Wheaton Precious Metals - Stock

Wheaton Precious Metals P/E 2024

Wheaton Precious Metals P/E

40.13

Ticker

WPM.TO

ISIN

CA9628791027

WKN

A2DRBP

As of Jun 26, 2024, Wheaton Precious Metals's P/E ratio was 40.13, a 2.9% change from the 39 P/E ratio recorded in the previous year.

The Wheaton Precious Metals P/E history

Wheaton Precious Metals Aktienanalyse

What does Wheaton Precious Metals do?

Wheaton Precious Metals Corp is a Canadian company specializing in the trading of precious metals. The company was founded in 2004 and is headquartered in Vancouver. Wheaton Precious Metals Corp pursues a unique business model based on the trading of precious metals. The company is not a mining company that extracts precious metals itself, but a commodity trader that does business with mining companies. The company purchases shares in future productions of precious metals, such as gold, silver, palladium, and copper, from these companies. The idea behind Wheaton Precious Metals Corp's business model is that mining companies receive capital to build and operate their mines. In return, Wheaton Precious Metals Corp receives the right to a portion of the mining company's production. This concept eliminates the risk of exploration and production losses and guarantees commodity traders the right to a share of the profits. The company operates three different divisions to extract precious metals in various countries, including Canada, Mexico, Peru, Brazil, Chile, Argentina, Portugal, Sweden, Finland, Greece, and the United States. The first division of Wheaton Precious Metals Corp is the oil sands division, which sources precious metals from mining companies in North and Latin America. The second division is the silver division, which focuses on silver mining in Mexico and Peru. The third division is the gold division, which focuses on gold mining in North and South America. Wheaton Precious Metals Corp is also known for its products that are important for investors and collectors. The company offers a variety of coins and bars made of precious metals such as gold and silver. These are extremely interesting for investors who want to invest in precious metals. The collector's items are a must-have for collectors and coin enthusiasts. To ensure that the company operates in accordance with strict environmental and social standards, Wheaton Precious Metals Corp has introduced a code of conduct for partner companies that extract precious metals for Wheaton Precious Metals Corp. These standards address issues such as employee health and safety, environmental sustainability, and social responsibility. In terms of finances, Wheaton Precious Metals Corp has built an impressive balance sheet. The company has consistently seen an increase in its revenues and net profits in recent years and is among the leading companies in this sector. In summary, Wheaton Precious Metals Corp is a successful Canadian company specializing in the trading of precious metals. Through its unique business model and various divisions, the company is able to extract and sell precious metals in different countries. The products offered by the company are interesting for investors and collectors. The environmental and social standards established by Wheaton Precious Metals Corp for partner companies demonstrate a commitment to environmental sustainability and social responsibility. Wheaton Precious Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Wheaton Precious Metals's P/E Ratio

The Price to Earnings (P/E) Ratio of Wheaton Precious Metals 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 Wheaton Precious Metals'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 Wheaton Precious Metals 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 Wheaton Precious Metals’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 Wheaton Precious Metals Stock

What is the price-to-earnings ratio of Wheaton Precious Metals?

The price-earnings ratio of Wheaton Precious Metals is currently 40.13.

How has the price-earnings ratio of Wheaton Precious Metals changed compared to last year?

The price-to-earnings ratio of Wheaton Precious Metals has increased by 2.9% 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 Wheaton Precious Metals high compared to other companies?

Yes, the price-to-earnings ratio of Wheaton Precious Metals is high compared to other companies.

How does an increase in the price-earnings ratio of Wheaton Precious Metals affect the company?

An increase in the price-earnings ratio of Wheaton Precious Metals 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 Wheaton Precious Metals affect the company?

A decrease in the price-earnings ratio of Wheaton Precious Metals 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 Wheaton Precious Metals?

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

How much dividend does Wheaton Precious Metals pay?

Over the past 12 months, Wheaton Precious Metals paid a dividend of 0.6 USD . This corresponds to a dividend yield of about 1.13 %. For the coming 12 months, Wheaton Precious Metals is expected to pay a dividend of 0.64 USD.

What is the dividend yield of Wheaton Precious Metals?

The current dividend yield of Wheaton Precious Metals is 1.13 %.

When does Wheaton Precious Metals pay dividends?

Wheaton Precious Metals pays a quarterly dividend. This is distributed in the months of September, December, May, June.

How secure is the dividend of Wheaton Precious Metals?

Wheaton Precious Metals paid dividends every year for the past 18 years.

What is the dividend of Wheaton Precious Metals?

For the upcoming 12 months, dividends amounting to 0.64 USD are expected. This corresponds to a dividend yield of 1.2 %.

In which sector is Wheaton Precious Metals located?

Wheaton Precious Metals is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Wheaton Precious Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wheaton Precious Metals from 6/11/2024 amounting to 0.155 USD, you needed to have the stock in your portfolio before the ex-date on 5/29/2024.

When did Wheaton Precious Metals pay the last dividend?

The last dividend was paid out on 6/11/2024.

What was the dividend of Wheaton Precious Metals in the year 2023?

In the year 2023, Wheaton Precious Metals distributed 0.6 USD as dividends.

In which currency does Wheaton Precious Metals pay out the dividend?

The dividends of Wheaton Precious Metals are distributed in USD.

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Andere Kennzahlen von Wheaton Precious Metals

Our stock analysis for Wheaton Precious Metals 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 Wheaton Precious Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.