Prairiesky Royalty Stock

Prairiesky Royalty P/E 2024

Prairiesky Royalty P/E

26.54

Ticker

PSK.TO

ISIN

CA7397211086

WKN

A114W8

As of Oct 21, 2024, Prairiesky Royalty's P/E ratio was 26.54, a 8.5% change from the 24.46 P/E ratio recorded in the previous year.

The Prairiesky Royalty P/E history

Prairiesky Royalty Aktienanalyse

What does Prairiesky Royalty do?

PrairieSky Royalty Ltd is a mining company based in Canada. It specializes in the exploration and production of minerals like oil, gas, and coal. The company operates under a unique business model, leasing its land rights to multiple energy companies for mineral exploration and production. PrairieSky receives a royalty fee as part of its overall revenue. The company owns approximately 5.2 million acres of land in Western Canada and has a strong presence in Alberta and Saskatchewan. It works in various segments, including licensing, exploration, and providing services such as geographical data analysis and oil and gas leasing. PrairieSky invests heavily in technology, utilizing satellite imagery, GPS, and laser measurement systems for mapping and monitoring their land. The company offers various mineral licenses, including oil, gas, coal, and ore licenses, as well as mineral packages for investors interested in the Canadian resource market. PrairieSky plays a significant role in the Canadian economy, creating jobs and promoting economic growth in the regions where it operates. It is a key player in the resource industry and is expected to continue expanding in the coming years. Prairiesky Royalty ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Prairiesky Royalty's P/E Ratio

The Price to Earnings (P/E) Ratio of Prairiesky Royalty 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 Prairiesky Royalty'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 Prairiesky Royalty 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 Prairiesky Royalty’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 Prairiesky Royalty stock

What is the price-to-earnings ratio of Prairiesky Royalty?

The price-earnings ratio of Prairiesky Royalty is currently 26.54.

How has the price-earnings ratio of Prairiesky Royalty changed compared to last year?

The price-to-earnings ratio of Prairiesky Royalty has increased by 8.5% 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 Prairiesky Royalty high compared to other companies?

Yes, the price-to-earnings ratio of Prairiesky Royalty is high compared to other companies.

How does an increase in the price-earnings ratio of Prairiesky Royalty affect the company?

An increase in the price-earnings ratio of Prairiesky Royalty 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 Prairiesky Royalty affect the company?

A decrease in the price-earnings ratio of Prairiesky Royalty 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 Prairiesky Royalty?

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

How much dividend does Prairiesky Royalty pay?

Over the past 12 months, Prairiesky Royalty paid a dividend of 0.96 CAD . This corresponds to a dividend yield of about 3.45 %. For the coming 12 months, Prairiesky Royalty is expected to pay a dividend of 0.98 CAD.

What is the dividend yield of Prairiesky Royalty?

The current dividend yield of Prairiesky Royalty is 3.45 %.

When does Prairiesky Royalty pay dividends?

Prairiesky Royalty pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Prairiesky Royalty?

Prairiesky Royalty paid dividends every year for the past 0 years.

What is the dividend of Prairiesky Royalty?

For the upcoming 12 months, dividends amounting to 0.98 CAD are expected. This corresponds to a dividend yield of 3.52 %.

In which sector is Prairiesky Royalty located?

Prairiesky Royalty is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Prairiesky Royalty kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Prairiesky Royalty from 10/15/2024 amounting to 0.25 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Prairiesky Royalty pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Prairiesky Royalty in the year 2023?

In the year 2023, Prairiesky Royalty distributed 0.6 CAD as dividends.

In which currency does Prairiesky Royalty pay out the dividend?

The dividends of Prairiesky Royalty are distributed in CAD.

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Andere Kennzahlen von Prairiesky Royalty

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