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Sumitomo Rubber Industries Stock

Sumitomo Rubber Industries P/E 2024

Sumitomo Rubber Industries P/E

10.99

Ticker

5110.T

ISIN

JP3404200002

WKN

868271

As of Sep 16, 2024, Sumitomo Rubber Industries's P/E ratio was 10.99, a 26.91% change from the 8.66 P/E ratio recorded in the previous year.

The Sumitomo Rubber Industries P/E history

Sumitomo Rubber Industries Aktienanalyse

What does Sumitomo Rubber Industries do?

Sumitomo Rubber Industries Ltd. is a company specialized in the manufacturing and selling of tires. It was founded in Japan in 1909 and is headquartered in Kobe. The company started as a producer of bicycle tires and later expanded to the manufacturing of car tires. Over the years, Sumitomo Rubber Industries Ltd. has grown into a globally leading manufacturer of tires and rubber products. The business model of Sumitomo Rubber Industries Ltd. is focused on the production of tires and rubber products. The company manufactures a wide range of products, including car tires, motorcycle tires, bicycle tires, truck tires, and aircraft tires. The company distributes its products under various brands such as Dunlop, Falken, Ohtsu, and Sumitomo. Among its various divisions, the Automotive division is the largest division of the company. It specializes in the production of tires for passenger cars, SUVs, and trucks. The company's motorcycle tire division also has a strong presence in the market. The company's bicycle tire division manufactures tires for everything from mountain bikes to racing bikes. A relatively new division of the company is the Aerospace division, which specializes in the production of aircraft tires. This division is a key supplier to many major aircraft manufacturers worldwide. Sumitomo Rubber Industries Ltd. is known for its innovative products and technologies. The company has received many awards in recent years for the innovative nature of its products. One example is the Dunlop Sport Maxx RT 2, a tire specifically designed for sports drivers that has been praised worldwide for its excellent performance. Sumitomo Rubber Industries Ltd. also has a strong focus on sustainability. The company aims to achieve a carbon-free and resource-efficient business operation by 2050. The company invests in renewable energy and innovative technologies to achieve its sustainability goals. Overall, Sumitomo Rubber Industries Ltd. is a leading manufacturer of tires and rubber products with a wide range of products and divisions. The company has a strong focus on quality, innovation, and sustainability and is one of the largest companies of its kind globally. Sumitomo Rubber Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sumitomo Rubber Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Sumitomo Rubber 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.

Year-to-Year Comparison

Assessing Sumitomo Rubber 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.

Impact on Investments

The P/E ratio of Sumitomo Rubber 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.

Interpreting P/E Ratio Fluctuations

Fluctuations in Sumitomo Rubber 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.

Frequently Asked Questions about Sumitomo Rubber Industries stock

What is the price-to-earnings ratio of Sumitomo Rubber Industries?

The price-earnings ratio of Sumitomo Rubber Industries is currently 10.99.

How has the price-earnings ratio of Sumitomo Rubber Industries changed compared to last year?

The price-to-earnings ratio of Sumitomo Rubber Industries has increased by 26.91% 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 Rubber Industries high compared to other companies?

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

How does an increase in the price-earnings ratio of Sumitomo Rubber Industries affect the company?

An increase in the price-earnings ratio of Sumitomo Rubber Industries 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 Rubber Industries affect the company?

A decrease in the price-earnings ratio of Sumitomo Rubber Industries 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 Rubber Industries?

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

How much dividend does Sumitomo Rubber Industries pay?

Over the past 12 months, Sumitomo Rubber Industries paid a dividend of 63 JPY . This corresponds to a dividend yield of about 4.21 %. For the coming 12 months, Sumitomo Rubber Industries is expected to pay a dividend of 63.25 JPY.

What is the dividend yield of Sumitomo Rubber Industries?

The current dividend yield of Sumitomo Rubber Industries is 4.21 %.

When does Sumitomo Rubber Industries pay dividends?

Sumitomo Rubber Industries pays a quarterly dividend. This is distributed in the months of July, January, July, January.

How secure is the dividend of Sumitomo Rubber Industries?

Sumitomo Rubber Industries paid dividends every year for the past 23 years.

What is the dividend of Sumitomo Rubber Industries?

For the upcoming 12 months, dividends amounting to 63.25 JPY are expected. This corresponds to a dividend yield of 4.23 %.

In which sector is Sumitomo Rubber Industries located?

Sumitomo Rubber Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Sumitomo Rubber Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sumitomo Rubber Industries from 3/1/2025 amounting to 29 JPY, you needed to have the stock in your portfolio before the ex-date on 12/27/2024.

When did Sumitomo Rubber Industries pay the last dividend?

The last dividend was paid out on 3/1/2025.

What was the dividend of Sumitomo Rubber Industries in the year 2023?

In the year 2023, Sumitomo Rubber Industries distributed 35 JPY as dividends.

In which currency does Sumitomo Rubber Industries pay out the dividend?

The dividends of Sumitomo Rubber Industries are distributed in JPY.

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Andere Kennzahlen von Sumitomo Rubber Industries

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