What is the price-to-earnings ratio of Methanex?
The price-earnings ratio of Methanex is currently 0.9.
Methanex P/S 2024
Methanex P/S
0.9
Ticker
MX.TO
ISIN
CA59151K1084
WKN
882639
As of Sep 13, 2024, Methanex's P/S ratio stood at 0.9, a 18.42% change from the 0.76 P/S ratio recorded in the previous year.
The Methanex P/S 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/S Details
Decoding Methanex's P/S Ratio
Methanex'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 Methanex'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 Methanex'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 Methanex’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 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 18.42% 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 2 %. 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 2 %.
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 2.24 %.
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.
