Stantec Price Earnings Ratio from 2010 to 2024
| STN Stock | USD 82.61 0.62 0.74% |
Price Earnings Ratio | First Reported 2010-12-31 | Previous Quarter 35.72610771 | Current Value 25.08 | Quarterly Volatility 46.35877349 |
Check Stantec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stantec's main balance sheet or income statement drivers, such as Depreciation And Amortization of 297.8 M, Interest Expense of 107.8 M or Selling General Administrative of 2 B, as well as many indicators such as Price To Sales Ratio of 1.92, Dividend Yield of 0.0134 or PTB Ratio of 2.15. Stantec financial statements analysis is a perfect complement when working with Stantec Valuation or Volatility modules.
Stantec | Price Earnings Ratio |
Latest Stantec's Price Earnings Ratio Growth Pattern
Below is the plot of the Price Earnings Ratio of Stantec over the last few years. It is Stantec's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stantec's overall financial position and show how it may be relating to other accounts over time.
| Price Earnings Ratio | 10 Years Trend |
|
Price Earnings Ratio |
| Timeline |
Stantec Price Earnings Ratio Regression Statistics
| Arithmetic Mean | 40.03 | |
| Geometric Mean | 29.26 | |
| Coefficient Of Variation | 115.80 | |
| Mean Deviation | 25.57 | |
| Median | 26.91 | |
| Standard Deviation | 46.36 | |
| Sample Variance | 2,149 | |
| Range | 190 | |
| R-Value | (0.22) | |
| Mean Square Error | 2,199 | |
| R-Squared | 0.05 | |
| Significance | 0.42 | |
| Slope | (2.32) | |
| Total Sum of Squares | 30,088 |
Stantec Price Earnings Ratio History
About Stantec Financial Statements
Stantec investors utilize fundamental indicators, such as Price Earnings Ratio, to predict how Stantec Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Earnings Ratio | 35.73 | 25.08 |
Pair Trading with Stantec
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stantec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stantec will appreciate offsetting losses from the drop in the long position's value.Moving together with Stantec Stock
| 0.64 | G | Genpact Limited | PairCorr |
| 0.79 | BR | Broadridge Financial | PairCorr |
| 0.72 | KC | Kingsoft Cloud Holdings | PairCorr |
Moving against Stantec Stock
| 0.59 | VCIG | VCI Global Limited Buyout Trend | PairCorr |
| 0.57 | DLHC | DLH Holdings Corp | PairCorr |
| 0.55 | FC | Franklin Covey | PairCorr |
| 0.45 | EXPO | Exponent | PairCorr |
| 0.43 | MG | Mistras Group | PairCorr |
The ability to find closely correlated positions to Stantec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stantec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stantec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stantec to buy it.
The correlation of Stantec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stantec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stantec moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stantec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Stantec Correlation against competitors. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stantec. If investors know Stantec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stantec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 0.825 | Earnings Share 2.16 | Revenue Per Share 49.58 | Quarterly Revenue Growth 0.158 |
The market value of Stantec is measured differently than its book value, which is the value of Stantec that is recorded on the company's balance sheet. Investors also form their own opinion of Stantec's value that differs from its market value or its book value, called intrinsic value, which is Stantec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stantec's market value can be influenced by many factors that don't directly affect Stantec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stantec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stantec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stantec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.