What is the price-to-earnings ratio of Passat?
The price-earnings ratio of Passat is currently 8.82.
Passat P/E 2024
Passat P/E
8.82
Ticker
PSAT.PA
ISIN
FR0000038465
WKN
910177
As of Aug 21, 2024, Passat's P/E ratio was 8.82, a 54.47% change from the 5.71 P/E ratio recorded in the previous year.
The Passat P/E history
Passat Aktienanalyse
What does Passat do?
Passat SA is a globally operating company that has been active in heat exchanger technology for over 90 years. The company was founded in 1925 in Poland and still has its headquarters in Lublin today. Over the course of its history, the company has shifted its focus from the production of stoves and fireplaces to heat exchangers. The business model of Passat SA is based on three pillars: industry, heating or air conditioning, and the railway sector. Each of these areas serves different applications and offers specific products. The company manufactures heat exchangers for industrial processes, heating, and air conditioning systems that can be used in buildings as well as in vehicles. Among the products of Passat SA are heating boilers, heat exchangers for radiators, air conditioning systems, heat recovery systems, air heaters, and cooling towers. The latter are mainly used in the chemical industry and power plants. Passat SA offers solutions for individual customer requirements and can provide custom-made products and microprocessor controls due to its high production capacities and wide product portfolio. In the industrial sector, Passat SA manufactures heat exchangers for a variety of applications. This involves balancing or utilizing temperature differences between liquids or gases. Passat heat exchangers can be found in plants for the production of consumer goods, beverages, or steel. In the heating and air conditioning sector, Passat SA offers intelligent systems for indoor climate control with the highest energy efficiency. These systems are used in private households as well as in larger buildings such as office buildings and hospitals. In addition, Passat SA has a broad customer base in railway transport. They supply refrigerated wagons for goods transport as well as heating and air conditioning systems for trains. The company's product range also includes air purification systems and heat exchangers for solar parks or geothermal plants. Throughout its history, Passat SA has always focused on the research and development of new technologies. For many years, the company has been a pioneer in the research and development of microprocessor controls, which continuously improve and update the product range. Passat SA operates its own research facility where innovative products are developed. Passat SA is a company that stands out for its high quality and customer orientation. With its many years of experience in heat exchanger technology and its research work, it can not only boast high customer satisfaction but also an excellent reputation in the industry. In the future, Passat SA will continue to dedicate itself to the research and development of innovative technologies in order to meet the demands of its customers. Passat ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Passat's P/E Ratio
The Price to Earnings (P/E) Ratio of Passat 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 Passat'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 Passat 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 Passat’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 Passat stock
How has the price-earnings ratio of Passat changed compared to last year?
The price-to-earnings ratio of Passat has increased by 54.47% 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 Passat high compared to other companies?
Yes, the price-to-earnings ratio of Passat is high compared to other companies.
How does an increase in the price-earnings ratio of Passat affect the company?
An increase in the price-earnings ratio of Passat 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 Passat affect the company?
A decrease in the price-earnings ratio of Passat 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 Passat?
Some factors that influence the price-earnings ratio of Passat are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Passat pay?
Over the past 12 months, Passat paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Passat is expected to pay a dividend of 0 EUR.
What is the dividend yield of Passat?
The current dividend yield of Passat is .
When does Passat pay dividends?
Passat pays a quarterly dividend. This is distributed in the months of September, August, September, July.
How secure is the dividend of Passat?
Passat paid dividends every year for the past 0 years.
What is the dividend of Passat?
For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.
In which sector is Passat located?
Passat is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Passat kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Passat from 6/26/2017 amounting to 0.7 EUR, you needed to have the stock in your portfolio before the ex-date on 6/22/2017.
When did Passat pay the last dividend?
The last dividend was paid out on 6/26/2017.
What was the dividend of Passat in the year 2023?
In the year 2023, Passat distributed 0 EUR as dividends.
In which currency does Passat pay out the dividend?
The dividends of Passat are distributed in EUR.
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Andere Kennzahlen von Passat
Our stock analysis for Passat 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 Passat Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
