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Hammond Power Solutions Stock

Hammond Power Solutions P/E 2024

Hammond Power Solutions P/E

23.89

Ticker

HPS.A.TO

ISIN

CA4085491039

WKN

A0LF51

As of Sep 14, 2024, Hammond Power Solutions's P/E ratio was 23.89, a 200.5% change from the 7.95 P/E ratio recorded in the previous year.

The Hammond Power Solutions P/E history

Hammond Power Solutions Aktienanalyse

What does Hammond Power Solutions do?

Hammond Power Solutions Inc is a company that offers a wide range of electrical engineering products and services. The company was founded in 1917 and is headquartered in Guelph, Ontario, Canada. The company specializes in the development and manufacturing of electrical transformers, chokes, filters, motors, and power supplies. These products are used in a variety of industries, such as power generation and distribution, automotive, aviation, transportation, and industrial automation. Hammond Power Solutions Inc has a long history in the electrical engineering industry. Over the past 100 years, the company has built a reputation for quality and innovation. The company has received multiple awards and has obtained numerous patents for its products. Hammond Power Solutions operates four business divisions: Transformers, Chokes, Filters & Protection, and Power Supplies. Each division offers a variety of products tailored to specific industry requirements. The Transformer Division of Hammond Power Solutions produces a wide range of transformer products serving both the industrial and power supply industries. The product range includes oil-immersed transformers, VPI transformers, and traction transformers, among others. The Choke Division of Hammond Power Solutions manufactures electrical chokes used in various applications such as compressed air systems, UPS systems, and industrial automation systems. These products are designed for highest quality to ensure reliability and performance. The Filters & Protection Division of the company produces filter systems and surge protection devices used in areas such as telecommunications and industrial equipment. The products are developed to improve the stability and productivity of the devices they are used in. The Power Supply Division of Hammond Power Solutions manufactures custom AC/DC, DC/DC, switching, linear technology, and custom power supplies. These products are used in a variety of applications such as aviation, rail transportation, telecommunications, and medical equipment. In addition to producing high-quality electrical engineering products, Hammond Power Solutions also offers a wide range of services. The company has an experienced team of technicians and engineers who assist customers in product development, testing, and evaluation. Hammond Power Solutions products are characterized by innovative technologies and highest quality. The company places great emphasis on research and development to ensure that its products meet the latest technological standards. The company also works closely with customers to ensure that its products meet their requirements. Overall, Hammond Power Solutions Inc is a leading company in the electrical engineering industry. With a wide product range, an experienced team of engineers and technicians, and a reputation for quality and innovation, the company has a long and successful history. Hammond Power Solutions ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Hammond Power Solutions's P/E Ratio

The Price to Earnings (P/E) Ratio of Hammond Power Solutions 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 Hammond Power Solutions'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 Hammond Power Solutions 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 Hammond Power Solutions’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 Hammond Power Solutions stock

What is the price-to-earnings ratio of Hammond Power Solutions?

The price-earnings ratio of Hammond Power Solutions is currently 23.89.

How has the price-earnings ratio of Hammond Power Solutions changed compared to last year?

The price-to-earnings ratio of Hammond Power Solutions has increased by 200.5% 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 Hammond Power Solutions high compared to other companies?

Yes, the price-to-earnings ratio of Hammond Power Solutions is high compared to other companies.

How does an increase in the price-earnings ratio of Hammond Power Solutions affect the company?

An increase in the price-earnings ratio of Hammond Power Solutions 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 Hammond Power Solutions affect the company?

A decrease in the price-earnings ratio of Hammond Power Solutions 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 Hammond Power Solutions?

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

How much dividend does Hammond Power Solutions pay?

Over the past 12 months, Hammond Power Solutions paid a dividend of 0.55 CAD . This corresponds to a dividend yield of about 0.43 %. For the coming 12 months, Hammond Power Solutions is expected to pay a dividend of 0.67 CAD.

What is the dividend yield of Hammond Power Solutions?

The current dividend yield of Hammond Power Solutions is 0.43 %.

When does Hammond Power Solutions pay dividends?

Hammond Power Solutions pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Hammond Power Solutions?

Hammond Power Solutions paid dividends every year for the past 18 years.

What is the dividend of Hammond Power Solutions?

For the upcoming 12 months, dividends amounting to 0.67 CAD are expected. This corresponds to a dividend yield of 0.52 %.

In which sector is Hammond Power Solutions located?

Hammond Power Solutions is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hammond Power Solutions kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hammond Power Solutions from 6/25/2024 amounting to 0.275 CAD, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Hammond Power Solutions pay the last dividend?

The last dividend was paid out on 6/25/2024.

What was the dividend of Hammond Power Solutions in the year 2023?

In the year 2023, Hammond Power Solutions distributed 0.385 CAD as dividends.

In which currency does Hammond Power Solutions pay out the dividend?

The dividends of Hammond Power Solutions are distributed in CAD.

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Andere Kennzahlen von Hammond Power Solutions

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