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Philippine Racing Club Stock

Philippine Racing Club P/E 2024

Philippine Racing Club P/E

8.54

Ticker

PRC.PM

ISIN

PHY7078S1034

As of Oct 10, 2024, Philippine Racing Club's P/E ratio was 8.54, a -58.06% change from the 20.36 P/E ratio recorded in the previous year.

The Philippine Racing Club P/E history

Philippine Racing Club Aktienanalyse

What does Philippine Racing Club do?

Philippine Racing Club ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Philippine Racing Club's P/E Ratio

The Price to Earnings (P/E) Ratio of Philippine Racing Club 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 Philippine Racing Club'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 Philippine Racing Club 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 Philippine Racing Club’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 Philippine Racing Club stock

What is the price-to-earnings ratio of Philippine Racing Club?

The price-earnings ratio of Philippine Racing Club is currently 8.54.

How has the price-earnings ratio of Philippine Racing Club changed compared to last year?

The price-to-earnings ratio of Philippine Racing Club has increased by -58.06% fallen (meaning "decreased" or "dropped") 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 Philippine Racing Club high compared to other companies?

Yes, the price-to-earnings ratio of Philippine Racing Club is high compared to other companies.

How does an increase in the price-earnings ratio of Philippine Racing Club affect the company?

An increase in the price-earnings ratio of Philippine Racing Club 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 Philippine Racing Club affect the company?

A decrease in the price-earnings ratio of Philippine Racing Club 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 Philippine Racing Club?

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

How much dividend does Philippine Racing Club pay?

Over the past 12 months, Philippine Racing Club paid a dividend of 0.08 PHP . This corresponds to a dividend yield of about 1.52 %. For the coming 12 months, Philippine Racing Club is expected to pay a dividend of 0.08 PHP.

What is the dividend yield of Philippine Racing Club?

The current dividend yield of Philippine Racing Club is 1.52 %.

When does Philippine Racing Club pay dividends?

Philippine Racing Club pays a quarterly dividend. This is distributed in the months of May, May, June, June.

How secure is the dividend of Philippine Racing Club?

Philippine Racing Club paid dividends every year for the past 9 years.

What is the dividend of Philippine Racing Club?

For the upcoming 12 months, dividends amounting to 0.08 PHP are expected. This corresponds to a dividend yield of 1.52 %.

In which sector is Philippine Racing Club located?

Philippine Racing Club is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Philippine Racing Club kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Philippine Racing Club from 5/31/2023 amounting to 0.08 PHP, you needed to have the stock in your portfolio before the ex-date on 5/2/2023.

When did Philippine Racing Club pay the last dividend?

The last dividend was paid out on 5/31/2023.

What was the dividend of Philippine Racing Club in the year 2023?

In the year 2023, Philippine Racing Club distributed 0.08 PHP as dividends.

In which currency does Philippine Racing Club pay out the dividend?

The dividends of Philippine Racing Club are distributed in PHP.

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Andere Kennzahlen von Philippine Racing Club

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