RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Ritchie Bros. Auctioneers Stock

Ritchie Bros. Auctioneers P/E 2024

Ritchie Bros. Auctioneers P/E

19.29

Ticker

RBA.TO

ISIN

CA7677441056

WKN

912785

As of Dec 16, 2024, Ritchie Bros. Auctioneers's P/E ratio was 19.29, a -62.04% change from the 50.82 P/E ratio recorded in the previous year.

The Ritchie Bros. Auctioneers P/E history

Ritchie Bros. Auctioneers Aktienanalyse

What does Ritchie Bros. Auctioneers do?

Ritchie Bros. Auctioneers is a company that was founded in 1958 by David Ritchie. Since its inception, it has become one of the world's leading auction companies in the industry. The company is known for its live auctions of used and unused equipment and vehicles. The original business model of Ritchie Bros. was simple but effective. The company regularly organized auctions to sell used vehicles and equipment to companies and private buyers. The company now operates with a network of branches and auction centers around the world. Ritchie Bros. has 40 locations in 15 countries on six continents. The company offers three main divisions: the sale of equipment through auctions, EquipmentOne (an online platform for buying and selling used machinery and equipment), and IronPlanet (an online platform for buying and selling used vehicles and other equipment). Each of these divisions targets a specific audience and offers different sales methods and channels. Ritchie Bros.' auction services are tailored to various industries and sectors such as construction, transportation, forestry, mining, oil and gas, agriculture, and many others. Products sold at auctions include excavators, bulldozers, cranes, trucks and trailers of all kinds, agricultural equipment such as tractors, harvesters, and livestock trailers, forklifts, and many other machines. EquipmentOne is an online platform where used machinery and equipment are offered for sale. Here, companies and private buyers can easily and conveniently find and purchase various products at affordable prices. IronPlanet is another online platform specializing in the buying and selling of used vehicles and other equipment. Here, companies and private buyers can offer their used vehicles or other assets for sale. Over the years, the company has utilized many innovations to further improve its services and products. In 2009, Ritchie Bros. introduced a live online bidding channel that allows buyers to participate in auctions remotely. This gives buyers the opportunity to see the auction in real-time and bid on their equipment without needing to be physically present. Ritchie Bros. has grown into a company that offers its services and products worldwide. It connects buyers and sellers of used machinery and equipment, providing them with a quick and easy way to offer or purchase their products. The company also provides its customers with a high standard of customer support and service to ensure that their needs are met. Ritchie Bros. Auctioneers ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ritchie Bros. Auctioneers's P/E Ratio

The Price to Earnings (P/E) Ratio of Ritchie Bros. Auctioneers 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 Ritchie Bros. Auctioneers'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 Ritchie Bros. Auctioneers 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 Ritchie Bros. Auctioneers’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 Ritchie Bros. Auctioneers stock

What is the price-to-earnings ratio of Ritchie Bros. Auctioneers?

The price-earnings ratio of Ritchie Bros. Auctioneers is currently 19.29.

How has the price-earnings ratio of Ritchie Bros. Auctioneers changed compared to last year?

The price-to-earnings ratio of Ritchie Bros. Auctioneers has increased by -62.04% 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 Ritchie Bros. Auctioneers high compared to other companies?

Yes, the price-to-earnings ratio of Ritchie Bros. Auctioneers is high compared to other companies.

How does an increase in the price-earnings ratio of Ritchie Bros. Auctioneers affect the company?

An increase in the price-earnings ratio of Ritchie Bros. Auctioneers 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 Ritchie Bros. Auctioneers affect the company?

A decrease in the price-earnings ratio of Ritchie Bros. Auctioneers 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 Ritchie Bros. Auctioneers?

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

How much dividend does Ritchie Bros. Auctioneers pay?

Over the past 12 months, Ritchie Bros. Auctioneers paid a dividend of 2.43 USD . This corresponds to a dividend yield of about 2.56 %. For the coming 12 months, Ritchie Bros. Auctioneers is expected to pay a dividend of 2.75 USD.

What is the dividend yield of Ritchie Bros. Auctioneers?

The current dividend yield of Ritchie Bros. Auctioneers is 2.56 %.

When does Ritchie Bros. Auctioneers pay dividends?

Ritchie Bros. Auctioneers pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers paid dividends every year for the past 0 years.

What is the dividend of Ritchie Bros. Auctioneers?

For the upcoming 12 months, dividends amounting to 2.75 USD are expected. This corresponds to a dividend yield of 2.89 %.

In which sector is Ritchie Bros. Auctioneers located?

Ritchie Bros. Auctioneers is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Ritchie Bros. Auctioneers kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ritchie Bros. Auctioneers from 12/18/2024 amounting to 0.29 USD, you needed to have the stock in your portfolio before the ex-date on 11/27/2024.

When did Ritchie Bros. Auctioneers pay the last dividend?

The last dividend was paid out on 12/18/2024.

What was the dividend of Ritchie Bros. Auctioneers in the year 2023?

In the year 2023, Ritchie Bros. Auctioneers distributed 1.04 USD as dividends.

In which currency does Ritchie Bros. Auctioneers pay out the dividend?

The dividends of Ritchie Bros. Auctioneers are distributed in USD.

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Andere Kennzahlen von Ritchie Bros. Auctioneers

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