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Sumitomo Chemical India Stock

Sumitomo Chemical India P/E 2024

Sumitomo Chemical India P/E

62.7

Ticker

SUMICHEM.NS

ISIN

INE258G01013

As of Nov 12, 2024, Sumitomo Chemical India's P/E ratio was 62.7, a 57.7% change from the 39.76 P/E ratio recorded in the previous year.

The Sumitomo Chemical India P/E history

Sumitomo Chemical India Aktienanalyse

What does Sumitomo Chemical India do?

Sumitomo Chemical India Ltd (SCIL) is the Indian subsidiary of the global chemical company Sumitomo Chemical Co. Ltd. based in Tokyo, Japan. The company was founded in India in 2000 and has since achieved a leading position in the Indian chemical market. SCIL operates in various business areas and offers a wide range of products and solutions for customers in different industries. Sumitomo Chemical India ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sumitomo Chemical India's P/E Ratio

The Price to Earnings (P/E) Ratio of Sumitomo Chemical India 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 India'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 India 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 India’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 India stock

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

The price-earnings ratio of Sumitomo Chemical India is currently 62.7.

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

The price-to-earnings ratio of Sumitomo Chemical India has increased by 57.7% increased 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 India high compared to other companies?

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

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

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

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

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

How much dividend does Sumitomo Chemical India pay?

Over the past 12 months, Sumitomo Chemical India paid a dividend of 5.9 INR . This corresponds to a dividend yield of about 1.1 %. For the coming 12 months, Sumitomo Chemical India is expected to pay a dividend of 7.04 INR.

What is the dividend yield of Sumitomo Chemical India?

The current dividend yield of Sumitomo Chemical India is 1.1 %.

When does Sumitomo Chemical India pay dividends?

Sumitomo Chemical India pays a quarterly dividend. This is distributed in the months of August, August, March, August.

How secure is the dividend of Sumitomo Chemical India?

Sumitomo Chemical India paid dividends every year for the past 8 years.

What is the dividend of Sumitomo Chemical India?

For the upcoming 12 months, dividends amounting to 7.04 INR are expected. This corresponds to a dividend yield of 1.32 %.

In which sector is Sumitomo Chemical India located?

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

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

To receive the latest dividend of Sumitomo Chemical India from 8/5/2024 amounting to 0.9 INR, you needed to have the stock in your portfolio before the ex-date on 7/19/2024.

When did Sumitomo Chemical India pay the last dividend?

The last dividend was paid out on 8/5/2024.

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

In the year 2023, Sumitomo Chemical India distributed 1.2 INR as dividends.

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

The dividends of Sumitomo Chemical India are distributed in INR.

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Andere Kennzahlen von Sumitomo Chemical India

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