What is the price-to-earnings ratio of Gandhi Special Tubes?
The price-earnings ratio of Gandhi Special Tubes is currently 16.1.
As of Nov 16, 2024, Gandhi Special Tubes's P/E ratio was 16.1, a 15.49% change from the 13.94 P/E ratio recorded in the previous year.
The Price to Earnings (P/E) Ratio of Gandhi Special Tubes 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.
Assessing Gandhi Special Tubes'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.
The P/E ratio of Gandhi Special Tubes 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.
Fluctuations in Gandhi Special Tubes’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.
The price-earnings ratio of Gandhi Special Tubes is currently 16.1.
The price-to-earnings ratio of Gandhi Special Tubes has increased by 15.49% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Gandhi Special Tubes is high compared to other companies.
An increase in the price-earnings ratio of Gandhi Special Tubes would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Gandhi Special Tubes would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Gandhi Special Tubes are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Gandhi Special Tubes paid a dividend of 13 INR . This corresponds to a dividend yield of about 1.7 %. For the coming 12 months, Gandhi Special Tubes is expected to pay a dividend of 13 INR.
The current dividend yield of Gandhi Special Tubes is 1.7 %.
Gandhi Special Tubes pays a quarterly dividend. This is distributed in the months of August, July, August, September.
Gandhi Special Tubes paid dividends every year for the past 17 years.
For the upcoming 12 months, dividends amounting to 13 INR are expected. This corresponds to a dividend yield of 1.7 %.
Gandhi Special Tubes is assigned to the 'Commodities' sector.
To receive the latest dividend of Gandhi Special Tubes from 9/11/2024 amounting to 13 INR, you needed to have the stock in your portfolio before the ex-date on 8/5/2024.
The last dividend was paid out on 9/11/2024.
In the year 2023, Gandhi Special Tubes distributed 12 INR as dividends.
The dividends of Gandhi Special Tubes are distributed in INR.
Our stock analysis for Gandhi Special Tubes 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 Gandhi Special Tubes Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.