Tokai Rika Co Stock

Tokai Rika Co P/E 2024

Tokai Rika Co P/E

7.97

Ticker

6995.T

ISIN

JP3566600007

As of Sep 29, 2024, Tokai Rika Co's P/E ratio was 7.97, a -49.43% change from the 15.76 P/E ratio recorded in the previous year.

The Tokai Rika Co P/E history

Tokai Rika Co Aktienanalyse

What does Tokai Rika Co do?

Tokai Rika Co. Ltd is a Japanese company that was founded in 1948. The company is headquartered in Aichi, Japan, and operates worldwide. Tokai Rika is a leading manufacturer of electronics, automotive, safety, and automation systems. Its business model is based on developing and producing innovative technologies to make people's lives safer and more convenient. The company specializes in the development and production of safety and automation systems, electronics, and automotive components. Its portfolio includes different divisions such as Automotive, Electronics, Safety, and Industrial Machinery. The Automotive division is the largest segment of the company and offers a wide range of products including door handles, steering and ignition locks, sun visors, seats, and airbags. The Electronics division provides various electronic components used in different applications such as switches, sensors, actuators, and materials. The Safety division develops and manufactures safety systems such as airbag sets, seat belt tensioners, and other passive safety systems. The Industrial Machinery division utilizes the technologies developed in the other divisions to offer automation solutions for various production processes. Tokai Rika prioritizes research and development of new technologies. The company has received several patents and awards for its research and development activities and is committed to continuously developing new products that meet customer needs. For example, the company has developed keyless access and start systems that can be controlled through smartphones or smartwatches. In addition to its business operations, Tokai Rika has established a comprehensive environmental protection program focused on conserving the environment and improving resource efficiency in its production and operations. The company aims to minimize environmental impact by developing more resource-efficient technologies and products. It also aims to achieve carbon-neutral production and services by 2030. Overall, Tokai Rika Co Ltd is an advanced company specialized in the development of innovative technologies and products. With a focus on customer satisfaction, research and development, and environmental protection, the company is well-positioned for future success and growth. It remains an important player in the industry, demonstrating strong commitment to sustainability, innovation, and customer service. Tokai Rika Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tokai Rika Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Tokai Rika 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 Tokai Rika 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 Tokai Rika 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 Tokai Rika 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 Tokai Rika Co stock

What is the price-to-earnings ratio of Tokai Rika Co?

The price-earnings ratio of Tokai Rika Co is currently 7.97.

How has the price-earnings ratio of Tokai Rika Co changed compared to last year?

The price-to-earnings ratio of Tokai Rika Co has increased by -49.43% 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 Tokai Rika Co high compared to other companies?

Yes, the price-to-earnings ratio of Tokai Rika Co is high compared to other companies.

How does an increase in the price-earnings ratio of Tokai Rika Co affect the company?

An increase in the price-earnings ratio of Tokai Rika 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 Tokai Rika Co affect the company?

A decrease in the price-earnings ratio of Tokai Rika 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 Tokai Rika Co?

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

How much dividend does Tokai Rika Co pay?

Over the past 12 months, Tokai Rika Co paid a dividend of 40 JPY . This corresponds to a dividend yield of about 2 %. For the coming 12 months, Tokai Rika Co is expected to pay a dividend of 39.96 JPY.

What is the dividend yield of Tokai Rika Co?

The current dividend yield of Tokai Rika Co is 2 %.

When does Tokai Rika Co pay dividends?

Tokai Rika Co pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Tokai Rika Co?

Tokai Rika Co paid dividends every year for the past 23 years.

What is the dividend of Tokai Rika Co?

For the upcoming 12 months, dividends amounting to 39.96 JPY are expected. This corresponds to a dividend yield of 2 %.

In which sector is Tokai Rika Co located?

Tokai Rika Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Tokai Rika Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tokai Rika Co from 12/1/2024 amounting to 35 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Tokai Rika Co pay the last dividend?

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

What was the dividend of Tokai Rika Co in the year 2023?

In the year 2023, Tokai Rika Co distributed 70 JPY as dividends.

In which currency does Tokai Rika Co pay out the dividend?

The dividends of Tokai Rika Co are distributed in JPY.

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Andere Kennzahlen von Tokai Rika Co

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