What is the price-to-earnings ratio of High Liner Foods?
The price-earnings ratio of High Liner Foods is currently 7.8.
High Liner Foods P/E 2024
High Liner Foods P/E
7.8
Ticker
HLF.TO
ISIN
CA4296951094
WKN
872694
As of Jun 30, 2024, High Liner Foods's P/E ratio was 7.8, a -32.76% change from the 11.6 P/E ratio recorded in the previous year.
The High Liner Foods P/E history
High Liner Foods Aktienanalyse
What does High Liner Foods do?
High Liner Foods Inc is a leading provider of frozen fish and seafood products in North America. The company was founded in 1899 and is headquartered in Lunenburg, Nova Scotia. Since the early 1960s, High Liner Foods has specialized in the production and distribution of frozen products. Translation: High Liner Foods Inc is a leading provider of frozen fish and seafood products in North America. The company was founded in 1899 and is headquartered in Lunenburg, Nova Scotia. Since the early 1960s, High Liner Foods has specialized in the production and distribution of frozen products. High Liner Foods ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering High Liner Foods's P/E Ratio
The Price to Earnings (P/E) Ratio of High Liner Foods 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 High Liner Foods'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 High Liner Foods 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 High Liner Foods’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 High Liner Foods Stock
How has the price-earnings ratio of High Liner Foods changed compared to last year?
The price-to-earnings ratio of High Liner Foods has increased by -32.76% 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 Liner Foods high compared to other companies?
Yes, the price-to-earnings ratio of High Liner Foods is high compared to other companies.
How does an increase in the price-earnings ratio of High Liner Foods affect the company?
An increase in the price-earnings ratio of High Liner Foods 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 Liner Foods affect the company?
A decrease in the price-earnings ratio of High Liner Foods 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 Liner Foods?
Some factors that influence the price-earnings ratio of High Liner Foods are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does High Liner Foods pay?
Over the past 12 months, High Liner Foods paid a dividend of 0.54 USD . This corresponds to a dividend yield of about 5.52 %. For the coming 12 months, High Liner Foods is expected to pay a dividend of 0.6 USD.
What is the dividend yield of High Liner Foods?
The current dividend yield of High Liner Foods is 5.52 %.
When does High Liner Foods pay dividends?
High Liner Foods pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of High Liner Foods?
High Liner Foods paid dividends every year for the past 23 years.
What is the dividend of High Liner Foods?
For the upcoming 12 months, dividends amounting to 0.6 USD are expected. This corresponds to a dividend yield of 6.18 %.
In which sector is High Liner Foods located?
High Liner Foods is assigned to the 'Non-cyclical consumption' sector.
Wann musste ich die Aktien von High Liner Foods kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of High Liner Foods from 6/15/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.
When did High Liner Foods pay the last dividend?
The last dividend was paid out on 6/15/2024.
What was the dividend of High Liner Foods in the year 2023?
In the year 2023, High Liner Foods distributed 0.43 USD as dividends.
In which currency does High Liner Foods pay out the dividend?
The dividends of High Liner Foods are distributed in USD.
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Andere Kennzahlen von High Liner Foods
Our stock analysis for High Liner Foods 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 Liner Foods Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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