RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Summit Industrial Income REIT Stock

Summit Industrial Income REIT P/E 2024

Summit Industrial Income REIT P/E

24.28

Ticker

SMU.UN.TO

ISIN

CA8661201167

As of Nov 8, 2024, Summit Industrial Income REIT's P/E ratio was 24.28, a 0% change from the 0 P/E ratio recorded in the previous year.

The Summit Industrial Income REIT P/E history

Summit Industrial Income REIT Aktienanalyse

What does Summit Industrial Income REIT do?

Summit Industrial Income REIT is a Canadian publicly traded company that specializes in the acquisition, development, and management of industrial properties. Founded in 2007, the company has been listed on the Toronto Stock Exchange since 2012. Its headquarters are located in Halifax, Nova Scotia, Canada. The business model of Summit Industrial Income REIT is based on acquiring industrial properties in affordable locations and then improving or developing these properties to increase their value. The company aims to enter into long-term lease agreements with reliable tenants, providing a steady source of income for the company. Summit Industrial's goal is to offer investors a consistent return on investment. The company specializes in four different types of industrial properties: warehouse facilities, light industrial, flex industrial, and heavy industrial. Warehouse facilities are used for storing or transporting products from point A to point B. Light industrial encompasses smaller industrial properties used for production, assembly, or repair. Flex industrial refers to properties suitable for various types of businesses and can be used for different purposes. Heavy industrial is for companies operating heavy industrial machinery and requiring specialized infrastructure. Therefore, Summit Industrial offers a wide range of properties and is committed to providing optimal solutions for its customers' needs. The company's properties are located throughout Canada, with most being near major transportation routes or airports, allowing for optimal accessibility for businesses and their customers. In addition to leasing industrial properties, Summit Industrial Income REIT also offers other services, such as facility management. Maintaining its properties in optimal condition is important to Summit Industrial, as it aims to achieve the best possible returns for investors. For this reason, the company provides facility management services to ensure its properties are well-maintained and in excellent condition. Overall, Summit Industrial Income REIT has experienced healthy growth in recent years. The company has continuously expanded and enlarged its portfolio of industrial properties to offer a wide range of services to its customers. With a portfolio of over 170 properties, Summit Industrial is one of the leading firms in the field of industrial properties in Canada. As a publicly traded company, Summit Industrial Income REIT is an attractive option for investors looking for a well-diversified and stable investment portfolio. The company has established itself as a solid and successful player in a growth market and has become a key player in the Canadian real estate industry. Summit Industrial Income REIT ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Summit Industrial Income REIT's P/E Ratio

The Price to Earnings (P/E) Ratio of Summit Industrial Income REIT 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 Summit Industrial Income REIT'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 Summit Industrial Income REIT 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 Summit Industrial Income REIT’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 Summit Industrial Income REIT stock

What is the price-to-earnings ratio of Summit Industrial Income REIT?

The price-earnings ratio of Summit Industrial Income REIT is currently 24.28.

How has the price-earnings ratio of Summit Industrial Income REIT changed compared to last year?

The price-to-earnings ratio of Summit Industrial Income REIT has increased by 0% 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 Summit Industrial Income REIT high compared to other companies?

Yes, the price-to-earnings ratio of Summit Industrial Income REIT is high compared to other companies.

How does an increase in the price-earnings ratio of Summit Industrial Income REIT affect the company?

An increase in the price-earnings ratio of Summit Industrial Income REIT 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 Summit Industrial Income REIT affect the company?

A decrease in the price-earnings ratio of Summit Industrial Income REIT 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 Summit Industrial Income REIT?

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

How much dividend does Summit Industrial Income REIT pay?

Over the past 12 months, Summit Industrial Income REIT paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Summit Industrial Income REIT is expected to pay a dividend of 0 CAD.

What is the dividend yield of Summit Industrial Income REIT?

The current dividend yield of Summit Industrial Income REIT is .

When does Summit Industrial Income REIT pay dividends?

Summit Industrial Income REIT pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Summit Industrial Income REIT?

Summit Industrial Income REIT paid dividends every year for the past 0 years.

What is the dividend of Summit Industrial Income REIT?

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

In which sector is Summit Industrial Income REIT located?

Summit Industrial Income REIT is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Summit Industrial Income REIT kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Summit Industrial Income REIT from 11/8/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 11/8/2024.

When did Summit Industrial Income REIT pay the last dividend?

The last dividend was paid out on 11/8/2024.

What was the dividend of Summit Industrial Income REIT in the year 2023?

In the year 2023, Summit Industrial Income REIT distributed 0 CAD as dividends.

In which currency does Summit Industrial Income REIT pay out the dividend?

The dividends of Summit Industrial Income REIT 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 Summit Industrial Income REIT

Our stock analysis for Summit Industrial Income REIT 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 Summit Industrial Income REIT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.