Solid State Stock

Solid State P/E 2024

Solid State P/E

19.66

Ticker

SOLI.L

ISIN

GB0008237132

As of Sep 8, 2024, Solid State's P/E ratio was 19.66, a 10.89% change from the 17.73 P/E ratio recorded in the previous year.

The Solid State P/E history

Solid State Aktienanalyse

What does Solid State do?

Solid State PLC is a British technology company that has been offering a wide range of products and services since its establishment in 1971. The company specializes in the development and production of electronics and IT solutions. The history of Solid State PLC dates back to the 1970s when it was founded by a group of engineers. Initially, it focused mainly on the production of electronic components and systems, but over the years, the company grew steadily and expanded its offerings. Today, Solid State PLC is a diversified company divided into a number of divisions, including electronics, IT, aerospace, and defense. Each of these divisions offers a wide range of products and services tailored to the specific needs of its customers. One of the main pillars of Solid State PLC's business operations is the production and sale of electronics and IT solutions. This includes the development of high-performance computers and tablets specifically designed for use in industrial environments. These devices are known for their robust construction and high performance, making them suitable for a variety of industries, from manufacturing to logistics to healthcare. In addition, Solid State PLC also offers a wide range of solutions for the aerospace industry. This includes display systems used in cockpits of Airbus and Boeing aircraft, as well as electronic components used in aircraft, helicopters, and satellites. Another important business area for Solid State PLC is the defense industry. The company offers a variety of products, ranging from electronic control systems to radio communication devices. These products are used by many governments and armed forces worldwide and are known for their high performance and reliability. Due to its wide range of products and extensive experience in various industries, Solid State PLC is also well positioned to enter new markets in the future. One of the company's recent initiatives is the development of solutions in the field of renewable energy and environmental technology. For example, the company has developed technology that improves the efficiency of solar cells, thereby helping to reduce the cost of photovoltaic systems. Overall, Solid State PLC is a versatile and innovative technology company with a wide range of products and experience in various industries. The company has a long history and is expected to continue to play an important role in the development of electronics and IT solutions in the future. Solid State ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Solid State's P/E Ratio

The Price to Earnings (P/E) Ratio of Solid State 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 Solid State'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 Solid State 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 Solid State’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 Solid State stock

What is the price-to-earnings ratio of Solid State?

The price-earnings ratio of Solid State is currently 19.66.

How has the price-earnings ratio of Solid State changed compared to last year?

The price-to-earnings ratio of Solid State has increased by 10.89% increased 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 Solid State high compared to other companies?

Yes, the price-to-earnings ratio of Solid State is high compared to other companies.

How does an increase in the price-earnings ratio of Solid State affect the company?

An increase in the price-earnings ratio of Solid State 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 Solid State affect the company?

A decrease in the price-earnings ratio of Solid State 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 Solid State?

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

How much dividend does Solid State pay?

Over the past 12 months, Solid State paid a dividend of 0.22 GBP . This corresponds to a dividend yield of about 1.66 %. For the coming 12 months, Solid State is expected to pay a dividend of 0.22 GBP.

What is the dividend yield of Solid State?

The current dividend yield of Solid State is 1.66 %.

When does Solid State pay dividends?

Solid State pays a quarterly dividend. This is distributed in the months of February, October, February, October.

How secure is the dividend of Solid State?

Solid State paid dividends every year for the past 22 years.

What is the dividend of Solid State?

For the upcoming 12 months, dividends amounting to 0.22 GBP are expected. This corresponds to a dividend yield of 1.73 %.

In which sector is Solid State located?

Solid State is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Solid State kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Solid State from 9/27/2024 amounting to 0.145 GBP, you needed to have the stock in your portfolio before the ex-date on 9/5/2024.

When did Solid State pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Solid State in the year 2023?

In the year 2023, Solid State distributed 0.2 GBP as dividends.

In which currency does Solid State pay out the dividend?

The dividends of Solid State are distributed in GBP.

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Andere Kennzahlen von Solid State

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