Itaconix Stock

Itaconix P/E 2024

Itaconix P/E

-15.2

Ticker

ITX.L

ISIN

GB00B84LVH87

WKN

A1J085

As of Oct 1, 2024, Itaconix's P/E ratio was -15.2, a 500.79% change from the -2.53 P/E ratio recorded in the previous year.

The Itaconix P/E history

Itaconix Aktienanalyse

What does Itaconix do?

Itaconix PLC is a British chemical company specializing in the production of innovative and sustainable polymer specialties. The company was founded in 2005 as Revolymer and later changed its name to Itaconix PLC in 2016 to reflect its focus on Itaconic acid polymer specialties. Itaconix is a leading provider of polymers based on Itaconic acid used in various applications such as cleaning, hygiene, cosmetics, construction chemicals, and agricultural chemicals. Its goal is to replace conventional polymer solutions with environmentally friendly products. Itaconix offers a wide range of polymer applications, including Itaconix CHT, Itaconix DSP, and Itaconix Zinador. It has partnerships with other companies, including Momentive Performance Materials Inc., to develop innovative solutions for Itaconic acid-based polymers. Itaconix ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Itaconix's P/E Ratio

The Price to Earnings (P/E) Ratio of Itaconix 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 Itaconix'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 Itaconix 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 Itaconix’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 Itaconix stock

What is the price-to-earnings ratio of Itaconix?

The price-earnings ratio of Itaconix is currently -15.2.

How has the price-earnings ratio of Itaconix changed compared to last year?

The price-to-earnings ratio of Itaconix has increased by 500.79% 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 Itaconix high compared to other companies?

Yes, the price-to-earnings ratio of Itaconix is high compared to other companies.

How does an increase in the price-earnings ratio of Itaconix affect the company?

An increase in the price-earnings ratio of Itaconix 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 Itaconix affect the company?

A decrease in the price-earnings ratio of Itaconix 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 Itaconix?

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

How much dividend does Itaconix pay?

Over the past 12 months, Itaconix paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Itaconix is expected to pay a dividend of 0 USD.

What is the dividend yield of Itaconix?

The current dividend yield of Itaconix is .

When does Itaconix pay dividends?

Itaconix pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Itaconix?

Itaconix paid dividends every year for the past 0 years.

What is the dividend of Itaconix?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Itaconix located?

Itaconix is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Itaconix kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Itaconix from 10/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Itaconix pay the last dividend?

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

What was the dividend of Itaconix in the year 2023?

In the year 2023, Itaconix distributed 0 USD as dividends.

In which currency does Itaconix pay out the dividend?

The dividends of Itaconix are distributed in USD.

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Andere Kennzahlen von Itaconix

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