Eastern Price Earnings Ratio from 2010 to 2024

EML Stock  USD 28.31  0.75  2.58%   
Eastern Price Earnings Ratio yearly trend continues to be quite stable with very little volatility. Price Earnings Ratio may rise above 13.06 this year. From the period between 2010 and 2024, Eastern, Price Earnings Ratio regression line of its data series had standard deviation of  3.74 and standard deviation of  3.74. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
8.78
Current Value
13.06
Quarterly Volatility
3.73712235
 
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Yuan Drop
 
Covid
Check Eastern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastern main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 3.7 M or Total Revenue of 287.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0304 or PTB Ratio of 1.07. Eastern financial statements analysis is a perfect complement when working with Eastern Valuation or Volatility modules.
  
This module can also supplement various Eastern Technical models . Check out the analysis of Eastern Correlation against competitors.

Latest Eastern's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Eastern Co over the last few years. It is Eastern's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastern's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Eastern Price Earnings Ratio Regression Statistics

Arithmetic Mean11.12
Geometric Mean10.71
Coefficient Of Variation33.60
Mean Deviation2.52
Median9.70
Standard Deviation3.74
Sample Variance13.97
Range13.7644
R-Value(0.25)
Mean Square Error14.11
R-Squared0.06
Significance0.37
Slope(0.21)
Total Sum of Squares195.53

Eastern Price Earnings Ratio History

2024 13.06
2023 8.78
2022 9.75
2016 16.78
2012 9.7
2011 22.45
2010 8.68

About Eastern Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Eastern income statement, its balance sheet, and the statement of cash flows. Eastern investors use historical funamental indicators, such as Eastern's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Eastern investors may use each financial statement separately, they are all related. The changes in Eastern's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastern's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eastern Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eastern. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 8.78  13.06 

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When determining whether Eastern is a strong investment it is important to analyze Eastern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eastern's future performance. For an informed investment choice regarding Eastern Stock, refer to the following important reports:
Check out the analysis of Eastern Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Eastern's price analysis, check to measure Eastern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastern is operating at the current time. Most of Eastern's value examination focuses on studying past and present price action to predict the probability of Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern's price. Additionally, you may evaluate how the addition of Eastern to your portfolios can decrease your overall portfolio volatility.
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Is Eastern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.177
Dividend Share
0.44
Earnings Share
1.54
Revenue Per Share
43.157
Quarterly Revenue Growth
(0.06)
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern's market value can be influenced by many factors that don't directly affect Eastern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.