Prysmian SpA - Stock

Prysmian SpA P/E 2024

Prysmian SpA P/E

20.87

Ticker

PRY.MI

ISIN

IT0004176001

WKN

A0MP84

As of Jul 4, 2024, Prysmian SpA's P/E ratio was 20.87, a 13.06% change from the 18.46 P/E ratio recorded in the previous year.

The Prysmian SpA P/E history

Prysmian SpA Aktienanalyse

What does Prysmian SpA do?

Prysmian SpA is a global company in the cable and telecommunications technology sector based in Italy. The company was founded in 2011 when Prysmian Group and Draka Holding merged. However, the history of Prysmian dates back to 1879 when the company Pirelli began producing cables. Prysmian's business model focuses on the development and production of cables and other components for various industries. The company is divided into four business areas: energy, telecommunications, industrial solutions, and oil and gas. Each of these business areas offers specialized products and solutions that meet customer needs. The energy business area of Prysmian focuses on the production of cables and systems for the transport and distribution of energy. Prysmian produces and supplies cables for renewable energy and is a global leader in the production of underground cables and high-voltage cables. In the telecommunications business area, Prysmian is a global leader in the supply of fiber optic cables and systems. The company offers a variety of solutions for data transmission, including advanced FTTx technologies and fiber optic cables for use in data centers. Under the industrial solutions business area, Prysmian offers a variety of products and solutions that can be used in various industries. These products and solutions include cables, wire ropes, cable harnesses, and connectors for automotive, aerospace, and shipbuilding. In the oil and gas business area, Prysmian offers solutions specifically tailored to the requirements of the offshore oil and gas industry. The company produces underwater cables and power cables for offshore platforms and underwater vehicles, and also provides cables and sensors for monitoring offshore systems. Prysmian is also a leading manufacturer of specialty cables, including high-temperature, high-performance, fire-resistant, and security cables. These products are used in many industries, including aerospace, transportation, defense, and security. As a company focused on innovation and technology, Prysmian strives to develop new and improved solutions for its customers. The company invests heavily in research and development and collaborates closely with other companies, research institutions, and universities to develop new technologies and drive innovation. Overall, Prysmian is a high-quality and reputable company that offers a wide range of cables and telecommunications technology worldwide. With its four business areas, the company provides solutions for a variety of applications and industries and remains a key player in the cable and telecommunications industry. Prysmian SpA ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Prysmian SpA's P/E Ratio

The Price to Earnings (P/E) Ratio of Prysmian SpA 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 Prysmian SpA'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 Prysmian SpA 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 Prysmian SpA’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 Prysmian SpA Stock

What is the price-to-earnings ratio of Prysmian SpA?

The price-earnings ratio of Prysmian SpA is currently 20.87.

How has the price-earnings ratio of Prysmian SpA changed compared to last year?

The price-to-earnings ratio of Prysmian SpA has increased by 13.06% 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 Prysmian SpA high compared to other companies?

Yes, the price-to-earnings ratio of Prysmian SpA is high compared to other companies.

How does an increase in the price-earnings ratio of Prysmian SpA affect the company?

An increase in the price-earnings ratio of Prysmian SpA 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 Prysmian SpA affect the company?

A decrease in the price-earnings ratio of Prysmian SpA 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 Prysmian SpA?

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

How much dividend does Prysmian SpA pay?

Over the past 12 months, Prysmian SpA paid a dividend of 0.6 EUR . This corresponds to a dividend yield of about 1.02 %. For the coming 12 months, Prysmian SpA is expected to pay a dividend of 0.66 EUR.

What is the dividend yield of Prysmian SpA?

The current dividend yield of Prysmian SpA is 1.02 %.

When does Prysmian SpA pay dividends?

Prysmian SpA pays a quarterly dividend. This is distributed in the months of June, May, May, May.

How secure is the dividend of Prysmian SpA?

Prysmian SpA paid dividends every year for the past 0 years.

What is the dividend of Prysmian SpA?

For the upcoming 12 months, dividends amounting to 0.66 EUR are expected. This corresponds to a dividend yield of 1.12 %.

In which sector is Prysmian SpA located?

Prysmian SpA is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Prysmian SpA kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Prysmian SpA from 4/24/2024 amounting to 0.7 EUR, you needed to have the stock in your portfolio before the ex-date on 4/22/2024.

When did Prysmian SpA pay the last dividend?

The last dividend was paid out on 4/24/2024.

What was the dividend of Prysmian SpA in the year 2023?

In the year 2023, Prysmian SpA distributed 0.55 EUR as dividends.

In which currency does Prysmian SpA pay out the dividend?

The dividends of Prysmian SpA are distributed in EUR.

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Andere Kennzahlen von Prysmian SpA

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