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Canterbury Park Holding Stock

Canterbury Park Holding P/E 2024

Canterbury Park Holding P/E

10.78

Ticker

CPHC

ISIN

US13811E1010

WKN

938039

As of Nov 3, 2024, Canterbury Park Holding's P/E ratio was 10.78, a -23.98% change from the 14.18 P/E ratio recorded in the previous year.

The Canterbury Park Holding P/E history

Canterbury Park Holding Aktienanalyse

What does Canterbury Park Holding do?

Canterbury Park Holding Corp is a US company based in Minnesota that was founded in 1994. It offers a variety of leisure and entertainment options for its customers. Canterbury Park Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Canterbury Park Holding's P/E Ratio

The Price to Earnings (P/E) Ratio of Canterbury Park Holding 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 Canterbury Park Holding'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 Canterbury Park Holding 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 Canterbury Park Holding’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 Canterbury Park Holding stock

What is the price-to-earnings ratio of Canterbury Park Holding?

The price-earnings ratio of Canterbury Park Holding is currently 10.78.

How has the price-earnings ratio of Canterbury Park Holding changed compared to last year?

The price-to-earnings ratio of Canterbury Park Holding has increased by -23.98% 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 Canterbury Park Holding high compared to other companies?

Yes, the price-to-earnings ratio of Canterbury Park Holding is high compared to other companies.

How does an increase in the price-earnings ratio of Canterbury Park Holding affect the company?

An increase in the price-earnings ratio of Canterbury Park Holding 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 Canterbury Park Holding affect the company?

A decrease in the price-earnings ratio of Canterbury Park Holding 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 Canterbury Park Holding?

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

How much dividend does Canterbury Park Holding pay?

Over the past 12 months, Canterbury Park Holding paid a dividend of 0.28 USD . This corresponds to a dividend yield of about 1.5 %. For the coming 12 months, Canterbury Park Holding is expected to pay a dividend of 0.28 USD.

What is the dividend yield of Canterbury Park Holding?

The current dividend yield of Canterbury Park Holding is 1.5 %.

When does Canterbury Park Holding pay dividends?

Canterbury Park Holding pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Canterbury Park Holding?

Canterbury Park Holding paid dividends every year for the past 2 years.

What is the dividend of Canterbury Park Holding?

For the upcoming 12 months, dividends amounting to 0.28 USD are expected. This corresponds to a dividend yield of 1.5 %.

In which sector is Canterbury Park Holding located?

Canterbury Park Holding is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Canterbury Park Holding kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canterbury Park Holding from 10/14/2024 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did Canterbury Park Holding pay the last dividend?

The last dividend was paid out on 10/14/2024.

What was the dividend of Canterbury Park Holding in the year 2023?

In the year 2023, Canterbury Park Holding distributed 0.35 USD as dividends.

In which currency does Canterbury Park Holding pay out the dividend?

The dividends of Canterbury Park Holding are distributed in USD.

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Andere Kennzahlen von Canterbury Park Holding

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