Methode Electronics - Stock

Methode Electronics P/E 2024

Methode Electronics P/E

-28.03

Methode Electronics Dividend yield

4.95 %

Ticker

MEI

ISIN

US5915202007

WKN

900070

As of Jun 10, 2024, Methode Electronics's P/E ratio was -28.03, a -237% change from the 20.46 P/E ratio recorded in the previous year.

The Methode Electronics P/E history

Methode Electronics Aktienanalyse

What does Methode Electronics do?

Method Electronics Inc. is a US publicly traded company headquartered in Chicago, Illinois. It was founded in 1946 and specializes in the development and production of electronic components and solutions. The company has evolved into a global conglomerate over the years and is active in the industrial, automotive and aerospace industries, medical technology, household appliances, and electrical installation. Business Model The business model of Method Electronics is to provide innovative electronic solutions for a variety of industries and sectors. A key element of the business model is close collaboration with customers and partners. Method Electronics develops customized solutions based on specific customer requirements and relies on long-term partnerships. To achieve this, the company invests heavily in research and development. The company has reached a high level in this area, allowing it to keep up with new technologies and trends. History Method Electronics has a long and successful history. The company was founded in 1946 by William J. McGinley in the garage of his house in Chicago. Originally, the company was named "McGinley Manufacturing Company". In the 1960s, Method Electronics began to specialize in the development and manufacturing of switching systems and electronic components. Over the years, the company has become a major player in the electronics industry. Today, Method Electronics employs over 6,000 employees worldwide and has a presence in more than 30 locations in Europe, Asia, and the USA. Divisions Method Electronics is divided into various business segments that cover different industries and applications. These include: Automotive Industry: Method Electronics is a major supplier of electronic components and systems for the automotive industry. The company develops and produces control units, displays, switches, and sensors, among other things. Industrial: Method Electronics is also active in the industrial sector. Here, the company offers a wide portfolio of electronic solutions, including circuit boards, control panels, control systems, and industrial sensors. Aerospace: Method Electronics is also active in the aerospace industry. The company develops and produces electrical and electronic components and systems used in aircraft, satellites, and other aerospace applications. Medical Technology: Method Electronics operates in the medical technology sector, where it offers a variety of electronic components and systems. These include control devices, sensors, and other important components. Household Appliances: Method Electronics also offers electronic components and systems for household and entertainment devices. These include remote controls, audio devices, control and display panels, and more. Products Method Electronics offers a wide range of electronic products and solutions. The company is constantly striving to be a leader in the industry and develop and manufacture innovative electronic products. These include: Sensors: Method Electronics produces a wide range of sensors, including pressure sensors, position sensors, temperature sensors, and more. Switches: Method Electronics manufactures a variety of switches, including toggle switches, slide switches, tactile switches, and more. Circuit Boards: Method Electronics specializes in the production of circuit boards used in various applications, including electronics, automotive industry, aerospace, medical technology, and many more. Controls: Method Electronics produces control components and systems that can be used in a variety of applications. These include electronic controls for vehicles as well as controls for industrial applications. Display Panels: Method Electronics produces a wide range of display panels, including LCD displays, LED displays, and more. Conclusion Method Electronics is a leading supplier of electronic components and solutions. With over 75 years of experience in the industry, the company is a major player in various industries and applications. Method Electronics offers a wide range of products and services and relies on close collaboration with customers and partners to provide tailored solutions. The company is also known for its high standards in research and development, allowing it to remain competitive in the market and drive innovation. Methode Electronics ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Methode Electronics's P/E Ratio

The Price to Earnings (P/E) Ratio of Methode Electronics 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 Methode Electronics'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 Methode Electronics 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 Methode Electronics’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 Methode Electronics Stock

What is the price-to-earnings ratio of Methode Electronics?

The price-earnings ratio of Methode Electronics is currently -28.03.

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

The price-to-earnings ratio of Methode Electronics has increased by -237% 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 Methode Electronics high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Methode Electronics 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 Methode Electronics?

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

How much dividend does Methode Electronics pay?

Over the past 12 months, Methode Electronics paid a dividend of 0.56 USD . This corresponds to a dividend yield of about 4.95 %. For the coming 12 months, Methode Electronics is expected to pay a dividend of 0.61 USD.

What is the dividend yield of Methode Electronics?

The current dividend yield of Methode Electronics is 4.95 %.

When does Methode Electronics pay dividends?

Methode Electronics pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Methode Electronics?

Methode Electronics paid dividends every year for the past 24 years.

What is the dividend of Methode Electronics?

For the upcoming 12 months, dividends amounting to 0.61 USD are expected. This corresponds to a dividend yield of 5.4 %.

In which sector is Methode Electronics located?

Methode Electronics is assigned to the 'Information technology' sector.

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

To receive the latest dividend of Methode Electronics from 4/26/2024 amounting to 0.14 USD, you needed to have the stock in your portfolio before the ex-date on 4/11/2024.

When did Methode Electronics pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Methode Electronics in the year 2023?

In the year 2023, Methode Electronics distributed 0.56 USD as dividends.

In which currency does Methode Electronics pay out the dividend?

The dividends of Methode Electronics are distributed in USD.

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Andere Kennzahlen von Methode Electronics

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