E-L Financial Corp Stock

E-L Financial Corp P/E 2024

E-L Financial Corp P/E

3.62

Ticker

ELF.TO

ISIN

CA2685751075

WKN

897579

As of Sep 22, 2024, E-L Financial Corp's P/E ratio was 3.62, a -139.52% change from the -9.16 P/E ratio recorded in the previous year.

The E-L Financial Corp P/E history

E-L Financial Corp Aktienanalyse

What does E-L Financial Corp do?

The E-L Financial Corp Ltd is a Canadian company based in Toronto. It was founded in 1968 by Edward Bronfman and Donald G. Ross. The company focuses on long-term investment and achieving stable growth. It is divided into different sectors and business fields, each offering different products and services. One of its main sectors is the insurance business, specifically the Empire Life Insurance Company, one of Canada's largest life insurance companies. Another important sector is the investment business, specifically the Cundill Investment Research Ltd, a successful investment fund manager specializing in long-term investments in stocks and bonds. In addition to insurance and investment, the company is also involved in real estate investment and financial services. The success of the E-L Financial Corp can be attributed to its long-term thinking, cautious investment strategy, and high-quality products and services offered by its subsidiaries. E-L Financial Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering E-L Financial Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of E-L Financial Corp 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 E-L Financial Corp'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 E-L Financial Corp 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 E-L Financial Corp’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 E-L Financial Corp stock

What is the price-to-earnings ratio of E-L Financial Corp?

The price-earnings ratio of E-L Financial Corp is currently 3.62.

How has the price-earnings ratio of E-L Financial Corp changed compared to last year?

The price-to-earnings ratio of E-L Financial Corp has increased by -139.52% 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 E-L Financial Corp high compared to other companies?

Yes, the price-to-earnings ratio of E-L Financial Corp is high compared to other companies.

How does an increase in the price-earnings ratio of E-L Financial Corp affect the company?

An increase in the price-earnings ratio of E-L Financial Corp 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 E-L Financial Corp affect the company?

A decrease in the price-earnings ratio of E-L Financial Corp 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 E-L Financial Corp?

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

How much dividend does E-L Financial Corp pay?

Over the past 12 months, E-L Financial Corp paid a dividend of 15 CAD . This corresponds to a dividend yield of about 1.16 %. For the coming 12 months, E-L Financial Corp is expected to pay a dividend of 15 CAD.

What is the dividend yield of E-L Financial Corp?

The current dividend yield of E-L Financial Corp is 1.16 %.

When does E-L Financial Corp pay dividends?

E-L Financial Corp pays a quarterly dividend. This is distributed in the months of April, June, July, October.

How secure is the dividend of E-L Financial Corp?

E-L Financial Corp paid dividends every year for the past 20 years.

What is the dividend of E-L Financial Corp?

For the upcoming 12 months, dividends amounting to 15 CAD are expected. This corresponds to a dividend yield of 1.16 %.

In which sector is E-L Financial Corp located?

E-L Financial Corp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von E-L Financial Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of E-L Financial Corp from 10/17/2024 amounting to 3.75 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did E-L Financial Corp pay the last dividend?

The last dividend was paid out on 10/17/2024.

What was the dividend of E-L Financial Corp in the year 2023?

In the year 2023, E-L Financial Corp distributed 10 CAD as dividends.

In which currency does E-L Financial Corp pay out the dividend?

The dividends of E-L Financial Corp are distributed in CAD.

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Andere Kennzahlen von E-L Financial Corp

Our stock analysis for E-L Financial Corp 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 E-L Financial Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.