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Heroux Devtek - Stock

Heroux Devtek P/E 2024

Heroux Devtek P/E

20.37

Ticker

HRX.TO

ISIN

CA42774L1094

WKN

615408

As of Jul 3, 2024, Heroux Devtek's P/E ratio was 20.37, a -38.83% change from the 33.3 P/E ratio recorded in the previous year.

The Heroux Devtek P/E history

Heroux Devtek Aktienanalyse

What does Heroux Devtek do?

Héroux-Devtek Inc. is a company that manufactures components and systems for the aerospace industry. The company was founded in 1942 and is headquartered in Longueuil, Quebec, Canada. Today, it is a leading provider of landing gear systems, fuel systems, hydromechanical systems, and control systems for various types of aircraft such as military, civil, and regional planes, as well as helicopters and aerospace systems. The company's business model is based on developing and manufacturing high-quality products that offer a high level of safety and reliability. It is divided into five main areas: landing gear systems, hydromechanical systems, control systems, fuel systems, and other products. In addition to its products, the company also offers services such as repair, overhaul, and maintenance of aircraft components. Overall, Héroux-Devtek Inc. is known for its quality and reliability in the aerospace industry and has earned a good reputation over the years. Heroux Devtek ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Heroux Devtek's P/E Ratio

The Price to Earnings (P/E) Ratio of Heroux Devtek 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 Heroux Devtek'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 Heroux Devtek 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 Heroux Devtek’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 Heroux Devtek Stock

What is the price-to-earnings ratio of Heroux Devtek?

The price-earnings ratio of Heroux Devtek is currently 20.37.

How has the price-earnings ratio of Heroux Devtek changed compared to last year?

The price-to-earnings ratio of Heroux Devtek has increased by -38.83% 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 Heroux Devtek high compared to other companies?

Yes, the price-to-earnings ratio of Heroux Devtek is high compared to other companies.

How does an increase in the price-earnings ratio of Heroux Devtek affect the company?

An increase in the price-earnings ratio of Heroux Devtek 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 Heroux Devtek affect the company?

A decrease in the price-earnings ratio of Heroux Devtek 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 Heroux Devtek?

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

How much dividend does Heroux Devtek pay?

Over the past 12 months, Heroux Devtek paid a dividend of 5 CAD . This corresponds to a dividend yield of about 20.03 %. For the coming 12 months, Heroux Devtek is expected to pay a dividend of 0 CAD.

What is the dividend yield of Heroux Devtek?

The current dividend yield of Heroux Devtek is 20.03 %.

When does Heroux Devtek pay dividends?

Heroux Devtek pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Heroux Devtek?

Heroux Devtek paid dividends every year for the past 3 years.

What is the dividend of Heroux Devtek?

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

In which sector is Heroux Devtek located?

Heroux Devtek is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Heroux Devtek kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Heroux Devtek from 12/19/2012 amounting to 5 CAD, you needed to have the stock in your portfolio before the ex-date on 12/20/2012.

When did Heroux Devtek pay the last dividend?

The last dividend was paid out on 12/19/2012.

What was the dividend of Heroux Devtek in the year 2023?

In the year 2023, Heroux Devtek distributed 0 CAD as dividends.

In which currency does Heroux Devtek pay out the dividend?

The dividends of Heroux Devtek are distributed in CAD.

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Andere Kennzahlen von Heroux Devtek

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