RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Patterson Companies Stock

Patterson Companies P/E 2024

Patterson Companies P/E

12.39

Ticker

PDCO

ISIN

US7033951036

WKN

A0B6VB

As of Sep 10, 2024, Patterson Companies's P/E ratio was 12.39, a 0.08% change from the 12.38 P/E ratio recorded in the previous year.

The Patterson Companies P/E history

Patterson Companies Aktienanalyse

What does Patterson Companies do?

Patterson Companies Inc is a US company specializing in the distribution of products and services for the veterinary and dental sectors. The company's history dates back to 1877, when James Patterson Sr. founded a shipping company, which later became a major player in the logistics industry. The Patterson family also ventured into the timber industry by acquiring land in northern Minnesota, gaining increasing importance in the state's economy. After World War II, the company had to adapt as the demand for timber declined. The company's president at the time, James Patterson Jr., decided to focus on products and services for the veterinary market. In 1953, Patterson Dental Company was established, which grew to become one of the largest dental product distributors in the US in the following years. In the 1980s, the company expanded its portfolio to include the distribution of veterinary products and services. In 1986, Patterson Veterinary Supply was founded, which remains an important part of the company today. Later, Patterson Medical was established, specializing in the distribution of medical supplies and equipment. Patterson Companies Inc's business model is based on providing products and services for dental and veterinary practices. This includes not only selling products, but also supporting customers in optimizing their business processes. The company offers training and consulting services to help customers run their practices more successfully. In the dental products sector, Patterson offers a wide range of products, from dental chairs and instruments to materials used in dentistry. This includes dental prosthetics, disinfectants, and computer software. In the veterinary products sector, the company offers laboratory diagnostics, as well as animal feed and supplements. Similar to the dental sector, Patterson provides comprehensive services, including training and education. Patterson Medical focuses on rehabilitation products and mobility aids, such as wheelchairs, walking aids, and rehabilitation devices. They also offer a range of services to help customers optimize their business processes. Overall, Patterson Companies Inc employs around 7,000 employees and operates in the US, Canada, and the UK. The company has been listed on the Nasdaq stock exchange since 1984 and is currently one of the largest distributors of dental and veterinary products in North America. In conclusion, Patterson Companies Inc is a company specializing in the distribution of products and services for the veterinary and dental sectors. Their business model revolves around not only selling products, but also supporting customers in improving their business processes. They operate in various sectors, including dental products, veterinary products, and rehabilitation and mobility aids. Patterson Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Patterson Companies's P/E Ratio

The Price to Earnings (P/E) Ratio of Patterson Companies 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 Patterson Companies'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 Patterson Companies 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 Patterson Companies’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 Patterson Companies stock

What is the price-to-earnings ratio of Patterson Companies?

The price-earnings ratio of Patterson Companies is currently 12.39.

How has the price-earnings ratio of Patterson Companies changed compared to last year?

The price-to-earnings ratio of Patterson Companies has increased by 0.08% 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 Patterson Companies high compared to other companies?

Yes, the price-to-earnings ratio of Patterson Companies is high compared to other companies.

How does an increase in the price-earnings ratio of Patterson Companies affect the company?

An increase in the price-earnings ratio of Patterson Companies 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 Patterson Companies affect the company?

A decrease in the price-earnings ratio of Patterson Companies 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 Patterson Companies?

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

How much dividend does Patterson Companies pay?

Over the past 12 months, Patterson Companies paid a dividend of 0.78 USD . This corresponds to a dividend yield of about 3.77 %. For the coming 12 months, Patterson Companies is expected to pay a dividend of 0.83 USD.

What is the dividend yield of Patterson Companies?

The current dividend yield of Patterson Companies is 3.77 %.

When does Patterson Companies pay dividends?

Patterson Companies pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of Patterson Companies?

Patterson Companies paid dividends every year for the past 19 years.

What is the dividend of Patterson Companies?

For the upcoming 12 months, dividends amounting to 0.83 USD are expected. This corresponds to a dividend yield of 4.03 %.

In which sector is Patterson Companies located?

Patterson Companies is assigned to the 'Health' sector.

Wann musste ich die Aktien von Patterson Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Patterson Companies from 8/2/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 7/19/2024.

When did Patterson Companies pay the last dividend?

The last dividend was paid out on 8/2/2024.

What was the dividend of Patterson Companies in the year 2023?

In the year 2023, Patterson Companies distributed 1.04 USD as dividends.

In which currency does Patterson Companies pay out the dividend?

The dividends of Patterson Companies are distributed in USD.

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Andere Kennzahlen von Patterson Companies

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