Ramsay Health Care - Stock

Ramsay Health Care P/E 2024

Ramsay Health Care P/E

34.24

Ramsay Health Care Dividend yield

2.18 %

Ticker

RHC.AX

ISIN

AU000000RHC8

WKN

874338

As of Jun 9, 2024, Ramsay Health Care's P/E ratio was 34.24, a -26.05% change from the 46.3 P/E ratio recorded in the previous year.

The Ramsay Health Care P/E history

Ramsay Health Care Aktienanalyse

What does Ramsay Health Care do?

Ramsay Health Care Ltd is an international healthcare company based in Australia. It was founded in 1964 by Paul Ramsay and started as a single facility with five beds in Paddington, New South Wales. Since then, the company has become one of the largest private healthcare providers in the world. The business model of Ramsay Health Care is based on providing top-quality medical services that aim to create a highly satisfying experience for patients and their families. The company strives to support patients in their health and well-being needs. Ramsay Health Care Ltd offers a wide range of healthcare services, including hospitals, outpatient surgery centers, oncology centers, cardiology clinics, and rehabilitation centers. Today, the company operates in 11 countries, including Australia, the UK, France, Sweden, Denmark, Indonesia, Maldives, Malaysia, Hong Kong, Italy, and Norway. In the UK, Ramsay Health Care Ltd is the largest independent healthcare provider and operates 37 hospitals and 10 outpatient surgery centers. The various divisions of Ramsay Health Care Ltd include emergency care, surgery, diagnostics, oncology, cardiology, rehabilitation, fertility treatments, psychiatric services, and more. The company aims to ensure that all patients, regardless of their health needs and requirements, receive the best possible care. One of the key strengths of Ramsay Health Care Ltd is its ability to leverage innovation and technology to provide the best care to its patients. With a strong presence in the UK and a growing presence in other countries, the company invests in state-of-the-art medical equipment and continuously improves its capabilities. Ramsay Health Care Ltd also offers a variety of products, including eye, dental, joint, and hair transplants, as well as beauty and wellness treatments, to help customers lead a healthy and active life. An example of this is the Ramsay Health Care Plus program, tailored to health-conscious individuals, which provides a flexible, customized service tailored to individual needs. In summary, Ramsay Health Care Ltd is a leading healthcare company that focuses on delivering high-quality medical services. With a strong presence in Europe, Asia, and Australia, the company has been consistently expanding its business in recent years and continues to prioritize innovation and technology to satisfy its customers. The company offers a wide range of healthcare services to meet the needs of its customers and takes pride in playing an important role in the lives of the people it serves. Ramsay Health Care ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ramsay Health Care's P/E Ratio

The Price to Earnings (P/E) Ratio of Ramsay Health Care 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 Ramsay Health Care'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 Ramsay Health Care 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 Ramsay Health Care’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 Ramsay Health Care Stock

What is the price-to-earnings ratio of Ramsay Health Care?

The price-earnings ratio of Ramsay Health Care is currently 34.24.

How has the price-earnings ratio of Ramsay Health Care changed compared to last year?

The price-to-earnings ratio of Ramsay Health Care has increased by -26.05% 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 Ramsay Health Care high compared to other companies?

Yes, the price-to-earnings ratio of Ramsay Health Care is high compared to other companies.

How does an increase in the price-earnings ratio of Ramsay Health Care affect the company?

An increase in the price-earnings ratio of Ramsay Health Care 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 Ramsay Health Care affect the company?

A decrease in the price-earnings ratio of Ramsay Health Care 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 Ramsay Health Care?

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

How much dividend does Ramsay Health Care pay?

Over the past 12 months, Ramsay Health Care paid a dividend of 1.07 AUD . This corresponds to a dividend yield of about 2.18 %. For the coming 12 months, Ramsay Health Care is expected to pay a dividend of 1.06 AUD.

What is the dividend yield of Ramsay Health Care?

The current dividend yield of Ramsay Health Care is 2.18 %.

When does Ramsay Health Care pay dividends?

Ramsay Health Care pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Ramsay Health Care?

Ramsay Health Care paid dividends every year for the past 25 years.

What is the dividend of Ramsay Health Care?

For the upcoming 12 months, dividends amounting to 1.06 AUD are expected. This corresponds to a dividend yield of 2.16 %.

In which sector is Ramsay Health Care located?

Ramsay Health Care is assigned to the 'Health' sector.

Wann musste ich die Aktien von Ramsay Health Care kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ramsay Health Care from 4/5/2024 amounting to 0.571 AUD, you needed to have the stock in your portfolio before the ex-date on 3/11/2024.

When did Ramsay Health Care pay the last dividend?

The last dividend was paid out on 4/5/2024.

What was the dividend of Ramsay Health Care in the year 2023?

In the year 2023, Ramsay Health Care distributed 1.386 AUD as dividends.

In which currency does Ramsay Health Care pay out the dividend?

The dividends of Ramsay Health Care are distributed in AUD.

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Andere Kennzahlen von Ramsay Health Care

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