Greencoat Renewables Stock

Greencoat Renewables P/E 2024

Greencoat Renewables P/E

9.32

Ticker

GRP.IR

ISIN

IE00BF2NR112

WKN

A2DTQZ

As of Sep 25, 2024, Greencoat Renewables's P/E ratio was 9.32, a -46.25% change from the 17.34 P/E ratio recorded in the previous year.

The Greencoat Renewables P/E history

Greencoat Renewables Aktienanalyse

What does Greencoat Renewables do?

Greencoat Renewables PLC is a leading Irish renewable energy company that was founded in 2017. Its business model focuses on investing in and operating renewable energy facilities to produce clean and affordable energy. It currently operates 13 wind parks and 4 solar parks in Ireland, with an emphasis on wind and solar energy. Greencoat Renewables aims to reduce CO2 emissions and promote a green economy. The company is listed on the Irish and London stock exchanges. It specializes in renewable energy investments, acting as a landlord and operator of wind and solar parks to enable clean and affordable energy supply. Greencoat Renewables follows a "Buy and Hold" investment strategy, making long-term investments in wind and solar parks and operating them for many years. This allows the company to generate stable and predictable returns, offering investors long-term profitability. Rather than constructing wind and solar parks themselves, Greencoat Renewables invests in existing or developed facilities. The rental income from these facilities is paid to the operators of the wind and solar parks. The company focuses on developing new technologies to enhance energy efficiency and accelerate the transition to renewable energy. It particularly emphasizes the development of smart energy infrastructure and networks to optimize the utilization of renewable energy sources. Greencoat Renewables has a strong presence in the Irish market and also operates internationally. It has made investments in Denmark, France, and Portugal in Europe. In addition to wind and solar parks, Greencoat Renewables also has a pipeline of projects currently under development. The company aims to expand its portfolio and invest in new projects that support clean energy production. By creating a growing demand for renewable energy, Greencoat Renewables actively supports the transition towards a clean and sustainable economy. Greencoat Renewables ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Greencoat Renewables's P/E Ratio

The Price to Earnings (P/E) Ratio of Greencoat Renewables 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 Greencoat Renewables'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 Greencoat Renewables 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 Greencoat Renewables’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 Greencoat Renewables stock

What is the price-to-earnings ratio of Greencoat Renewables?

The price-earnings ratio of Greencoat Renewables is currently 9.32.

How has the price-earnings ratio of Greencoat Renewables changed compared to last year?

The price-to-earnings ratio of Greencoat Renewables has increased by -46.25% 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 Greencoat Renewables high compared to other companies?

Yes, the price-to-earnings ratio of Greencoat Renewables is high compared to other companies.

How does an increase in the price-earnings ratio of Greencoat Renewables affect the company?

An increase in the price-earnings ratio of Greencoat Renewables 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 Greencoat Renewables affect the company?

A decrease in the price-earnings ratio of Greencoat Renewables 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 Greencoat Renewables?

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

How much dividend does Greencoat Renewables pay?

Over the past 12 months, Greencoat Renewables paid a dividend of 0.06 EUR . This corresponds to a dividend yield of about 6.77 %. For the coming 12 months, Greencoat Renewables is expected to pay a dividend of 0.06 EUR.

What is the dividend yield of Greencoat Renewables?

The current dividend yield of Greencoat Renewables is 6.77 %.

When does Greencoat Renewables pay dividends?

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

How secure is the dividend of Greencoat Renewables?

Greencoat Renewables paid dividends every year for the past 9 years.

What is the dividend of Greencoat Renewables?

For the upcoming 12 months, dividends amounting to 0.06 EUR are expected. This corresponds to a dividend yield of 6.87 %.

In which sector is Greencoat Renewables located?

Greencoat Renewables is assigned to the '-' sector.

Wann musste ich die Aktien von Greencoat Renewables kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Greencoat Renewables from 8/23/2024 amounting to 0.017 EUR, you needed to have the stock in your portfolio before the ex-date on 8/1/2024.

When did Greencoat Renewables pay the last dividend?

The last dividend was paid out on 8/23/2024.

What was the dividend of Greencoat Renewables in the year 2023?

In the year 2023, Greencoat Renewables distributed 0.062 EUR as dividends.

In which currency does Greencoat Renewables pay out the dividend?

The dividends of Greencoat Renewables are distributed in EUR.

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Andere Kennzahlen von Greencoat Renewables

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