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Kanishk Steel Industries Stock

Kanishk Steel Industries P/E 2024

Kanishk Steel Industries P/E

30.54

Ticker

513456.BO

ISIN

INE791E01018

As of Nov 10, 2024, Kanishk Steel Industries's P/E ratio was 30.54, a 355.14% change from the 6.71 P/E ratio recorded in the previous year.

The Kanishk Steel Industries P/E history

Kanishk Steel Industries Aktienanalyse

What does Kanishk Steel Industries do?

Kanishk Steel Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Kanishk Steel Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Kanishk Steel Industries 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 Kanishk Steel Industries'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 Kanishk Steel Industries 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 Kanishk Steel Industries’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 Kanishk Steel Industries stock

What is the price-to-earnings ratio of Kanishk Steel Industries?

The price-earnings ratio of Kanishk Steel Industries is currently 30.54.

How has the price-earnings ratio of Kanishk Steel Industries changed compared to last year?

The price-to-earnings ratio of Kanishk Steel Industries has increased by 355.14% 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 Kanishk Steel Industries high compared to other companies?

Yes, the price-to-earnings ratio of Kanishk Steel Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Kanishk Steel Industries affect the company?

An increase in the price-earnings ratio of Kanishk Steel Industries 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 Kanishk Steel Industries affect the company?

A decrease in the price-earnings ratio of Kanishk Steel Industries 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 Kanishk Steel Industries?

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

How much dividend does Kanishk Steel Industries pay?

Over the past 12 months, Kanishk Steel Industries paid a dividend of 0.6 INR . This corresponds to a dividend yield of about 1.54 %. For the coming 12 months, Kanishk Steel Industries is expected to pay a dividend of 0 INR.

What is the dividend yield of Kanishk Steel Industries?

The current dividend yield of Kanishk Steel Industries is 1.54 %.

When does Kanishk Steel Industries pay dividends?

Kanishk Steel Industries pays a quarterly dividend. This is distributed in the months of October, September, October, October.

How secure is the dividend of Kanishk Steel Industries?

Kanishk Steel Industries paid dividends every year for the past 0 years.

What is the dividend of Kanishk Steel Industries?

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

In which sector is Kanishk Steel Industries located?

Kanishk Steel Industries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Kanishk Steel Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kanishk Steel Industries from 11/1/2008 amounting to 0.6 INR, you needed to have the stock in your portfolio before the ex-date on 9/18/2008.

When did Kanishk Steel Industries pay the last dividend?

The last dividend was paid out on 11/1/2008.

What was the dividend of Kanishk Steel Industries in the year 2023?

In the year 2023, Kanishk Steel Industries distributed 0 INR as dividends.

In which currency does Kanishk Steel Industries pay out the dividend?

The dividends of Kanishk Steel Industries are distributed in INR.

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Andere Kennzahlen von Kanishk Steel Industries

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