What is the price-to-earnings ratio of Linamar?
The price-earnings ratio of Linamar is currently 6.91.
Linamar P/E 2024
Linamar P/E
6.91
Ticker
LNR.TO
ISIN
CA53278L1076
WKN
905977
As of Nov 16, 2024, Linamar's P/E ratio was 6.91, a -8.36% change from the 7.54 P/E ratio recorded in the previous year.
The Linamar P/E history
Linamar Aktienanalyse
What does Linamar do?
The Linamar Corporation is a Canadian company in the automotive industry that was founded in 1966. The company is headquartered in Guelph, Ontario, Canada and operates worldwide. Linamar is a leading manufacturer of precision components and systems for the automotive, transportation, and construction industries. The company produces hydraulic, clutch, and motor systems, as well as drivetrains, electronic parts, and other components. Business model and divisions: Linamar is divided into four business segments: 1. Powertrain: This includes mechanical and electronic drivetrains, including transmissions, differentials, bearing systems, and engine blocks. 2. Precision Machining: Linamar specializes in the production of precision components such as gearbox housings, axles, engine blocks, and camshafts. 3. Forging: In this area, Linamar produces precision steel blanks used in drivetrain and chassis technology. 4. Skyjack: Skyjack specializes in the manufacture of hydraulic work platforms. The company produces telescopic, scissor, articulated, mast, and vertical work platforms. Products: Linamar produces a variety of products for the automotive industry, including transmissions, driveshafts, camshafts, and valve tappets. The company also manufactures engine parts such as crankshafts, pistons, timing chains, and spark plugs. In the construction industry, Linamar's products can be found in hydraulic work platforms, road construction machinery, cranes, and concrete mixers. History: Linamar was founded in 1966 by Frank Hasenfratz. Hasenfratz immigrated to Canada in 1955 and initially worked as a machine mechanic. He founded his own company to implement his own ideas. Since its founding, Linamar has continuously evolved and has become one of the largest Canadian companies. In 2018, Linamar had revenues of $7.6 billion. Conclusion: The Linamar Corporation is a leading manufacturer of precision components and systems for the automotive, transportation, and construction industries. The company operates worldwide and produces a variety of products such as transmissions, driveshafts, camshafts, and work platforms. Linamar is divided into four business segments: Powertrain, Precision Machining, Forging, and Skyjack. Linamar ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Linamar's P/E Ratio
The Price to Earnings (P/E) Ratio of Linamar 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 Linamar'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 Linamar 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 Linamar’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 Linamar stock
How has the price-earnings ratio of Linamar changed compared to last year?
The price-to-earnings ratio of Linamar has increased by -8.36% 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 Linamar high compared to other companies?
Yes, the price-to-earnings ratio of Linamar is high compared to other companies.
How does an increase in the price-earnings ratio of Linamar affect the company?
An increase in the price-earnings ratio of Linamar 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 Linamar affect the company?
A decrease in the price-earnings ratio of Linamar 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 Linamar?
Some factors that influence the price-earnings ratio of Linamar are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Linamar pay?
Over the past 12 months, Linamar paid a dividend of 0.88 CAD . This corresponds to a dividend yield of about 1.44 %. For the coming 12 months, Linamar is expected to pay a dividend of 0.95 CAD.
What is the dividend yield of Linamar?
The current dividend yield of Linamar is 1.44 %.
When does Linamar pay dividends?
Linamar pays a quarterly dividend. This is distributed in the months of December, April, June, September.
How secure is the dividend of Linamar?
Linamar paid dividends every year for the past 23 years.
What is the dividend of Linamar?
For the upcoming 12 months, dividends amounting to 0.95 CAD are expected. This corresponds to a dividend yield of 1.55 %.
In which sector is Linamar located?
Linamar is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Linamar kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Linamar from 9/9/2024 amounting to 0.25 CAD, you needed to have the stock in your portfolio before the ex-date on 8/23/2024.
When did Linamar pay the last dividend?
The last dividend was paid out on 9/9/2024.
What was the dividend of Linamar in the year 2023?
In the year 2023, Linamar distributed 0.8 CAD as dividends.
In which currency does Linamar pay out the dividend?
The dividends of Linamar are distributed in CAD.
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Andere Kennzahlen von Linamar
Our stock analysis for Linamar 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 Linamar Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
