What is the price-to-earnings ratio of Mitie Group?
The price-earnings ratio of Mitie Group is currently 13.42.
Mitie Group P/E 2024
Mitie Group P/E
13.42
Ticker
MTO.L
ISIN
GB0004657408
WKN
864585
As of Nov 19, 2024, Mitie Group's P/E ratio was 13.42, a -7.7% change from the 14.54 P/E ratio recorded in the previous year.
The Mitie Group P/E history
Mitie Group Aktienanalyse
What does Mitie Group do?
The Mitie Group PLC is a British company that was founded in 1987 and has its headquarters in London. It is a facility management and outsourcing company that offers various services to businesses and public institutions. Mitie offers a wide range of services including building cleaning, security services, catering, building maintenance, energy and engineering services, as well as digital technology and consulting services. Mitie's history began with a team of four individuals who founded the company to provide cleaning and maintenance services to businesses. Over the years, Mitie continuously expanded its offerings and grew through numerous acquisitions. The Mitie Group has specialized in various industries including office buildings, retail spaces, airports, government-related organizations, and healthcare facilities. Mitie's clients include both public and private companies. Mitie is committed to continuously improving and optimizing its services. The company has invested heavily in digital technologies and automation in recent years. By utilizing data analytics and artificial intelligence, processes can be optimized, resulting in higher customer satisfaction and lower service costs. An example of Mitie's digital services is the Smart Buildings Hub, a digital management system for buildings that connects a variety of sensors, algorithms, and cloud platforms. This system allows for optimizing the energy consumption of buildings, resulting in cost savings and a reduction in CO2 emissions. Mitie has also expanded its presence in the renewable energy market. The company offers consulting and engineering services for energy efficiency and aims to be carbon neutral by 2025. Since its founding in 1987, Mitie has continuously evolved and expanded its business model. The acquisition of Interserve in 2019 and 2021 were important steps in the company's growth strategy. Mitie aims to be a leading company in scalable outsourcing and facility management and has set its sights on pursuing further growth opportunities and expansions in the coming years. Overall, Mitie offers a variety of services aimed at making the lives of businesses and public institutions easier and better. Through investments in digital technologies and renewable energy, the company demonstrates a high level of responsibility and sustainability. Mitie is a company that focuses on innovation and flexibility to meet the needs of its customers. Mitie Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Mitie Group's P/E Ratio
The Price to Earnings (P/E) Ratio of Mitie Group 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 Mitie Group'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 Mitie Group 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 Mitie Group’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 Mitie Group stock
How has the price-earnings ratio of Mitie Group changed compared to last year?
The price-to-earnings ratio of Mitie Group has increased by -7.7% 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 Mitie Group high compared to other companies?
Yes, the price-to-earnings ratio of Mitie Group is high compared to other companies.
How does an increase in the price-earnings ratio of Mitie Group affect the company?
An increase in the price-earnings ratio of Mitie Group 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 Mitie Group affect the company?
A decrease in the price-earnings ratio of Mitie Group 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 Mitie Group?
Some factors that influence the price-earnings ratio of Mitie Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Mitie Group pay?
Over the past 12 months, Mitie Group paid a dividend of 0.07 GBP . This corresponds to a dividend yield of about 6.12 %. For the coming 12 months, Mitie Group is expected to pay a dividend of 0.07 GBP.
What is the dividend yield of Mitie Group?
The current dividend yield of Mitie Group is 6.12 %.
When does Mitie Group pay dividends?
Mitie Group pays a quarterly dividend. This is distributed in the months of July, January, July, July.
How secure is the dividend of Mitie Group?
Mitie Group paid dividends every year for the past 7 years.
What is the dividend of Mitie Group?
For the upcoming 12 months, dividends amounting to 0.07 GBP are expected. This corresponds to a dividend yield of 6.14 %.
In which sector is Mitie Group located?
Mitie Group is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Mitie Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Mitie Group from 8/5/2024 amounting to 0.04 GBP, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.
When did Mitie Group pay the last dividend?
The last dividend was paid out on 8/5/2024.
What was the dividend of Mitie Group in the year 2023?
In the year 2023, Mitie Group distributed 0.032 GBP as dividends.
In which currency does Mitie Group pay out the dividend?
The dividends of Mitie Group are distributed in GBP.
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Andere Kennzahlen von Mitie Group
Our stock analysis for Mitie Group 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 Mitie Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
