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Takasago Thermal Engineering Co Stock

Takasago Thermal Engineering Co P/E 2024

Takasago Thermal Engineering Co P/E

21.78

Ticker

1969.T

ISIN

JP3455200000

As of Sep 14, 2024, Takasago Thermal Engineering Co's P/E ratio was 21.78, a 69.76% change from the 12.83 P/E ratio recorded in the previous year.

The Takasago Thermal Engineering Co P/E history

Takasago Thermal Engineering Co Aktienanalyse

What does Takasago Thermal Engineering Co do?

Takasago Thermal Engineering Co. Ltd. is a Japanese company specializing in the construction and maintenance of industrial cooling systems and refrigeration machines. It was founded in 1949 to meet the growing demand for cooling systems in Japan's food and beverage industry. Today, Takasago is a leading company in the industry, offering a wide range of products and services suitable for various applications in different industries such as the chemical, electronics, pharmaceutical, and automotive industries. The company buys and sells cooling systems worldwide and has branches in North America, Europe, Asia, and Australia. Its main source of revenue is the sale of cooling systems, including refrigeration machines for air conditioning or industrial applications such as cooling processing areas, storage rooms, and production areas. The company also offers services for the maintenance and repair of cooling systems, as well as designing customized solutions to meet its customers' specific requirements. One division of Takasago Thermal Engineering Co. Ltd is the environmental technology sector, where a wide range of products is offered to help reduce environmental impact. This includes refrigeration systems that use the natural refrigerant CO2 to minimize environmental pollution. The company also provides adsorption and evaporation systems that contribute to cleaning wastewater and facilitating its treatment. Takasago works closely with governments, industries, universities, and other organizations to develop innovative solutions for environmental issues. Additionally, the company offers refrigeration units for medical technology. Cool and consistent temperatures are needed for storing tissues, blood products, and medications to maintain their effectiveness. The company also provides customized cooling and freezing solutions for research institutes and laboratories. Takasago's products not only provide comfort and convenience but also contribute to improving people's quality of life. For example, medical refrigerators are essential not only for research but also for hospitals and clinics to properly store medications and laboratory materials. The company is also committed to sustainability and aims to develop and implement environmentally friendly technologies. For instance, Takasago was awarded by the Japanese government for building an environmentally friendly cooling system that consumes about 30% less energy than traditional systems. The company is continuously striving to further develop its products to offer efficient and eco-friendly solutions to its customers. Overall, Takasago has an impressive history and a strong presence in the industry. Through constant innovation and adaptability to changes in the economy, the company has successfully established itself in the market. Takasago offers a wide range of products and services to meet its customers' requirements and is constantly working towards developing and implementing environmentally friendly solutions. Takasago Thermal Engineering Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Takasago Thermal Engineering Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Takasago Thermal Engineering 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 Takasago Thermal Engineering 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 Takasago Thermal Engineering 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 Takasago Thermal Engineering 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 Takasago Thermal Engineering Co stock

What is the price-to-earnings ratio of Takasago Thermal Engineering Co?

The price-earnings ratio of Takasago Thermal Engineering Co is currently 21.78.

How has the price-earnings ratio of Takasago Thermal Engineering Co changed compared to last year?

The price-to-earnings ratio of Takasago Thermal Engineering Co has increased by 69.76% 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 Takasago Thermal Engineering Co high compared to other companies?

Yes, the price-to-earnings ratio of Takasago Thermal Engineering Co is high compared to other companies.

How does an increase in the price-earnings ratio of Takasago Thermal Engineering Co affect the company?

An increase in the price-earnings ratio of Takasago Thermal Engineering 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 Takasago Thermal Engineering Co affect the company?

A decrease in the price-earnings ratio of Takasago Thermal Engineering 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 Takasago Thermal Engineering Co?

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

How much dividend does Takasago Thermal Engineering Co pay?

Over the past 12 months, Takasago Thermal Engineering Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Takasago Thermal Engineering Co is expected to pay a dividend of 154.1 JPY.

What is the dividend yield of Takasago Thermal Engineering Co?

The current dividend yield of Takasago Thermal Engineering Co is .

When does Takasago Thermal Engineering Co pay dividends?

Takasago Thermal Engineering Co pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Takasago Thermal Engineering Co?

Takasago Thermal Engineering Co paid dividends every year for the past 23 years.

What is the dividend of Takasago Thermal Engineering Co?

For the upcoming 12 months, dividends amounting to 154.1 JPY are expected. This corresponds to a dividend yield of 3 %.

In which sector is Takasago Thermal Engineering Co located?

Takasago Thermal Engineering Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Takasago Thermal Engineering Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Takasago Thermal Engineering Co 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 Takasago Thermal Engineering Co pay the last dividend?

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

What was the dividend of Takasago Thermal Engineering Co in the year 2023?

In the year 2023, Takasago Thermal Engineering Co distributed 71 JPY as dividends.

In which currency does Takasago Thermal Engineering Co pay out the dividend?

The dividends of Takasago Thermal Engineering Co are distributed in JPY.

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Andere Kennzahlen von Takasago Thermal Engineering Co

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