What is the price-to-earnings ratio of Grindrod?
The price-earnings ratio of Grindrod is currently 674.15.
Grindrod P/E 2024
Grindrod P/E
674.15
Ticker
GND.JO
ISIN
ZAE000072328
WKN
A0HGAM
As of Sep 9, 2024, Grindrod's P/E ratio was 674.15, a 12.43% change from the 599.62 P/E ratio recorded in the previous year.
The Grindrod P/E history
Grindrod Aktienanalyse
What does Grindrod do?
Grindrod Ltd is a South African company that was founded in 1910 by William Grindrod. Originally operating as a shipping company, the company has grown over the years to become a leading logistics and service provider. Today, Grindrod is a diversified conglomerate with business activities in shipping, logistics, finance, and capital investments. Grindrod ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Grindrod's P/E Ratio
The Price to Earnings (P/E) Ratio of Grindrod 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 Grindrod'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 Grindrod 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 Grindrod’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 Grindrod stock
How has the price-earnings ratio of Grindrod changed compared to last year?
The price-to-earnings ratio of Grindrod has increased by 12.43% 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 Grindrod high compared to other companies?
Yes, the price-to-earnings ratio of Grindrod is high compared to other companies.
How does an increase in the price-earnings ratio of Grindrod affect the company?
An increase in the price-earnings ratio of Grindrod 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 Grindrod affect the company?
A decrease in the price-earnings ratio of Grindrod 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 Grindrod?
Some factors that influence the price-earnings ratio of Grindrod are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Grindrod pay?
Over the past 12 months, Grindrod paid a dividend of 0.91 ZAR . This corresponds to a dividend yield of about 0.06 %. For the coming 12 months, Grindrod is expected to pay a dividend of 0.92 ZAR.
What is the dividend yield of Grindrod?
The current dividend yield of Grindrod is 0.06 %.
When does Grindrod pay dividends?
Grindrod pays a quarterly dividend. This is distributed in the months of April, October, May, October.
How secure is the dividend of Grindrod?
Grindrod paid dividends every year for the past 5 years.
What is the dividend of Grindrod?
For the upcoming 12 months, dividends amounting to 0.92 ZAR are expected. This corresponds to a dividend yield of 0.06 %.
In which sector is Grindrod located?
Grindrod is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Grindrod kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Grindrod from 9/23/2024 amounting to 0.23 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/18/2024.
When did Grindrod pay the last dividend?
The last dividend was paid out on 9/23/2024.
What was the dividend of Grindrod in the year 2023?
In the year 2023, Grindrod distributed 0.932 ZAR as dividends.
In which currency does Grindrod pay out the dividend?
The dividends of Grindrod are distributed in ZAR.
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Andere Kennzahlen von Grindrod
Our stock analysis for Grindrod 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 Grindrod Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.