Weir Group Stock

Weir Group P/E 2024

Weir Group P/E

17.68

Ticker

WEIR.L

ISIN

GB0009465807

WKN

857968

As of Sep 28, 2024, Weir Group's P/E ratio was 17.68, a -8.91% change from the 19.41 P/E ratio recorded in the previous year.

The Weir Group P/E history

Weir Group Aktienanalyse

What does Weir Group do?

The Weir Group PLC is a British company that operates worldwide and specializes in the manufacturing of industrial products and services. The company was founded in 1871 by brothers George and James Weir, who started developing machinery and pumps for Glasgow's shipping industry. Over the years, Weir Group has become a leading company in industrial products, operating in four main business sectors: mining and minerals, oil and gas industry, power generation, and industrial. The mining and minerals sector focuses on manufacturing products for mining and mineral processing. One of Weir's core competencies is pumps and valves for heavy industries. These products are highly reliable and designed for the demanding conditions in heavy industries. Weir is also known for its dump trucks, which are essential for moving large quantities of material and mining raw materials. In the oil and gas sector, Weir offers a wide range of products and services for upstream, midstream, and downstream applications. This includes pressure reduction valves, particulate separators, pipelines, and more. Weir is also a major provider of drilling technology and equipment and has a leading position in the production of frac pumps. Under the power generation sector, Weir provides solutions for power plant operators. This includes pumps, valves, and turbines designed for use in power plants. Additionally, the company offers spare parts and repair services for power plants. An important focus is the development of pumps and valves designed for the conditions in power plants to ensure higher efficiency and reliability. Lastly, Weir offers industrial products and services that can be used in various applications, such as the chemical industry, transportation, and other sectors. This includes pumps, valves, and other flow products specifically designed for the requirements of these industries. Weir Group has a reputation for high quality and reliability, offering its customers a wide range of products and services to meet the needs of infrastructure and equipment in various industries. The company operates worldwide and has representatives in several countries. With its innovative products and comprehensive range, it provides customers with what they need to operate their businesses more effectively and efficiently. Weir Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Weir Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Weir Group 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 Weir Group'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 Weir Group 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 Weir Group’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 Weir Group stock

What is the price-to-earnings ratio of Weir Group?

The price-earnings ratio of Weir Group is currently 17.68.

How has the price-earnings ratio of Weir Group changed compared to last year?

The price-to-earnings ratio of Weir Group has increased by -8.91% 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 Weir Group high compared to other companies?

Yes, the price-to-earnings ratio of Weir Group is high compared to other companies.

How does an increase in the price-earnings ratio of Weir Group affect the company?

An increase in the price-earnings ratio of Weir Group 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 Weir Group affect the company?

A decrease in the price-earnings ratio of Weir Group 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 Weir Group?

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

How much dividend does Weir Group pay?

Over the past 12 months, Weir Group paid a dividend of 0.37 GBP . This corresponds to a dividend yield of about 1.69 %. For the coming 12 months, Weir Group is expected to pay a dividend of 0.39 GBP.

What is the dividend yield of Weir Group?

The current dividend yield of Weir Group is 1.69 %.

When does Weir Group pay dividends?

Weir Group pays a quarterly dividend. This is distributed in the months of May, November, May, November.

How secure is the dividend of Weir Group?

Weir Group paid dividends every year for the past 7 years.

What is the dividend of Weir Group?

For the upcoming 12 months, dividends amounting to 0.39 GBP are expected. This corresponds to a dividend yield of 1.78 %.

In which sector is Weir Group located?

Weir Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Weir Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Weir Group from 11/1/2024 amounting to 0.179 GBP, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.

When did Weir Group pay the last dividend?

The last dividend was paid out on 11/1/2024.

What was the dividend of Weir Group in the year 2023?

In the year 2023, Weir Group distributed 0.258 GBP as dividends.

In which currency does Weir Group pay out the dividend?

The dividends of Weir Group are distributed in GBP.

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Andere Kennzahlen von Weir Group

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