Franklin Electric Co is high compared to other companies.

How does an increase in the price-earnings ratio of Franklin Electric Co affect the company?

An increase in the price-earnings ratio of Franklin Electric Co 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 Franklin Electric Co affect the company?

A decrease in the price-earnings ratio of Franklin Electric Co 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 Franklin Electric Co?

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

How much dividend does Franklin Electric Co pay?

Over the past 12 months, Franklin Electric Co paid a dividend of 0.9 USD . This corresponds to a dividend yield of about 0.93 %. For the coming 12 months, Franklin Electric Co is expected to pay a dividend of 1.02 USD.

What is the dividend yield of Franklin Electric Co?

The current dividend yield of Franklin Electric Co is 0.93 %.

When does Franklin Electric Co pay dividends?

Franklin Electric Co pays a quarterly dividend. This is distributed in the months of December, February, June, September.

How secure is the dividend of Franklin Electric Co?

Franklin Electric Co paid dividends every year for the past 23 years.

What is the dividend of Franklin Electric Co?

For the upcoming 12 months, dividends amounting to 1.02 USD are expected. This corresponds to a dividend yield of 1.06 %.

In which sector is Franklin Electric Co located?

Franklin Electric Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Franklin Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Franklin Electric Co from 8/15/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 8/1/2024.

When did Franklin Electric Co pay the last dividend?

The last dividend was paid out on 8/15/2024.

What was the dividend of Franklin Electric Co in the year 2023?

In the year 2023, Franklin Electric Co distributed 0.78 USD as dividends.

In which currency does Franklin Electric Co pay out the dividend?

The dividends of Franklin Electric Co are distributed in USD.

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Andere Kennzahlen von Franklin Electric Co

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