Spirax-Sarco Engineering - Stock

Spirax-Sarco Engineering P/E 2024

Spirax-Sarco Engineering P/E

26.87

Ticker

SPX.L

ISIN

GB00BWFGQN14

WKN

A14Q5B

As of Jul 4, 2024, Spirax-Sarco Engineering's P/E ratio was 26.87, a -38.92% change from the 43.99 P/E ratio recorded in the previous year.

The Spirax-Sarco Engineering P/E history

Spirax-Sarco Engineering Aktienanalyse

What does Spirax-Sarco Engineering do?

Spirax-Sarco Engineering PLC is a leading company specializing in steam and process fluid distribution. It is headquartered in Cheltenham, UK and has been listed on the London Stock Exchange since 1959. The company has experienced incredible success and is now a global company with locations in over 60 countries. The history of Spirax-Sarco Engineering PLC dates back to 1888 when the Spirax brothers were founded in London. They developed an innovative steam separator to improve the performance of steam heating systems. Over the years, the company has continuously evolved and expanded. In 1937, Sarco Steam Specialties was founded, specializing in steam regulation and control innovations. In 1982, these two companies were merged to form Spirax-Sarco Engineering. Spirax-Sarco Engineering PLC has a unique business model that focuses on meeting the needs of its customers. These requirements may vary depending on the industry, geographic location, and business model of the customers. The company uses its long-standing experience and expertise to address the specific requirements of its customers, providing reliable and innovative solutions even in challenging environments. The company's diversified portfolio consists of three main business areas: 1. Steam Specialties: This division offers a wide range of products and services focusing on the effective and safe use of steam and other heating media. This includes valves, controls, heat exchange systems, and accessories for the steam and heating industry. 2. Electric Thermal Solutions: This division focuses on the development, manufacturing, and marketing of electric heating systems for industrial applications. The products of Electric Thermal Solutions include heating cables, mats, heaters, and controls for a wide range of applications. 3. Watson-Marlow Fluid Technology Group: Watson-Marlow Fluid Technology Group specializes in fluid handling and offers a wide range of products for applications in various industries. This includes hose pumps, bioprocessing systems, specialized liquid handling systems, and much more. The products of Spirax-Sarco Engineering PLC include a wide range of products and solutions specifically designed for the regulation and control of steam and other heating media. This includes valves, controls, heat exchangers, and hose pumps. In conclusion, Spirax-Sarco Engineering PLC is a leading company in steam and process fluid distribution with a 130-year history. The company has a unique business model tailored to the specific needs of its customers. With a diversified portfolio and a wide range of products, Spirax-Sarco Engineering is able to meet the needs of customers worldwide. Spirax-Sarco Engineering ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Spirax-Sarco Engineering's P/E Ratio

The Price to Earnings (P/E) Ratio of Spirax-Sarco Engineering 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 Spirax-Sarco Engineering'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 Spirax-Sarco Engineering 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 Spirax-Sarco Engineering’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 Spirax-Sarco Engineering stock

What is the price-to-earnings ratio of Spirax-Sarco Engineering?

The price-earnings ratio of Spirax-Sarco Engineering is currently 26.87.

How has the price-earnings ratio of Spirax-Sarco Engineering changed compared to last year?

The price-to-earnings ratio of Spirax-Sarco Engineering has increased by -38.92% 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 Spirax-Sarco Engineering high compared to other companies?

Yes, the price-to-earnings ratio of Spirax-Sarco Engineering is high compared to other companies.

How does an increase in the price-earnings ratio of Spirax-Sarco Engineering affect the company?

An increase in the price-earnings ratio of Spirax-Sarco Engineering 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 Spirax-Sarco Engineering affect the company?

A decrease in the price-earnings ratio of Spirax-Sarco Engineering 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 Spirax-Sarco Engineering?

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

How much dividend does Spirax-Sarco Engineering pay?

Over the past 12 months, Spirax-Sarco Engineering paid a dividend of 1.56 GBP . This corresponds to a dividend yield of about 1.81 %. For the coming 12 months, Spirax-Sarco Engineering is expected to pay a dividend of 1.72 GBP.

What is the dividend yield of Spirax-Sarco Engineering?

The current dividend yield of Spirax-Sarco Engineering is 1.81 %.

When does Spirax-Sarco Engineering pay dividends?

Spirax-Sarco Engineering pays a quarterly dividend. This is distributed in the months of November, May, November, May.

How secure is the dividend of Spirax-Sarco Engineering?

Spirax-Sarco Engineering paid dividends every year for the past 25 years.

What is the dividend of Spirax-Sarco Engineering?

For the upcoming 12 months, dividends amounting to 1.72 GBP are expected. This corresponds to a dividend yield of 2.01 %.

In which sector is Spirax-Sarco Engineering located?

Spirax-Sarco Engineering is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Spirax-Sarco Engineering kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Spirax-Sarco Engineering from 5/24/2024 amounting to 1.14 GBP, you needed to have the stock in your portfolio before the ex-date on 4/25/2024.

When did Spirax-Sarco Engineering pay the last dividend?

The last dividend was paid out on 5/24/2024.

What was the dividend of Spirax-Sarco Engineering in the year 2023?

In the year 2023, Spirax-Sarco Engineering distributed 1.4 GBP as dividends.

In which currency does Spirax-Sarco Engineering pay out the dividend?

The dividends of Spirax-Sarco Engineering are distributed in GBP.

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Andere Kennzahlen von Spirax-Sarco Engineering

Our stock analysis for Spirax-Sarco Engineering 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 Spirax-Sarco Engineering Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.