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Somero Enterprises - Stock

Somero Enterprises P/E 2024

Somero Enterprises P/E

10.87

Ticker

SOM.L

ISIN

USU834501038

WKN

A0LGTU

As of Jun 20, 2024, Somero Enterprises's P/E ratio was 10.87, a -98.67% change from the 815.38 P/E ratio recorded in the previous year.

The Somero Enterprises P/E history

Somero Enterprises Aktienanalyse

What does Somero Enterprises do?

Somero Enterprises Inc. is a leading manufacturer of innovative equipment and machinery for the construction of flat concrete floors. The company is headquartered in Finland and operates subsidiaries in North America, Europe, and Asia. It was founded in 1985 by three experienced concrete construction professionals with the goal of utilizing the potential of modern concrete technology to revolutionize the construction of flat concrete floors. Somero Enterprises' business model is based on the development, production, and sale of cutting-edge technology, primarily used for constructing high-quality flat concrete floors in buildings and other areas such as industrial buildings, warehouses, hospitals, airports, and shopping centers. The company offers machines and tools to cover every step of flat concrete floor construction, including: - Laserscreed: An automated concrete leveling machine that applies a desired thickness and density of concrete slurry. The machine distributes a smooth, uniform layer that is excellent for constructing flat floors. - Somero Line Dragon: A machine used for laying concrete pavers on a large area. The machine is particularly suitable for laying concrete pavers on highways and airports. - Power Rake: A hand-guided concrete leveling rake ideal for working with fresh concrete. - S-940: A laser grader machine used for leveling concrete on large areas. - S-15R: A laser leveler that can precisely align the level of concrete on a large area within a few minutes. Somero Enterprises expanded in the United States by entering the NASDAQ market, which helped the company gain global recognition. The company subsequently produced several new machines tailored to the needs of customers, including the "Sky Screed" for outdoor floors and the "Mini Screed" for indoor use. The products are available in over 90 countries worldwide. With over 400 employees worldwide and a network of around 200 dealers, the company is also known for its training and service offerings for customers and distributors. Somero Enterprises has earned a high reputation for its technology and innovation in the construction industry and has won numerous awards for its products, such as the Constructech Magazine Vision Award 2014 and the Most Innovative Product Award at the World of Concrete 2013. Somero Enterprises is committed to working towards the growth of the construction industry and building technology, with continuous research and development driving new products and innovations expected in the coming years. Somero Enterprises ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Somero Enterprises's P/E Ratio

The Price to Earnings (P/E) Ratio of Somero Enterprises 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 Somero Enterprises'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 Somero Enterprises 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 Somero Enterprises’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 Somero Enterprises Stock

What is the price-to-earnings ratio of Somero Enterprises?

The price-earnings ratio of Somero Enterprises is currently 10.87.

How has the price-earnings ratio of Somero Enterprises changed compared to last year?

The price-to-earnings ratio of Somero Enterprises has increased by -98.67% 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 Somero Enterprises high compared to other companies?

Yes, the price-to-earnings ratio of Somero Enterprises is high compared to other companies.

How does an increase in the price-earnings ratio of Somero Enterprises affect the company?

An increase in the price-earnings ratio of Somero Enterprises 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 Somero Enterprises affect the company?

A decrease in the price-earnings ratio of Somero Enterprises 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 Somero Enterprises?

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

How much dividend does Somero Enterprises pay?

Over the past 12 months, Somero Enterprises paid a dividend of 0.28 USD . This corresponds to a dividend yield of about 6.33 %. For the coming 12 months, Somero Enterprises is expected to pay a dividend of 0.28 USD.

What is the dividend yield of Somero Enterprises?

The current dividend yield of Somero Enterprises is 6.33 %.

When does Somero Enterprises pay dividends?

Somero Enterprises pays a quarterly dividend. This is distributed in the months of October, May, October, May.

How secure is the dividend of Somero Enterprises?

Somero Enterprises paid dividends every year for the past 12 years.

What is the dividend of Somero Enterprises?

For the upcoming 12 months, dividends amounting to 0.28 USD are expected. This corresponds to a dividend yield of 6.33 %.

In which sector is Somero Enterprises located?

Somero Enterprises is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Somero Enterprises kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Somero Enterprises from 5/10/2024 amounting to 0.074 USD, you needed to have the stock in your portfolio before the ex-date on 4/11/2024.

When did Somero Enterprises pay the last dividend?

The last dividend was paid out on 5/10/2024.

What was the dividend of Somero Enterprises in the year 2023?

In the year 2023, Somero Enterprises distributed 0.297 USD as dividends.

In which currency does Somero Enterprises pay out the dividend?

The dividends of Somero Enterprises are distributed in USD.

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Andere Kennzahlen von Somero Enterprises

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