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Scentre Group Stock

Scentre Group P/E 2024

Scentre Group P/E

14.65

Ticker

SCG.AX

ISIN

AU000000SCG8

WKN

A1156H

As of Oct 3, 2024, Scentre Group's P/E ratio was 14.65, a -81.87% change from the 80.81 P/E ratio recorded in the previous year.

The Scentre Group P/E history

Scentre Group Aktienanalyse

What does Scentre Group do?

The Scentre Group is an Australian company that was founded in 2014. The company's business model focuses on the design and management of large shopping centers in Australia and New Zealand. The history of the Scentre Group, however, dates back much further. In 1959, the first shopping center opened in Australia and became known as Westfield Parramatta. Additional centers followed in the 1960s and 1970s in various parts of Australia, including Victoria, New South Wales, and Queensland. In the 1980s, the company expanded into the United States and New Zealand. In 2014, the Scentre Group was separated as a separate entity from the Westfield Corporation to focus on the creation, design, and management of shopping centers. Scentre Group now manages over 42 shopping centers in Australia and New Zealand, including some of the largest shopping centers in Australia such as Westfield Parramatta, Westfield Chermside, Pacific Fair, and Westfield Carindale. The business model of the Scentre Group is based on three pillars: development, management, and leasing of shopping centers. The company works closely with retailers to optimize the offering of products and services in the shopping centers and create a pleasant shopping experience. Scentre Group is divided into three main business areas: management, leasing, and development. The management area includes all activities related to the operation and management of shopping centers, including the management of retail offerings, restroom facilities, parking, and security services. The leasing area encompasses all activities related to the leasing of commercial spaces. The focus is on leasing spaces to retailers that provide attractive offerings for visitors to the shopping centers. Scentre Group works closely with retailers to understand their desires and requirements in order to optimize the offering of products and services in the shopping centers. The development area includes all activities related to the planning and implementation of new shopping centers as well as the expansion of existing shopping centers. The goal is to build new shopping centers or expand existing ones in attractive locations to improve the shopping experience for visitors. Scentre Group offers a wide range of products and services in its shopping centers. In addition to the usual retailers, Scentre Group offers unique offerings such as an entertainment area, dining facilities, events, and pop-up shops. There are also special areas for children and families, seniors, and disabled individuals. The shopping centers of the Scentre Group are also known for their special services. These include the Click & Collect service, which allows customers to pick up online orders at a store of their choice. There are also special services such as personal shopping and styling conducted by experienced stylists. Overall, Scentre Group has established itself as a leading company in the Australian shopping center market. The company focuses on creating unique shopping experiences for customers and is committed to sustainable growth by carefully selecting locations to strengthen local communities and environments. Scentre Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Scentre Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Scentre Group 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 Scentre Group'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 Scentre Group 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 Scentre Group’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 Scentre Group stock

What is the price-to-earnings ratio of Scentre Group?

The price-earnings ratio of Scentre Group is currently 14.65.

How has the price-earnings ratio of Scentre Group changed compared to last year?

The price-to-earnings ratio of Scentre Group has increased by -81.87% 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 Scentre Group high compared to other companies?

Yes, the price-to-earnings ratio of Scentre Group is high compared to other companies.

How does an increase in the price-earnings ratio of Scentre Group affect the company?

An increase in the price-earnings ratio of Scentre Group 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 Scentre Group affect the company?

A decrease in the price-earnings ratio of Scentre Group 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 Scentre Group?

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

How much dividend does Scentre Group pay?

Over the past 12 months, Scentre Group paid a dividend of 0.19 AUD . This corresponds to a dividend yield of about 5.22 %. For the coming 12 months, Scentre Group is expected to pay a dividend of 0.18 AUD.

What is the dividend yield of Scentre Group?

The current dividend yield of Scentre Group is 5.22 %.

When does Scentre Group pay dividends?

Scentre Group pays a quarterly dividend. This is distributed in the months of March, September, March, September.

How secure is the dividend of Scentre Group?

Scentre Group paid dividends every year for the past 16 years.

What is the dividend of Scentre Group?

For the upcoming 12 months, dividends amounting to 0.18 AUD are expected. This corresponds to a dividend yield of 5.13 %.

In which sector is Scentre Group located?

Scentre Group is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Scentre Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Scentre Group from 8/30/2024 amounting to 0.086 AUD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.

When did Scentre Group pay the last dividend?

The last dividend was paid out on 8/30/2024.

What was the dividend of Scentre Group in the year 2023?

In the year 2023, Scentre Group distributed 0.16 AUD as dividends.

In which currency does Scentre Group pay out the dividend?

The dividends of Scentre Group are distributed in AUD.

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Andere Kennzahlen von Scentre Group

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