Tokyo Steel Manufacturing Co P/E 2024

Tokyo Steel Manufacturing Co P/E

6.36

Tokyo Steel Manufacturing Co Dividend yield

3.1 %

Ticker

5423.T

ISIN

JP3579800008

WKN

864643

As of May 25, 2024, Tokyo Steel Manufacturing Co's P/E ratio was 6.36, a 26.95% change from the 5.01 P/E ratio recorded in the previous year.

The Tokyo Steel Manufacturing Co P/E history

Tokyo Steel Manufacturing Co Aktienanalyse

What does Tokyo Steel Manufacturing Co do?

Tokyo Steel Manufacturing Co Ltd is a Japanese company specializing in the production of steel products. The company was founded in 1949 and has a long history in the steel industry. It is known for its high-quality steel products used in various industries, including specialized divisions for different areas. These include the production of non-ferrous metal alloys, stainless steel products, and products for the electronics industry. Tokyo Steel Manufacturing prioritizes quality, using advanced production technologies and striving for environmental sustainability. It exports its products worldwide and has subsidiaries in different parts of the world. Overall, Tokyo Steel Manufacturing is a leading company in the steel industry, known for its quality products and environmentally friendly production processes. Tokyo Steel Manufacturing Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tokyo Steel Manufacturing Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Tokyo Steel Manufacturing 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 Steel Manufacturing 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 Steel Manufacturing 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 Steel Manufacturing 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 Steel Manufacturing Co Stock

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

The price-earnings ratio of Tokyo Steel Manufacturing Co is currently 6.36.

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

The price-to-earnings ratio of Tokyo Steel Manufacturing Co has increased by 26.95% 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 Steel Manufacturing Co high compared to other companies?

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

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

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

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

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

How much dividend does Tokyo Steel Manufacturing Co pay?

Over the past 12 months, Tokyo Steel Manufacturing Co paid a dividend of 50 JPY . This corresponds to a dividend yield of about 3.1 %. For the coming 12 months, Tokyo Steel Manufacturing Co is expected to pay a dividend of 58.1 JPY.

What is the dividend yield of Tokyo Steel Manufacturing Co?

The current dividend yield of Tokyo Steel Manufacturing Co is 3.1 %.

When does Tokyo Steel Manufacturing Co pay dividends?

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

How secure is the dividend of Tokyo Steel Manufacturing Co?

Tokyo Steel Manufacturing Co paid dividends every year for the past 14 years.

What is the dividend of Tokyo Steel Manufacturing Co?

For the upcoming 12 months, dividends amounting to 58.1 JPY are expected. This corresponds to a dividend yield of 3.6 %.

In which sector is Tokyo Steel Manufacturing Co located?

Tokyo Steel Manufacturing Co is assigned to the 'Commodities' sector.

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

To receive the latest dividend of Tokyo Steel Manufacturing Co from 12/1/2024 amounting to 25 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Tokyo Steel Manufacturing Co pay the last dividend?

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

What was the dividend of Tokyo Steel Manufacturing Co in the year 2023?

In the year 2023, Tokyo Steel Manufacturing Co distributed 45 JPY as dividends.

In which currency does Tokyo Steel Manufacturing Co pay out the dividend?

The dividends of Tokyo Steel Manufacturing Co are distributed in JPY.

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Andere Kennzahlen von Tokyo Steel Manufacturing Co

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