What is the price-to-earnings ratio of Parkland?
The price-earnings ratio of Parkland is currently 22.51.
Parkland P/E 2024
Parkland P/E
22.51
Ticker
PKI.TO
ISIN
CA70137W1086
WKN
A2P42F
As of Dec 5, 2024, Parkland's P/E ratio was 22.51, a 76.27% change from the 12.77 P/E ratio recorded in the previous year.
The Parkland P/E history
Parkland Aktienanalyse
What does Parkland do?
Parkland Corp is a Canadian company specializing in the marketing and sale of fuels and other energy products. The company was founded in 1977 as Canada's first independent gas station operator and has since expanded its offerings. The business model of Parkland Corp is to supply customers across the country with a wide range of fuels, heating oil, lubricants, propane, and other energy products. The company operates an extensive distribution and logistics infrastructure that allows it to efficiently deliver and provide these products. It has a network of its own gas stations as well as franchise partners distributing under the Parkland brand. Today, Parkland is one of the largest and most diverse energy suppliers in North America. The company operates over 2,800 gas stations in Canada, the US, and Mexico and supplies numerous other facilities, including airports, grocery stores, auto repair shops, and industrial plants. It specializes in offering customized solutions and tailoring its services to meet the needs of its customers. Parkland Corp's offerings include a wide range of products and services. These include various types of fuels and heating oil, lubricants, propane, as well as maintenance and purchase financing services. The company also provides comprehensive solutions for the energy needs of vehicle fleets, including fuel cards, fleet management tools, and other services. In addition to its core business, Parkland also operates a number of business units focusing on specialized areas. These include Parkland Fuel Corporation, specializing in the delivery of heating oil and other fuels, and Parkland Commercial Fuels, offering tailored solutions for fleet customers. The company also includes Parkland Burnaby Refinery and Bluewave Energy, which has introduced fuel delivery to remote regions and small communities. Parkland has shown impressive growth in recent years, expanding its geographic and product offerings. The company has strengthened itself through numerous acquisitions and strategic partnerships, aiming to expand its position in a rapidly evolving energy world. It has also pursued a strong environmental protection and sustainability policy, aiming to reduce its greenhouse gas emissions by 30% by 2025. Overall, Parkland Corp has proven to be a key player in the energy industry, distinguished by its wide range of offerings, customer-centric approach, and innovation. Through its continuous development and expansion, the company is well prepared for the future and is expected to continue playing an important role in North America's energy supply. Parkland ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Parkland's P/E Ratio
The Price to Earnings (P/E) Ratio of Parkland 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 Parkland'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 Parkland 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 Parkland’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 Parkland stock
How has the price-earnings ratio of Parkland changed compared to last year?
The price-to-earnings ratio of Parkland has increased by 76.27% 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 Parkland high compared to other companies?
Yes, the price-to-earnings ratio of Parkland is high compared to other companies.
How does an increase in the price-earnings ratio of Parkland affect the company?
An increase in the price-earnings ratio of Parkland 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 Parkland affect the company?
A decrease in the price-earnings ratio of Parkland 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 Parkland?
Some factors that influence the price-earnings ratio of Parkland are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Parkland pay?
Over the past 12 months, Parkland paid a dividend of 2.04 CAD . This corresponds to a dividend yield of about 5.55 %. For the coming 12 months, Parkland is expected to pay a dividend of 1.99 CAD.
What is the dividend yield of Parkland?
The current dividend yield of Parkland is 5.55 %.
When does Parkland pay dividends?
Parkland pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Parkland?
Parkland paid dividends every year for the past 0 years.
What is the dividend of Parkland?
For the upcoming 12 months, dividends amounting to 1.99 CAD are expected. This corresponds to a dividend yield of 5.42 %.
In which sector is Parkland located?
Parkland is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Parkland kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Parkland from 10/15/2024 amounting to 0.35 CAD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.
When did Parkland pay the last dividend?
The last dividend was paid out on 10/15/2024.
What was the dividend of Parkland in the year 2023?
In the year 2023, Parkland distributed 1.289 CAD as dividends.
In which currency does Parkland pay out the dividend?
The dividends of Parkland are distributed in CAD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Parkland
Our stock analysis for Parkland 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 Parkland Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
