What is the price-to-earnings ratio of Minesto?
The price-earnings ratio of Minesto is currently -16.95.
Minesto P/E 2024
Minesto P/E
-16.95
Minesto Dividend yield
Ticker
MINEST.ST
ISIN
SE0007578141
WKN
A143TN
As of Apr 29, 2024, Minesto's P/E ratio was -16.95, a -16.83% change from the -20.38 P/E ratio recorded in the previous year.
The Minesto P/E history
Minesto Aktienanalyse
What does Minesto do?
Minesto AB is a Swedish company specializing in the development of technologies for harvesting renewable energy from ocean currents. The company was founded in 2007 and is headquartered in Gothenburg, employing around 80 employees. Minesto AB was founded by Martin Edlund, who recognized the importance of ocean energy resources for the future. With the help of investors, the company quickly grew and invested in the development of marine energy technologies. The company's business model is based on the development and sale of technologies for harvesting renewable energy from ocean currents. They have developed a technology called "Deep Green," which is an underwater kite that moves along deepwater channels using the current, driving a generator to produce electricity. Minesto AB's model is to sell the technology for small, decentralized installations that could be installed near coasts or in remote island areas. They have also invested in other areas, such as marine technology and environmental monitoring of offshore energy systems. Minesto AB's main product is the Deep Green technology, which has been praised as the "green energy source of the future" and has the potential to play a significant role in future energy supply. The company has also developed a wide range of products and services in the field of marine energy and technology. Minesto ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Minesto's P/E Ratio
The Price to Earnings (P/E) Ratio of Minesto 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 Minesto'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 Minesto 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 Minesto’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 Minesto Stock
How has the price-earnings ratio of Minesto changed compared to last year?
The price-to-earnings ratio of Minesto has increased by -16.83% 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 Minesto high compared to other companies?
Yes, the price-to-earnings ratio of Minesto is high compared to other companies.
How does an increase in the price-earnings ratio of Minesto affect the company?
An increase in the price-earnings ratio of Minesto 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 Minesto affect the company?
A decrease in the price-earnings ratio of Minesto 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 Minesto?
Some factors that influence the price-earnings ratio of Minesto are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Minesto pay?
Over the past 12 months, Minesto paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Minesto is expected to pay a dividend of 0 SEK.
What is the dividend yield of Minesto?
The current dividend yield of Minesto is .
When does Minesto pay dividends?
Minesto pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Minesto?
Minesto paid dividends every year for the past 0 years.
What is the dividend of Minesto?
For the upcoming 12 months, dividends amounting to 0 SEK are expected. This corresponds to a dividend yield of 0 %.
In which sector is Minesto located?
Minesto is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Minesto kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Minesto from 4/29/2024 amounting to 0 SEK, you needed to have the stock in your portfolio before the ex-date on 4/29/2024.
When did Minesto pay the last dividend?
The last dividend was paid out on 4/29/2024.
What was the dividend of Minesto in the year 2023?
In the year 2023, Minesto distributed 0 SEK as dividends.
In which currency does Minesto pay out the dividend?
The dividends of Minesto are distributed in SEK.
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Andere Kennzahlen von Minesto
Our stock analysis for Minesto 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 Minesto Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
