PROG Holdings Stock

PROG Holdings P/E 2024

PROG Holdings P/E

11.69

Ticker

PRG

ISIN

US74319R1014

WKN

A2QKD7

As of Aug 6, 2024, PROG Holdings's P/E ratio was 11.69, a 7.44% change from the 10.88 P/E ratio recorded in the previous year.

The PROG Holdings P/E history

PROG Holdings Aktienanalyse

What does PROG Holdings do?

PROG Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering PROG Holdings's P/E Ratio

The Price to Earnings (P/E) Ratio of PROG Holdings 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 PROG Holdings'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 PROG Holdings 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 PROG Holdings’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 PROG Holdings stock

What is the price-to-earnings ratio of PROG Holdings?

The price-earnings ratio of PROG Holdings is currently 11.69.

How has the price-earnings ratio of PROG Holdings changed compared to last year?

The price-to-earnings ratio of PROG Holdings has increased by 7.44% 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 PROG Holdings high compared to other companies?

Yes, the price-to-earnings ratio of PROG Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of PROG Holdings affect the company?

An increase in the price-earnings ratio of PROG Holdings 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 PROG Holdings affect the company?

A decrease in the price-earnings ratio of PROG Holdings 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 PROG Holdings?

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

How much dividend does PROG Holdings pay?

Over the past 12 months, PROG Holdings paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 0.4 %. For the coming 12 months, PROG Holdings is expected to pay a dividend of 0 USD.

What is the dividend yield of PROG Holdings?

The current dividend yield of PROG Holdings is 0.4 %.

When does PROG Holdings pay dividends?

PROG Holdings pays a quarterly dividend. This is distributed in the months of October, December, April, June.

How secure is the dividend of PROG Holdings?

PROG Holdings paid dividends every year for the past 5 years.

What is the dividend of PROG Holdings?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is PROG Holdings located?

PROG Holdings is assigned to the 'Finance' sector.

Wann musste ich die Aktien von PROG Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of PROG Holdings from 6/11/2024 amounting to 0.12 USD, you needed to have the stock in your portfolio before the ex-date on 5/24/2024.

When did PROG Holdings pay the last dividend?

The last dividend was paid out on 6/11/2024.

What was the dividend of PROG Holdings in the year 2023?

In the year 2023, PROG Holdings distributed 0 USD as dividends.

In which currency does PROG Holdings pay out the dividend?

The dividends of PROG Holdings are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von PROG Holdings

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