RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Gjensidige Forsikring A Stock

Gjensidige Forsikring A P/E 2024

Gjensidige Forsikring A P/E

17.93

Ticker

GJF.OL

ISIN

NO0010582521

WKN

A1C47M

As of Sep 17, 2024, Gjensidige Forsikring A's P/E ratio was 17.93, a -17.68% change from the 21.78 P/E ratio recorded in the previous year.

The Gjensidige Forsikring A P/E history

Gjensidige Forsikring A Aktienanalyse

What does Gjensidige Forsikring A do?

Gjensidige Forsikring ASA, or simply Gjensidige, is a Norwegian insurance company headquartered in Oslo. The company was founded in 1820 under the name 'Christiania Almindelige Brandforsikring'. Since then, it has become one of the largest insurance companies in Scandinavia. Gjensidige offers various types of insurance for private customers and companies. The company's goal is to meet the needs of its customers and protect them from unforeseen situations. The company's core areas include auto, home, leisure, travel, pet, occupational, life, and health insurance. The range of insurance products is diverse and caters to a variety of customers. For example, there are special offers for young drivers or for pet insurance. Gjensidige's business model is based on the principle of mutualism, which was established when the company was founded in 1820. This means that all customers are also members of the company and contribute to its success. In practice, this entails close collaboration with customers and a high level of transparency. Gjensidige aims to become an environmentally friendly company and emphasizes sustainability. For example, CO2 emissions have been significantly reduced in business premises and business travel. Digitalization is also highly valued. The company focuses on innovation and has a dedicated department solely responsible for the development of new technologies and products. In recent years, Gjensidige has received numerous awards and accolades. It has been consistently recognized as the best insurance company in Norway and has also achieved top positions in international rankings. Overall, Gjensidige is a modern and innovative company that focuses on customer needs while prioritizing sustainability and digitalization. With its wide range of insurance offerings and close collaboration with customers, the company has established a strong position in the Scandinavian market and will continue to play an important role in the future. Gjensidige Forsikring A ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Gjensidige Forsikring A's P/E Ratio

The Price to Earnings (P/E) Ratio of Gjensidige Forsikring 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 Gjensidige Forsikring 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 Gjensidige Forsikring 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 Gjensidige Forsikring 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 Gjensidige Forsikring A stock

What is the price-to-earnings ratio of Gjensidige Forsikring A?

The price-earnings ratio of Gjensidige Forsikring A is currently 17.93.

How has the price-earnings ratio of Gjensidige Forsikring A changed compared to last year?

The price-to-earnings ratio of Gjensidige Forsikring A has increased by -17.68% 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 Gjensidige Forsikring A high compared to other companies?

Yes, the price-to-earnings ratio of Gjensidige Forsikring A is high compared to other companies.

How does an increase in the price-earnings ratio of Gjensidige Forsikring A affect the company?

An increase in the price-earnings ratio of Gjensidige Forsikring 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 Gjensidige Forsikring A affect the company?

A decrease in the price-earnings ratio of Gjensidige Forsikring 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 Gjensidige Forsikring A?

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

How much dividend does Gjensidige Forsikring A pay?

Over the past 12 months, Gjensidige Forsikring A paid a dividend of 8.25 NOK . This corresponds to a dividend yield of about 4.24 %. For the coming 12 months, Gjensidige Forsikring A is expected to pay a dividend of 9.16 NOK.

What is the dividend yield of Gjensidige Forsikring A?

The current dividend yield of Gjensidige Forsikring A is 4.24 %.

When does Gjensidige Forsikring A pay dividends?

Gjensidige Forsikring A pays a quarterly dividend. This is distributed in the months of December, April, April, April.

How secure is the dividend of Gjensidige Forsikring A?

Gjensidige Forsikring A paid dividends every year for the past 19 years.

What is the dividend of Gjensidige Forsikring A?

For the upcoming 12 months, dividends amounting to 9.16 NOK are expected. This corresponds to a dividend yield of 4.7 %.

In which sector is Gjensidige Forsikring A located?

Gjensidige Forsikring A is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Gjensidige Forsikring A kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gjensidige Forsikring A from 4/5/2024 amounting to 8.75 NOK, you needed to have the stock in your portfolio before the ex-date on 3/21/2024.

When did Gjensidige Forsikring A pay the last dividend?

The last dividend was paid out on 4/5/2024.

What was the dividend of Gjensidige Forsikring A in the year 2023?

In the year 2023, Gjensidige Forsikring A distributed 7.7 NOK as dividends.

In which currency does Gjensidige Forsikring A pay out the dividend?

The dividends of Gjensidige Forsikring A are distributed in NOK.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Gjensidige Forsikring A

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