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Industrial Bank of Korea Stock

Industrial Bank of Korea P/E 2024

Industrial Bank of Korea P/E

4.01

Ticker

024110.KS

ISIN

KR7024110009

As of Nov 5, 2024, Industrial Bank of Korea's P/E ratio was 4.01, a 24.92% change from the 3.21 P/E ratio recorded in the previous year.

The Industrial Bank of Korea P/E history

Industrial Bank of Korea Aktienanalyse

What does Industrial Bank of Korea do?

The Industrial Bank of Korea (IBK) was founded in 1961 and has undergone an impressive development in the last decades. Originally established as a financial institution to support the South Korean industry, IBK has now become a universal financial services provider with a wide range of products. IBK's business model is focused on supporting companies and private customers. The bank offers a wide range of financial services and products, including accounts, loans, foreign exchange and capital market transactions, investment banking, and asset management. IBK is divided into different business areas, including corporate banking, retail banking, capital markets, and investment banking. In the corporate banking sector, IBK offers a wide range of customized financial services to support companies in financing investment projects and capital procurement. IBK's retail banking team offers a variety of financial products and services for individual customers, including savings accounts, insurance, loans, and investment services. In the capital markets sector, IBK provides professional financial services related to investment, securities trading, derivatives, and foreign exchange to reduce customer risk and achieve a return on their investments. In investment banking, IBK offers a wide range of financial services to support clients in mergers and acquisitions, stock and bond issuances, restructuring, and project financing. Another important business area for IBK is supporting small and medium-sized enterprises. The bank offers specialized financial products and services to assist these companies in capital procurement and financing growth projects. In addition to traditional banking services, IBK also offers various online financial services, including mobile banking, internet banking, electronic transfers, and payments. This allows customers to access their banking transactions anytime and anywhere. Overall, IBK has provided its customers with a wide range of financial services in all areas. The bank has been a key player in the South Korean banking market for many years and has a strong reputation for its professional and innovative financial services. Industrial Bank of Korea ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Industrial Bank of Korea's P/E Ratio

The Price to Earnings (P/E) Ratio of Industrial Bank of Korea 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 Industrial Bank of Korea'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 Industrial Bank of Korea 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 Industrial Bank of Korea’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 Industrial Bank of Korea stock

What is the price-to-earnings ratio of Industrial Bank of Korea?

The price-earnings ratio of Industrial Bank of Korea is currently 4.01.

How has the price-earnings ratio of Industrial Bank of Korea changed compared to last year?

The price-to-earnings ratio of Industrial Bank of Korea has increased by 24.92% 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 Industrial Bank of Korea high compared to other companies?

Yes, the price-to-earnings ratio of Industrial Bank of Korea is high compared to other companies.

How does an increase in the price-earnings ratio of Industrial Bank of Korea affect the company?

An increase in the price-earnings ratio of Industrial Bank of Korea 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 Industrial Bank of Korea affect the company?

A decrease in the price-earnings ratio of Industrial Bank of Korea 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 Industrial Bank of Korea?

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

How much dividend does Industrial Bank of Korea pay?

Over the past 12 months, Industrial Bank of Korea paid a dividend of 960 KRW . This corresponds to a dividend yield of about 6.69 %. For the coming 12 months, Industrial Bank of Korea is expected to pay a dividend of 996.32 KRW.

What is the dividend yield of Industrial Bank of Korea?

The current dividend yield of Industrial Bank of Korea is 6.69 %.

When does Industrial Bank of Korea pay dividends?

Industrial Bank of Korea pays a quarterly dividend. This is distributed in the months of January, January, January, April.

How secure is the dividend of Industrial Bank of Korea?

Industrial Bank of Korea paid dividends every year for the past 3 years.

What is the dividend of Industrial Bank of Korea?

For the upcoming 12 months, dividends amounting to 996.32 KRW are expected. This corresponds to a dividend yield of 6.94 %.

In which sector is Industrial Bank of Korea located?

Industrial Bank of Korea is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Industrial Bank of Korea kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Industrial Bank of Korea from 5/1/2024 amounting to 984 KRW, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.

When did Industrial Bank of Korea pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of Industrial Bank of Korea in the year 2023?

In the year 2023, Industrial Bank of Korea distributed 960 KRW as dividends.

In which currency does Industrial Bank of Korea pay out the dividend?

The dividends of Industrial Bank of Korea are distributed in KRW.

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Andere Kennzahlen von Industrial Bank of Korea

Our stock analysis for Industrial Bank of Korea 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 Industrial Bank of Korea Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.