Suncorp Group Stock

Suncorp Group P/E 2024

Suncorp Group P/E

15.75

Ticker

SUN.AX

ISIN

AU000000SUN6

WKN

886254

As of Sep 8, 2024, Suncorp Group's P/E ratio was 15.75, a -0.06% change from the 15.76 P/E ratio recorded in the previous year.

The Suncorp Group P/E history

Suncorp Group Aktienanalyse

What does Suncorp Group do?

Suncorp Group Ltd is an Australian company that was founded in 1902 and is headquartered in Brisbane. Originally established as the Queenslanders' Cooperative Building Society, the company has evolved over the years to become one of Australia's largest financial services providers. Suncorp's business model is focused on offering a wide range of financial services to meet the diverse needs of its customers. These include insurance, banking, wealth management, risk management, and other related services. Suncorp is divided into three main business segments: Insurance, Banking & Wealth, and Suncorp New Zealand. The Insurance segment is the largest, accounting for approximately 50% of the company's total revenue. It offers various types of insurance, including car insurance, travel insurance, life insurance, home insurance, and business insurance. The company also collaborates with other insurance companies to distribute products in the market. The Banking & Wealth segment includes retail banking, wealth management, and corporate banking. In retail banking, Suncorp offers a variety of banking services, including savings and checking accounts, loans, credit cards, and mortgage financing. The company's wealth management includes asset management and investment advice, offering a wide range of investment products such as stocks, bonds, investment funds, and structured products. Suncorp New Zealand is the smallest business segment of the company, originally operating under the name Vero Insurance. The company offers a wide range of insurance products and services, including car insurance, home insurance, and business insurance. Suncorp also provides banking services in New Zealand. Suncorp is one of the largest employers in Australia and New Zealand, with approximately 13,000 employees. The company has also focused on innovation and digitization. It has developed a mobile app as part of its e-banking services, allowing customers to access banking services through their smartphones or tablets. Additionally, Suncorp has introduced the use of chatbots to process customer inquiries in real-time and improve customer satisfaction. Overall, Suncorp Group Ltd is a leading financial services provider in Australia and New Zealand with a long history. Through its wide range of products and services and its focus on innovation and digitization, the company has maintained its position in the market and is likely to continue playing an important role in the financial sector in the future. Suncorp Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Suncorp Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Suncorp Group 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 Suncorp Group'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 Suncorp Group 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 Suncorp Group’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 Suncorp Group stock

What is the price-to-earnings ratio of Suncorp Group?

The price-earnings ratio of Suncorp Group is currently 15.75.

How has the price-earnings ratio of Suncorp Group changed compared to last year?

The price-to-earnings ratio of Suncorp Group has increased by -0.06% 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 Suncorp Group high compared to other companies?

Yes, the price-to-earnings ratio of Suncorp Group is high compared to other companies.

How does an increase in the price-earnings ratio of Suncorp Group affect the company?

An increase in the price-earnings ratio of Suncorp Group 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 Suncorp Group affect the company?

A decrease in the price-earnings ratio of Suncorp Group 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 Suncorp Group?

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

How much dividend does Suncorp Group pay?

Over the past 12 months, Suncorp Group paid a dividend of 0.86 AUD . This corresponds to a dividend yield of about 4.77 %. For the coming 12 months, Suncorp Group is expected to pay a dividend of 0.85 AUD.

What is the dividend yield of Suncorp Group?

The current dividend yield of Suncorp Group is 4.77 %.

When does Suncorp Group pay dividends?

Suncorp Group pays a quarterly dividend. This is distributed in the months of March, September, March, September.

How secure is the dividend of Suncorp Group?

Suncorp Group paid dividends every year for the past 25 years.

What is the dividend of Suncorp Group?

For the upcoming 12 months, dividends amounting to 0.85 AUD are expected. This corresponds to a dividend yield of 4.73 %.

In which sector is Suncorp Group located?

Suncorp Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Suncorp Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Suncorp Group from 9/25/2024 amounting to 0.629 AUD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Suncorp Group pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of Suncorp Group in the year 2023?

In the year 2023, Suncorp Group distributed 0.571 AUD as dividends.

In which currency does Suncorp Group pay out the dividend?

The dividends of Suncorp Group are distributed in AUD.

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 Suncorp Group

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