What is the price-to-earnings ratio of Sumitomo?
The price-earnings ratio of Sumitomo is currently 13.1.
Sumitomo P/E 2024
Sumitomo P/E
13.1
Ticker
8053.T
ISIN
JP3404600003
WKN
860364
As of Nov 14, 2024, Sumitomo's P/E ratio was 13.1, a 121.66% change from the 5.91 P/E ratio recorded in the previous year.
The Sumitomo P/E history
Sumitomo Aktienanalyse
What does Sumitomo do?
Sumitomo Corporation is one of the largest trading companies in Japan and is an important player on a global level. The company's history dates back to 1919 when Sumitomo Bank spun off its trading department and established the independent company Sumitomo Shoji Corporation. Since then, the company has continuously evolved and is now operating in more than 70 countries worldwide. Sumitomo Corporation's business model is based on the import and export of goods and services, as well as facilitating investments and financial services. The company operates a wide range of business fields and is involved in various industries such as energy, metals, chemicals, food, automotive, infrastructure, and residential properties. Subsidiaries of Sumitomo Corporation also offer specialized services such as financial services, legal advice, information technology, and logistics. Additionally, Sumitomo Corporation is also engaged in the development of technologies and products. One of Sumitomo Corporation's key business fields is the energy industry. The company is actively involved in oil and gas exploration and production and participates in numerous energy projects worldwide. Sumitomo Corporation also invests in renewable energies such as wind power and solar energy to sustainably meet the world's growing energy demand. In the metals and minerals industry, Sumitomo Corporation operates mining and processing facilities and is a significant supplier of raw materials such as copper, nickel, zinc, and aluminum. The company is also engaged in research and development of new materials and technologies. In the chemicals and plastics sector, Sumitomo Corporation is a major producer and distributor of chemicals and plastics worldwide. The company also specializes in plastics processing and manufactures products such as automotive and aircraft parts, electronic components, and packaging. In the food industry, Sumitomo Corporation is an important provider of food products such as animal products, seafood, rice, fruits, and vegetables. The company is also involved in food processing and distribution, aiming to ensure a safe and sustainable food supply for the world. Sumitomo Corporation is also active in the automotive sector, supplying parts and components for the automobile and motorcycle industry. The company is also involved in automotive financing and leasing. In the infrastructure industry, Sumitomo Corporation operates public facilities such as roads, bridges, airports, and ports. Additionally, the company is active in the telecommunications and IT industry, providing services such as network operation, system integration, and data storage. In summary, Sumitomo Corporation is a versatile trading company specializing in the management of raw materials, energy resources, and industrial goods. The company operates a wide range of business fields and acts as a facilitator of investments and financial services. Through its global presence and comprehensive business model, Sumitomo Corporation contributes significantly to the economic development of the world and sustainable living. Sumitomo ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Sumitomo's P/E Ratio
The Price to Earnings (P/E) Ratio of Sumitomo 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'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 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’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 stock
How has the price-earnings ratio of Sumitomo changed compared to last year?
The price-to-earnings ratio of Sumitomo has increased by 121.66% 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 high compared to other companies?
Yes, the price-to-earnings ratio of Sumitomo is high compared to other companies.
How does an increase in the price-earnings ratio of Sumitomo affect the company?
An increase in the price-earnings ratio of Sumitomo 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 affect the company?
A decrease in the price-earnings ratio of Sumitomo 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?
Some factors that influence the price-earnings ratio of Sumitomo are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Sumitomo pay?
Over the past 12 months, Sumitomo paid a dividend of 127.5 JPY . This corresponds to a dividend yield of about 3.94 %. For the coming 12 months, Sumitomo is expected to pay a dividend of 139.13 JPY.
What is the dividend yield of Sumitomo?
The current dividend yield of Sumitomo is 3.94 %.
When does Sumitomo pay dividends?
Sumitomo pays a quarterly dividend. This is distributed in the months of October, April, October, April.
How secure is the dividend of Sumitomo?
Sumitomo paid dividends every year for the past 23 years.
What is the dividend of Sumitomo?
For the upcoming 12 months, dividends amounting to 139.13 JPY are expected. This corresponds to a dividend yield of 4.29 %.
In which sector is Sumitomo located?
Sumitomo is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Sumitomo kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Sumitomo from 12/1/2024 amounting to 65 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.
When did Sumitomo pay the last dividend?
The last dividend was paid out on 12/1/2024.
What was the dividend of Sumitomo in the year 2023?
In the year 2023, Sumitomo distributed 120 JPY as dividends.
In which currency does Sumitomo pay out the dividend?
The dividends of Sumitomo are distributed in JPY.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Sumitomo
Our stock analysis for Sumitomo 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
