Sumitomo Chemical Co P/E 2024

Sumitomo Chemical Co P/E

-2.26

Sumitomo Chemical Co Dividend yield

3.55 %

Ticker

4005.T

ISIN

JP3401400001

WKN

853490

As of May 13, 2024, Sumitomo Chemical Co's P/E ratio was -2.26, a -102.32% change from the 97.6 P/E ratio recorded in the previous year.

The Sumitomo Chemical Co P/E history

Sumitomo Chemical Co Aktienanalyse

What does Sumitomo Chemical Co do?

Sumitomo Chemical Co Ltd is a company specialized in the development, manufacturing, and sales of chemical products for various industries. It was founded in Japan in 1913 and has its headquarters in Tokyo. The history of Sumitomo Chemical begins with the establishment of the Sumitomo Group in 1615, which over the centuries became one of Japan's leading industrial conglomerates. In 1913, the Sumitomo brothers founded Sumitomo Chemical Co Ltd to meet the demand for chemical products for their other business areas. Over time, Sumitomo Chemical has expanded its business and diversified its product portfolio. Its key business areas include agrochemicals, household and personal care products, resins and plastics, as well as electronic materials and health products. In the agrochemical sector, Sumitomo Chemical is a global leader, offering a wide range of insecticides, herbicides, and fungicides. These products are used in agriculture to protect crops from pests and diseases, ensuring global food supply. In the household and personal care products sector, Sumitomo Chemical offers a variety of products including detergents, cleaners, insect repellents, and many others. These products are widely available in many countries worldwide and are popular due to their high quality and effectiveness. The resins and plastics division produces a wide range of products, including polypropylene, polyethylene, and other plastics used in the automotive and electronics industries, among others. Sumitomo Chemical is one of the world's leading plastic manufacturers and works closely with customers to provide customized solutions. In the electronic materials sector, Sumitomo Chemical develops materials for the semiconductor industry used in the production of chips and other electronic components. These materials are crucial for the development of increasingly powerful electronic devices and systems. In addition to these business areas, Sumitomo Chemical is also engaged in the development of health products, including medicines and medical devices. The company operates several subsidiaries specializing in the development of pharmaceuticals and medical devices. Overall, Sumitomo Chemical's activities are focused on a variety of industries and markets. The company has production facilities in many countries worldwide and works closely with customers to develop tailored solutions that meet their specific needs. Innovation and sustainability are important values for Sumitomo Chemical. The company invests heavily in research and development to create innovative products and technologies that meet the needs of its customers and contribute to improving quality of life. At the same time, the company actively promotes sustainability and strives to minimize its environmental impact and responsibly manage its resources. In summary, Sumitomo Chemical is an innovative and diversified company whose activities are oriented towards a wide range of industries and markets. With a strong focus on research and development and sustainability, the company is well-positioned to continue growing and meeting the needs of its customers. Sumitomo Chemical Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sumitomo Chemical Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Sumitomo Chemical Co 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 Sumitomo Chemical Co'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 Sumitomo Chemical Co 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 Sumitomo Chemical Co’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 Sumitomo Chemical Co Stock

What is the price-to-earnings ratio of Sumitomo Chemical Co?

The price-earnings ratio of Sumitomo Chemical Co is currently -2.26.

How has the price-earnings ratio of Sumitomo Chemical Co changed compared to last year?

The price-to-earnings ratio of Sumitomo Chemical Co has increased by -102.32% 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 Sumitomo Chemical Co high compared to other companies?

Yes, the price-to-earnings ratio of Sumitomo Chemical Co is high compared to other companies.

How does an increase in the price-earnings ratio of Sumitomo Chemical Co affect the company?

An increase in the price-earnings ratio of Sumitomo Chemical Co 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 Sumitomo Chemical Co affect the company?

A decrease in the price-earnings ratio of Sumitomo Chemical Co 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 Sumitomo Chemical Co?

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

How much dividend does Sumitomo Chemical Co pay?

Over the past 12 months, Sumitomo Chemical Co paid a dividend of 12 JPY . This corresponds to a dividend yield of about 3.55 %. For the coming 12 months, Sumitomo Chemical Co is expected to pay a dividend of 12.92 JPY.

What is the dividend yield of Sumitomo Chemical Co?

The current dividend yield of Sumitomo Chemical Co is 3.55 %.

When does Sumitomo Chemical Co pay dividends?

Sumitomo Chemical Co pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Sumitomo Chemical Co?

Sumitomo Chemical Co paid dividends every year for the past 24 years.

What is the dividend of Sumitomo Chemical Co?

For the upcoming 12 months, dividends amounting to 12.92 JPY are expected. This corresponds to a dividend yield of 3.82 %.

In which sector is Sumitomo Chemical Co located?

Sumitomo Chemical Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Sumitomo Chemical Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sumitomo Chemical Co from 12/1/2024 amounting to 3 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Sumitomo Chemical Co pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Sumitomo Chemical Co in the year 2023?

In the year 2023, Sumitomo Chemical Co distributed 26 JPY as dividends.

In which currency does Sumitomo Chemical Co pay out the dividend?

The dividends of Sumitomo Chemical Co are distributed in JPY.

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Andere Kennzahlen von Sumitomo Chemical Co

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