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Prakash Steelage Stock

Prakash Steelage P/E 2024

Prakash Steelage P/E

2.6

Ticker

PRAKASHSTL.NS

ISIN

INE696K01024

As of Oct 4, 2024, Prakash Steelage's P/E ratio was 2.6, a -86% change from the 18.57 P/E ratio recorded in the previous year.

The Prakash Steelage P/E history

Prakash Steelage Aktienanalyse

What does Prakash Steelage do?

Prakash Steelage ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Prakash Steelage's P/E Ratio

The Price to Earnings (P/E) Ratio of Prakash Steelage 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 Prakash Steelage'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 Prakash Steelage 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 Prakash Steelage’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 Prakash Steelage stock

What is the price-to-earnings ratio of Prakash Steelage?

The price-earnings ratio of Prakash Steelage is currently 2.6.

How has the price-earnings ratio of Prakash Steelage changed compared to last year?

The price-to-earnings ratio of Prakash Steelage has increased by -86% 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 Prakash Steelage high compared to other companies?

Yes, the price-to-earnings ratio of Prakash Steelage is high compared to other companies.

How does an increase in the price-earnings ratio of Prakash Steelage affect the company?

An increase in the price-earnings ratio of Prakash Steelage 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 Prakash Steelage affect the company?

A decrease in the price-earnings ratio of Prakash Steelage 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 Prakash Steelage?

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

How much dividend does Prakash Steelage pay?

Over the past 12 months, Prakash Steelage paid a dividend of 0.05 INR . This corresponds to a dividend yield of about 0.54 %. For the coming 12 months, Prakash Steelage is expected to pay a dividend of 0 INR.

What is the dividend yield of Prakash Steelage?

The current dividend yield of Prakash Steelage is 0.54 %.

When does Prakash Steelage pay dividends?

Prakash Steelage pays a quarterly dividend. This is distributed in the months of September, September, October, October.

How secure is the dividend of Prakash Steelage?

Prakash Steelage paid dividends every year for the past 0 years.

What is the dividend of Prakash Steelage?

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

In which sector is Prakash Steelage located?

Prakash Steelage is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Prakash Steelage kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Prakash Steelage from 10/3/2015 amounting to 0.5 INR, you needed to have the stock in your portfolio before the ex-date on 9/21/2015.

When did Prakash Steelage pay the last dividend?

The last dividend was paid out on 10/3/2015.

What was the dividend of Prakash Steelage in the year 2023?

In the year 2023, Prakash Steelage distributed 0 INR as dividends.

In which currency does Prakash Steelage pay out the dividend?

The dividends of Prakash Steelage are distributed in INR.

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Andere Kennzahlen von Prakash Steelage

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