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Thai Steel Cable PCL - Stock

Thai Steel Cable PCL P/E 2024

Thai Steel Cable PCL P/E

12.31

Ticker

TSC.BK

ISIN

TH0847010004

As of Jun 16, 2024, Thai Steel Cable PCL's P/E ratio was 12.31, a -27.84% change from the 17.06 P/E ratio recorded in the previous year.

The Thai Steel Cable PCL P/E history

Thai Steel Cable PCL Aktienanalyse

What does Thai Steel Cable PCL do?

Thai Steel Cable PCL is a Thai company that has been operating in the steel and wire rope industry for over 40 years. The company was founded in 1973 and has since become one of the leading manufacturers of steel and wire ropes in the region. The company's business model is focused on delivering high-quality products that meet the needs of a variety of industries. The key sectors include construction, oil and gas, mining, agriculture, and automotive. Each product is tailored to the specific requirements of the industry and customer to ensure optimal performance. In the construction sector, Thai Steel Cable is a key partner in the construction of high-rise buildings, bridges, and other large projects. The company offers a wide range of steel ropes, wires, and tension rods that can withstand the industry's high demands. In the oil and gas industry, the company provides a range of ropes that meet the demanding requirements of the industry. This includes special gripping and deflecting ropes used in drilling or special ropes for offshore installations. In agriculture, Thai Steel Cable supplies ropes for agricultural machinery, drainage pumps, and winches. Durability plays an important role here as the equipment is often subjected to heavy loads in tough field operations. In the automotive industry, the company offers various types of ropes. These include brake, clutch, and accelerator cables, as well as cables for transmissions, clutches, and steering systems. Careful attention must be paid to the durability of these components as they are often subjected to heavy stress in tough operational conditions. Thai Steel Cable also has a subsidiary specializing in the production of galvanized steel. This subsidiary, Thai Galvanizing Co. Ltd., was established in 1991 and produces high-quality steel products that comply with the strict regulations of the automotive, construction, shipbuilding, household, and industrial sectors. The company not only specializes in manufacturing products but also invests in the automation of production to continuously improve the efficiency and quality of its products. Thai Steel Cable has state-of-the-art production facilities and trained professionals who carefully inspect each product before it leaves the factory. Overall, Thai Steel Cable PCL is a well-established company in the Thai industry and beyond. Through continuous investments and a focus on quality and customer satisfaction, the company has achieved a leading position in the industries it serves. Thai Steel Cable PCL ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Thai Steel Cable PCL's P/E Ratio

The Price to Earnings (P/E) Ratio of Thai Steel Cable PCL 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 Thai Steel Cable PCL'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 Thai Steel Cable PCL 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 Thai Steel Cable PCL’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 Thai Steel Cable PCL Stock

What is the price-to-earnings ratio of Thai Steel Cable PCL?

The price-earnings ratio of Thai Steel Cable PCL is currently 12.31.

How has the price-earnings ratio of Thai Steel Cable PCL changed compared to last year?

The price-to-earnings ratio of Thai Steel Cable PCL has increased by -27.84% 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 Thai Steel Cable PCL high compared to other companies?

Yes, the price-to-earnings ratio of Thai Steel Cable PCL is high compared to other companies.

How does an increase in the price-earnings ratio of Thai Steel Cable PCL affect the company?

An increase in the price-earnings ratio of Thai Steel Cable PCL 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 Thai Steel Cable PCL affect the company?

A decrease in the price-earnings ratio of Thai Steel Cable PCL 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 Thai Steel Cable PCL?

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

How much dividend does Thai Steel Cable PCL pay?

Over the past 12 months, Thai Steel Cable PCL paid a dividend of 1 THB . This corresponds to a dividend yield of about 6.99 %. For the coming 12 months, Thai Steel Cable PCL is expected to pay a dividend of 1 THB.

What is the dividend yield of Thai Steel Cable PCL?

The current dividend yield of Thai Steel Cable PCL is 6.99 %.

When does Thai Steel Cable PCL pay dividends?

Thai Steel Cable PCL pays a quarterly dividend. This is distributed in the months of March, June, March, June.

How secure is the dividend of Thai Steel Cable PCL?

Thai Steel Cable PCL paid dividends every year for the past 18 years.

What is the dividend of Thai Steel Cable PCL?

For the upcoming 12 months, dividends amounting to 1 THB are expected. This corresponds to a dividend yield of 6.99 %.

In which sector is Thai Steel Cable PCL located?

Thai Steel Cable PCL is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Thai Steel Cable PCL kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Thai Steel Cable PCL from 6/6/2024 amounting to 0.4 THB, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.

When did Thai Steel Cable PCL pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of Thai Steel Cable PCL in the year 2023?

In the year 2023, Thai Steel Cable PCL distributed 0.78 THB as dividends.

In which currency does Thai Steel Cable PCL pay out the dividend?

The dividends of Thai Steel Cable PCL are distributed in THB.

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Andere Kennzahlen von Thai Steel Cable PCL

Our stock analysis for Thai Steel Cable PCL 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 Thai Steel Cable PCL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.