What is the price-to-earnings ratio of Hydro One?
The price-earnings ratio of Hydro One is currently 2.86.
Hydro One P/S 2024
Hydro One P/S
2.86
Ticker
H.TO
ISIN
CA4488112083
WKN
A143AD
As of Dec 18, 2024, Hydro One's P/S ratio stood at 2.86, a -2.39% change from the 2.93 P/S ratio recorded in the previous year.
The Hydro One P/S history
Hydro One Aktienanalyse
What does Hydro One do?
Hydro One Ltd. is a leading Canadian energy utility company that operates and manages electricity transmission and distribution networks, as well as power generation facilities in Ontario, Canada. The company was founded in 1906 as the Hydro-Electric Power Commission of Ontario and later renamed to Hydro One. With the acquisition of Ontario Hydro in 1999, Hydro One became the largest energy utility company in Ontario. Since then, Hydro One has steadily expanded its business to meet growing demand. The company is headquartered in Toronto, Canada, and employs over 8,500 employees. Hydro One's business model includes the operation of four business segments: Transmission, Distribution, Customer Care, and Other Operations. Transmission focuses on operating the high-voltage transmission system that enables effective electricity transmission throughout Ontario. The transmission system consists of over 30,000 km of power lines, 900 substations and switchyards, and 50,000 km of high-voltage cables. Distribution focuses on operating the distribution network that delivers electricity from the transmission lines to households and businesses in Ontario. The distribution network consists of over 123,000 km of power lines and 1,400 switchyards. Customer Care focuses on increasing customer satisfaction and loyalty by providing effective customer support and assistance. The customer care segment offers various services such as billing, troubleshooting, energy efficiency programs, and consultation. Other Operations include other business segments such as Hydro One's energy market facilities, including the Ontario Power Authority, the Independent Electricity System Operator, and the Ontario Energy Board. The company also operates renewable energy facilities such as hydroelectric power plants. Hydro One offers a variety of products and services, including electricity, smart grid technology, energy efficiency programs, and renewable energy sources. The company is committed to ensuring the safe and reliable supply of energy to customers while promoting environmental protection. Hydro One also plans to expand its network by constructing new transmission and distribution lines. The company also plans to incorporate renewable energy sources such as wind, solar, and hydro power. Overall, Hydro One is a significant player in the Canadian energy utility industry. The company has established itself as a leading provider of energy infrastructure and operates one of the largest power supply networks in the world. Hydro One is committed to maintaining its dedication to safety, reliability, and innovation in energy supply while promoting the transition to renewable energy sources. Translate this as near as possible to French. Hydro One ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Hydro One's P/S Ratio
Hydro One'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 Hydro One'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 Hydro One'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 Hydro One’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 Hydro One stock
How has the price-earnings ratio of Hydro One changed compared to last year?
The price-to-earnings ratio of Hydro One has increased by -2.39% 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 Hydro One high compared to other companies?
Yes, the price-to-earnings ratio of Hydro One is high compared to other companies.
How does an increase in the price-earnings ratio of Hydro One affect the company?
An increase in the price-earnings ratio of Hydro One 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 Hydro One affect the company?
A decrease in the price-earnings ratio of Hydro One 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 Hydro One?
Some factors that influence the price-earnings ratio of Hydro One are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Hydro One pay?
Over the past 12 months, Hydro One paid a dividend of 1.17 CAD . This corresponds to a dividend yield of about 2.64 %. For the coming 12 months, Hydro One is expected to pay a dividend of 1.21 CAD.
What is the dividend yield of Hydro One?
The current dividend yield of Hydro One is 2.64 %.
When does Hydro One pay dividends?
Hydro One pays a quarterly dividend. This is distributed in the months of April, July, October, January.
How secure is the dividend of Hydro One?
Hydro One paid dividends every year for the past 13 years.
What is the dividend of Hydro One?
For the upcoming 12 months, dividends amounting to 1.21 CAD are expected. This corresponds to a dividend yield of 2.74 %.
In which sector is Hydro One located?
Hydro One is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Hydro One kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Hydro One from 12/31/2024 amounting to 0.314 CAD, you needed to have the stock in your portfolio before the ex-date on 12/11/2024.
When did Hydro One pay the last dividend?
The last dividend was paid out on 12/31/2024.
What was the dividend of Hydro One in the year 2023?
In the year 2023, Hydro One distributed 1.105 CAD as dividends.
In which currency does Hydro One pay out the dividend?
The dividends of Hydro One are distributed in CAD.
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Andere Kennzahlen von Hydro One
Our stock analysis for Hydro One 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 Hydro One Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
