What is the price-to-earnings ratio of Glencore?
The price-earnings ratio of Glencore is currently 14.28.
Glencore P/E 2024
Glencore P/E
14.28
Ticker
GLEN.L
ISIN
JE00B4T3BW64
WKN
A1JAGV
As of Jul 6, 2024, Glencore's P/E ratio was 14.28, a -7.63% change from the 15.46 P/E ratio recorded in the previous year.
The Glencore P/E history
Glencore Aktienanalyse
What does Glencore do?
Glencore PLC is a globally operating commodity company based in Switzerland. It was founded in 1974 as Marc Rich + Co AG and initially specialized in trading crude oil "spot deals." Over the years, Glencore expanded its business into other areas such as coal, metals, and agricultural commodities. Today, Glencore is one of the largest commodity companies in the world, employing over 158,000 people in more than 50 countries. The company is divided into three business segments: commodity marketing, mining, and agriculture. Its focus is on the extraction and trading of commodities such as copper, zinc, nickel, cobalt, petroleum, coal, as well as agricultural products like wheat, corn, soybeans, and rice. Glencore's business model is based on commodity trading and mining. The company emphasizes vertical integration, meaning it not only trades commodities but also produces them. This allows Glencore to have an uninterrupted supply chain and become less dependent on fluctuations in the commodity markets. Commodity trading remains Glencore's core business. The company buys and sells commodities on global markets, generating significant profits. Through vertical integration, Glencore can respond to market changes and obtain the best prices for the commodities it trades. Glencore is also a major player in mining. It extracts commodities such as copper, zinc, nickel, and cobalt. These commodities are either used for its own needs or sold on the market. Glencore operates mines in Australia, Canada, Chile, Colombia, Peru, and South Africa. In agriculture, Glencore engages in various activities, including commodity trading and operating agricultural farms. The company operates agricultural facilities in Australia, Kazakhstan, and Russia and trades agricultural commodities such as wheat, corn, soybeans, and rice. In addition to the mentioned business segments, Glencore is active in the energy sector. It operates refineries and pipelines and trades in oil and gas. Glencore also has a presence in renewable energy and operates wind farms in Canada. Throughout its history, Glencore has experienced both successes and controversies. The company has played a leading role in commodity trading and mining, making significant contributions to the world's commodity supply. However, it has also been criticized for not always adequately considering social and environmental standards. There have been allegations from labor unions and environmental activists that Glencore disregards labor rights and environmental standards. In response, the company has committed to strengthening its efforts and measures regarding sustainability and responsible business practices in all its business segments, taking into account the interests of the communities and environment in which it operates. Overall, Glencore PLC is a significant player in the global commodity landscape. The company trades a wide range of commodities and operates mines, agricultural farms, and refineries worldwide. Glencore holds a unique position in the commodity markets and is an important player in the global economy. Despite some controversies and accusations concerning labor rights and environmental standards, Glencore remains active in the commodity industry and continues to achieve strong business results. Glencore ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Glencore's P/E Ratio
The Price to Earnings (P/E) Ratio of Glencore 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 Glencore'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 Glencore 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 Glencore’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 Glencore stock
How has the price-earnings ratio of Glencore changed compared to last year?
The price-to-earnings ratio of Glencore has increased by -7.63% 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 Glencore high compared to other companies?
Yes, the price-to-earnings ratio of Glencore is high compared to other companies.
How does an increase in the price-earnings ratio of Glencore affect the company?
An increase in the price-earnings ratio of Glencore 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 Glencore affect the company?
A decrease in the price-earnings ratio of Glencore 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 Glencore?
Some factors that influence the price-earnings ratio of Glencore are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Glencore pay?
Over the past 12 months, Glencore paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Glencore is expected to pay a dividend of 0.38 USD.
What is the dividend yield of Glencore?
The current dividend yield of Glencore is .
When does Glencore pay dividends?
Glencore pays a quarterly dividend. This is distributed in the months of June, September, June, September.
How secure is the dividend of Glencore?
Glencore paid dividends every year for the past 8 years.
What is the dividend of Glencore?
For the upcoming 12 months, dividends amounting to 0.38 USD are expected. This corresponds to a dividend yield of 0.08 %.
In which sector is Glencore located?
Glencore is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Glencore kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Glencore from 9/20/2024 amounting to 0.065 USD, you needed to have the stock in your portfolio before the ex-date on 8/29/2024.
When did Glencore pay the last dividend?
The last dividend was paid out on 9/20/2024.
What was the dividend of Glencore in the year 2023?
In the year 2023, Glencore distributed 0.24 USD as dividends.
In which currency does Glencore pay out the dividend?
The dividends of Glencore are distributed in USD.
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.
The Glencore stock can be added to a savings plan with the following providers: Scalable Capital and Consorsbank
Andere Kennzahlen von Glencore
Our stock analysis for Glencore 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 Glencore Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.