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Korea Castiron Pipe Ind Co Stock

Korea Castiron Pipe Ind Co P/E 2024

Korea Castiron Pipe Ind Co P/E

9.45

Ticker

000970.KS

ISIN

KR7000970004

As of Nov 17, 2024, Korea Castiron Pipe Ind Co's P/E ratio was 9.45, a -44.74% change from the 17.1 P/E ratio recorded in the previous year.

The Korea Castiron Pipe Ind Co P/E history

Korea Castiron Pipe Ind Co Aktienanalyse

What does Korea Castiron Pipe Ind Co do?

Korea Castiron Pipe Ind Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Korea Castiron Pipe Ind Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co stock

What is the price-to-earnings ratio of Korea Castiron Pipe Ind Co?

The price-earnings ratio of Korea Castiron Pipe Ind Co is currently 9.45.

How has the price-earnings ratio of Korea Castiron Pipe Ind Co changed compared to last year?

The price-to-earnings ratio of Korea Castiron Pipe Ind Co has increased by -44.74% 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 Korea Castiron Pipe Ind Co high compared to other companies?

Yes, the price-to-earnings ratio of Korea Castiron Pipe Ind Co is high compared to other companies.

How does an increase in the price-earnings ratio of Korea Castiron Pipe Ind Co affect the company?

An increase in the price-earnings ratio of Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co affect the company?

A decrease in the price-earnings ratio of Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co?

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

How much dividend does Korea Castiron Pipe Ind Co pay?

Over the past 12 months, Korea Castiron Pipe Ind Co paid a dividend of 400 KRW . This corresponds to a dividend yield of about 6.42 %. For the coming 12 months, Korea Castiron Pipe Ind Co is expected to pay a dividend of 400 KRW.

What is the dividend yield of Korea Castiron Pipe Ind Co?

The current dividend yield of Korea Castiron Pipe Ind Co is 6.42 %.

When does Korea Castiron Pipe Ind Co pay dividends?

Korea Castiron Pipe Ind Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of Korea Castiron Pipe Ind Co?

Korea Castiron Pipe Ind Co paid dividends every year for the past 20 years.

What is the dividend of Korea Castiron Pipe Ind Co?

For the upcoming 12 months, dividends amounting to 400 KRW are expected. This corresponds to a dividend yield of 6.42 %.

In which sector is Korea Castiron Pipe Ind Co located?

Korea Castiron Pipe Ind Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Korea Castiron Pipe Ind Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Korea Castiron Pipe Ind Co from 4/12/2024 amounting to 400 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did Korea Castiron Pipe Ind Co pay the last dividend?

The last dividend was paid out on 4/12/2024.

What was the dividend of Korea Castiron Pipe Ind Co in the year 2023?

In the year 2023, Korea Castiron Pipe Ind Co distributed 400 KRW as dividends.

In which currency does Korea Castiron Pipe Ind Co pay out the dividend?

The dividends of Korea Castiron Pipe Ind Co are distributed in KRW.

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Andere Kennzahlen von Korea Castiron Pipe Ind Co

Our stock analysis for Korea Castiron Pipe Ind 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 Korea Castiron Pipe Ind Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.