What is the price-to-earnings ratio of Stoneridge?
The price-earnings ratio of Stoneridge is currently 76.47.
Stoneridge P/E 2024
Stoneridge P/E
76.47
Ticker
SRI
ISIN
US86183P1021
WKN
909846
As of Sep 13, 2024, Stoneridge's P/E ratio was 76.47, a -188.22% change from the -86.68 P/E ratio recorded in the previous year.
The Stoneridge P/E history
Stoneridge Aktienanalyse
What does Stoneridge do?
Stoneridge Inc is a US-based company that has experienced ups and downs since its founding in 1965. The company focuses on the development and manufacture of systems and solutions for various sectors, including automotive, agricultural technology, and other industries. The solutions include digital instruments, controls, and systems for vehicle management, vehicle communication and telematics, and other specialized solutions. History: Stoneridge initially began manufacturing counters and clocks for automakers before transitioning to digital instruments for heavy-duty vehicles in the 1970s. During the following decade, the company also started focusing on analog instruments for automobiles. In the 1990s, the company diversified its business and increased its focus on new technologies and solutions for the automotive industry. Since the turn of the millennium, the company has taken various steps to expand further and explore new business areas. Business Model: Stoneridge's business model is designed to develop innovative solutions for the challenges faced by companies that require technologically advanced systems in their products and services. The company has multiple divisions, including control systems for trucks, chassis systems for commercial vehicles, telematics, vehicle connectivity, and other specialty solutions. The company works closely with customers from various industries to develop tailored solutions to meet their specific needs. Divisions: Stoneridge's different divisions include Automotive Electronics, Commercial Vehicle Solutions, and Sensors & Actuators. The Automotive Electronics division offers digital instruments and systems, as well as control and communication systems for vehicles. The Commercial Vehicle Solutions division provides control systems and digital instruments for heavy trucks and other commercial vehicles. The Sensors & Actuators division offers sensors and actuators for various industrial applications, including sensors for industrial automation, medical, and household appliances. Products: Some of Stoneridge's most well-known products include Smart Tachographs and digital tachometers. These systems allow transport companies and fleet operators to electronically collect and analyze data about their drivers and vehicles to enhance the efficiency and profitability of their fleets. Stoneridge's telematics solutions focus on fleet management services and offer various options to optimize the operation of vehicle fleets, including real-time monitoring of vehicle locations, fuel consumption, maintenance needs, and more. The open architectures of Stoneridge systems enable customers to activate and customize their own functions and business applications to effectively manage their operations. Conclusion: Overall, Stoneridge Inc is a well-established, diversified company with a long history in the automotive and transportation industry, as well as other industries. The company relies on innovative technologies and solutions to meet the specific needs of its customers. With a wide range of products and services divided into multiple divisions, the company is well-positioned to continue growing and expanding in the future while adapting to changing market conditions and focusing on new and emerging technologies and industries. Stoneridge ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Stoneridge's P/E Ratio
The Price to Earnings (P/E) Ratio of Stoneridge 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 Stoneridge'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 Stoneridge 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 Stoneridge’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 Stoneridge stock
How has the price-earnings ratio of Stoneridge changed compared to last year?
The price-to-earnings ratio of Stoneridge has increased by -188.22% 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 Stoneridge high compared to other companies?
Yes, the price-to-earnings ratio of Stoneridge is high compared to other companies.
How does an increase in the price-earnings ratio of Stoneridge affect the company?
An increase in the price-earnings ratio of Stoneridge 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 Stoneridge affect the company?
A decrease in the price-earnings ratio of Stoneridge 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 Stoneridge?
Some factors that influence the price-earnings ratio of Stoneridge are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Stoneridge pay?
Over the past 12 months, Stoneridge paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Stoneridge is expected to pay a dividend of 0 USD.
What is the dividend yield of Stoneridge?
The current dividend yield of Stoneridge is .
When does Stoneridge pay dividends?
Stoneridge pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Stoneridge?
Stoneridge paid dividends every year for the past 0 years.
What is the dividend of Stoneridge?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Stoneridge located?
Stoneridge is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Stoneridge kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Stoneridge from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Stoneridge pay the last dividend?
The last dividend was paid out on 9/13/2024.
What was the dividend of Stoneridge in the year 2023?
In the year 2023, Stoneridge distributed 0 USD as dividends.
In which currency does Stoneridge pay out the dividend?
The dividends of Stoneridge are distributed in USD.
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Andere Kennzahlen von Stoneridge
Our stock analysis for Stoneridge 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 Stoneridge Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
