CECO Environmental Stock

CECO Environmental P/E 2024

CECO Environmental P/E

31.47

Ticker

CECO

ISIN

US1251411013

WKN

906379

As of Nov 20, 2024, CECO Environmental's P/E ratio was 31.47, a 1.32% change from the 31.06 P/E ratio recorded in the previous year.

The CECO Environmental P/E history

CECO Environmental Aktienanalyse

What does CECO Environmental do?

CECO Environmental Corp is a leading global provider of products and services for air and liquid filtration and emissions control. The company was founded in 1964 as Control Engineering Inc. in Cincinnati, Ohio, and has since expanded its business and operates in more than 30 countries worldwide. CECO's business model is based on the development and manufacturing of products and systems for emissions and pollutant control. These are used in various industries, including chemicals, energy, food and beverage, pharmaceuticals, and steel. The company also offers comprehensive services, including technical consulting, installation, maintenance, and repairs. CECO is divided into three main segments: industrial air, industrial liquid, and fluid handling. The industrial air segment includes product lines such as separators, industrial filters, ventilation and exhaust systems, and industrial fans. The industrial liquid segment focuses on liquid filtration and treatment and includes product lines such as membrane filtration, oil separators, water treatment, and wastewater treatment. The third segment, fluid handling, offers pump systems and accessories for various industrial applications. CECO's products include separators for removing fine dust and other particles from the air released in industrial processes. Another product line is industrial filters used in the food and beverage industry to remove impurities from the production process and ensure a safe and clean working environment. The company also offers innovative solutions for wastewater treatment to reduce pollutant levels and ensure safe discharge into the environment. CECO has also made a series of acquisitions to expand its portfolio and enter new markets. In 2019, the company acquired Environmental Integrated Solutions Limited (EIS), a leading provider of exhaust gas cleaning and air purification solutions. This allowed CECO to strengthen its presence in Canada and expand its expertise in air purification for demanding applications such as high-temperature exhaust streams. Overall, CECO Environmental Corp is a leading provider of products and services for emissions and pollutant control. The company has a long history in the industry and is able to offer innovative solutions for a variety of applications. With a wide portfolio of products and services, a strong global network, and a dedicated team of professionals, CECO is able to meet the needs of its customers worldwide. CECO Environmental ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering CECO Environmental's P/E Ratio

The Price to Earnings (P/E) Ratio of CECO Environmental 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 CECO Environmental'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 CECO Environmental 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 CECO Environmental’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 CECO Environmental stock

What is the price-to-earnings ratio of CECO Environmental?

The price-earnings ratio of CECO Environmental is currently 31.47.

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

The price-to-earnings ratio of CECO Environmental has increased by 1.32% increased 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 CECO Environmental high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of CECO Environmental 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 CECO Environmental?

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

How much dividend does CECO Environmental pay?

Over the past 12 months, CECO Environmental paid a dividend of 0.22 USD . This corresponds to a dividend yield of about 0.79 %. For the coming 12 months, CECO Environmental is expected to pay a dividend of 0.56 USD.

What is the dividend yield of CECO Environmental?

The current dividend yield of CECO Environmental is 0.79 %.

When does CECO Environmental pay dividends?

CECO Environmental pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of CECO Environmental?

CECO Environmental paid dividends every year for the past 3 years.

What is the dividend of CECO Environmental?

For the upcoming 12 months, dividends amounting to 0.56 USD are expected. This corresponds to a dividend yield of 1.99 %.

In which sector is CECO Environmental located?

CECO Environmental is assigned to the 'Industry' sector.

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

To receive the latest dividend of CECO Environmental from 9/29/2017 amounting to 0.075 USD, you needed to have the stock in your portfolio before the ex-date on 9/14/2017.

When did CECO Environmental pay the last dividend?

The last dividend was paid out on 9/29/2017.

What was the dividend of CECO Environmental in the year 2023?

In the year 2023, CECO Environmental distributed 0 USD as dividends.

In which currency does CECO Environmental pay out the dividend?

The dividends of CECO Environmental are distributed in USD.

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Andere Kennzahlen von CECO Environmental

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