What is the price-to-earnings ratio of Pittards?
The price-earnings ratio of Pittards is currently 2.07.
Pittards P/E 2024
Pittards P/E
2.07
Ticker
PTD.L
ISIN
GB00BHB1XR83
WKN
A1XBNB
As of Nov 20, 2024, Pittards's P/E ratio was 2.07, a -99.26% change from the 279.4 P/E ratio recorded in the previous year.
The Pittards P/E history
Pittards Aktienanalyse
What does Pittards do?
Pittards PLC is a British company specializing in the production of high-quality leather. The company was founded in 1826 by Charles Pittard in Yeovil, England, initially focusing on producing leather gloves. Over the years, the company has evolved and now produces a wide range of leather products. Pittards' business model is focused on quality and sustainability. The company is committed to using only the best leather from selected, ethically correct, and sustainable sources. It has a strong identity as an award-winning corporate social responsibility company. Pittards is also a B-Corp certified company, meeting the highest standards of performance, responsibility, and transparency in the areas of environment, social, and economic impact. The company has three different divisions: gloves, footwear, and leather. The glove division produces a wide range of leather gloves used in various industries, from motorsports to fashion and workplace safety. Pittards' footwear division also produces a diverse range of leather shoes used by renowned shoe manufacturers worldwide. The leather division manufactures leather for a variety of applications, including furniture, upholstery, automotive, and aircraft interiors. Pittards' products, whether gloves, shoes, or leather, are renowned for their exceptional quality achieved by using only the best and most sustainable types of leather and a dedicated team of professionals. The company works closely with its customers to develop customized solutions for their specific requirements and ensures that each order is executed punctually, reliably, and with the highest quality. In recent years, Pittards has successfully reached new markets, including the growing market for high-quality smart leather products. The company has invested in a new production line enabling the manufacturing of leather products with integrated smart technology. This technology, for example, allows gloves and shoes to operate sensitive touchscreens. In conclusion, Pittards is a long-standing and reliable company specializing in the production of high-quality leather. The company has diversified its divisions to produce a variety of leather products for different industries and applications. Pittards' commitment to quality, sustainability, and corporate responsibility has helped create a strong identity appreciated by customers worldwide. Pittards ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Pittards's P/E Ratio
The Price to Earnings (P/E) Ratio of Pittards 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 Pittards'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 Pittards 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 Pittards’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 Pittards stock
How has the price-earnings ratio of Pittards changed compared to last year?
The price-to-earnings ratio of Pittards has increased by -99.26% 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 Pittards high compared to other companies?
Yes, the price-to-earnings ratio of Pittards is high compared to other companies.
How does an increase in the price-earnings ratio of Pittards affect the company?
An increase in the price-earnings ratio of Pittards 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 Pittards affect the company?
A decrease in the price-earnings ratio of Pittards 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 Pittards?
Some factors that influence the price-earnings ratio of Pittards are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Pittards pay?
Over the past 12 months, Pittards paid a dividend of 0.01 GBP . This corresponds to a dividend yield of about 929.37 %. For the coming 12 months, Pittards is expected to pay a dividend of 0.01 GBP.
What is the dividend yield of Pittards?
The current dividend yield of Pittards is 929.37 %.
When does Pittards pay dividends?
Pittards pays a quarterly dividend. This is distributed in the months of May, November, July, January.
How secure is the dividend of Pittards?
Pittards paid dividends every year for the past 5 years.
What is the dividend of Pittards?
For the upcoming 12 months, dividends amounting to 0.01 GBP are expected. This corresponds to a dividend yield of 2,045.59 %.
In which sector is Pittards located?
Pittards is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Pittards kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Pittards from 1/12/2023 amounting to 0.005 GBP, you needed to have the stock in your portfolio before the ex-date on 12/15/2022.
When did Pittards pay the last dividend?
The last dividend was paid out on 1/12/2023.
What was the dividend of Pittards in the year 2023?
In the year 2023, Pittards distributed 0.01 GBP as dividends.
In which currency does Pittards pay out the dividend?
The dividends of Pittards are distributed in GBP.
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Andere Kennzahlen von Pittards
Our stock analysis for Pittards 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 Pittards Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
