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Taiga Building Products Stock

Taiga Building Products P/E 2024

Taiga Building Products P/E

4.72

Ticker

TBL.TO

ISIN

CA87402A1084

WKN

A0JMC0

As of Oct 5, 2024, Taiga Building Products's P/E ratio was 4.72, a 52.26% change from the 3.1 P/E ratio recorded in the previous year.

The Taiga Building Products P/E history

Taiga Building Products Aktienanalyse

What does Taiga Building Products do?

Taiga Building Products Ltd is a leading provider of building materials in Canada and the USA. The company was founded in 1973 in British Columbia and has since expanded its offerings to meet the needs of an increasingly complex construction industry. The business model of Taiga Building Products is based on a wide range of products that allow customers to source all their building material needs from one place. The offered products include wood, insulation, roofing materials, siding, windows and doors, as well as a wide range of interior finishes such as cladding, flooring, and cabinets. The company is divided into various divisions, including Taiga Distribution, Taiga Exterior, Taiga Interior, and Taiga Specialty Products. Each of these divisions focuses on a specific product category and works closely together to ensure that customers receive the service and quality they expect. Taiga Distribution is the main division of the company and offers a wide range of building materials. From wood and prefabricated components to hardware and adhesives, Taiga Distribution provides a comprehensive selection of high-quality products. Taiga Exterior focuses on the exterior of buildings and offers a wide range of product categories such as roofing materials, siding, windows, and doors. The siding division produces high-quality wood, cement, vinyl, and steel siding, while the windows and doors division specializes in energy-efficient products. Taiga Interior offers a wide range of interior finishes that cover all aspects of the interior space. The offered products include cladding, flooring, ceilings, and wall panels, to name just a few. The interior division works closely with the Taiga Exterior division to ensure that the entire building is completed with customer expectations and needs in mind. Taiga Specialty Products offers a wide range of specialized products that cater to the needs of customers with specific requirements. This includes products such as fire protection, drywall tools, and garden cabinets. Taiga Building Products has earned a reputation as a leading provider of building materials in Canada and the USA for good reason. The company offers a wide range of products that allow customers to source all their building material needs from one place. Additionally, the company has extensive experience and expertise in the construction industry, as well as a dedicated and experienced team focused on maintaining the highest level of customer service. Taiga Building Products is an excellent choice for any customer in the construction industry who is looking for a strong partner with a wide range of products and services. Taiga Building Products ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Taiga Building Products's P/E Ratio

The Price to Earnings (P/E) Ratio of Taiga Building Products 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 Taiga Building Products'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 Taiga Building Products 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 Taiga Building Products’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 Taiga Building Products stock

What is the price-to-earnings ratio of Taiga Building Products?

The price-earnings ratio of Taiga Building Products is currently 4.72.

How has the price-earnings ratio of Taiga Building Products changed compared to last year?

The price-to-earnings ratio of Taiga Building Products has increased by 52.26% 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 Taiga Building Products high compared to other companies?

Yes, the price-to-earnings ratio of Taiga Building Products is high compared to other companies.

How does an increase in the price-earnings ratio of Taiga Building Products affect the company?

An increase in the price-earnings ratio of Taiga Building Products 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 Taiga Building Products affect the company?

A decrease in the price-earnings ratio of Taiga Building Products 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 Taiga Building Products?

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

How much dividend does Taiga Building Products pay?

Over the past 12 months, Taiga Building Products paid a dividend of 0.23 CAD . This corresponds to a dividend yield of about 6.09 %. For the coming 12 months, Taiga Building Products is expected to pay a dividend of 0.23 CAD.

What is the dividend yield of Taiga Building Products?

The current dividend yield of Taiga Building Products is 6.09 %.

When does Taiga Building Products pay dividends?

Taiga Building Products pays a quarterly dividend. This is distributed in the months of July, February, April, December.

How secure is the dividend of Taiga Building Products?

Taiga Building Products paid dividends every year for the past 1 years.

What is the dividend of Taiga Building Products?

For the upcoming 12 months, dividends amounting to 0.23 CAD are expected. This corresponds to a dividend yield of 6.09 %.

In which sector is Taiga Building Products located?

Taiga Building Products is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Taiga Building Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Taiga Building Products from 12/8/2023 amounting to 0.232 CAD, you needed to have the stock in your portfolio before the ex-date on 11/23/2023.

When did Taiga Building Products pay the last dividend?

The last dividend was paid out on 12/8/2023.

What was the dividend of Taiga Building Products in the year 2023?

In the year 2023, Taiga Building Products distributed 0.276 CAD as dividends.

In which currency does Taiga Building Products pay out the dividend?

The dividends of Taiga Building Products are distributed in CAD.

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Andere Kennzahlen von Taiga Building Products

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