Westport Fuel Systems - Stock

Westport Fuel Systems P/E 2024

Westport Fuel Systems P/E

-2.44

Ticker

WPRT.TO

ISIN

CA9609083097

WKN

A0Q67T

As of Jun 30, 2024, Westport Fuel Systems's P/E ratio was -2.44, a 1.24% change from the -2.41 P/E ratio recorded in the previous year.

The Westport Fuel Systems P/E history

Westport Fuel Systems Aktienanalyse

What does Westport Fuel Systems do?

Westport Fuel Systems Inc. is a company specializing in the development and manufacturing of alternative fuel systems for commercial vehicles and other applications. The company was founded in 1995 and is headquartered in Vancouver, Canada. Its business model is based on the idea that better utilization of alternative fuels can help reduce the environmental impact of motor vehicles while increasing cost-effectiveness for operators. The company offers a wide range of products and services that allow its customers to transition to renewable and environmentally friendly energy resources. Westport Fuel Systems is divided into different divisions, including the manufacturing of components for natural gas and liquefied gas engines for commercial vehicles. It provides a comprehensive range of systems for fuel injection, exhaust management, and fuel supply, developed and manufactured in collaboration with leading commercial vehicle manufacturers worldwide. Another division focuses on the development of hydrogen technologies for fuel cell vehicles, offering solutions for hydrogen production, storage, and supply to enable customers to benefit from fuel cell technologies. Additionally, Westport Fuel Systems provides fuel supply services, operating a variety of natural gas and liquefied gas stations in North America, Europe, and Asia, allowing customers to conveniently and reliably refuel their vehicles with alternative fuels. The company's products include the HPDI (High Pressure Direct Injection) technology, which enables high performance with significantly reduced emissions, and the LNG (Liquefied Natural Gas) system, which offers an efficient and environmentally friendly alternative to traditional diesel fuel. In recent years, the company has also formed technological partnerships to enhance its presence in the market for alternative fuel systems. For example, it has entered into an agreement with Cummins Inc., a leading engine manufacturer, to jointly advance the development of natural gas engines. Overall, Westport Fuel Systems is dedicated to the development of technologies that leverage renewable and environmentally friendly energy sources. With a wide range of products and services, it offers customers various opportunities to transition to alternative fuels and achieve both environmental and economic benefits. Westport Fuel Systems ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Westport Fuel Systems's P/E Ratio

The Price to Earnings (P/E) Ratio of Westport Fuel Systems 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 Westport Fuel Systems'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 Westport Fuel Systems 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 Westport Fuel Systems’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 Westport Fuel Systems Stock

What is the price-to-earnings ratio of Westport Fuel Systems?

The price-earnings ratio of Westport Fuel Systems is currently -2.44.

How has the price-earnings ratio of Westport Fuel Systems changed compared to last year?

The price-to-earnings ratio of Westport Fuel Systems has increased by 1.24% 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 Westport Fuel Systems high compared to other companies?

Yes, the price-to-earnings ratio of Westport Fuel Systems is high compared to other companies.

How does an increase in the price-earnings ratio of Westport Fuel Systems affect the company?

An increase in the price-earnings ratio of Westport Fuel Systems 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 Westport Fuel Systems affect the company?

A decrease in the price-earnings ratio of Westport Fuel Systems 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 Westport Fuel Systems?

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

How much dividend does Westport Fuel Systems pay?

Over the past 12 months, Westport Fuel Systems paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Westport Fuel Systems is expected to pay a dividend of 0 USD.

What is the dividend yield of Westport Fuel Systems?

The current dividend yield of Westport Fuel Systems is .

When does Westport Fuel Systems pay dividends?

Westport Fuel Systems pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Westport Fuel Systems?

Westport Fuel Systems paid dividends every year for the past 0 years.

What is the dividend of Westport Fuel Systems?

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

In which sector is Westport Fuel Systems located?

Westport Fuel Systems is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Westport Fuel Systems kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Westport Fuel Systems from 6/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/30/2024.

When did Westport Fuel Systems pay the last dividend?

The last dividend was paid out on 6/30/2024.

What was the dividend of Westport Fuel Systems in the year 2023?

In the year 2023, Westport Fuel Systems distributed 0 USD as dividends.

In which currency does Westport Fuel Systems pay out the dividend?

The dividends of Westport Fuel Systems are distributed in USD.

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Andere Kennzahlen von Westport Fuel Systems

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