Porsche share falls behind Dax: market value in a descent!

The Porsche Automobil Holding SE is currently under pressure because the share has fallen by 1.65 % and has now reached a price of 35.72 euros. This is a clear decline compared to the closing course of the previous day, which was 36.32 euros. While the DAX fell by 0.16 %, the Porsche share ends up in 37th place in the index. The trading volume was 291,863 shares, compared to 659,523 shares the day before. This shows a noticeable decrease in trade interest.

Currently the share is 27.98 % below the 52-week high of 49.60 euros, while the 52-week low is EUR 33.40. The market value of the Porsche Automobil Holding amounts to 11.12 billion euros, which corresponds to a weighting of 0.59 % in the DAX. SAP, Siemens and Deutsche Bank currently have the greatest weightings in the DAX. In the 2022 financial year, the company generated sales of 25.80 billion euros and a profit of 4.90 billion euros, such as the Welt reported.

Financial key figures and price development

Additional financial information about Porsche show that the share is currently being traded at a price of 35.73 euros. The turnover for 2023 was 5,096 million euros, while the net profit was 4,787 million euros. In 2023, the dividend per share was 3.19 euros higher than 3.06 euros from 2022. For 2021, the dividend was 2.56 euros. The price -profit ratio (KGV) is currently 2.02, compared to 2.50 in 2022. With regard to price development, the share has developed in recent years as follows: -23.26 % within one year, -20.13 % over three years, -9.63 % over five years and -4.66 % over a period of ten years, such as t-online reported.