Comet Lithium - Stock

Comet Lithium P/E 2024

Comet Lithium P/E

-2.97

Ticker

CLIC.V

ISIN

CA20036Y1016

WKN

A3EGHT

As of Jun 12, 2024, Comet Lithium's P/E ratio was -2.97, a -71% change from the -10.24 P/E ratio recorded in the previous year.

The Comet Lithium P/E history

Comet Lithium Aktienanalyse

What does Comet Lithium do?

Comet Lithium ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Comet Lithium's P/E Ratio

The Price to Earnings (P/E) Ratio of Comet Lithium 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 Comet Lithium'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 Comet Lithium 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 Comet Lithium’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 Comet Lithium Stock

What is the price-to-earnings ratio of Comet Lithium?

The price-earnings ratio of Comet Lithium is currently -2.97.

How has the price-earnings ratio of Comet Lithium changed compared to last year?

The price-to-earnings ratio of Comet Lithium has increased by -71% 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 Comet Lithium high compared to other companies?

Yes, the price-to-earnings ratio of Comet Lithium is high compared to other companies.

How does an increase in the price-earnings ratio of Comet Lithium affect the company?

An increase in the price-earnings ratio of Comet Lithium 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 Comet Lithium affect the company?

A decrease in the price-earnings ratio of Comet Lithium 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 Comet Lithium?

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

How much dividend does Comet Lithium pay?

Over the past 12 months, Comet Lithium paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Comet Lithium is expected to pay a dividend of 0 CAD.

What is the dividend yield of Comet Lithium?

The current dividend yield of Comet Lithium is .

When does Comet Lithium pay dividends?

Comet Lithium pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Comet Lithium?

Comet Lithium paid dividends every year for the past 0 years.

What is the dividend of Comet Lithium?

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

In which sector is Comet Lithium located?

Comet Lithium is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Comet Lithium kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Comet Lithium from 6/12/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 6/12/2024.

When did Comet Lithium pay the last dividend?

The last dividend was paid out on 6/12/2024.

What was the dividend of Comet Lithium in the year 2023?

In the year 2023, Comet Lithium distributed 0 CAD as dividends.

In which currency does Comet Lithium pay out the dividend?

The dividends of Comet Lithium are distributed in CAD.

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Andere Kennzahlen von Comet Lithium

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