What is the price-to-earnings ratio of Shoe Carnival?
The price-earnings ratio of Shoe Carnival is currently 14.78.
As of Nov 5, 2024, Shoe Carnival's P/E ratio was 14.78, a 197.38% change from the 4.97 P/E ratio recorded in the previous year.
The Price to Earnings (P/E) Ratio of Shoe Carnival 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.
Assessing Shoe Carnival'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.
The P/E ratio of Shoe Carnival 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.
Fluctuations in Shoe Carnival’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.
The price-earnings ratio of Shoe Carnival is currently 14.78.
The price-to-earnings ratio of Shoe Carnival has increased by 197.38% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Shoe Carnival is high compared to other companies.
An increase in the price-earnings ratio of Shoe Carnival would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Shoe Carnival would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Shoe Carnival are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Shoe Carnival paid a dividend of 0.53 USD . This corresponds to a dividend yield of about 1.54 %. For the coming 12 months, Shoe Carnival is expected to pay a dividend of 0.66 USD.
The current dividend yield of Shoe Carnival is 1.54 %.
Shoe Carnival pays a quarterly dividend. This is distributed in the months of February, May, August, November.
Shoe Carnival paid dividends every year for the past 16 years.
For the upcoming 12 months, dividends amounting to 0.66 USD are expected. This corresponds to a dividend yield of 1.94 %.
Shoe Carnival is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Shoe Carnival from 10/21/2024 amounting to 0.135 USD, you needed to have the stock in your portfolio before the ex-date on 10/7/2024.
The last dividend was paid out on 10/21/2024.
In the year 2023, Shoe Carnival distributed 0.41 USD as dividends.
The dividends of Shoe Carnival are distributed in USD.
Our stock analysis for Shoe Carnival 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 Shoe Carnival Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.