EDAG Engineering AG P/E
What is the P/E of EDAG Engineering AG?
The P/E of EDAG Engineering Group AG is 9.27
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Consumer Discretionary sector on XETRA compared to EDAG Engineering AG
What does EDAG Engineering AG do?
EDAG Engineering Group AG engages in the development of vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries worldwide. The company operates in three segments: Vehicle Engineering, Production Solutions, and Electrics/Electronics. The Vehicle Engineering segment provides package and ergonomics, body assembly, surface design, and interior and exterior services; develops commercial vehicles, doors, covers, and lid systems, as well as head, rear, and small lamps; and new technologies and lightweight designing services. This segment also offers vehicle integration services comprising functional integration and vehicle validation services, such as testing of individual components, modules, engines, motors, transmissions, and complete vehicles; models and vehicle solutions, including a range of styling, ideation, and design services, as well as creates test vehicles, sub-assemblies, and vehicle bodies for the physical validation of modules and systems; project management; and product quality and care services. The Production Solutions segment provides painted body services comprising component validation, forming dies, body manufacturing, and paint shop planning; smart factory services, including smart building, smart production, smart logistics, digitalization and networking in production, production-oriented product design, and smart assistance; and process consulting and CAx development services, as well as conceptual and realization services. The Electrics/Electronics segment develops electric and electronic systems comprising architecture and networks development, systems and advanced engineering, embedded systems, information technology, integration and validation, functional safety and cyber security, and process and product data management services. The company was founded in 1969 and is based in Arbon, Switzerland. EDAG Engineering Group AG is a subsidiary of Aton Austria Holding GmbH.
Companies with p/e similar to EDAG Engineering AG
- Midland Ic&I Ltd has P/E of 9.25
- Sagicor has P/E of 9.26
- Jabil Inc has P/E of 9.26
- Halliburton Co has P/E of 9.26
- First Capital has P/E of 9.27
- Sinopharm Co has P/E of 9.27
- EDAG Engineering AG has P/E of 9.27
- Taylor Morrison Home has P/E of 9.28
- BlackRock Muni New Jersey Quality Fund Inc has P/E of 9.28
- PHSC plc has P/E of 9.28
- First Business Services Inc has P/E of 9.28
- Singamas Container has P/E of 9.28
- Vitasoy International has P/E of 9.29