What is the price-to-earnings ratio of Novo Nordisk A/S?
The price-earnings ratio of Novo Nordisk A/S is currently 53.59.
As of Nov 1, 2024, Novo Nordisk A/S's P/E ratio was 53.59, a 81.66% change from the 29.5 P/E ratio recorded in the previous year.
The Price to Earnings (P/E) Ratio of Novo Nordisk A/S 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.
Assessing Novo Nordisk A/S'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.
The P/E ratio of Novo Nordisk A/S 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.
Fluctuations in Novo Nordisk A/S’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.
The price-earnings ratio of Novo Nordisk A/S is currently 53.59.
The price-to-earnings ratio of Novo Nordisk A/S has increased by 81.66% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Novo Nordisk A/S is high compared to other companies.
An increase in the price-earnings ratio of Novo Nordisk A/S would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Novo Nordisk A/S would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Novo Nordisk A/S are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Novo Nordisk A/S paid a dividend of 14.15 DKK . This corresponds to a dividend yield of about 1.83 %. For the coming 12 months, Novo Nordisk A/S is expected to pay a dividend of 14.94 DKK.
The current dividend yield of Novo Nordisk A/S is 1.83 %.
Novo Nordisk A/S pays a quarterly dividend. This is distributed in the months of September, April, September, September.
Novo Nordisk A/S paid dividends every year for the past 26 years.
For the upcoming 12 months, dividends amounting to 14.94 DKK are expected. This corresponds to a dividend yield of 1.94 %.
Novo Nordisk A/S is assigned to the 'Health' sector.
To receive the latest dividend of Novo Nordisk A/S from 8/19/2024 amounting to 0.51 DKK, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
The last dividend was paid out on 8/19/2024.
In the year 2023, Novo Nordisk A/S distributed 11.15 DKK as dividends.
The dividends of Novo Nordisk A/S are distributed in DKK.
The Novo Nordisk A/S stock can be added to a savings plan with the following providers: Trade Republic, ING, Scalable Capital and Consorsbank
Our stock analysis for Novo Nordisk A/S 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 Novo Nordisk A/S Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.