Minerals Technologies Stock

Minerals Technologies P/E 2024

Minerals Technologies P/E

13.88

Ticker

MTX

ISIN

US6031581068

WKN

885032

As of Oct 2, 2024, Minerals Technologies's P/E ratio was 13.88, a -35.5% change from the 21.52 P/E ratio recorded in the previous year.

The Minerals Technologies P/E history

Minerals Technologies Aktienanalyse

What does Minerals Technologies do?

Minerals Technologies Inc. is a global company that specializes in the development and manufacturing of technical materials and solutions. The company was founded in 1992 and is headquartered in New York, USA. Its business model is based on delivering high-quality products and services to various industries such as the paper, construction, chemical and plastics, as well as personal care and food industries. Today, Minerals Technologies has offices in over 50 countries and employs over 4,000 people worldwide. One of its key products is "PCC" (precipitated calcium carbonate), which is used in paper production. PCC is extracted and refined from natural limestone deposits to achieve the best quality. Its use in paper manufacturing improves paper quality and increases production efficiency. Additionally, Minerals Technologies offers other products such as wollastonite, talc, barium sulfate, and electrical insulation materials. Its construction industry division provides solutions for both high and deep construction, including water-repellent additives to enhance durability and performance of concrete, as well as air-binding materials for pollution reduction. The company also has a wide range of products in the personal care and food industries, including toothpaste, beauty and personal care products, and food ingredients. Overall, Minerals Technologies is a respected company that specializes in the development and delivery of technical solutions and materials. Through its various divisions and innovative products and services, Minerals Technologies is able to meet the demands and needs of its customers worldwide. Minerals Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Minerals Technologies's P/E Ratio

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

What is the price-to-earnings ratio of Minerals Technologies?

The price-earnings ratio of Minerals Technologies is currently 13.88.

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

The price-to-earnings ratio of Minerals Technologies has increased by -35.5% 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 Minerals Technologies high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Minerals Technologies 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 Minerals Technologies?

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

How much dividend does Minerals Technologies pay?

Over the past 12 months, Minerals Technologies paid a dividend of 0.25 USD . This corresponds to a dividend yield of about 0.33 %. For the coming 12 months, Minerals Technologies is expected to pay a dividend of 0.27 USD.

What is the dividend yield of Minerals Technologies?

The current dividend yield of Minerals Technologies is 0.33 %.

When does Minerals Technologies pay dividends?

Minerals Technologies pays a quarterly dividend. This is distributed in the months of November, March, June, September.

How secure is the dividend of Minerals Technologies?

Minerals Technologies paid dividends every year for the past 23 years.

What is the dividend of Minerals Technologies?

For the upcoming 12 months, dividends amounting to 0.27 USD are expected. This corresponds to a dividend yield of 0.35 %.

In which sector is Minerals Technologies located?

Minerals Technologies is assigned to the 'Commodities' sector.

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

To receive the latest dividend of Minerals Technologies from 9/6/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.

When did Minerals Technologies pay the last dividend?

The last dividend was paid out on 9/6/2024.

What was the dividend of Minerals Technologies in the year 2023?

In the year 2023, Minerals Technologies distributed 0.2 USD as dividends.

In which currency does Minerals Technologies pay out the dividend?

The dividends of Minerals Technologies are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Minerals Technologies stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Minerals Technologies

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