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Songwon Industrial Co Stock

Songwon Industrial Co P/E 2024

Songwon Industrial Co P/E

4.58

Ticker

004430.KS

ISIN

KR7004430005

As of Nov 3, 2024, Songwon Industrial Co's P/E ratio was 4.58, a -59.82% change from the 11.4 P/E ratio recorded in the previous year.

The Songwon Industrial Co P/E history

Songwon Industrial Co Aktienanalyse

What does Songwon Industrial Co do?

Songwon Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Songwon Industrial Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Songwon Industrial Co 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 Songwon Industrial Co'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 Songwon Industrial Co 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 Songwon Industrial Co’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 Songwon Industrial Co stock

What is the price-to-earnings ratio of Songwon Industrial Co?

The price-earnings ratio of Songwon Industrial Co is currently 4.58.

How has the price-earnings ratio of Songwon Industrial Co changed compared to last year?

The price-to-earnings ratio of Songwon Industrial Co has increased by -59.82% 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 Songwon Industrial Co high compared to other companies?

Yes, the price-to-earnings ratio of Songwon Industrial Co is high compared to other companies.

How does an increase in the price-earnings ratio of Songwon Industrial Co affect the company?

An increase in the price-earnings ratio of Songwon Industrial Co 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 Songwon Industrial Co affect the company?

A decrease in the price-earnings ratio of Songwon Industrial Co 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 Songwon Industrial Co?

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

How much dividend does Songwon Industrial Co pay?

Over the past 12 months, Songwon Industrial Co paid a dividend of 250 KRW . This corresponds to a dividend yield of about 1.9 %. For the coming 12 months, Songwon Industrial Co is expected to pay a dividend of 294.13 KRW.

What is the dividend yield of Songwon Industrial Co?

The current dividend yield of Songwon Industrial Co is 1.9 %.

When does Songwon Industrial Co pay dividends?

Songwon Industrial Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of Songwon Industrial Co?

Songwon Industrial Co paid dividends every year for the past 17 years.

What is the dividend of Songwon Industrial Co?

For the upcoming 12 months, dividends amounting to 294.13 KRW are expected. This corresponds to a dividend yield of 2.23 %.

In which sector is Songwon Industrial Co located?

Songwon Industrial Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Songwon Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Songwon Industrial Co from 5/1/2024 amounting to 250 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did Songwon Industrial Co pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of Songwon Industrial Co in the year 2023?

In the year 2023, Songwon Industrial Co distributed 500 KRW as dividends.

In which currency does Songwon Industrial Co pay out the dividend?

The dividends of Songwon Industrial Co are distributed in KRW.

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Andere Kennzahlen von Songwon Industrial Co

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