Zurn Elkay Water Solutions - Stock

Zurn Elkay Water Solutions P/E 2024

Zurn Elkay Water Solutions P/E

26.7

Zurn Elkay Water Solutions Dividend yield

0.96 %

Ticker

ZWS

ISIN

US98983L1089

WKN

A3C4XJ

As of Jun 8, 2024, Zurn Elkay Water Solutions's P/E ratio was 26.7, a -26.87% change from the 36.51 P/E ratio recorded in the previous year.

The Zurn Elkay Water Solutions P/E history

Zurn Elkay Water Solutions Aktienanalyse

What does Zurn Elkay Water Solutions do?

Zurn Elkay Water Solutions ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Zurn Elkay Water Solutions's P/E Ratio

The Price to Earnings (P/E) Ratio of Zurn Elkay Water Solutions 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 Zurn Elkay Water Solutions'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 Zurn Elkay Water Solutions 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 Zurn Elkay Water Solutions’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 Zurn Elkay Water Solutions Stock

What is the price-to-earnings ratio of Zurn Elkay Water Solutions?

The price-earnings ratio of Zurn Elkay Water Solutions is currently 26.7.

How has the price-earnings ratio of Zurn Elkay Water Solutions changed compared to last year?

The price-to-earnings ratio of Zurn Elkay Water Solutions has increased by -26.87% 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 Zurn Elkay Water Solutions high compared to other companies?

Yes, the price-to-earnings ratio of Zurn Elkay Water Solutions is high compared to other companies.

How does an increase in the price-earnings ratio of Zurn Elkay Water Solutions affect the company?

An increase in the price-earnings ratio of Zurn Elkay Water Solutions 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 Zurn Elkay Water Solutions affect the company?

A decrease in the price-earnings ratio of Zurn Elkay Water Solutions 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 Zurn Elkay Water Solutions?

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

How much dividend does Zurn Elkay Water Solutions pay?

Over the past 12 months, Zurn Elkay Water Solutions paid a dividend of 0.29 USD . This corresponds to a dividend yield of about 0.96 %. For the coming 12 months, Zurn Elkay Water Solutions is expected to pay a dividend of 0.3 USD.

What is the dividend yield of Zurn Elkay Water Solutions?

The current dividend yield of Zurn Elkay Water Solutions is 0.96 %.

When does Zurn Elkay Water Solutions pay dividends?

Zurn Elkay Water Solutions pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Zurn Elkay Water Solutions?

Zurn Elkay Water Solutions paid dividends every year for the past 8 years.

What is the dividend of Zurn Elkay Water Solutions?

For the upcoming 12 months, dividends amounting to 0.3 USD are expected. This corresponds to a dividend yield of 0.98 %.

In which sector is Zurn Elkay Water Solutions located?

Zurn Elkay Water Solutions is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Zurn Elkay Water Solutions kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zurn Elkay Water Solutions from 6/7/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.

When did Zurn Elkay Water Solutions pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Zurn Elkay Water Solutions in the year 2023?

In the year 2023, Zurn Elkay Water Solutions distributed 0.2 USD as dividends.

In which currency does Zurn Elkay Water Solutions pay out the dividend?

The dividends of Zurn Elkay Water Solutions are distributed in USD.

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Andere Kennzahlen von Zurn Elkay Water Solutions

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