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Spruce Ridge Resources Stock

Spruce Ridge Resources P/E 2024

Spruce Ridge Resources P/E

23.92

Ticker

SHL.V

ISIN

CA85290C1032

As of Oct 10, 2024, Spruce Ridge Resources's P/E ratio was 23.92, a 0% change from the 0 P/E ratio recorded in the previous year.

The Spruce Ridge Resources P/E history

Spruce Ridge Resources Aktienanalyse

What does Spruce Ridge Resources do?

Spruce Ridge Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Spruce Ridge Resources's P/E Ratio

The Price to Earnings (P/E) Ratio of Spruce Ridge Resources 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 Spruce Ridge Resources'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 Spruce Ridge Resources 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 Spruce Ridge Resources’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 Spruce Ridge Resources stock

What is the price-to-earnings ratio of Spruce Ridge Resources?

The price-earnings ratio of Spruce Ridge Resources is currently 23.92.

How has the price-earnings ratio of Spruce Ridge Resources changed compared to last year?

The price-to-earnings ratio of Spruce Ridge Resources has increased by 0% 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 Spruce Ridge Resources high compared to other companies?

Yes, the price-to-earnings ratio of Spruce Ridge Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Spruce Ridge Resources affect the company?

An increase in the price-earnings ratio of Spruce Ridge Resources 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 Spruce Ridge Resources affect the company?

A decrease in the price-earnings ratio of Spruce Ridge Resources 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 Spruce Ridge Resources?

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

How much dividend does Spruce Ridge Resources pay?

Over the past 12 months, Spruce Ridge Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Spruce Ridge Resources is expected to pay a dividend of 0 CAD.

What is the dividend yield of Spruce Ridge Resources?

The current dividend yield of Spruce Ridge Resources is .

When does Spruce Ridge Resources pay dividends?

Spruce Ridge Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Spruce Ridge Resources?

Spruce Ridge Resources paid dividends every year for the past 0 years.

What is the dividend of Spruce Ridge Resources?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Spruce Ridge Resources located?

Spruce Ridge Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Spruce Ridge Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Spruce Ridge Resources from 10/10/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 10/10/2024.

When did Spruce Ridge Resources pay the last dividend?

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

What was the dividend of Spruce Ridge Resources in the year 2023?

In the year 2023, Spruce Ridge Resources distributed 0 CAD as dividends.

In which currency does Spruce Ridge Resources pay out the dividend?

The dividends of Spruce Ridge Resources are distributed in CAD.

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Andere Kennzahlen von Spruce Ridge Resources

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