What is the price-to-earnings ratio of Northern Ocean?
The price-earnings ratio of Northern Ocean is currently -3.43.
Northern Ocean P/E 2024
Northern Ocean P/E
-3.43
Ticker
NOL.OL
ISIN
BMG6682J1036
WKN
A2PWPV
As of Oct 2, 2024, Northern Ocean's P/E ratio was -3.43, a 13.2% change from the -3.03 P/E ratio recorded in the previous year.
The Northern Ocean P/E history
Northern Ocean Aktienanalyse
What does Northern Ocean do?
Northern Ocean ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Northern Ocean's P/E Ratio
The Price to Earnings (P/E) Ratio of Northern Ocean 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 Northern Ocean'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 Northern Ocean 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 Northern Ocean’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 Northern Ocean stock
How has the price-earnings ratio of Northern Ocean changed compared to last year?
The price-to-earnings ratio of Northern Ocean has increased by 13.2% 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 Northern Ocean high compared to other companies?
Yes, the price-to-earnings ratio of Northern Ocean is high compared to other companies.
How does an increase in the price-earnings ratio of Northern Ocean affect the company?
An increase in the price-earnings ratio of Northern Ocean 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 Northern Ocean affect the company?
A decrease in the price-earnings ratio of Northern Ocean 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 Northern Ocean?
Some factors that influence the price-earnings ratio of Northern Ocean are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Northern Ocean pay?
Over the past 12 months, Northern Ocean paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Northern Ocean is expected to pay a dividend of 0 USD.
What is the dividend yield of Northern Ocean?
The current dividend yield of Northern Ocean is .
When does Northern Ocean pay dividends?
Northern Ocean pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Northern Ocean?
Northern Ocean paid dividends every year for the past 0 years.
What is the dividend of Northern Ocean?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Northern Ocean located?
Northern Ocean is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Northern Ocean kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Northern Ocean from 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.
When did Northern Ocean pay the last dividend?
The last dividend was paid out on 10/2/2024.
What was the dividend of Northern Ocean in the year 2023?
In the year 2023, Northern Ocean distributed 0 USD as dividends.
In which currency does Northern Ocean pay out the dividend?
The dividends of Northern Ocean are distributed in USD.
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Andere Kennzahlen von Northern Ocean
Our stock analysis for Northern Ocean 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 Northern Ocean Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Northern Ocean Revenue
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- Northern Ocean EBIT
- Northern Ocean Dividend
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