What is the price-to-earnings ratio of TAG Oil?
The price-earnings ratio of TAG Oil is currently -22.61.
TAG Oil P/E 2024
TAG Oil P/E
-22.61
Ticker
TAO.V
ISIN
CA87377N2005
WKN
A0RF4G
As of Nov 15, 2024, TAG Oil's P/E ratio was -22.61, a 29.64% change from the -17.44 P/E ratio recorded in the previous year.
The TAG Oil P/E history
TAG Oil Aktienanalyse
What does TAG Oil do?
TAG Oil Ltd is a New Zealand-based company specializing in the exploration and production of oil and gas. The company was founded in 2005 and has since developed a diverse portfolio of oil and gas activities. The business model of TAG Oil is focused on successfully investing in undervalued oil and gas resources and making them profitable through efficient exploration and production. The company focuses on developing oil and gas reserves in New Zealand and Canada and has secured significant reserves in both countries. In New Zealand, TAG Oil operates several key oil and gas fields, such as the Taranaki Basin, which is one of the country's most productive oil fields. In Canada, the company operates in the Saskatchewan region, where it exploits huge amounts of natural gas reserves. TAG Oil works closely with local communities and governments to ensure that all activities are conducted sustainably and environmentally friendly. The company has implemented strict environmental regulations and utilizes state-of-the-art technologies to minimize the impact of its production on the environment. In addition to oil, gas, and renewable energy production, TAG Oil is also involved in the exploration of alternative energies. The company has a subsidiary called Taranaki Energy Limited, which specializes in the development of geothermal and wind energy projects in the Taranaki region of New Zealand. Thus, TAG Oil has become an important provider of renewable energy in New Zealand. Apart from its activities in the oil, gas, and renewable energy industries, TAG Oil also offers various products and services to its customers. These include specialized lubricants and chemicals that can be used in the exploration and production of oil and gas. The company works closely with its customers to find solutions that meet their specific requirements. Overall, TAG Oil is a company that has a long and successful history in the oil and gas industry. The company has developed into a significant player in the global energy market in recent years and is committed to finding increasingly innovative solutions to meet the world's energy needs. TAG Oil ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering TAG Oil's P/E Ratio
The Price to Earnings (P/E) Ratio of TAG Oil 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 TAG Oil'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 TAG Oil 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 TAG Oil’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 TAG Oil stock
How has the price-earnings ratio of TAG Oil changed compared to last year?
The price-to-earnings ratio of TAG Oil has increased by 29.64% 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 TAG Oil high compared to other companies?
Yes, the price-to-earnings ratio of TAG Oil is high compared to other companies.
How does an increase in the price-earnings ratio of TAG Oil affect the company?
An increase in the price-earnings ratio of TAG Oil 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 TAG Oil affect the company?
A decrease in the price-earnings ratio of TAG Oil 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 TAG Oil?
Some factors that influence the price-earnings ratio of TAG Oil are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does TAG Oil pay?
Over the past 12 months, TAG Oil paid a dividend of 0.3 CAD . This corresponds to a dividend yield of about 193.55 %. For the coming 12 months, TAG Oil is expected to pay a dividend of 0.15 CAD.
What is the dividend yield of TAG Oil?
The current dividend yield of TAG Oil is 193.55 %.
When does TAG Oil pay dividends?
TAG Oil pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of TAG Oil?
TAG Oil paid dividends every year for the past 1 years.
What is the dividend of TAG Oil?
For the upcoming 12 months, dividends amounting to 0.15 CAD are expected. This corresponds to a dividend yield of 96.45 %.
In which sector is TAG Oil located?
TAG Oil is assigned to the 'Energy' sector.
Wann musste ich die Aktien von TAG Oil kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TAG Oil from 4/14/2020 amounting to 0.3 CAD, you needed to have the stock in your portfolio before the ex-date on 4/15/2020.
When did TAG Oil pay the last dividend?
The last dividend was paid out on 4/14/2020.
What was the dividend of TAG Oil in the year 2023?
In the year 2023, TAG Oil distributed 0 CAD as dividends.
In which currency does TAG Oil pay out the dividend?
The dividends of TAG Oil are distributed in CAD.
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Andere Kennzahlen von TAG Oil
Our stock analysis for TAG Oil 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 TAG Oil Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
