Hankook & Company Co Stock

Hankook & Company Co P/E 2024

Hankook & Company Co P/E

6.08

Ticker

000240.KS

ISIN

KR7000240002

As of Oct 1, 2024, Hankook & Company Co's P/E ratio was 6.08, a -25.94% change from the 8.21 P/E ratio recorded in the previous year.

The Hankook & Company Co P/E history

Hankook & Company Co Aktienanalyse

What does Hankook & Company Co do?

Hankook & Company Co Ltd is a South Korean company that was founded in 1941 and is now a leading global manufacturer of tires and other automotive accessories. The company operates in over 180 countries worldwide and has become a key player in the global tire industry market. The history of Hankook & Company Co Ltd can be described as remarkable. The company started as a small operation with only one business sector. However, over the years, Hankook has continuously evolved and significantly expanded its business sectors. Today, the company is involved in many different industries and segments. Through innovative products and efforts to improve technology, Hankook & Company Co Ltd has gained a position among the top players in the market. The business model of Hankook & Company Co Ltd is based on quality and innovation. The company places great emphasis on consistently offering its customers new and improved products that meet the highest standards. It employs state-of-the-art technologies to manufacture its products and increase its competitiveness. Hankook & Company Co Ltd operates in various sectors. The most well-known is the tire industry, where it offers tires for passenger cars, trucks, buses, motorcycles, as well as for motorsports. The company focuses on durability and safety, allowing it to earn an excellent reputation in this field. In addition to the tire business, the company is also involved in other industries, including the chemical industry, energy and environmental industry, and construction industry. In all these areas, Hankook & Company Co Ltd uses advanced technologies and modern methods to continuously improve its products and satisfy its customers. The product range of Hankook & Company Co Ltd is impressive. In addition to the aforementioned tires, the company also offers a wide range of automotive accessories, including batteries, radiators, air conditioners, oil filters, and many other items. However, the company also offers other products, such as solar cells used for energy generation. Over time, the company has gained a reputation for its innovation. Hankook & Company Co Ltd is known for its high-quality and durable products that meet the highest standards in terms of design, quality, and lifespan. Overall, it can be said that Hankook & Company Co Ltd is a very impressive company. It has undergone a remarkable development over the years and has become one of the key names in the global market for automotive accessories. With its innovative approach, the company will continue to play an important role and satisfy customers worldwide who are looking for high-quality products that meet the highest standards. Hankook & Company Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Hankook & Company Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Hankook & Company Co 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 Hankook & Company Co'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 Hankook & Company Co 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 Hankook & Company Co’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 Hankook & Company Co stock

What is the price-to-earnings ratio of Hankook & Company Co?

The price-earnings ratio of Hankook & Company Co is currently 6.08.

How has the price-earnings ratio of Hankook & Company Co changed compared to last year?

The price-to-earnings ratio of Hankook & Company Co has increased by -25.94% 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 Hankook & Company Co high compared to other companies?

Yes, the price-to-earnings ratio of Hankook & Company Co is high compared to other companies.

How does an increase in the price-earnings ratio of Hankook & Company Co affect the company?

An increase in the price-earnings ratio of Hankook & Company Co 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 Hankook & Company Co affect the company?

A decrease in the price-earnings ratio of Hankook & Company Co 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 Hankook & Company Co?

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

How much dividend does Hankook & Company Co pay?

Over the past 12 months, Hankook & Company Co paid a dividend of 700 KRW . This corresponds to a dividend yield of about 4.1 %. For the coming 12 months, Hankook & Company Co is expected to pay a dividend of 700 KRW.

What is the dividend yield of Hankook & Company Co?

The current dividend yield of Hankook & Company Co is 4.1 %.

When does Hankook & Company Co pay dividends?

Hankook & Company Co pays a quarterly dividend. This is distributed in the months of January, January, January, September.

How secure is the dividend of Hankook & Company Co?

Hankook & Company Co paid dividends every year for the past 20 years.

What is the dividend of Hankook & Company Co?

For the upcoming 12 months, dividends amounting to 700 KRW are expected. This corresponds to a dividend yield of 4.1 %.

In which sector is Hankook & Company Co located?

Hankook & Company Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Hankook & Company Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hankook & Company Co from 10/1/2024 amounting to 210 KRW, you needed to have the stock in your portfolio before the ex-date on 8/13/2024.

When did Hankook & Company Co pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of Hankook & Company Co in the year 2023?

In the year 2023, Hankook & Company Co distributed 650 KRW as dividends.

In which currency does Hankook & Company Co pay out the dividend?

The dividends of Hankook & Company Co are distributed in KRW.

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Andere Kennzahlen von Hankook & Company Co

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