Vitec Software Group AB (publ) - Stock

Vitec Software Group AB (publ) P/E 2024

Vitec Software Group AB (publ) P/E

53.25

Ticker

VIT B.ST

ISIN

SE0007871363

WKN

A2ACFE

As of Jun 13, 2024, Vitec Software Group AB (publ)'s P/E ratio was 53.25, a -13.1% change from the 61.28 P/E ratio recorded in the previous year.

The Vitec Software Group AB (publ) P/E history

Vitec Software Group AB (publ) Aktienanalyse

What does Vitec Software Group AB (publ) do?

The Vitec Software Group AB is a leading Scandinavian software company that specializes in providing solutions for businesses and organizations in various industries. The company was founded in 1985 and is headquartered in Uppsala, Sweden. It has become a major player in the enterprise software industry since its inception and offers a wide range of products and services to its customers. Vitec's main business model focuses on the development and implementation of enterprise software that is tailored to the specific requirements of its customers. The company offers a range of solutions, including ERP systems, CRM applications, accounting software, and other specialized software solutions. Vitec places a strong emphasis on customizing its products to meet the needs of its customers, enabling them to be best supported in achieving their goals. Vitec is divided into different business areas that offer a wide range of solutions for various industries. For example, the "Municipal" sector provides software solutions for cities and municipalities, while the "Industrial" sector focuses on the needs of companies in the manufacturing industry. The "Health" sector, on the other hand, offers specialized software solutions for healthcare facilities. Vitec's products are characterized by their high quality and user-friendliness. An example is the web-based ERP solution ProLine, which is suitable for both small and medium-sized companies as well as larger enterprises. ProLine is a fully integrated system that offers a range of functions including financial management, logistics, production, sales, and project management. Another example is the accounting software "Fortnox," which is specifically designed for small businesses. Fortnox provides a simple yet comprehensive accounting solution that helps companies manage their finances and meet their compliance requirements. In recent years, Vitec has also successfully invested in new technologies and now offers a range of solutions that support the digitalization and automation of business processes. One example is the solution "Optiqo," which was developed specifically for the cleaning industry and enables automated monitoring of cleaning processes. Last but not least, Vitec has also focused on the development of cloud-based software solutions in recent years. The company offers its customers the opportunity to host their software in the cloud, which increases scalability and flexibility and reduces IT costs. In summary, the Vitec Software Group AB is a leading Scandinavian software company specializing in providing enterprise software since 1985. The company offers a wide range of solutions tailored to the specific requirements of its customers and focuses on various industries. Vitec's products are characterized by their high quality and user-friendliness, and the company continuously invests in new technologies to successfully support its customers in the digitalization of their business processes. Vitec Software Group AB (publ) ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Vitec Software Group AB (publ)'s P/E Ratio

The Price to Earnings (P/E) Ratio of Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ)'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 Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ)’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 Vitec Software Group AB (publ) Stock

What is the price-to-earnings ratio of Vitec Software Group AB (publ)?

The price-earnings ratio of Vitec Software Group AB (publ) is currently 53.25.

How has the price-earnings ratio of Vitec Software Group AB (publ) changed compared to last year?

The price-to-earnings ratio of Vitec Software Group AB (publ) has increased by -13.1% 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 Vitec Software Group AB (publ) high compared to other companies?

Yes, the price-to-earnings ratio of Vitec Software Group AB (publ) is high compared to other companies.

How does an increase in the price-earnings ratio of Vitec Software Group AB (publ) affect the company?

An increase in the price-earnings ratio of Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ) affect the company?

A decrease in the price-earnings ratio of Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ)?

Some factors that influence the price-earnings ratio of Vitec Software Group AB (publ) are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Vitec Software Group AB (publ) pay?

Over the past 12 months, Vitec Software Group AB (publ) paid a dividend of 2.21 SEK . This corresponds to a dividend yield of about 0.39 %. For the coming 12 months, Vitec Software Group AB (publ) is expected to pay a dividend of 2.33 SEK.

What is the dividend yield of Vitec Software Group AB (publ)?

The current dividend yield of Vitec Software Group AB (publ) is 0.39 %.

When does Vitec Software Group AB (publ) pay dividends?

Vitec Software Group AB (publ) pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Vitec Software Group AB (publ)?

Vitec Software Group AB (publ) paid dividends every year for the past 0 years.

What is the dividend of Vitec Software Group AB (publ)?

For the upcoming 12 months, dividends amounting to 2.33 SEK are expected. This corresponds to a dividend yield of 0.42 %.

In which sector is Vitec Software Group AB (publ) located?

Vitec Software Group AB (publ) is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Vitec Software Group AB (publ) kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Vitec Software Group AB (publ) from 12/30/2024 amounting to 0.75 SEK, you needed to have the stock in your portfolio before the ex-date on 12/19/2024.

When did Vitec Software Group AB (publ) pay the last dividend?

The last dividend was paid out on 12/30/2024.

What was the dividend of Vitec Software Group AB (publ) in the year 2023?

In the year 2023, Vitec Software Group AB (publ) distributed 1.91 SEK as dividends.

In which currency does Vitec Software Group AB (publ) pay out the dividend?

The dividends of Vitec Software Group AB (publ) are distributed in SEK.

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Andere Kennzahlen von Vitec Software Group AB (publ)

Our stock analysis for Vitec Software Group AB (publ) 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 Vitec Software Group AB (publ) Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.