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REN Redes Energeticas Nacionais SGPS S A Stock

REN Redes Energeticas Nacionais SGPS S A P/E 2024

REN Redes Energeticas Nacionais SGPS S A P/E

13.06

Ticker

RENE.LS

ISIN

PTREL0AM0008

WKN

A0MVJA

As of Oct 1, 2024, REN Redes Energeticas Nacionais SGPS S A's P/E ratio was 13.06, a 16.82% change from the 11.18 P/E ratio recorded in the previous year.

The REN Redes Energeticas Nacionais SGPS S A P/E history

REN Redes Energeticas Nacionais SGPS S A Aktienanalyse

What does REN Redes Energeticas Nacionais SGPS S A do?

Ren Redes Energeticas Nacionais SGPS SA is a Portuguese company that specializes in the operation, maintenance, and expansion of the Portuguese power grid. The company was founded in 2006 and has been listed on the Portuguese stock exchange since 2008. Ren's business model is based on collaborating with other companies to provide energy to the country and optimize energy supply. Ren has also made investments in renewable energy and smart grids to reduce dependence on fossil fuels. The company is divided into several divisions, including operation and maintenance, network expansion and development, renewable energy, and customer relations. The operation and maintenance division includes the daily operation of the power grid, including monitoring and maintenance of the network and replacement of damaged or outdated equipment. The network expansion and development division aims to modernize and make the Portuguese power grid safer. This includes building new substations and power lines, as well as improving IT infrastructure. Ren has also invested in renewable energy, including wind and solar power, as well as hydropower. The company operates several wind farms in Portugal and has also been involved in international projects. Ren's goal is to ensure a sustainable, clean, and reliable energy supply. In terms of customer relations, Ren offers various solutions for electricity and gas supply. The company also operates a smart energy monitoring system that informs consumers about their energy consumption and provides tips for improving energy efficiency. In addition to the mentioned business areas, Ren also offers training to promote awareness of energy efficiency and the use of renewable energy. Overall, Ren is an important company for energy supply and the energy transition in Portugal. Through its various business areas and investments in renewable energy, the company contributes to the expansion of a sustainable, clean, and reliable energy supply. REN Redes Energeticas Nacionais SGPS S A ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering REN Redes Energeticas Nacionais SGPS S A's P/E Ratio

The Price to Earnings (P/E) Ratio of REN Redes Energeticas Nacionais SGPS S A 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 REN Redes Energeticas Nacionais SGPS S A'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 REN Redes Energeticas Nacionais SGPS S A 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 REN Redes Energeticas Nacionais SGPS S A’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 REN Redes Energeticas Nacionais SGPS S A stock

What is the price-to-earnings ratio of REN Redes Energeticas Nacionais SGPS S A?

The price-earnings ratio of REN Redes Energeticas Nacionais SGPS S A is currently 13.06.

How has the price-earnings ratio of REN Redes Energeticas Nacionais SGPS S A changed compared to last year?

The price-to-earnings ratio of REN Redes Energeticas Nacionais SGPS S A has increased by 16.82% 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 REN Redes Energeticas Nacionais SGPS S A high compared to other companies?

Yes, the price-to-earnings ratio of REN Redes Energeticas Nacionais SGPS S A is high compared to other companies.

How does an increase in the price-earnings ratio of REN Redes Energeticas Nacionais SGPS S A affect the company?

An increase in the price-earnings ratio of REN Redes Energeticas Nacionais SGPS S A 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 REN Redes Energeticas Nacionais SGPS S A affect the company?

A decrease in the price-earnings ratio of REN Redes Energeticas Nacionais SGPS S A 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 REN Redes Energeticas Nacionais SGPS S A?

Some factors that influence the price-earnings ratio of REN Redes Energeticas Nacionais SGPS S A are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does REN Redes Energeticas Nacionais SGPS S A pay?

Over the past 12 months, REN Redes Energeticas Nacionais SGPS S A paid a dividend of 0.22 EUR . This corresponds to a dividend yield of about 9.03 %. For the coming 12 months, REN Redes Energeticas Nacionais SGPS S A is expected to pay a dividend of 0.21 EUR.

What is the dividend yield of REN Redes Energeticas Nacionais SGPS S A?

The current dividend yield of REN Redes Energeticas Nacionais SGPS S A is 9.03 %.

When does REN Redes Energeticas Nacionais SGPS S A pay dividends?

REN Redes Energeticas Nacionais SGPS S A pays a quarterly dividend. This is distributed in the months of June, January, January, June.

How secure is the dividend of REN Redes Energeticas Nacionais SGPS S A?

REN Redes Energeticas Nacionais SGPS S A paid dividends every year for the past 22 years.

What is the dividend of REN Redes Energeticas Nacionais SGPS S A?

For the upcoming 12 months, dividends amounting to 0.21 EUR are expected. This corresponds to a dividend yield of 8.84 %.

In which sector is REN Redes Energeticas Nacionais SGPS S A located?

REN Redes Energeticas Nacionais SGPS S A is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von REN Redes Energeticas Nacionais SGPS S A kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of REN Redes Energeticas Nacionais SGPS S A from 5/31/2024 amounting to 0.09 EUR, you needed to have the stock in your portfolio before the ex-date on 5/29/2024.

When did REN Redes Energeticas Nacionais SGPS S A pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of REN Redes Energeticas Nacionais SGPS S A in the year 2023?

In the year 2023, REN Redes Energeticas Nacionais SGPS S A distributed 0.218 EUR as dividends.

In which currency does REN Redes Energeticas Nacionais SGPS S A pay out the dividend?

The dividends of REN Redes Energeticas Nacionais SGPS S A are distributed in EUR.

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Andere Kennzahlen von REN Redes Energeticas Nacionais SGPS S A

Our stock analysis for REN Redes Energeticas Nacionais SGPS S A 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 REN Redes Energeticas Nacionais SGPS S A Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.