RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Nedbank Group Stock

Nedbank Group P/E 2024

Nedbank Group P/E

701.69

Ticker

NED.JO

ISIN

ZAE000004875

WKN

864784

As of Oct 21, 2024, Nedbank Group's P/E ratio was 701.69, a 5.28% change from the 666.49 P/E ratio recorded in the previous year.

The Nedbank Group P/E history

Nedbank Group Aktienanalyse

What does Nedbank Group do?

The Nedbank Group Ltd. is an African bank based in South Africa. The company is one of the largest financial institutions in Africa, offering a wide range of banking services, insurance, and asset management. History The company was founded in 1969 through the merger of NBS Bank and BPK Bank. Since then, it has continued to evolve through mergers and acquisitions and is now part of the Old Mutual Group, one of the largest financial service providers in South Africa. The Nedbank Group is listed on the Johannesburg Stock Exchange and also has branches in other African countries. Business Model The Nedbank Group offers a wide range of banking services for both individuals and business customers. These include accounts, credit and debit cards, loans, savings and investment products, as well as insurance and asset management services. The company also has a subsidiary, Nedbank Capital, which specializes in corporate finance, trading, initial public offerings, and structured finance products. Nedbank Capital also serves institutional clients and offers treasury services. Divisions The Nedbank Group is divided into three core divisions: 1. Passive Investments: This includes all activities related to the management of assets in the form of passive investments, such as investment funds and exchange-traded funds. 2. Credit and Lending: In this division, the Nedbank Group offers loans and financing to both individuals and businesses. This includes mortgage loans, leasing and factoring financing, as well as trade and export finance. 3. Transactional Services: This division encompasses services related to daily banking operations, such as account management, payments, and debit cards. This also includes specialized services such as online banking, digital currencies, and mobile banking. Products The Nedbank Group offers various products to meet customer needs. These include: 1. Accounts: The Nedbank Group offers various types of accounts, including basic accounts for daily use, savings accounts, and accounts with higher interest rates. 2. Loans: The company offers a variety of loans, including mortgages, auto loans, and loans for businesses. 3. Credit and Debit Cards: The Nedbank Group offers a wide range of credit and debit cards to enable customers to make flexible and secure payments. 4. Insurance: The Nedbank Group offers a wide range of insurance products, including life, health, auto, home, and contents insurance. 5. Asset Management: For customers looking to invest their wealth, the Nedbank Group offers asset management services to manage their wealth in line with their risk appetite and financial goals. Conclusion The Nedbank Group is a major bank offering a wide range of banking services, insurance, and asset management services. With a broad range of products and services, the Nedbank Group is a key player in the South African market and also has a presence in other African countries. The company has a strong history of expansion and innovation and remains a significant provider of banking services across Africa. Nedbank Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Nedbank Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Nedbank 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 Nedbank 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 Nedbank 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 Nedbank 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 Nedbank Group stock

What is the price-to-earnings ratio of Nedbank Group?

The price-earnings ratio of Nedbank Group is currently 701.69.

How has the price-earnings ratio of Nedbank Group changed compared to last year?

The price-to-earnings ratio of Nedbank Group has increased by 5.28% increased 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 Nedbank Group high compared to other companies?

Yes, the price-to-earnings ratio of Nedbank Group is high compared to other companies.

How does an increase in the price-earnings ratio of Nedbank Group affect the company?

An increase in the price-earnings ratio of Nedbank 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 Nedbank Group affect the company?

A decrease in the price-earnings ratio of Nedbank 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 Nedbank Group?

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

How much dividend does Nedbank Group pay?

Over the past 12 months, Nedbank Group paid a dividend of 17.37 ZAR . This corresponds to a dividend yield of about 0.06 %. For the coming 12 months, Nedbank Group is expected to pay a dividend of 18.42 ZAR.

What is the dividend yield of Nedbank Group?

The current dividend yield of Nedbank Group is 0.06 %.

When does Nedbank Group pay dividends?

Nedbank Group pays a quarterly dividend. This is distributed in the months of October, May, October, October.

How secure is the dividend of Nedbank Group?

Nedbank Group paid dividends every year for the past 23 years.

What is the dividend of Nedbank Group?

For the upcoming 12 months, dividends amounting to 18.42 ZAR are expected. This corresponds to a dividend yield of 0.06 %.

In which sector is Nedbank Group located?

Nedbank Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Nedbank Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nedbank Group from 9/9/2024 amounting to 0.54 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.

When did Nedbank Group pay the last dividend?

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

What was the dividend of Nedbank Group in the year 2023?

In the year 2023, Nedbank Group distributed 15.41 ZAR as dividends.

In which currency does Nedbank Group pay out the dividend?

The dividends of Nedbank Group are distributed in ZAR.

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Andere Kennzahlen von Nedbank Group

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