CenterPoint Energy P/S 2024

CenterPoint Energy P/S

2

CenterPoint Energy Dividend yield

2.63 %

Ticker

CNP

ISIN

US15189T1079

WKN

854566

As of May 2, 2024, CenterPoint Energy's P/S ratio stood at 2, a -3.38% change from the 2.07 P/S ratio recorded in the previous year.

The CenterPoint Energy P/S history

CenterPoint Energy Aktienanalyse

What does CenterPoint Energy do?

CenterPoint Energy Inc. is a US company operating in the energy industry. The company was founded in 1866 and is headquartered in Houston, Texas. CenterPoint Energy started as the Houston Gas Light Company, providing gas supply in the city of Houston. Over the years, the company expanded its portfolio and also ventured into other energy sources such as electricity and natural gas. Today, CenterPoint Energy Inc. is one of the largest utility companies in the US, serving over five million customers in seven states. CenterPoint Energy's business model is to provide a safe, reliable, and affordable energy supply. The company follows a sustainable business strategy and is committed to environmental protection. CenterPoint Energy advocates for the use of renewable energy and works on developing new technologies to improve energy efficiency. CenterPoint Energy is divided into four different business segments: 1. Gas and electric utility: This segment is the core business of CenterPoint Energy. The company is a major utility provider in the regions where it operates. CenterPoint Energy supplies gas and electricity to residential and commercial customers, employing innovative technologies to improve energy efficiency and reduce CO2 emissions. 2. Pipeline and field services: CenterPoint Energy owns and operates an extensive network of pipelines and storage facilities, enabling the safe and reliable transport and storage of gas. The company also offers services such as maintenance and repair of gas pipelines and facilities. 3. Energy efficiency and renewable energy: CenterPoint Energy is committed to promoting renewable energy and improving energy efficiency. The company offers various programs to its customers aimed at reducing energy consumption and promoting the use of renewable energy. 4. Other services: CenterPoint Energy also provides various services beyond energy supply. These include financing energy projects and providing turbines for power generation. The products offered by CenterPoint Energy include gas and electric supply for residential and commercial customers, pipeline services, gas storage, and renewable energy. The company also offers various energy efficiency programs to help customers reduce energy consumption and promote the use of renewable energy. Overall, CenterPoint Energy is a significant player in the energy industry, advocating for the promotion of renewable energy and improvement of energy efficiency. The company aims to provide a safe, reliable, and affordable energy supply, employing innovative technologies and sustainable business strategies. CenterPoint Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding CenterPoint Energy's P/S Ratio

CenterPoint Energy'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 CenterPoint Energy'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 CenterPoint Energy'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 CenterPoint Energy’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 CenterPoint Energy Stock

What is the price-to-earnings ratio of CenterPoint Energy?

The price-earnings ratio of CenterPoint Energy is currently 2.

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

The price-to-earnings ratio of CenterPoint Energy has increased by -3.38% 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 CenterPoint Energy high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of CenterPoint Energy 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 CenterPoint Energy?

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

How much dividend does CenterPoint Energy pay?

Over the past 12 months, CenterPoint Energy paid a dividend of 0.77 USD . This corresponds to a dividend yield of about 2.63 %. For the coming 12 months, CenterPoint Energy is expected to pay a dividend of 0.81 USD.

What is the dividend yield of CenterPoint Energy?

The current dividend yield of CenterPoint Energy is 2.63 %.

When does CenterPoint Energy pay dividends?

CenterPoint Energy pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of CenterPoint Energy?

CenterPoint Energy paid dividends every year for the past 24 years.

What is the dividend of CenterPoint Energy?

For the upcoming 12 months, dividends amounting to 0.81 USD are expected. This corresponds to a dividend yield of 2.77 %.

In which sector is CenterPoint Energy located?

CenterPoint Energy is assigned to the 'Utilities' sector.

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

To receive the latest dividend of CenterPoint Energy from 3/14/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 2/14/2024.

When did CenterPoint Energy pay the last dividend?

The last dividend was paid out on 3/14/2024.

What was the dividend of CenterPoint Energy in the year 2023?

In the year 2023, CenterPoint Energy distributed 0.7 USD as dividends.

In which currency does CenterPoint Energy pay out the dividend?

The dividends of CenterPoint Energy are distributed in USD.

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Andere Kennzahlen von CenterPoint Energy

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