Jupiter Mines P/E 2024

Jupiter Mines P/E

10.24

Jupiter Mines Dividend yield

8 %

Ticker

JMS.AX

ISIN

AU0000005159

WKN

A2JJ6E

As of Apr 28, 2024, Jupiter Mines's P/E ratio was 10.24, a -61.21% change from the 26.4 P/E ratio recorded in the previous year.

The Jupiter Mines P/E history

Jupiter Mines Aktienanalyse

What does Jupiter Mines do?

Jupiter Mines Ltd is an Australian mining company that was founded in 2003. The company is headquartered in Perth and primarily operates in Western Australia. Jupiter Mines is listed on the Australian Securities Exchange and has a market value of approximately AUD 780 million. The business model of Jupiter Mines is based on the exploration and mining of iron ore and manganese. The company holds multiple mining licenses in Western Australia, including the Tshipi Boran Mine, a significant source of manganese, and the Mount Mason Mine, which is rich in iron ore. The Tshipi Boran Mine produces high-quality manganese used in steel production, the chemical industry, and battery manufacturing. The mine has an annual production capacity of 3.6 million tonnes and supplies 13% of the global manganese demand. The manganese is extracted on-site and then shipped to South Africa for processing. Jupiter Mines holds a 49.9% stake in the mine. The Mount Mason Mine is an iron ore mine based on the original Mars Hill project. The massive iron ore deposit there is a crucial component of the steel sector's supply chain. The mine has an estimated lifespan of 15 years and is one of the largest discovered iron ore deposits in the world. Jupiter Mines also has a long-term commodity partnership with one of the world's largest mining conglomerates, Rio Tinto. Through this partnership, Jupiter Mines has secured new exploration areas that could potentially contain lucrative deposits of manganese and iron ore. Jupiter Mines is also a significant employer in the region, employing over 3,000 workers in various fields including mining, engineering, finance, and administration. Jupiter Mines emphasizes the importance of sustainability and social responsibility in its business strategy. The company has initiated various initiatives to minimize the environmental impact of its operations and promote economic development in the region. In summary, Jupiter Mines is a significant mining company specialized in the exploration and extraction of manganese and iron ore. The company operates a large mine in Western Australia and has partnerships with other major mining companies to support its exploration efforts. Jupiter Mines is a major employer in the region and is committed to sustainability and social responsibility. Jupiter Mines ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Jupiter Mines's P/E Ratio

The Price to Earnings (P/E) Ratio of Jupiter Mines 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 Jupiter Mines'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 Jupiter Mines 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 Jupiter Mines’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 Jupiter Mines Stock

What is the price-to-earnings ratio of Jupiter Mines?

The price-earnings ratio of Jupiter Mines is currently 10.24.

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

The price-to-earnings ratio of Jupiter Mines has increased by -61.21% 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 Jupiter Mines high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Jupiter Mines 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 Jupiter Mines?

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

How much dividend does Jupiter Mines pay?

Over the past 12 months, Jupiter Mines paid a dividend of 0.02 AUD . This corresponds to a dividend yield of about 8 %. For the coming 12 months, Jupiter Mines is expected to pay a dividend of 0.03 AUD.

What is the dividend yield of Jupiter Mines?

The current dividend yield of Jupiter Mines is 8 %.

When does Jupiter Mines pay dividends?

Jupiter Mines pays a quarterly dividend. This is distributed in the months of June, December, June, April.

How secure is the dividend of Jupiter Mines?

Jupiter Mines paid dividends every year for the past 9 years.

What is the dividend of Jupiter Mines?

For the upcoming 12 months, dividends amounting to 0.03 AUD are expected. This corresponds to a dividend yield of 8.41 %.

In which sector is Jupiter Mines located?

Jupiter Mines is assigned to the 'Commodities' sector.

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

To receive the latest dividend of Jupiter Mines from 3/21/2024 amounting to 0.01 AUD, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.

When did Jupiter Mines pay the last dividend?

The last dividend was paid out on 3/21/2024.

What was the dividend of Jupiter Mines in the year 2023?

In the year 2023, Jupiter Mines distributed 0.02 AUD as dividends.

In which currency does Jupiter Mines pay out the dividend?

The dividends of Jupiter Mines are distributed in AUD.

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Andere Kennzahlen von Jupiter Mines

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