Good Energy Group Stock

Good Energy Group P/E 2024

Good Energy Group P/E

9.45

Ticker

GOOD.L

ISIN

GB0033600353

WKN

A1J2D2

As of Nov 9, 2024, Good Energy Group's P/E ratio was 9.45, a -15.7% change from the 11.21 P/E ratio recorded in the previous year.

The Good Energy Group P/E history

Good Energy Group Aktienanalyse

What does Good Energy Group do?

The Good Energy Group PLC is a British company specializing in renewable energy and energy efficiency. It was founded in 1999 by Juliet Davenport, who wanted to create a more sustainable energy supply. The company has been instrumental in the transition to renewable energy in the UK. Good Energy's business model is based on generating and selling 100% renewable electricity and gas to households and businesses in the UK. The company operates its own wind, water, solar, and biomass power plants, and also purchases electricity from other renewable sources. Good Energy also offers customers the opportunity to invest in renewable electricity generation and has its own energy efficiency department. The different divisions of Good Energy include generation, sales, energy efficiency, and investments. Generation is one of the company's core pillars and includes several wind farms, a hydropower plant, solar panels on roofs and open fields, and a biomass plant. Good Energy produces over 330,000 MWh of electricity and heat annually from renewable energy sources. The sale of 100% renewable electricity and gas to residential and business customers is the second pillar of the business model. The company offers a range of tariffs with competitive prices and various options to meet customer needs. Good Energy utilizes its own network of customers and supporters to raise awareness about climate change and the need to transition to renewable energy. The company also places emphasis on energy efficiency and savings. Its team of consultants helps businesses and individuals reduce energy costs and carbon dioxide emissions. Good Energy also offers its own online tools to help customers calculate their energy costs and identify potential for reducing energy consumption and costs. Investment in renewable energy is another important aspect of Good Energy's business model. The company has launched a crowdfunding and debtor financing program to allow private investors to invest in renewable electricity generation. The crowdfunding program allows investors to invest in wind, hydropower, and other projects with a fixed return. The debtor financing program is aimed at businesses that want to receive quick payment for their invoices and offers a guaranteed repayment of investments. Good Energy offers a wide range of products and services to meet customers' needs for clean, reliable, and affordable electricity supply. The company also plays an important role in promoting renewable energy and reducing greenhouse gas emissions. For customers and investors, Good Energy is a good choice for investing in a future with renewable energy sources. Good Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Good Energy Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Good Energy Group 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 Good Energy Group'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 Good Energy Group 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 Good Energy Group’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 Good Energy Group stock

What is the price-to-earnings ratio of Good Energy Group?

The price-earnings ratio of Good Energy Group is currently 9.45.

How has the price-earnings ratio of Good Energy Group changed compared to last year?

The price-to-earnings ratio of Good Energy Group has increased by -15.7% 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 Good Energy Group high compared to other companies?

Yes, the price-to-earnings ratio of Good Energy Group is high compared to other companies.

How does an increase in the price-earnings ratio of Good Energy Group affect the company?

An increase in the price-earnings ratio of Good Energy Group 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 Good Energy Group affect the company?

A decrease in the price-earnings ratio of Good Energy Group 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 Good Energy Group?

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

How much dividend does Good Energy Group pay?

Over the past 12 months, Good Energy Group paid a dividend of 0.03 GBP . This corresponds to a dividend yield of about 0.85 %. For the coming 12 months, Good Energy Group is expected to pay a dividend of 0.03 GBP.

What is the dividend yield of Good Energy Group?

The current dividend yield of Good Energy Group is 0.85 %.

When does Good Energy Group pay dividends?

Good Energy Group pays a quarterly dividend. This is distributed in the months of July, October, July, October.

How secure is the dividend of Good Energy Group?

Good Energy Group paid dividends every year for the past 7 years.

What is the dividend of Good Energy Group?

For the upcoming 12 months, dividends amounting to 0.03 GBP are expected. This corresponds to a dividend yield of 0.86 %.

In which sector is Good Energy Group located?

Good Energy Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Good Energy Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Good Energy Group from 10/25/2024 amounting to 0.011 GBP, you needed to have the stock in your portfolio before the ex-date on 9/26/2024.

When did Good Energy Group pay the last dividend?

The last dividend was paid out on 10/25/2024.

What was the dividend of Good Energy Group in the year 2023?

In the year 2023, Good Energy Group distributed 0.026 GBP as dividends.

In which currency does Good Energy Group pay out the dividend?

The dividends of Good Energy Group are distributed in GBP.

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Andere Kennzahlen von Good Energy Group

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