What is the price-to-earnings ratio of High Arctic Energy Services?
The price-earnings ratio of High Arctic Energy Services is currently 0.37.
High Arctic Energy Services P/S 2024
High Arctic Energy Services P/S
0.37
Ticker
HWO.TO
ISIN
CA4296442060
WKN
A1JB5E
As of Sep 30, 2024, High Arctic Energy Services's P/S ratio stood at 0.37, a -62.24% change from the 0.98 P/S ratio recorded in the previous year.
The High Arctic Energy Services P/S history
High Arctic Energy Services Aktienanalyse
What does High Arctic Energy Services do?
High Arctic Energy Services Inc is a Canadian energy company that specializes in services and solutions for the oil, gas, and mining industries. The company has been operating since 1993 and is headquartered in Red Deer, Alberta, Canada. Since 2003, High Arctic Energy Services Inc has been listed on the Toronto Stock Exchange. High Arctic Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding High Arctic Energy Services's P/S Ratio
High Arctic Energy Services's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing High Arctic Energy Services's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating High Arctic Energy Services's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in High Arctic Energy Services’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about High Arctic Energy Services stock
How has the price-earnings ratio of High Arctic Energy Services changed compared to last year?
The price-to-earnings ratio of High Arctic Energy Services has increased by -62.24% 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 High Arctic Energy Services high compared to other companies?
Yes, the price-to-earnings ratio of High Arctic Energy Services is high compared to other companies.
How does an increase in the price-earnings ratio of High Arctic Energy Services affect the company?
An increase in the price-earnings ratio of High Arctic Energy Services 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 High Arctic Energy Services affect the company?
A decrease in the price-earnings ratio of High Arctic Energy Services 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 High Arctic Energy Services?
Some factors that influence the price-earnings ratio of High Arctic Energy Services are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does High Arctic Energy Services pay?
Over the past 12 months, High Arctic Energy Services paid a dividend of 0.05 CAD . This corresponds to a dividend yield of about 4.02 %. For the coming 12 months, High Arctic Energy Services is expected to pay a dividend of 0.04 CAD.
What is the dividend yield of High Arctic Energy Services?
The current dividend yield of High Arctic Energy Services is 4.02 %.
When does High Arctic Energy Services pay dividends?
High Arctic Energy Services pays a quarterly dividend. This is distributed in the months of September, October, August, August.
How secure is the dividend of High Arctic Energy Services?
High Arctic Energy Services paid dividends every year for the past 15 years.
What is the dividend of High Arctic Energy Services?
For the upcoming 12 months, dividends amounting to 0.04 CAD are expected. This corresponds to a dividend yield of 3.64 %.
In which sector is High Arctic Energy Services located?
High Arctic Energy Services is assigned to the 'Energy' sector.
Wann musste ich die Aktien von High Arctic Energy Services kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of High Arctic Energy Services from 7/17/2024 amounting to 0.76 CAD, you needed to have the stock in your portfolio before the ex-date on 7/18/2024.
When did High Arctic Energy Services pay the last dividend?
The last dividend was paid out on 7/17/2024.
What was the dividend of High Arctic Energy Services in the year 2023?
In the year 2023, High Arctic Energy Services distributed 0.05 CAD as dividends.
In which currency does High Arctic Energy Services pay out the dividend?
The dividends of High Arctic Energy Services are distributed in CAD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von High Arctic Energy Services
Our stock analysis for High Arctic Energy Services 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 High Arctic Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- High Arctic Energy Services Revenue
- High Arctic Energy Services Net Income
- High Arctic Energy Services P/E
- High Arctic Energy Services P/S
- High Arctic Energy Services EBIT
- High Arctic Energy Services Dividend
- High Arctic Energy Services Stocks
- High Arctic Energy Services Market capitalization
- High Arctic Energy Services Debt
- High Arctic Energy Services Liabilities
- High Arctic Energy Services Equity
- High Arctic Energy Services AAQS
- High Arctic Energy Services Employees
- High Arctic Energy Services ROE
- High Arctic Energy Services ROA
- High Arctic Energy Services ROCE
