What is the price-to-earnings ratio of Cameco?
The price-earnings ratio of Cameco is currently 7.14.
Cameco P/S 2024
Cameco P/S
7.14
Cameco Dividend yield
0.24 %
Ticker
CCJ
ISIN
CA13321L1085
WKN
882017
As of Apr 28, 2024, Cameco's P/S ratio stood at 7.14, a 40% change from the 5.1 P/S ratio recorded in the previous year.
The Cameco P/S history
Cameco Aktienanalyse
What does Cameco do?
Cameco Corporation is a Canadian company that focuses on the production of uranium. The company was originally founded in 1988 and has built a reputation over the years as one of the largest uranium producers worldwide. Business Model The business model of Cameco Corporation is fully focused on uranium production. The company operates uranium mines in Canada, the USA, and Kazakhstan, and has a refining capacity of approximately 33 million pounds per year. Cameco Corporation specializes in mining and producing high-quality uranium. The company has established successful partnerships with other companies to expand its production and processing capabilities. History Cameco Corporation was founded in 1988 under the name Saskatchewan Mining Development Corporation to oversee uranium mining in the Canadian province of Saskatchewan. The company was a government-owned corporation until it was privatized in 1991 and changed its name to Cameco Corporation. Over the years, the company has made a variety of acquisitions to expand its reach and production. Cameco Corporation has established itself as one of the world's largest uranium producers and is known for providing increasingly safe and reliable uranium to customers worldwide. Divisions Cameco Corporation has several divisions and areas that focus on uranium production and supply. This includes mining and production of uranium in Canada, the USA, and Kazakhstan, as well as the refining of the raw material. The company has also developed divisions for the trading and sale of uranium to sell and provide uranium on the global market. Additionally, it has invested in renewable energies in collaboration with various companies to provide alternative energy sources to the population. Products Cameco Corporation produces and supplies high-quality uranium to customers worldwide. The uranium is mined and processed from mines in Canada, the USA, and Kazakhstan. The company also has various stages of production that allow it to provide uranium in different forms. These include yellowcake (uranium concentrate), uranium hexafluoride, and fuel assemblies for nuclear power plants. Conclusion Cameco Corporation is a leading uranium producer that focuses on highest quality and reliability. The company has a long history and is capable of providing uranium in various forms to customers worldwide. Cameco Corporation is known for its successful focus on producing safe and reliable energy sources for the global population. Cameco ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Cameco's P/S Ratio
Cameco's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Cameco's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Cameco's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Cameco’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Cameco Stock
How has the price-earnings ratio of Cameco changed compared to last year?
The price-to-earnings ratio of Cameco has increased by 40% 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 Cameco high compared to other companies?
Yes, the price-to-earnings ratio of Cameco is high compared to other companies.
How does an increase in the price-earnings ratio of Cameco affect the company?
An increase in the price-earnings ratio of Cameco 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 Cameco affect the company?
A decrease in the price-earnings ratio of Cameco 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 Cameco?
Some factors that influence the price-earnings ratio of Cameco are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Cameco pay?
Over the past 12 months, Cameco paid a dividend of 0.12 CAD . This corresponds to a dividend yield of about 0.24 %. For the coming 12 months, Cameco is expected to pay a dividend of 0.12 CAD.
What is the dividend yield of Cameco?
The current dividend yield of Cameco is 0.24 %.
When does Cameco pay dividends?
Cameco pays a quarterly dividend. This is distributed in the months of December, December, December, December.
How secure is the dividend of Cameco?
Cameco paid dividends every year for the past 25 years.
What is the dividend of Cameco?
For the upcoming 12 months, dividends amounting to 0.12 CAD are expected. This corresponds to a dividend yield of 0.25 %.
In which sector is Cameco located?
Cameco is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Cameco kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cameco from 12/15/2023 amounting to 0.12 CAD, you needed to have the stock in your portfolio before the ex-date on 11/29/2023.
When did Cameco pay the last dividend?
The last dividend was paid out on 12/15/2023.
What was the dividend of Cameco in the year 2023?
In the year 2023, Cameco distributed 0.12 CAD as dividends.
In which currency does Cameco pay out the dividend?
The dividends of Cameco are distributed in CAD.
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Andere Kennzahlen von Cameco
Our stock analysis for Cameco 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 Cameco Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.