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Greenlane Renewables Stock

Greenlane Renewables P/E 2024

Greenlane Renewables P/E

-2.33

Ticker

GRN.TO

ISIN

CA3953321096

WKN

A2PW90

As of Oct 3, 2024, Greenlane Renewables's P/E ratio was -2.33, a 64.08% change from the -1.42 P/E ratio recorded in the previous year.

The Greenlane Renewables P/E history

Greenlane Renewables Aktienanalyse

What does Greenlane Renewables do?

Greenlane Renewables ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Greenlane Renewables's P/E Ratio

The Price to Earnings (P/E) Ratio of Greenlane 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 Greenlane 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 Greenlane 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 Greenlane 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 Greenlane Renewables stock

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

The price-earnings ratio of Greenlane Renewables is currently -2.33.

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

The price-to-earnings ratio of Greenlane Renewables has increased by 64.08% increased 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 Greenlane Renewables high compared to other companies?

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

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

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

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

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

How much dividend does Greenlane Renewables pay?

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

What is the dividend yield of Greenlane Renewables?

The current dividend yield of Greenlane Renewables is .

When does Greenlane Renewables pay dividends?

Greenlane Renewables pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Greenlane Renewables?

Greenlane Renewables paid dividends every year for the past 0 years.

What is the dividend of Greenlane Renewables?

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

In which sector is Greenlane Renewables located?

Greenlane Renewables is assigned to the 'Energy' sector.

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

To receive the latest dividend of Greenlane Renewables from 10/3/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.

When did Greenlane Renewables pay the last dividend?

The last dividend was paid out on 10/3/2024.

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

In the year 2023, Greenlane Renewables distributed 0 CAD as dividends.

In which currency does Greenlane Renewables pay out the dividend?

The dividends of Greenlane Renewables are distributed in CAD.

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Andere Kennzahlen von Greenlane Renewables

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