Northland Power - Stock

Northland Power P/E 2024

Northland Power P/E

20.79

Ticker

NPI.TO

ISIN

CA6665111002

WKN

A1H5MB

As of Jun 16, 2024, Northland Power's P/E ratio was 20.79, a -150.31% change from the -41.32 P/E ratio recorded in the previous year.

The Northland Power P/E history

Northland Power Aktienanalyse

What does Northland Power do?

Northland Power Inc is a Canadian company that was founded in 1987 and has been listed on the Toronto Stock Exchange since 1997. It is a leading independent power producer specializing in renewable energy sources. The company is headquartered in Toronto, Ontario, and also operates offices in Europe and Asia. Please note that the output should be written entirely in English. Northland Power ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Northland Power's P/E Ratio

The Price to Earnings (P/E) Ratio of Northland Power 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 Northland Power'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 Northland Power 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 Northland Power’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 Northland Power Stock

What is the price-to-earnings ratio of Northland Power?

The price-earnings ratio of Northland Power is currently 20.79.

How has the price-earnings ratio of Northland Power changed compared to last year?

The price-to-earnings ratio of Northland Power has increased by -150.31% 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 Northland Power high compared to other companies?

Yes, the price-to-earnings ratio of Northland Power is high compared to other companies.

How does an increase in the price-earnings ratio of Northland Power affect the company?

An increase in the price-earnings ratio of Northland Power 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 Northland Power affect the company?

A decrease in the price-earnings ratio of Northland Power 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 Northland Power?

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

How much dividend does Northland Power pay?

Over the past 12 months, Northland Power paid a dividend of 1.2 CAD . This corresponds to a dividend yield of about 5.03 %. For the coming 12 months, Northland Power is expected to pay a dividend of 1.27 CAD.

What is the dividend yield of Northland Power?

The current dividend yield of Northland Power is 5.03 %.

When does Northland Power pay dividends?

Northland Power pays a quarterly dividend. This is distributed in the months of March, April, May, June.

How secure is the dividend of Northland Power?

Northland Power paid dividends every year for the past 24 years.

What is the dividend of Northland Power?

For the upcoming 12 months, dividends amounting to 1.27 CAD are expected. This corresponds to a dividend yield of 5.32 %.

In which sector is Northland Power located?

Northland Power is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Northland Power kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northland Power from 6/17/2024 amounting to 0.1 CAD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Northland Power pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Northland Power in the year 2023?

In the year 2023, Northland Power distributed 1.2 CAD as dividends.

In which currency does Northland Power pay out the dividend?

The dividends of Northland Power are distributed in CAD.

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Andere Kennzahlen von Northland Power

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