RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Stelco Holdings Stock

Stelco Holdings P/E 2024

Stelco Holdings P/E

12.5

Ticker

STLC.TO

ISIN

CA8585221051

WKN

A2H64R

As of Oct 1, 2024, Stelco Holdings's P/E ratio was 12.5, a -18.14% change from the 15.27 P/E ratio recorded in the previous year.

The Stelco Holdings P/E history

Stelco Holdings Aktienanalyse

What does Stelco Holdings do?

Stelco Holdings Inc is a Canadian company that specializes in the production of steel products. The company has a long history dating back to 1910 when it was established as a steel pipe mill under the name Hamilton Steel Products. Over the years, the company has rebranded and expanded its business activities. Today, Stelco Holdings Inc consists of several divisions, including steel production, carbon steel production, steel tube manufacturing, and the production of steel products for the automotive industry. The business model of Stelco Holdings Inc is based on the production and sale of high-quality steel products. The company has a strong presence in the North American market and also exports its products to other countries. One of the biggest strengths of Stelco Holdings Inc is its ability to adapt to market changes and meet the needs of customers. The company has made several acquisitions in recent years to expand its manufacturing capacity and explore new business opportunities. One of the key divisions of Stelco Holdings Inc is steel production. The company operates multiple production facilities that focus on the production of hot-rolled steel, specialized steel, flat steel, and other specialty steels. Most of these products are used in the construction industry, such as for building and bridge construction. Stelco Holdings Inc is also a major supplier of steel products for the automotive industry. The company produces a range of components, including body and chassis parts, to assemble various vehicle models. These products are mainly sold in North America. Another important division of Stelco Holdings Inc is steel tube manufacturing. The company produces a variety of tubes for various industries, including the oil and gas industry, chemical industry, and hydropower. Stelco Holdings Inc can also manufacture custom tubes for customers with special requirements. Although Stelco Holdings Inc primarily focuses on the North American market, the company also has a strong presence in other countries, particularly in Europe and Asia. The company exports its products to over 20 countries worldwide and also maintains sales offices in various countries. Overall, Stelco Holdings Inc is a leading company in the steel industry that specializes in the production and sale of high-quality steel products. With its strong presence in the North American market and its ability to adapt to market changes, the company is well-positioned to continue being successful and expand its business in the future. Stelco Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Stelco Holdings's P/E Ratio

The Price to Earnings (P/E) Ratio of Stelco Holdings 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 Stelco Holdings'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 Stelco Holdings 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 Stelco Holdings’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 Stelco Holdings stock

What is the price-to-earnings ratio of Stelco Holdings?

The price-earnings ratio of Stelco Holdings is currently 12.5.

How has the price-earnings ratio of Stelco Holdings changed compared to last year?

The price-to-earnings ratio of Stelco Holdings has increased by -18.14% 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 Stelco Holdings high compared to other companies?

Yes, the price-to-earnings ratio of Stelco Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of Stelco Holdings affect the company?

An increase in the price-earnings ratio of Stelco Holdings 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 Stelco Holdings affect the company?

A decrease in the price-earnings ratio of Stelco Holdings 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 Stelco Holdings?

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

How much dividend does Stelco Holdings pay?

Over the past 12 months, Stelco Holdings paid a dividend of 1.68 CAD . This corresponds to a dividend yield of about 2.52 %. For the coming 12 months, Stelco Holdings is expected to pay a dividend of 2.49 CAD.

What is the dividend yield of Stelco Holdings?

The current dividend yield of Stelco Holdings is 2.52 %.

When does Stelco Holdings pay dividends?

Stelco Holdings pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Stelco Holdings?

Stelco Holdings paid dividends every year for the past 9 years.

What is the dividend of Stelco Holdings?

For the upcoming 12 months, dividends amounting to 2.49 CAD are expected. This corresponds to a dividend yield of 3.73 %.

In which sector is Stelco Holdings located?

Stelco Holdings is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Stelco Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stelco Holdings from 8/26/2024 amounting to 0.75 CAD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.

When did Stelco Holdings pay the last dividend?

The last dividend was paid out on 8/26/2024.

What was the dividend of Stelco Holdings in the year 2023?

In the year 2023, Stelco Holdings distributed 1.32 CAD as dividends.

In which currency does Stelco Holdings pay out the dividend?

The dividends of Stelco Holdings 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 Stelco Holdings

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