Tokyo Gas Co Stock

Tokyo Gas Co P/E 2024

Tokyo Gas Co P/E

8.67

Ticker

9531.T

ISIN

JP3573000001

WKN

855664

As of Sep 30, 2024, Tokyo Gas Co's P/E ratio was 8.67, a 85.65% change from the 4.67 P/E ratio recorded in the previous year.

The Tokyo Gas Co P/E history

Tokyo Gas Co Aktienanalyse

What does Tokyo Gas Co do?

Tokyo Gas Co Ltd is a leading energy provider based in Tokyo, Japan. Founded in 1885 as Fuji Gas Co Ltd, the company initially delivered city gas to the Tokyo region. Since then, the company has continuously evolved and is now one of the largest gas suppliers in Japan. Tokyo Gas' business model is focused on adapting to changes in the energy market and developing innovative solutions for CO2 reduction. The company relies on a variety of energy sources, including natural gas as the main source, as well as renewable energy sources such as solar power, hydropower, and biomass. In addition to supplying gas to residential and business customers, Tokyo Gas also offers a wide range of services. The company is divided into several business divisions, including energy sales, maintenance of energy systems, development of energy efficiency technologies, and construction of power generation facilities. The energy sales division of Tokyo Gas includes several products. Key products include Tabisuru Gas, a gas product specifically designed for tourism and travelers, and Tokyo Gas Premium Gas, used by Tokyo Gas household appliances such as heating systems and water heaters. Tokyo Gas also offers many products tailored to the specific needs of businesses. The company provides various solutions for the industry to help companies save more energy and improve efficiency. An example is waste heat utilization technology, which utilizes the waste heat from industrial facilities to reduce energy costs and CO2 emissions. In recent years, Tokyo Gas has expanded its business into the renewable energy sector and has been involved in the development of solar and wind power generation facilities. The company has also invested in various start-ups specializing in renewable energy and offers innovative services such as the utilization of excess energy from renewable sources. Tokyo Gas is also committed to increasing energy efficiency in businesses and households. The company has developed various products to reduce energy demand and improve energy efficiency. An example of this is smart meters, a technology that automatically captures energy consumption data and sends it to customer reports on mobile devices. In summary, Tokyo Gas is a leading energy provider that offers a wide range of products and services tailored to the specific needs of residential customers, businesses, and the industry. The company relies on efficient energy sources such as natural gas and renewable energy sources such as solar and wind power to ensure sustainable energy supply. In the future, Tokyo Gas plans to strengthen its position in the renewable energy and energy storage technology market to continue offering innovative energy solutions. Tokyo Gas Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tokyo Gas Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Tokyo Gas 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 Tokyo Gas 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 Tokyo Gas 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 Tokyo Gas 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 Tokyo Gas Co stock

What is the price-to-earnings ratio of Tokyo Gas Co?

The price-earnings ratio of Tokyo Gas Co is currently 8.67.

How has the price-earnings ratio of Tokyo Gas Co changed compared to last year?

The price-to-earnings ratio of Tokyo Gas Co has increased by 85.65% 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 Tokyo Gas Co high compared to other companies?

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

How does an increase in the price-earnings ratio of Tokyo Gas Co affect the company?

An increase in the price-earnings ratio of Tokyo Gas 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 Tokyo Gas Co affect the company?

A decrease in the price-earnings ratio of Tokyo Gas 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 Tokyo Gas Co?

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

How much dividend does Tokyo Gas Co pay?

Over the past 12 months, Tokyo Gas Co paid a dividend of 72.5 JPY . This corresponds to a dividend yield of about 2.11 %. For the coming 12 months, Tokyo Gas Co is expected to pay a dividend of 75.75 JPY.

What is the dividend yield of Tokyo Gas Co?

The current dividend yield of Tokyo Gas Co is 2.11 %.

When does Tokyo Gas Co pay dividends?

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

How secure is the dividend of Tokyo Gas Co?

Tokyo Gas Co paid dividends every year for the past 23 years.

What is the dividend of Tokyo Gas Co?

For the upcoming 12 months, dividends amounting to 75.75 JPY are expected. This corresponds to a dividend yield of 2.21 %.

In which sector is Tokyo Gas Co located?

Tokyo Gas Co is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Tokyo Gas Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tokyo Gas 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 Tokyo Gas Co pay the last dividend?

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

What was the dividend of Tokyo Gas Co in the year 2023?

In the year 2023, Tokyo Gas Co distributed 65 JPY as dividends.

In which currency does Tokyo Gas Co pay out the dividend?

The dividends of Tokyo Gas Co are distributed in JPY.

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 Tokyo Gas Co

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