What is the price-to-earnings ratio of Spindex Industries?
The price-earnings ratio of Spindex Industries is currently 6.63.
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 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.
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.
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.
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.
The price-earnings ratio of Spindex Industries is currently 6.63.
The price-to-earnings ratio of Spindex Industries has increased by -35.88% fallen (meaning "decreased" or "dropped") compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Spindex Industries is high compared to other companies.
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.
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.
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.
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.
The current dividend yield of Spindex Industries is 2.7 %.
Spindex Industries pays a quarterly dividend. This is distributed in the months of December, December, December, December.
Spindex Industries paid dividends every year for the past 20 years.
For the upcoming 12 months, dividends amounting to 0.03 SGD are expected. This corresponds to a dividend yield of 2.7 %.
Spindex Industries is assigned to the 'Industry' sector.
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.
The last dividend was paid out on 11/18/2024.
In the year 2023, Spindex Industries distributed 0.005 SGD as dividends.
The dividends of Spindex Industries are distributed in SGD.
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.