Cathedral Energy Services Stock

Cathedral Energy Services P/S 2024

Cathedral Energy Services P/S

0.38

Ticker

CET.TO

ISIN

CA14916J1021

WKN

A0YH7L

As of Sep 29, 2024, Cathedral Energy Services's P/S ratio stood at 0.38, a 18.75% change from the 0.32 P/S ratio recorded in the previous year.

The Cathedral Energy Services P/S history

Cathedral Energy Services Aktienanalyse

What does Cathedral Energy Services do?

Cathedral Energy Services Ltd is a Canadian company that was founded in 1990 and operates in the energy services sector. The company is headquartered in Calgary, Alberta and is listed on the Toronto Stock Exchange (TSX: CET). The founding story of Cathedral Energy Services Ltd began with the acquisition of two air compressors in 1990. The company quickly expanded and diversified its offerings to include wellbore measurements and tests, as well as electrical and electronic tools to enhance drilling productivity. Eventually, in 2010, Cathedral Energy Services Ltd acquired Crusader Drilling Tools, a company engaged in the manufacturing and sales of drilling equipment and tools. Today, Cathedral Energy Services Ltd offers a variety of services and products tailored to the needs of oil and gas companies. These services include drilling mud waste treatment, wellbore measurements and tests, electrical and electronic tools, cementing-related tools, as well as wellbore stabilization and monitoring. One of the core businesses of Cathedral Energy Services Ltd is wellbore measurement and testing services. The company provides a range of technologies to gather detailed data about the wellbore and the surrounding subsurface. These measurements include wellbore diameter, cement thickness, wellbore pressure and temperature, as well as conductivity of the surrounding rock and fluid space. Another important business area of Cathedral Energy Services Ltd is the manufacturing and sale of electrical and electronic tools to enhance drilling productivity. This includes measurement devices and sensors to control drilling speed and depth, as well as instruments for monitoring drilling processes and detecting anomalies in the wellbore. The company also offers a range of cementing-related tools to stabilize and reliably seal the wellbore. These tools are crucial for the safety and support of the wellbore, avoiding damage to the surrounding environment and ensuring the production of oil and gas. Finally, Cathedral Energy Services Ltd also provides wellbore stabilization and monitoring to ensure that the wellbore remains stable throughout the entire drilling process and avoids any damages or failures. This includes monitoring the composition and quality of the drilling mud to ensure that it serves its purpose and maintains the stability of the wellbore. Overall, Cathedral Energy Services Ltd is a company specialized in meeting the needs of oil and gas companies in terms of wellbore measurements, tests, and tools. The company has a long history in the industry and offers a wide range of products and services to ensure that drilling operations remain safe and productive. Cathedral Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Cathedral Energy Services's P/S Ratio

Cathedral Energy Services'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 Cathedral Energy Services'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 Cathedral Energy Services'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 Cathedral Energy Services’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 Cathedral Energy Services stock

What is the price-to-earnings ratio of Cathedral Energy Services?

The price-earnings ratio of Cathedral Energy Services is currently 0.38.

How has the price-earnings ratio of Cathedral Energy Services changed compared to last year?

The price-to-earnings ratio of Cathedral Energy Services has increased by 18.75% 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 Cathedral Energy Services high compared to other companies?

Yes, the price-to-earnings ratio of Cathedral Energy Services is high compared to other companies.

How does an increase in the price-earnings ratio of Cathedral Energy Services affect the company?

An increase in the price-earnings ratio of Cathedral Energy Services 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 Cathedral Energy Services affect the company?

A decrease in the price-earnings ratio of Cathedral Energy Services 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 Cathedral Energy Services?

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

How much dividend does Cathedral Energy Services pay?

Over the past 12 months, Cathedral Energy Services paid a dividend of 0.12 CAD . This corresponds to a dividend yield of about 2 %. For the coming 12 months, Cathedral Energy Services is expected to pay a dividend of 0 CAD.

What is the dividend yield of Cathedral Energy Services?

The current dividend yield of Cathedral Energy Services is 2 %.

When does Cathedral Energy Services pay dividends?

Cathedral Energy Services pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Cathedral Energy Services?

Cathedral Energy Services paid dividends every year for the past 3 years.

What is the dividend of Cathedral Energy Services?

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

In which sector is Cathedral Energy Services located?

Cathedral Energy Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Cathedral Energy Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cathedral Energy Services from 10/15/2015 amounting to 0.04 CAD, you needed to have the stock in your portfolio before the ex-date on 9/28/2015.

When did Cathedral Energy Services pay the last dividend?

The last dividend was paid out on 10/15/2015.

What was the dividend of Cathedral Energy Services in the year 2023?

In the year 2023, Cathedral Energy Services distributed 0 CAD as dividends.

In which currency does Cathedral Energy Services pay out the dividend?

The dividends of Cathedral Energy Services are distributed in CAD.

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Andere Kennzahlen von Cathedral Energy Services

Our stock analysis for Cathedral Energy Services 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 Cathedral Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.