What is the price-to-earnings ratio of Canfor?
The price-earnings ratio of Canfor is currently -4.34.
Canfor P/E 2024
Canfor P/E
-4.34
Ticker
CFP.TO
ISIN
CA1375761048
WKN
A0J328
As of Sep 7, 2024, Canfor's P/E ratio was -4.34, a -38.53% change from the -7.06 P/E ratio recorded in the previous year.
The Canfor P/E history
Canfor Aktienanalyse
What does Canfor do?
Canfor Corp is a Canadian company specializing in the production and sale of wood and fiber products. The company was founded in 1938 and is headquartered in Vancouver, British Columbia. Canfor Corp's business model is in agriculture, forestry, and wood processing. It is one of the largest wood producers in North America and offers a wide range of products including logs, lumber, plywood, MDF, and other fiber products. Canfor Corp has various divisions including Canfor Pulp, Canfor Southern Pine, Canfor Energy, and Canfor Transportation. Canfor Pulp produces pulp and paper products from wood fibers, while Canfor Southern Pine is one of the largest lumber producers in the southern United States. Canfor Energy produces renewable energy from biomass, and Canfor Transportation handles logistics and product deliveries worldwide. Canfor has a long history and has continuously evolved. In the 1950s, the company began producing logs to sell to international customers. In the 1960s, Canfor expanded into the United States and acquired several forest and wood companies. In the 1970s, Canfor opened a sawmill in Prince George, British Columbia, producing lumber, plywood, and industrial wood products. In the 1980s, Canfor again expanded into the United States and introduced new products such as MDF and OSB boards. In recent years, Canfor has expanded its divisions through the acquisition of several companies, allowing it to serve various customer needs. The company focuses on sustainability and advocates for the protection and sustainable use of the forests from which it sources its products. Canfor offers a wide range of products used in various industries including construction, furniture manufacturing, packaging, and paper production. The company is committed to offering high-quality products and works closely with its customers to meet their requirements. In summary, Canfor Corp is a leading wood and fiber producer that offers a wide range of products and focuses on sustainability and customer satisfaction. The company has a long history and is able to serve diverse customer needs. Canfor ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Canfor's P/E Ratio
The Price to Earnings (P/E) Ratio of Canfor 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'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 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’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 stock
How has the price-earnings ratio of Canfor changed compared to last year?
The price-to-earnings ratio of Canfor has increased by -38.53% 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 Canfor high compared to other companies?
Yes, the price-to-earnings ratio of Canfor is high compared to other companies.
How does an increase in the price-earnings ratio of Canfor affect the company?
An increase in the price-earnings ratio of Canfor 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 affect the company?
A decrease in the price-earnings ratio of Canfor 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?
Some factors that influence the price-earnings ratio of Canfor are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Canfor pay?
Over the past 12 months, Canfor paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Canfor is expected to pay a dividend of 0 CAD.
What is the dividend yield of Canfor?
The current dividend yield of Canfor is .
When does Canfor pay dividends?
Canfor pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of Canfor?
Canfor paid dividends every year for the past 0 years.
What is the dividend of Canfor?
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 located?
Canfor is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Canfor kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Canfor from 6/30/2003 amounting to 0.065 CAD, you needed to have the stock in your portfolio before the ex-date on 6/11/2003.
When did Canfor pay the last dividend?
The last dividend was paid out on 6/30/2003.
What was the dividend of Canfor in the year 2023?
In the year 2023, Canfor distributed 0 CAD as dividends.
In which currency does Canfor pay out the dividend?
The dividends of Canfor are distributed in CAD.
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Andere Kennzahlen von Canfor
Our stock analysis for Canfor 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
