Southern Cross Media Group Stock

Southern Cross Media Group P/E 2024

Southern Cross Media Group P/E

13.17

Ticker

SXL.AX

ISIN

AU000000SXL4

WKN

A0PEF6

As of Jul 31, 2024, Southern Cross Media Group's P/E ratio was 13.17, a 37.62% change from the 9.57 P/E ratio recorded in the previous year.

The Southern Cross Media Group P/E history

Southern Cross Media Group Aktienanalyse

What does Southern Cross Media Group do?

Southern Cross Media Group Ltd is an Australian company that was formed in 2011 through the merger of two media companies: Southern Cross Broadcasting and Austereo Group. The company is listed on the Australian stock exchange and employs approximately 1700 employees. It focuses on providing entertainment and information content for the Australian audience, particularly in the areas of radio, television, and outdoor advertising. The company operates over 80 radio stations, including well-known brands such as "Triple M" and "Hit Network", as well as regional television stations under the "Seven Network" brand. It also operates a significant outdoor advertising business with about 5000 billboards and digital media across Australia. In addition to its core areas, the company offers online streaming platforms, music apps, and marketing solutions for corporate clients. It is considered a major player in the Australian media landscape but has also faced controversies surrounding the content of radio shows and the political alignment of TV stations. Overall, it is a versatile company that has demonstrated its ability to adapt to changing audience and advertising demands. Southern Cross Media Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Southern Cross Media Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Southern Cross Media Group 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 Southern Cross Media Group'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 Southern Cross Media Group 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 Southern Cross Media Group’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 Southern Cross Media Group stock

What is the price-to-earnings ratio of Southern Cross Media Group?

The price-earnings ratio of Southern Cross Media Group is currently 13.17.

How has the price-earnings ratio of Southern Cross Media Group changed compared to last year?

The price-to-earnings ratio of Southern Cross Media Group has increased by 37.62% 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 Southern Cross Media Group high compared to other companies?

Yes, the price-to-earnings ratio of Southern Cross Media Group is high compared to other companies.

How does an increase in the price-earnings ratio of Southern Cross Media Group affect the company?

An increase in the price-earnings ratio of Southern Cross Media Group 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 Southern Cross Media Group affect the company?

A decrease in the price-earnings ratio of Southern Cross Media Group 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 Southern Cross Media Group?

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

How much dividend does Southern Cross Media Group pay?

Over the past 12 months, Southern Cross Media Group paid a dividend of 0.1 AUD . This corresponds to a dividend yield of about 14.83 %. For the coming 12 months, Southern Cross Media Group is expected to pay a dividend of 8.06 AUD.

What is the dividend yield of Southern Cross Media Group?

The current dividend yield of Southern Cross Media Group is 14.83 %.

When does Southern Cross Media Group pay dividends?

Southern Cross Media Group pays a quarterly dividend. This is distributed in the months of October, May, October, May.

How secure is the dividend of Southern Cross Media Group?

Southern Cross Media Group paid dividends every year for the past 8 years.

What is the dividend of Southern Cross Media Group?

For the upcoming 12 months, dividends amounting to 8.06 AUD are expected. This corresponds to a dividend yield of 1,230.14 %.

In which sector is Southern Cross Media Group located?

Southern Cross Media Group is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Southern Cross Media Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Southern Cross Media Group from 4/12/2024 amounting to 0.014 AUD, you needed to have the stock in your portfolio before the ex-date on 3/14/2024.

When did Southern Cross Media Group pay the last dividend?

The last dividend was paid out on 4/12/2024.

What was the dividend of Southern Cross Media Group in the year 2023?

In the year 2023, Southern Cross Media Group distributed 0.132 AUD as dividends.

In which currency does Southern Cross Media Group pay out the dividend?

The dividends of Southern Cross Media Group are distributed in AUD.

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Andere Kennzahlen von Southern Cross Media Group

Our stock analysis for Southern Cross Media Group 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 Southern Cross Media Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.