What is the price-to-earnings ratio of Velan?
The price-earnings ratio of Velan is currently -4.61.
Velan P/E 2024
Velan P/E
-4.61
Ticker
VLN.TO
ISIN
CA9229321083
WKN
902881
As of Sep 27, 2024, Velan's P/E ratio was -4.61, a 24.59% change from the -3.7 P/E ratio recorded in the previous year.
The Velan P/E history
Velan Aktienanalyse
What does Velan do?
Velan Inc is a leading provider of valves and safety equipment in the manufacturing industry. The company was founded in 1950 and is based in Montreal, Canada. Velan Inc has experienced steady growth in recent decades and currently has over 1,800 employees worldwide. The company is publicly listed on the Toronto Stock Exchange. Velan Inc produces a wide range of valves and safety equipment for various industries, including the oil, gas, power, chemical, mining, and water and wastewater industries. Products include ball valves, gate valves, globe valves, check valves, and valves for special applications. Additionally, the company offers replacement parts, repair and maintenance services, and customized solutions. Velan Inc utilizes a business model focused on quality and customer service. The company aims to provide its customers with the best products and services in the industry. To achieve this goal, Velan Inc works closely with its customers to understand their specific requirements and offer tailored solutions. Furthermore, the company invests heavily in research and development to develop innovative products and continuously improve its technology. Velan Inc is divided into three main divisions: the Industrial Valves division, the Energy Valves division, and the Safety Equipment division. The Industrial Valves division produces various valves for the oil and gas industry, chemical and petrochemical industry, as well as the water and wastewater industry. The Energy Valves division specializes in producing valves for power generation and nuclear power generation. The Safety Equipment division produces safety valves used in explosion prevention and critical process applications. Throughout its history, Velan Inc has received numerous awards and certifications, including ISO 9001, PED, ATEX, and Fugitive Emissions. These awards and certifications reflect the high quality and reliability of Velan Inc's products. Overall, Velan Inc is a leading manufacturer of valves and safety equipment that focuses on quality, innovation, and customer service. The company has a long history and operates worldwide. With its various divisions and wide product range, Velan Inc is able to serve a variety of customers in different industries. Velan ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Velan's P/E Ratio
The Price to Earnings (P/E) Ratio of Velan 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 Velan'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 Velan 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 Velan’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 Velan stock
How has the price-earnings ratio of Velan changed compared to last year?
The price-to-earnings ratio of Velan has increased by 24.59% 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 Velan high compared to other companies?
Yes, the price-to-earnings ratio of Velan is high compared to other companies.
How does an increase in the price-earnings ratio of Velan affect the company?
An increase in the price-earnings ratio of Velan 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 Velan affect the company?
A decrease in the price-earnings ratio of Velan 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 Velan?
Some factors that influence the price-earnings ratio of Velan are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Velan pay?
Over the past 12 months, Velan paid a dividend of 0.03 USD . This corresponds to a dividend yield of about 0.49 %. For the coming 12 months, Velan is expected to pay a dividend of 0.03 USD.
What is the dividend yield of Velan?
The current dividend yield of Velan is 0.49 %.
When does Velan pay dividends?
Velan pays a quarterly dividend. This is distributed in the months of January, April, July, July.
How secure is the dividend of Velan?
Velan paid dividends every year for the past 0 years.
What is the dividend of Velan?
For the upcoming 12 months, dividends amounting to 0.03 USD are expected. This corresponds to a dividend yield of 0.49 %.
In which sector is Velan located?
Velan is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Velan kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Velan from 6/30/2023 amounting to 0.03 USD, you needed to have the stock in your portfolio before the ex-date on 6/15/2023.
When did Velan pay the last dividend?
The last dividend was paid out on 6/30/2023.
What was the dividend of Velan in the year 2023?
In the year 2023, Velan distributed 0.03 USD as dividends.
In which currency does Velan pay out the dividend?
The dividends of Velan are distributed in USD.
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Andere Kennzahlen von Velan
Our stock analysis for Velan 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 Velan Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
