What is the price-to-earnings ratio of Cascades?
The price-earnings ratio of Cascades is currently 14.71.
Cascades P/E 2024
Cascades P/E
14.71
Ticker
CAS.TO
ISIN
CA1469001053
WKN
910859
As of Jun 26, 2024, Cascades's P/E ratio was 14.71, a -202.29% change from the -14.38 P/E ratio recorded in the previous year.
The Cascades P/E history
Cascades Aktienanalyse
What does Cascades do?
Cascades Inc is a Canadian company specializing in the production of packaging and hygiene products made from recycled materials. The company was founded in 1964 and is headquartered in Kingsey Falls, Quebec. It began as a small paper mill and quickly expanded, acquiring various paper mills and recycling centers in Canada and the USA. Today, Cascades employs over 11,000 people and has locations in North America and Europe. The company's business model is based on the concept of the circular economy, recycling waste products to create new ones and minimizing environmental impact. They produce a range of packaging including cardboard boxes, cups, tissues, and toilet paper from recycled paper and cardboard, as well as environmentally friendly packaging solutions for the food industry. Cascades also produces hygiene products such as toilet paper, paper towels, and napkins from recycled paper and offers eco-friendly cleaning products for commercial and residential use. The company is divided into divisions for packaging, tissue paper, recycling, and Europe, with a strong focus on sustainability and environmental protection. Cascades has received numerous accolades for its efforts in sustainable packaging and hygiene products. Cascades ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Cascades's P/E Ratio
The Price to Earnings (P/E) Ratio of Cascades 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 Cascades'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 Cascades 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 Cascades’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 Cascades Stock
How has the price-earnings ratio of Cascades changed compared to last year?
The price-to-earnings ratio of Cascades has increased by -202.29% 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 Cascades high compared to other companies?
Yes, the price-to-earnings ratio of Cascades is high compared to other companies.
How does an increase in the price-earnings ratio of Cascades affect the company?
An increase in the price-earnings ratio of Cascades 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 Cascades affect the company?
A decrease in the price-earnings ratio of Cascades 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 Cascades?
Some factors that influence the price-earnings ratio of Cascades are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Cascades pay?
Over the past 12 months, Cascades paid a dividend of 0.48 CAD . This corresponds to a dividend yield of about 5.26 %. For the coming 12 months, Cascades is expected to pay a dividend of 0.47 CAD.
What is the dividend yield of Cascades?
The current dividend yield of Cascades is 5.26 %.
When does Cascades pay dividends?
Cascades pays a quarterly dividend. This is distributed in the months of September, December, April, June.
How secure is the dividend of Cascades?
Cascades paid dividends every year for the past 23 years.
What is the dividend of Cascades?
For the upcoming 12 months, dividends amounting to 0.47 CAD are expected. This corresponds to a dividend yield of 5.18 %.
In which sector is Cascades located?
Cascades is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Cascades kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cascades from 6/6/2024 amounting to 0.12 CAD, you needed to have the stock in your portfolio before the ex-date on 5/22/2024.
When did Cascades pay the last dividend?
The last dividend was paid out on 6/6/2024.
What was the dividend of Cascades in the year 2023?
In the year 2023, Cascades distributed 0.48 CAD as dividends.
In which currency does Cascades pay out the dividend?
The dividends of Cascades are distributed in CAD.
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Andere Kennzahlen von Cascades
Our stock analysis for Cascades 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 Cascades Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
