What is the price-to-earnings ratio of Signify?
The price-earnings ratio of Signify is currently 8.66.
Signify P/E 2024
Signify P/E
8.66
Ticker
LIGHT.AS
ISIN
NL0011821392
WKN
A2AJ7T
As of Sep 8, 2024, Signify's P/E ratio was 8.66, a -43.25% change from the 15.26 P/E ratio recorded in the previous year.
The Signify P/E history
Signify Aktienanalyse
What does Signify do?
Signify NV is a Dutch lighting manufacturer based in Eindhoven. The company was founded in 1891 by Gerard Philips, who at that time was still producing incandescent lamps. Since then, Signify has evolved into one of the world's leading companies in lighting systems and innovative lighting solutions. Starting with a handful of employees, the company now has over 30,000 employees worldwide and is present in over 70 countries. Signify's business model is based on the development and manufacture of innovative lighting solutions for the private and public sectors. Together with its customers, Signify develops intelligent lighting systems that enable energy and cost savings, as well as improvements in the residential and working environment. The company relies on the latest LED technology, which offers high light quality, long lifespan, and low maintenance. Signify's products are divided into four main areas: lighting for retail, lighting for streets and public spaces, lighting for offices and industrial applications, and smart home lighting systems. Signify's lighting solutions range from basic LED lamps to fully interconnected intelligent lighting systems. The company also develops solutions for controlling lighting through smartphone apps and voice assistants such as Amazon Alexa, Google Home, or Apple HomeKit. In the retail lighting sector, for example, Signify offers dynamic lighting solutions that create a pleasant atmosphere while increasing sales. The lighting is individually tailored to the customer's needs and their products. The lighting for streets and public spaces includes a wide range of products and solutions for public lighting that promote low-carbon cities and improve safety and quality of life in cities and communities. In the field of lighting for offices and industrial applications, Signify offers lighting systems to improve the workplace and optimize industrial processes. These solutions help increase energy efficiency, reduce maintenance costs, and enhance comfort and productivity. Smart home lighting solutions like Philips Hue allow a new way of experiencing lighting. With the Philips Hue app and the integration of voice assistants into the lighting systems, the company offers an innovative and practical solution for the smart home. In recent years, Signify has also focused on sustainability and environmental protection. The company is committed to developing and producing energy-efficient lighting systems that reduce energy consumption and contribute to the reduction of CO2 emissions. Signify aims to be carbon neutral by 2020 and to align all products and solutions with the principles of the circular economy and sustainability by 2025. Overall, Signify is an innovative company that plays a leading role in the lighting industry. The company has a long history and has developed a wide range of products and solutions to meet the needs of its customers. With its focus on sustainability and energy efficiency, the company is also committed to the environment and the creation of a more livable future. Signify ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Signify's P/E Ratio
The Price to Earnings (P/E) Ratio of Signify 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 Signify'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 Signify 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 Signify’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 Signify stock
How has the price-earnings ratio of Signify changed compared to last year?
The price-to-earnings ratio of Signify has increased by -43.25% 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 Signify high compared to other companies?
Yes, the price-to-earnings ratio of Signify is high compared to other companies.
How does an increase in the price-earnings ratio of Signify affect the company?
An increase in the price-earnings ratio of Signify 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 Signify affect the company?
A decrease in the price-earnings ratio of Signify 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 Signify?
Some factors that influence the price-earnings ratio of Signify are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Signify pay?
Over the past 12 months, Signify paid a dividend of 1.5 EUR . This corresponds to a dividend yield of about 7.33 %. For the coming 12 months, Signify is expected to pay a dividend of 1.66 EUR.
What is the dividend yield of Signify?
The current dividend yield of Signify is 7.33 %.
When does Signify pay dividends?
Signify pays a quarterly dividend. This is distributed in the months of June, June, June, June.
How secure is the dividend of Signify?
Signify paid dividends every year for the past 8 years.
What is the dividend of Signify?
For the upcoming 12 months, dividends amounting to 1.66 EUR are expected. This corresponds to a dividend yield of 8.12 %.
In which sector is Signify located?
Signify is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Signify kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Signify from 6/3/2024 amounting to 1.55 EUR, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.
When did Signify pay the last dividend?
The last dividend was paid out on 6/3/2024.
What was the dividend of Signify in the year 2023?
In the year 2023, Signify distributed 1.45 EUR as dividends.
In which currency does Signify pay out the dividend?
The dividends of Signify are distributed in EUR.
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Andere Kennzahlen von Signify
Our stock analysis for Signify 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 Signify Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
