North East Rubber PCL - Stock

North East Rubber PCL P/E 2024

North East Rubber PCL P/E

3.89

Ticker

NER.BK

ISIN

TH8798010006

As of Jun 20, 2024, North East Rubber PCL's P/E ratio was 3.89, a -26.74% change from the 5.31 P/E ratio recorded in the previous year.

The North East Rubber PCL P/E history

North East Rubber PCL Aktienanalyse

What does North East Rubber PCL do?

Northeast Rubber PCL is a leading rubber product manufacturer based in Thailand that has been in business for nearly 50 years. The company was founded in 1972 and has since built a strong foundation based on innovation, quality, and service. In response to strong demand for rubber, Northeast Rubber has strategically aligned its business model across multiple divisions to meet the needs of customers in various industries. These divisions include the production of rubber hoses, rubber seals, rubber molded parts, and rubber rollers. The rubber hoses, offered in various sizes and designs, are widely used in agriculture, mining, and the oil and gas industry. They are weather-resistant and highly resistant to chemicals, heat, and pressure. The rubber seals, on the other hand, are mainly used in the automotive and construction industries and are known for their high tightness and durability. The rubber molded parts manufactured by Northeast Rubber are customized products for specific applications. They are developed and produced in collaboration with customers and find application in areas such as the electronics industry, telecommunications, and mechanical engineering. The rubber rollers, made of high-quality synthetic rubber, are used in various industries such as the paper and textile industry, as well as mining and conveyor technology. They are characterized by durability, corrosion resistance, and abrasion resistance. Northeast Rubber follows a strict quality control process for all its products to ensure that each product meets customer requirements and specifications. The company is certified to ISO 9001 and ISO 14001 and pursues a continuous improvement process in terms of production and environmental protection. The company is also constantly striving to improve and develop its technologies. In recent years, the company has faced strong competition in the global market. Therefore, it has decided to focus more on innovation and research and development. In 2018, Northeast Rubber opened a new factory near the port of Laem Chabang to increase production volume and develop new products that meet customer needs. Over time, Northeast Rubber has established itself as one of the leading manufacturers of rubber products. One of the reasons for this is the close collaboration with customers to find solutions to their practical challenges. The company is on track to leverage its innovative capabilities to achieve continuous growth in the future. Answer: Northeast Rubber PCL is a leading manufacturer of rubber products based in Thailand, with over 50 years of experience. It offers rubber hoses, seals, molded parts, and rollers for various industries. The company focuses on quality control, innovation, and customer collaboration. It aims to achieve continuous growth through research and development. North East Rubber PCL ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering North East Rubber PCL's P/E Ratio

The Price to Earnings (P/E) Ratio of North East Rubber PCL 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 North East Rubber PCL'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 North East Rubber PCL 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 North East Rubber PCL’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 North East Rubber PCL Stock

What is the price-to-earnings ratio of North East Rubber PCL?

The price-earnings ratio of North East Rubber PCL is currently 3.89.

How has the price-earnings ratio of North East Rubber PCL changed compared to last year?

The price-to-earnings ratio of North East Rubber PCL has increased by -26.74% 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 North East Rubber PCL high compared to other companies?

Yes, the price-to-earnings ratio of North East Rubber PCL is high compared to other companies.

How does an increase in the price-earnings ratio of North East Rubber PCL affect the company?

An increase in the price-earnings ratio of North East Rubber PCL 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 North East Rubber PCL affect the company?

A decrease in the price-earnings ratio of North East Rubber PCL 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 North East Rubber PCL?

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

How much dividend does North East Rubber PCL pay?

Over the past 12 months, North East Rubber PCL paid a dividend of 0.36 THB . This corresponds to a dividend yield of about 6.79 %. For the coming 12 months, North East Rubber PCL is expected to pay a dividend of 0.42 THB.

What is the dividend yield of North East Rubber PCL?

The current dividend yield of North East Rubber PCL is 6.79 %.

When does North East Rubber PCL pay dividends?

North East Rubber PCL pays a quarterly dividend. This is distributed in the months of September, May, September, May.

How secure is the dividend of North East Rubber PCL?

North East Rubber PCL paid dividends every year for the past 7 years.

What is the dividend of North East Rubber PCL?

For the upcoming 12 months, dividends amounting to 0.42 THB are expected. This corresponds to a dividend yield of 7.92 %.

In which sector is North East Rubber PCL located?

North East Rubber PCL is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von North East Rubber PCL kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of North East Rubber PCL from 5/9/2024 amounting to 0.29 THB, you needed to have the stock in your portfolio before the ex-date on 4/22/2024.

When did North East Rubber PCL pay the last dividend?

The last dividend was paid out on 5/9/2024.

What was the dividend of North East Rubber PCL in the year 2023?

In the year 2023, North East Rubber PCL distributed 0.43 THB as dividends.

In which currency does North East Rubber PCL pay out the dividend?

The dividends of North East Rubber PCL are distributed in THB.

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Andere Kennzahlen von North East Rubber PCL

Our stock analysis for North East Rubber PCL 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 North East Rubber PCL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.