Canacol Energy Stock

Canacol Energy P/E 2024

Canacol Energy P/E

1.48

Ticker

CNE.TO

ISIN

CA1348082035

WKN

A1J9Z6

As of Sep 7, 2024, Canacol Energy's P/E ratio was 1.48, a -55.69% change from the 3.34 P/E ratio recorded in the previous year.

The Canacol Energy P/E history

Canacol Energy Aktienanalyse

What does Canacol Energy do?

Canacol Energy Ltd is a Canadian company specializing in the exploration, production, and marketing of natural gas and oil in Latin America. The company was founded in 1970 and is headquartered in Calgary. Canacol Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Canacol Energy's P/E Ratio

The Price to Earnings (P/E) Ratio of Canacol Energy 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 Canacol Energy'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 Canacol Energy 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 Canacol Energy’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 Canacol Energy stock

What is the price-to-earnings ratio of Canacol Energy?

The price-earnings ratio of Canacol Energy is currently 1.48.

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

The price-to-earnings ratio of Canacol Energy has increased by -55.69% 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 Canacol Energy high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Canacol Energy 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 Canacol Energy?

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

How much dividend does Canacol Energy pay?

Over the past 12 months, Canacol Energy paid a dividend of 1.04 USD . This corresponds to a dividend yield of about 41.52 %. For the coming 12 months, Canacol Energy is expected to pay a dividend of 1.46 USD.

What is the dividend yield of Canacol Energy?

The current dividend yield of Canacol Energy is 41.52 %.

When does Canacol Energy pay dividends?

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

How secure is the dividend of Canacol Energy?

Canacol Energy paid dividends every year for the past 8 years.

What is the dividend of Canacol Energy?

For the upcoming 12 months, dividends amounting to 1.46 USD are expected. This corresponds to a dividend yield of 58.47 %.

In which sector is Canacol Energy located?

Canacol Energy is assigned to the 'Energy' sector.

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

To receive the latest dividend of Canacol Energy from 1/15/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 12/28/2023.

When did Canacol Energy pay the last dividend?

The last dividend was paid out on 1/15/2024.

What was the dividend of Canacol Energy in the year 2023?

In the year 2023, Canacol Energy distributed 0.416 USD as dividends.

In which currency does Canacol Energy pay out the dividend?

The dividends of Canacol Energy are distributed in USD.

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Andere Kennzahlen von Canacol Energy

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