Canacol Energy Stock

Canacol Energy P/S 2024

Canacol Energy P/S

0.34

Ticker

CNE.TO

ISIN

CA1348082035

WKN

A1J9Z6

As of Sep 7, 2024, Canacol Energy's P/S ratio stood at 0.34, a -62.64% change from the 0.91 P/S ratio recorded in the previous year.

The Canacol Energy P/S 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/S Details

Decoding Canacol Energy's P/S Ratio

Canacol Energy'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 Canacol Energy'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 Canacol Energy'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 Canacol Energy’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 Canacol Energy stock

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

The price-earnings ratio of Canacol Energy is currently 0.34.

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 -62.64% 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.