What is the price-to-earnings ratio of Electrameccanica Vehicles?
The price-earnings ratio of Electrameccanica Vehicles is currently -0.63.
Electrameccanica Vehicles P/E 2024
Electrameccanica Vehicles P/E
-0.63
Ticker
SOLO
ISIN
CA2848492054
WKN
A2JRQH
As of Jun 30, 2024, Electrameccanica Vehicles's P/E ratio was -0.63, a -47.06% change from the -1.19 P/E ratio recorded in the previous year.
The Electrameccanica Vehicles P/E history
Electrameccanica Vehicles Aktienanalyse
What does Electrameccanica Vehicles do?
Electrameccanica Vehicles Corp is a Canadian company specializing in the production of innovative electric vehicles. It was founded in 2015 by Jerry Kroll and Henry Reisner in Vancouver, British Columbia. Electrameccanica aims to supply urban regions of the world with innovative, environmentally friendly vehicles and thus significantly influence the future of mobility. Electrameccanica Vehicles ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Electrameccanica Vehicles's P/E Ratio
The Price to Earnings (P/E) Ratio of Electrameccanica Vehicles 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 Electrameccanica Vehicles'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 Electrameccanica Vehicles 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 Electrameccanica Vehicles’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 Electrameccanica Vehicles Stock
How has the price-earnings ratio of Electrameccanica Vehicles changed compared to last year?
The price-to-earnings ratio of Electrameccanica Vehicles has increased by -47.06% 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 Electrameccanica Vehicles high compared to other companies?
Yes, the price-to-earnings ratio of Electrameccanica Vehicles is high compared to other companies.
How does an increase in the price-earnings ratio of Electrameccanica Vehicles affect the company?
An increase in the price-earnings ratio of Electrameccanica Vehicles 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 Electrameccanica Vehicles affect the company?
A decrease in the price-earnings ratio of Electrameccanica Vehicles 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 Electrameccanica Vehicles?
Some factors that influence the price-earnings ratio of Electrameccanica Vehicles are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Electrameccanica Vehicles pay?
Over the past 12 months, Electrameccanica Vehicles paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Electrameccanica Vehicles is expected to pay a dividend of 0 USD.
What is the dividend yield of Electrameccanica Vehicles?
The current dividend yield of Electrameccanica Vehicles is .
When does Electrameccanica Vehicles pay dividends?
Electrameccanica Vehicles pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Electrameccanica Vehicles?
Electrameccanica Vehicles paid dividends every year for the past 0 years.
What is the dividend of Electrameccanica Vehicles?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Electrameccanica Vehicles located?
Electrameccanica Vehicles is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Electrameccanica Vehicles kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Electrameccanica Vehicles from 6/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/30/2024.
When did Electrameccanica Vehicles pay the last dividend?
The last dividend was paid out on 6/30/2024.
What was the dividend of Electrameccanica Vehicles in the year 2023?
In the year 2023, Electrameccanica Vehicles distributed 0 USD as dividends.
In which currency does Electrameccanica Vehicles pay out the dividend?
The dividends of Electrameccanica Vehicles are distributed in USD.
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Andere Kennzahlen von Electrameccanica Vehicles
Our stock analysis for Electrameccanica Vehicles 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 Electrameccanica Vehicles Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Electrameccanica Vehicles Revenue
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- Electrameccanica Vehicles P/E
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- Electrameccanica Vehicles EBIT
- Electrameccanica Vehicles Dividend
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