Wesfarmers Stock

Wesfarmers P/E 2024

Wesfarmers P/E

28.48

Ticker

WES.AX

ISIN

AU000000WES1

WKN

876755

As of Aug 1, 2024, Wesfarmers's P/E ratio was 28.48, a 29.04% change from the 22.07 P/E ratio recorded in the previous year.

The Wesfarmers P/E history

Wesfarmers Aktienanalyse

What does Wesfarmers do?

Wesfarmers is an Australian conglomerate and one of the country's largest publicly traded companies. It was founded in 1914 as an agricultural cooperative in Western Australia and has since expanded and diversified its business, operating in numerous industries. Wesfarmers' business model is based on a long-term perspective, combining organic growth with strategic acquisitions. The company aims to invest in industries where it can achieve a strong market position and relies on a decentralized corporate structure, allowing its various business units to operate largely independently. Wesfarmers is divided into several divisions, with its largest being the retail division, which includes brands and retailers such as Bunnings Warehouse, Kmart, Target, and Officeworks. It is the largest home improvement retailer in Australia and New Zealand, and the second-largest retailer in the country. Another key division of Wesfarmers is its resources division, which operates mining and energy projects. The company is a significant producer of coal, iron ore, and LNG, and also engages in renewable energy projects. Wesfarmers is also one of the largest owners of agricultural land in Australia and operates a number of farming operations. The company is active in other industries as well, including financial services, insurance, and industrial goods. For example, its industrial goods division includes subsidiary Kleenheat, which manufactures liquefied petroleum gas heaters and appliances for residential use. Wesfarmers is also known for a range of products and brands. For instance, Bunnings Warehouse is known for its DIY and gardening products, Kmart for its affordable clothing and household goods, and Officeworks for office supplies and computer accessories. Another brand owned by Wesfarmers is Coles, one of the largest supermarkets in Australia. Overall, Wesfarmers has become one of the most influential companies in Australia over the past few decades. Its business model, based on a combination of organic growth and strategic acquisitions, has led to strong market positions in various industries. The company is also responsible for several well-known brands and products. It is expected to continue playing a significant role in the Australian economy as it continues to invest in new industries and projects. Wesfarmers ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Wesfarmers's P/E Ratio

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

What is the price-to-earnings ratio of Wesfarmers?

The price-earnings ratio of Wesfarmers is currently 28.48.

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

The price-to-earnings ratio of Wesfarmers has increased by 29.04% 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 Wesfarmers high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Wesfarmers 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 Wesfarmers?

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

How much dividend does Wesfarmers pay?

Over the past 12 months, Wesfarmers paid a dividend of 2.73 AUD . This corresponds to a dividend yield of about 3.72 %. For the coming 12 months, Wesfarmers is expected to pay a dividend of 2.32 AUD.

What is the dividend yield of Wesfarmers?

The current dividend yield of Wesfarmers is 3.72 %.

When does Wesfarmers pay dividends?

Wesfarmers pays a quarterly dividend. This is distributed in the months of September, March, September, March.

How secure is the dividend of Wesfarmers?

Wesfarmers paid dividends every year for the past 27 years.

What is the dividend of Wesfarmers?

For the upcoming 12 months, dividends amounting to 2.32 AUD are expected. This corresponds to a dividend yield of 3.16 %.

In which sector is Wesfarmers located?

Wesfarmers is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Wesfarmers from 3/27/2024 amounting to 1.3 AUD, you needed to have the stock in your portfolio before the ex-date on 2/20/2024.

When did Wesfarmers pay the last dividend?

The last dividend was paid out on 3/27/2024.

What was the dividend of Wesfarmers in the year 2023?

In the year 2023, Wesfarmers distributed 2.571 AUD as dividends.

In which currency does Wesfarmers pay out the dividend?

The dividends of Wesfarmers are distributed in AUD.

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Andere Kennzahlen von Wesfarmers

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