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Innergex Renewable Energy Stock

Innergex Renewable Energy P/E 2024

Innergex Renewable Energy P/E

-57.02

Ticker

INE.TO

ISIN

CA45790B1040

WKN

A0M9S7

As of Sep 29, 2024, Innergex Renewable Energy's P/E ratio was -57.02, a 108.25% change from the -27.38 P/E ratio recorded in the previous year.

The Innergex Renewable Energy P/E history

Innergex Renewable Energy Aktienanalyse

What does Innergex Renewable Energy do?

Innergex Renewable Energy Inc. is a Canadian company that was founded in 1990 and is headquartered in Longueuil, Quebec. The company operates in the renewable energy sector and employs over 500 employees. Innergex's business model focuses on the development, construction, operation, and maintenance of renewable energy projects in North America and Europe. The company utilizes various technologies such as hydropower, wind power, and solar energy. Innergex operates a total of 68 power plants with an installed capacity of over 2,600 megawatts. In the hydropower segment, they operate 36 run-of-the-river power plants and pipelines, delivering a total of around 1,000 megawatts. In the wind segment, they are represented by 20 wind farms delivering around 1,500 MW. The solar segment is also being expanded. Innergex Renewable Energy Inc. offers a wide range of products, including the entire process chain of planning, construction, operation, and maintenance of renewable energy generation facilities. This includes hydropower plants, wind farms, and solar installations. In recent years, the company has significantly expanded its portfolio in the solar energy and wind power sectors. Innergex has made investments of approximately $6 billion in renewable energy in recent years. The company plans to continue growing and investing in renewable energy in the future. The company has a clear focus on sustainability and sets high standards in terms of environmental protection and social responsibility. Innergex actively participates in the fight against climate change and takes a leading role in the development of renewable energy. In summary, Innergex Renewable Energy Inc. is a leading developer and operator of renewable energy projects in North America and Europe. The company offers a wide range of products and has made significant investments in the solar energy and wind power sectors in recent years. Innergex places great importance on sustainability and sets high standards in terms of environmental protection and social responsibility. The company aims for further growth and intends to continue investing in renewable energy in the future. Innergex Renewable Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Innergex Renewable Energy's P/E Ratio

The Price to Earnings (P/E) Ratio of Innergex Renewable Energy 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 Innergex Renewable Energy'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 Innergex Renewable Energy 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 Innergex Renewable Energy’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 Innergex Renewable Energy stock

What is the price-to-earnings ratio of Innergex Renewable Energy?

The price-earnings ratio of Innergex Renewable Energy is currently -57.02.

How has the price-earnings ratio of Innergex Renewable Energy changed compared to last year?

The price-to-earnings ratio of Innergex Renewable Energy has increased by 108.25% 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 Innergex Renewable Energy high compared to other companies?

Yes, the price-to-earnings ratio of Innergex Renewable Energy is high compared to other companies.

How does an increase in the price-earnings ratio of Innergex Renewable Energy affect the company?

An increase in the price-earnings ratio of Innergex Renewable Energy 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 Innergex Renewable Energy affect the company?

A decrease in the price-earnings ratio of Innergex Renewable Energy 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 Innergex Renewable Energy?

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

How much dividend does Innergex Renewable Energy pay?

Over the past 12 months, Innergex Renewable Energy paid a dividend of 0.72 CAD . This corresponds to a dividend yield of about 6.84 %. For the coming 12 months, Innergex Renewable Energy is expected to pay a dividend of 0.82 CAD.

What is the dividend yield of Innergex Renewable Energy?

The current dividend yield of Innergex Renewable Energy is 6.84 %.

When does Innergex Renewable Energy pay dividends?

Innergex Renewable Energy pays a quarterly dividend. This is distributed in the months of April, July, October, October.

How secure is the dividend of Innergex Renewable Energy?

Innergex Renewable Energy paid dividends every year for the past 1 years.

What is the dividend of Innergex Renewable Energy?

For the upcoming 12 months, dividends amounting to 0.82 CAD are expected. This corresponds to a dividend yield of 7.81 %.

In which sector is Innergex Renewable Energy located?

Innergex Renewable Energy is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Innergex Renewable Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Innergex Renewable Energy from 10/15/2024 amounting to 0.07 CAD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did Innergex Renewable Energy pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Innergex Renewable Energy in the year 2023?

In the year 2023, Innergex Renewable Energy distributed 0.72 CAD as dividends.

In which currency does Innergex Renewable Energy pay out the dividend?

The dividends of Innergex Renewable Energy are distributed in CAD.

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Andere Kennzahlen von Innergex Renewable Energy

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