What is the price-to-earnings ratio of Enertopia?
The price-earnings ratio of Enertopia is currently -2.54.
Enertopia P/E 2024
Enertopia P/E
-2.54
Enertopia Dividend yield
Ticker
ENRT
ISIN
US29277Q1076
WKN
A1CWL9
As of May 24, 2024, Enertopia's P/E ratio was -2.54, a -168.65% change from the 3.7 P/E ratio recorded in the previous year.
The Enertopia P/E history
Enertopia Aktienanalyse
What does Enertopia do?
Enertopia Corp is a Canadian company specializing in renewable energy. It was founded in 2004 and is headquartered in Vancouver, British Columbia. The company primarily focuses on the exploration and development of lithium deposits in North America. Enertopia operates in two business areas: Lithium Exploration and Clean Technology. The Lithium Exploration sector is the company's main business area. Enertopia aims to develop and market lithium projects in Canada and the USA. The lithium market has seen significant growth in recent years as lithium is a crucial resource for battery and electric vehicle production. Enertopia has developed lithium projects in the Clayton Valley region of Nevada and the Paradox Basin in Utah. However, the company has not yet begun commercial production. Enertopia also operates in the Clean Technology sector. The company has developed numerous technologies for generating sustainable energy and reducing energy consumption. Some of Enertopia's products include a solar technology system, a system for desalinating seawater, and a solar moisture system. Since its founding, Enertopia has achieved several milestones. In 2009, the company entered into a joint venture with an Australian Viking ship shipping company to develop wave energy technology. The technology was successfully tested, and Enertopia acquired the patent for the system. In 2015, Enertopia acquired the mineral rights for a lithium project in Clayton Valley, Nevada. The company plans to develop a lithium extraction and production facility in the region. Enertopia is also dedicated to promoting sustainability and energy efficiency. The company has launched numerous initiatives and partnerships to promote sustainable energy. For example, Enertopia partnered with the Robert Gordon University in Aberdeen, Scotland, to develop a technology that combines wind energy with hydrogen technology. The project has the potential to revolutionize energy supply in rural areas. Enertopia has an experienced management team with years of experience in the mining and technology sectors. The company collaborates with leading ecology and sustainability experts to develop innovative and sustainable energy projects. Enertopia is a promising company that focuses on the development of lithium projects and the advancement of clean energy technologies. With its experienced management team and strong market position, the company is well-positioned for future growth and success. Enertopia ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Enertopia's P/E Ratio
The Price to Earnings (P/E) Ratio of Enertopia 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 Enertopia'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 Enertopia 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 Enertopia’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 Enertopia Stock
How has the price-earnings ratio of Enertopia changed compared to last year?
The price-to-earnings ratio of Enertopia has increased by -168.65% 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 Enertopia high compared to other companies?
Yes, the price-to-earnings ratio of Enertopia is high compared to other companies.
How does an increase in the price-earnings ratio of Enertopia affect the company?
An increase in the price-earnings ratio of Enertopia 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 Enertopia affect the company?
A decrease in the price-earnings ratio of Enertopia 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 Enertopia?
Some factors that influence the price-earnings ratio of Enertopia are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Enertopia pay?
Over the past 12 months, Enertopia paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Enertopia is expected to pay a dividend of 0 USD.
What is the dividend yield of Enertopia?
The current dividend yield of Enertopia is .
When does Enertopia pay dividends?
Enertopia pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Enertopia?
Enertopia paid dividends every year for the past 0 years.
What is the dividend of Enertopia?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Enertopia located?
Enertopia is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Enertopia kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Enertopia from 5/24/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/24/2024.
When did Enertopia pay the last dividend?
The last dividend was paid out on 5/24/2024.
What was the dividend of Enertopia in the year 2023?
In the year 2023, Enertopia distributed 0 USD as dividends.
In which currency does Enertopia pay out the dividend?
The dividends of Enertopia are distributed in USD.
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Andere Kennzahlen von Enertopia
Our stock analysis for Enertopia 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 Enertopia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
