Tassal Group Stock

Tassal Group P/E 2024

Tassal Group P/E

15.01

Ticker

TGR.AX

ISIN

AU000000TGR4

WKN

548233

As of Dec 5, 2024, Tassal Group's P/E ratio was 15.01, a 0% change from the 0 P/E ratio recorded in the previous year.

The Tassal Group P/E history

Tassal Group Aktienanalyse

What does Tassal Group do?

The Tassal Group Ltd is an Australian company specializing in the breeding and processing of salmon. The company was founded in 1986 and has become a leading company in its field. Its business model is based on the production of high-quality Atlantic salmon in breeding facilities in Tasmania and Victoria. Tassal operates in various divisions, including fresh fish production, processing of fish into smoked and pickled products, and research on reducing environmental impacts of fish farming and conservation of wild salmon and trout stocks. The company offers a wide range of fish products, including fresh salmon, smoked salmon, smoked trout, and other saltwater and freshwater fish. It distributes its products under various brand names such as Tassal, Superior Gold, and Regal. The company was founded by Mark Ryan, who started with trout farming and later expanded to salmon farming. Since its inception, Tassal has become an important employer in the region, currently employing over 1,000 staff. The company also has a strong presence in the community, regularly supporting local charities and environmental improvement programs. Overall, Tassal has become a significant player in the Australian fish and fish processing industry, known for its quality products and commitment to the environment. With the increasing demand for sustainable food, the company will continue to play a vital role in the future. Tassal Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tassal Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Tassal 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 Tassal 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 Tassal 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 Tassal 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 Tassal Group stock

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

The price-earnings ratio of Tassal Group is currently 15.01.

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

The price-to-earnings ratio of Tassal Group has increased by 0% 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 Tassal Group high compared to other companies?

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

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

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

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

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

How much dividend does Tassal Group pay?

Over the past 12 months, Tassal Group paid a dividend of 0.08 AUD . This corresponds to a dividend yield of about 1.53 %. For the coming 12 months, Tassal Group is expected to pay a dividend of 0.08 AUD.

What is the dividend yield of Tassal Group?

The current dividend yield of Tassal Group is 1.53 %.

When does Tassal Group pay dividends?

Tassal Group pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Tassal Group?

Tassal Group paid dividends every year for the past 24 years.

What is the dividend of Tassal Group?

For the upcoming 12 months, dividends amounting to 0.08 AUD are expected. This corresponds to a dividend yield of 1.58 %.

In which sector is Tassal Group located?

Tassal Group is assigned to the 'Non-cyclical consumption' sector.

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

To receive the latest dividend of Tassal Group from 3/30/2022 amounting to 0.08 AUD, you needed to have the stock in your portfolio before the ex-date on 3/14/2022.

When did Tassal Group pay the last dividend?

The last dividend was paid out on 3/30/2022.

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

In the year 2023, Tassal Group distributed 0.08 AUD as dividends.

In which currency does Tassal Group pay out the dividend?

The dividends of Tassal Group are distributed in AUD.

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Andere Kennzahlen von Tassal Group

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