What is the price-to-earnings ratio of Torm?
The price-earnings ratio of Torm is currently 3.88.
Torm P/E 2024
Torm P/E
3.88
Ticker
TRMD A.CO
ISIN
GB00BZ3CNK81
WKN
A2AGBV
As of Aug 5, 2024, Torm's P/E ratio was 3.88, a 18.29% change from the 3.28 P/E ratio recorded in the previous year.
The Torm P/E history
Torm Aktienanalyse
What does Torm do?
Torm PLC is a global leader in tanker rentals and operations. The company was founded in Denmark in 1889 and has since built an impressive history. The company specializes in the transportation of oil and other liquids, primarily through the use of large tankers. Torm PLC offers a range of services, including tanker rentals and management, spare parts supply, and repair services. Torm PLC maintains a fleet of around 80 tankers and operates a variety of tanker types, including oil tankers, chemical tankers, and gas tankers. The company operates worldwide and has offices in Denmark, Singapore, and the USA. Torm PLC's business model is to provide tanker rentals and operations that enable effective and reliable transportation of liquids for customers. In addition, the company also offers ship management services, including ship repair and maintenance. The various divisions of Torm PLC include chartering, operations, and technology. Chartering involves renting tankers to customers, while operations involve the management of the fleet by the company. Technology refers to the use of digitized solutions and the use of data analytics and technical innovations in the shipping industry. Torm PLC offers a wide range of products and services, including tanker rentals, ship management, spare parts supply, and technical support. The company has also developed a system called TORM inSITE, which enables complete fleet monitoring. It provides customers with a secure and reliable transportation solution. The activities of Torm PLC have contributed to a change in the shipping industry. The company has taken a pioneering role in introducing modern, safe, and environmentally friendly solutions in the shipping industry. Overall, Torm PLC is a leading company in the field of tanker rentals and operations. It has earned a good reputation in the shipping industry and is known for its use of technology, efficiency, and reliability. The company is expected to continue to play an important role in the shipping industry in the future. Torm ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Torm's P/E Ratio
The Price to Earnings (P/E) Ratio of Torm 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 Torm'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 Torm 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 Torm’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 Torm stock
How has the price-earnings ratio of Torm changed compared to last year?
The price-to-earnings ratio of Torm has increased by 18.29% 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 Torm high compared to other companies?
Yes, the price-to-earnings ratio of Torm is high compared to other companies.
How does an increase in the price-earnings ratio of Torm affect the company?
An increase in the price-earnings ratio of Torm 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 Torm affect the company?
A decrease in the price-earnings ratio of Torm 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 Torm?
Some factors that influence the price-earnings ratio of Torm are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Torm pay?
Over the past 12 months, Torm paid a dividend of 7.01 USD . This corresponds to a dividend yield of about 19.33 %. For the coming 12 months, Torm is expected to pay a dividend of 8.49 USD.
What is the dividend yield of Torm?
The current dividend yield of Torm is 19.33 %.
When does Torm pay dividends?
Torm pays a quarterly dividend. This is distributed in the months of September, December, May, June.
How secure is the dividend of Torm?
Torm paid dividends every year for the past 5 years.
What is the dividend of Torm?
For the upcoming 12 months, dividends amounting to 8.49 USD are expected. This corresponds to a dividend yield of 23.43 %.
In which sector is Torm located?
Torm is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Torm kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Torm from 6/4/2024 amounting to 1.5 USD, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.
When did Torm pay the last dividend?
The last dividend was paid out on 6/4/2024.
What was the dividend of Torm in the year 2023?
In the year 2023, Torm distributed 2.04 USD as dividends.
In which currency does Torm pay out the dividend?
The dividends of Torm are distributed in USD.
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Andere Kennzahlen von Torm
Our stock analysis for Torm 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 Torm Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
