Spindex Industries Stock

Spindex Industries P/E 2024

Spindex Industries P/E

6.63

Ticker

564.SI

ISIN

SG1G32866137

As of Nov 5, 2024, Spindex Industries's P/E ratio was 6.63, a -35.88% change from the 10.34 P/E ratio recorded in the previous year.

The Spindex Industries P/E history

Spindex Industries Aktienanalyse

What does Spindex Industries do?

Spindex Industries Ltd is a Singapore-based company specializing in precision manufacturing. It was founded in 1974 to produce precision turned parts for the electronics industry. Since then, the company has experienced impressive growth and has become a leading manufacturer of precision solutions. The business model of Spindex Industries Ltd is focused on the manufacture of parts and components used in various industries. It aims to deliver high-quality and customized products to its customers, using advanced production methods and technologies to meet their requirements. The company operates two production facilities in Singapore and China and employs approximately 1,500 employees. Spindex Industries Ltd has several business segments, including automotive, aerospace, electronics, semiconductor, and medical. Each segment is tailored to specific customer needs and has extensive experience and technical know-how. In the automotive sector, the company manufactures precision parts such as crankshafts, piston pins, brake cylinders, and clutch components. In the aerospace sector, Spindex Industries Ltd produces parts for engines, landing gear, structural assemblies, hydraulic systems, and other components. In the electronics sector, the company provides precision parts for mobile phones, cameras, and other electronic devices. In the semiconductor sector, Spindex Industries Ltd manufactures components for the semiconductor industry, including precision parts for microchip manufacturing, holding tools, as well as testing and measuring equipment. In the medical sector, the company offers medical devices and components such as needles, cannulas, and cutting tools. The products of Spindex Industries Ltd are highly valued for their precision and quality. The company strives to offer high-quality solutions to its customers worldwide and has become a key player in the precision manufacturing industry. In summary, Spindex Industries Ltd is a renowned precision manufacturing company that has experienced long-term growth since its establishment in 1974. With a wide range of products in various business segments and modern manufacturing solutions, the company has become an important partner in the industry. Spindex Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Spindex Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Spindex Industries 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 Spindex Industries'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 Spindex Industries 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 Spindex Industries’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 Spindex Industries stock

What is the price-to-earnings ratio of Spindex Industries?

The price-earnings ratio of Spindex Industries is currently 6.63.

How has the price-earnings ratio of Spindex Industries changed compared to last year?

The price-to-earnings ratio of Spindex Industries has increased by -35.88% 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 Spindex Industries high compared to other companies?

Yes, the price-to-earnings ratio of Spindex Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Spindex Industries affect the company?

An increase in the price-earnings ratio of Spindex Industries 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 Spindex Industries affect the company?

A decrease in the price-earnings ratio of Spindex Industries 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 Spindex Industries?

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

How much dividend does Spindex Industries pay?

Over the past 12 months, Spindex Industries paid a dividend of 0.03 SGD . This corresponds to a dividend yield of about 2.7 %. For the coming 12 months, Spindex Industries is expected to pay a dividend of 0.03 SGD.

What is the dividend yield of Spindex Industries?

The current dividend yield of Spindex Industries is 2.7 %.

When does Spindex Industries pay dividends?

Spindex Industries pays a quarterly dividend. This is distributed in the months of December, December, December, December.

How secure is the dividend of Spindex Industries?

Spindex Industries paid dividends every year for the past 20 years.

What is the dividend of Spindex Industries?

For the upcoming 12 months, dividends amounting to 0.03 SGD are expected. This corresponds to a dividend yield of 2.7 %.

In which sector is Spindex Industries located?

Spindex Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Spindex Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Spindex Industries from 11/18/2024 amounting to 0.027 SGD, you needed to have the stock in your portfolio before the ex-date on 11/6/2024.

When did Spindex Industries pay the last dividend?

The last dividend was paid out on 11/18/2024.

What was the dividend of Spindex Industries in the year 2023?

In the year 2023, Spindex Industries distributed 0.005 SGD as dividends.

In which currency does Spindex Industries pay out the dividend?

The dividends of Spindex Industries are distributed in SGD.

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Andere Kennzahlen von Spindex Industries

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