Canfor Pulp Products - Stock

Canfor Pulp Products P/E 2024

Canfor Pulp Products P/E

-5.52

Ticker

CFX.TO

ISIN

CA1375842079

WKN

A1H5K0

As of Jun 27, 2024, Canfor Pulp Products's P/E ratio was -5.52, a 305.88% change from the -1.36 P/E ratio recorded in the previous year.

The Canfor Pulp Products P/E history

Canfor Pulp Products Aktienanalyse

What does Canfor Pulp Products do?

Canfor Pulp Products Inc. is a Canadian company specializing in the production of pulp and pulp-based products. It is part of the Canfor Group, one of the leading companies in the global wood industry. Canfor Pulp Products is headquartered in Vancouver and operates facilities in British Columbia. The company employs approximately 1,300 employees. The history of Canfor Pulp Products dates back to 1966 when it was founded as Canadian Forest Products Ltd. Initially, the company was mainly involved in paper and packaging production. Over the years, the company expanded its product range and began to focus more on pulp production. In 2006, Canadian Forest Products was renamed Canfor Pulp Products to better reflect its specialization in pulp production. Canfor Pulp Products' business model is based on the production of high-quality pulp for various applications. The company produces a wide range of products used in paper, packaging, hygiene products, and other applications. Canfor Pulp Products specializes in the production of NBSK pulp, which is considered premium quality among pulp grades. The pulp is derived from pine forests in British Columbia and is known for its high strength, brightness, and purity. Canfor Pulp Products is divided into three main business segments: pulp production, energy production, and paper product marketing. In the pulp production segment, the company produces approximately 1.1 million tons of pulp per year. The production takes place in two facilities in Prince George and Taylor in British Columbia. Pulp is made from wood and wood fibers and then divided into different grades. The main markets for the pulp are North America, Europe, and Asia. The energy segment produces power generated from the pulp production processes. Biomass, derived from wood processing residues, is primarily used as fuel. Canfor Pulp Products operates two power plants with a total capacity of 175 megawatts. The paper products segment is the newest business segment of Canfor Pulp Products. The company produces paper varieties made from its own pulp, with an emphasis on environmentally friendly and sustainable production. The paper products are primarily marketed in North America and used in office supplies, printing, and packaging. In summary, Canfor Pulp Products is a successful company in the pulp and paper industry. Its business model focuses on producing high-quality pulp and processing it into various products. With its three business segments, pulp production, energy production, and paper product marketing, the company covers a wide range. Its many years of experience and specialization in producing premium pulp make Canfor Pulp Products an internationally recognized and respected company in the wood industry. Canfor Pulp Products ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Canfor Pulp Products's P/E Ratio

The Price to Earnings (P/E) Ratio of Canfor Pulp Products 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 Canfor Pulp Products'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 Canfor Pulp Products 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 Canfor Pulp Products’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 Canfor Pulp Products Stock

What is the price-to-earnings ratio of Canfor Pulp Products?

The price-earnings ratio of Canfor Pulp Products is currently -5.52.

How has the price-earnings ratio of Canfor Pulp Products changed compared to last year?

The price-to-earnings ratio of Canfor Pulp Products has increased by 305.88% 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 Canfor Pulp Products high compared to other companies?

Yes, the price-to-earnings ratio of Canfor Pulp Products is high compared to other companies.

How does an increase in the price-earnings ratio of Canfor Pulp Products affect the company?

An increase in the price-earnings ratio of Canfor Pulp Products 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 Canfor Pulp Products affect the company?

A decrease in the price-earnings ratio of Canfor Pulp Products 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 Canfor Pulp Products?

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

How much dividend does Canfor Pulp Products pay?

Over the past 12 months, Canfor Pulp Products paid a dividend of 0.06 CAD . This corresponds to a dividend yield of about 5.79 %. For the coming 12 months, Canfor Pulp Products is expected to pay a dividend of 0 CAD.

What is the dividend yield of Canfor Pulp Products?

The current dividend yield of Canfor Pulp Products is 5.79 %.

When does Canfor Pulp Products pay dividends?

Canfor Pulp Products pays a quarterly dividend. This is distributed in the months of June, September, December, April.

How secure is the dividend of Canfor Pulp Products?

Canfor Pulp Products paid dividends every year for the past 0 years.

What is the dividend of Canfor Pulp Products?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Canfor Pulp Products located?

Canfor Pulp Products is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Canfor Pulp Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canfor Pulp Products from 3/11/2020 amounting to 0.063 CAD, you needed to have the stock in your portfolio before the ex-date on 3/3/2020.

When did Canfor Pulp Products pay the last dividend?

The last dividend was paid out on 3/11/2020.

What was the dividend of Canfor Pulp Products in the year 2023?

In the year 2023, Canfor Pulp Products distributed 0 CAD as dividends.

In which currency does Canfor Pulp Products pay out the dividend?

The dividends of Canfor Pulp Products are distributed in CAD.

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Andere Kennzahlen von Canfor Pulp Products

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