Enbridge P/E 2024

Enbridge P/E

16.84

Enbridge Dividend yield

7.27 %

Ticker

ENB.TO

ISIN

CA29250N1050

WKN

885427

As of Mar 28, 2024, Enbridge's P/E ratio was 16.84, a -1.92% change from the 17.17 P/E ratio recorded in the previous year.

The Enbridge P/E history

Enbridge Aktienanalyse

What does Enbridge do?

Enbridge Inc is a Canadian energy company operating in the oil and gas industry. The company was founded in 1949 and is headquartered in Calgary, Alberta. It is one of the largest energy distributors in North America and is listed on the S&P/TSX 60 Index. History Enbridge was founded as the "Interprovincial Pipe Line Company" and has since written an impressive history. In the 1960s, the Interprovincial Pipe Line Company became part of a joint project to improve oil supply between Alberta and Chicago. In the 1980s, the company shifted its focus to pipeline construction, laying the groundwork for its current business model. Business Model Enbridge operates in three business segments: pipelines, gas distribution, and renewable energy. The pipeline segment is the largest segment of the company as Enbridge owns one of the largest pipeline infrastructures in North America. The pipelines transport oil, gas, and other liquids for thousands of kilometers between Canada and the United States. Gas distribution is an important business sector for Enbridge as the company also serves as an energy provider for many households and businesses in Canada and the US. Enbridge focuses on customers in rural areas and delivers natural gas through regional networks. Renewable energy is the fastest-growing area for Enbridge. The company has made significant investments in recent years to expand its portfolio of renewable energy projects. Projects include wind and solar parks, hydropower plants, and biofuels. Products Enbridge offers a variety of products and services. The most important product is pipelines, which enable the transportation of oil and gas. Enbridge operates multiple pipelines with a total length of over 27,000 km. The pipeline infrastructure is crucial for both distribution and transportation to other areas as it provides an efficient transmission mechanism for energy. Another product offered by Enbridge is gas compression facilities. These facilities increase the pressure in the gas flow, allowing the gas to flow quickly and smoothly through the pipeline system. Enbridge also offers various services for pipeline operation and maintenance, including inspection services, repairs, and emergency management. Conclusion Enbridge is a significant player in the North American energy industry. With its extensive pipeline infrastructure and strong presence in gas distribution, the company positions itself as a key service provider for the energy industry. The growing business of renewable energy shows that Enbridge is ready to adapt to changing industry trends and expand its operations accordingly. Enbridge ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Enbridge's P/E Ratio

The Price to Earnings (P/E) Ratio of Enbridge 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 Enbridge'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 Enbridge 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 Enbridge’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 Enbridge Stock

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

The price-earnings ratio of Enbridge is currently 16.84.

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

The price-to-earnings ratio of Enbridge has increased by -1.92% 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 Enbridge high compared to other companies?

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

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

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

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

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

How much dividend does Enbridge pay?

Over the past 12 months, Enbridge paid a dividend of 3.55 CAD . This corresponds to a dividend yield of about 7.27 %. For the coming 12 months, Enbridge is expected to pay a dividend of 3.36 CAD.

What is the dividend yield of Enbridge?

The current dividend yield of Enbridge is 7.27 %.

When does Enbridge pay dividends?

Enbridge pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of Enbridge?

Enbridge paid dividends every year for the past 30 years.

What is the dividend of Enbridge?

For the upcoming 12 months, dividends amounting to 3.36 CAD are expected. This corresponds to a dividend yield of 6.89 %.

In which sector is Enbridge located?

Enbridge is assigned to the 'Energy' sector.

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

To receive the latest dividend of Enbridge from 3/1/2024 amounting to 0.915 CAD, you needed to have the stock in your portfolio before the ex-date on 2/14/2024.

When did Enbridge pay the last dividend?

The last dividend was paid out on 3/1/2024.

What was the dividend of Enbridge in the year 2023?

In the year 2023, Enbridge distributed 3.44 CAD as dividends.

In which currency does Enbridge pay out the dividend?

The dividends of Enbridge are distributed in CAD.

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Andere Kennzahlen von Enbridge

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