Garmin P/E 2024

Garmin P/E

31.13

Garmin Dividend yield

1.71 %

Ticker

GRMN

ISIN

CH0114405324

WKN

A1C06B

As of May 19, 2024, Garmin's P/E ratio was 31.13, a 101.23% change from the 15.47 P/E ratio recorded in the previous year.

The Garmin P/E history

Garmin Aktienanalyse

What does Garmin do?

Garmin Ltd. is a company that specializes mainly in the production of GPS devices and other navigation solutions. The company was founded in 1989 by Gary Burrell and Min Kao in Kansas, USA and is headquartered in Schaffhausen, Switzerland. Garmin ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Garmin's P/E Ratio

The Price to Earnings (P/E) Ratio of Garmin 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 Garmin'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 Garmin 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 Garmin’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 Garmin Stock

What is the price-to-earnings ratio of Garmin?

The price-earnings ratio of Garmin is currently 31.13.

How has the price-earnings ratio of Garmin changed compared to last year?

The price-to-earnings ratio of Garmin has increased by 101.23% 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 Garmin high compared to other companies?

Yes, the price-to-earnings ratio of Garmin is high compared to other companies.

How does an increase in the price-earnings ratio of Garmin affect the company?

An increase in the price-earnings ratio of Garmin 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 Garmin affect the company?

A decrease in the price-earnings ratio of Garmin 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 Garmin?

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

How much dividend does Garmin pay?

Over the past 12 months, Garmin paid a dividend of 2.92 USD . This corresponds to a dividend yield of about 1.71 %. For the coming 12 months, Garmin is expected to pay a dividend of 3.14 USD.

What is the dividend yield of Garmin?

The current dividend yield of Garmin is 1.71 %.

When does Garmin pay dividends?

Garmin pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Garmin?

Garmin paid dividends every year for the past 25 years.

What is the dividend of Garmin?

For the upcoming 12 months, dividends amounting to 3.14 USD are expected. This corresponds to a dividend yield of 1.84 %.

In which sector is Garmin located?

Garmin is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Garmin kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Garmin from 12/27/2024 amounting to 0.75 USD, you needed to have the stock in your portfolio before the ex-date on 12/13/2024.

When did Garmin pay the last dividend?

The last dividend was paid out on 12/27/2024.

What was the dividend of Garmin in the year 2023?

In the year 2023, Garmin distributed 2.86 USD as dividends.

In which currency does Garmin pay out the dividend?

The dividends of Garmin are distributed in USD.

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Andere Kennzahlen von Garmin

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