What is the price-to-earnings ratio of Methanex?
The price-earnings ratio of Methanex is currently 19.74.
Methanex P/E 2024
Methanex P/E
19.74
Ticker
MX.TO
ISIN
CA59151K1084
WKN
882639
As of Oct 6, 2024, Methanex's P/E ratio was 19.74, a 21.63% change from the 16.23 P/E ratio recorded in the previous year.
The Methanex P/E history
Methanex Aktienanalyse
What does Methanex do?
Methanex Corporation is a leading global manufacturer and supplier of methanol, an important chemical raw material. The Canadian company, headquartered in Vancouver, has been listed on the stock exchange since 1993. Methanex was initially focused on producing methanol from coal and later from natural gas. In the 1980s, the company recognized the potential of methanol as a clean fuel and developed new applications for the versatile molecule. Methanex operates production facilities in North and South America, New Zealand, and Europe, producing over 7 million tonnes of methanol annually. The company's business model is based on converting natural gas into methanol through a process called steam reforming. Methanol is used in various industries, including the chemical, plastics, and automotive industries. Methanex also has a business unit called Marketing and Logistics, responsible for selling and delivering methanol to customers. It is involved in developing new markets and applications for the molecule. Methanol is used as a fuel additive in the automotive industry to reduce emissions of carbon monoxide, nitrogen oxides, and volatile organic compounds. It is also used as a solvent, cleaning agent, and in the production of formaldehyde, acetaldehyde, and other chemicals. Methanex's Energy division focuses on the development of new gas reserves through partnerships with energy suppliers in Canada and the United States, as well as investments overseas, particularly in North Africa and the Middle East. In addition to its core business, Methanex has acquired diversification options and value-added through strategic acquisitions and investments. An example is the acquisition of Chile's Celanese methanol business in 2017, which strengthened Methanex's presence in South America and expanded its global production capacity. Overall, Methanex is a strong company with a broad product portfolio and a global presence, well-positioned to meet the demand for methanol in various industries and markets and to explore new opportunities for growth and innovation. Methanex ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Methanex's P/E Ratio
The Price to Earnings (P/E) Ratio of Methanex 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 Methanex'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 Methanex 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 Methanex’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 Methanex stock
How has the price-earnings ratio of Methanex changed compared to last year?
The price-to-earnings ratio of Methanex has increased by 21.63% 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 Methanex high compared to other companies?
Yes, the price-to-earnings ratio of Methanex is high compared to other companies.
How does an increase in the price-earnings ratio of Methanex affect the company?
An increase in the price-earnings ratio of Methanex 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 Methanex affect the company?
A decrease in the price-earnings ratio of Methanex 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 Methanex?
Some factors that influence the price-earnings ratio of Methanex are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Methanex pay?
Over the past 12 months, Methanex paid a dividend of 0.73 USD . This corresponds to a dividend yield of about 1.64 %. For the coming 12 months, Methanex is expected to pay a dividend of 0.82 USD.
What is the dividend yield of Methanex?
The current dividend yield of Methanex is 1.64 %.
When does Methanex pay dividends?
Methanex pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Methanex?
Methanex paid dividends every year for the past 24 years.
What is the dividend of Methanex?
For the upcoming 12 months, dividends amounting to 0.82 USD are expected. This corresponds to a dividend yield of 1.84 %.
In which sector is Methanex located?
Methanex is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Methanex kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Methanex from 9/30/2024 amounting to 0.185 USD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.
When did Methanex pay the last dividend?
The last dividend was paid out on 9/30/2024.
What was the dividend of Methanex in the year 2023?
In the year 2023, Methanex distributed 0.62 USD as dividends.
In which currency does Methanex pay out the dividend?
The dividends of Methanex are distributed in USD.
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Andere Kennzahlen von Methanex
Our stock analysis for Methanex 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 Methanex Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
