Northland Power Stock Price To Earning

NPI Stock  CAD 20.39  0.36  1.80%   
Northland Power fundamentals help investors to digest information that contributes to Northland Power's financial success or failures. It also enables traders to predict the movement of Northland Stock. The fundamental analysis module provides a way to measure Northland Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northland Power stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Northland Power Company Price To Earning Analysis

Northland Power's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Northland Power Price To Earning

    
  22.66 X  
Most of Northland Power's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northland Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Northland Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Northland Power is extremely important. It helps to project a fair market value of Northland Stock properly, considering its historical fundamentals such as Price To Earning. Since Northland Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northland Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northland Power's interrelated accounts and indicators.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Northland Retained Earnings

Retained Earnings

(1.22 Billion)

Northland Power reported last year Retained Earnings of (1.16 Billion)
Based on the latest financial disclosure, Northland Power has a Price To Earning of 22.66 times. This is 24.97% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The price to earning for all Canada stocks is 21.1% higher than that of the company.

Northland Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northland Power's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northland Power could also be used in its relative valuation, which is a method of valuing Northland Power by comparing valuation metrics of similar companies.
Northland Power is currently under evaluation in price to earning category among its peers.

Northland Fundamentals

About Northland Power Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northland Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northland Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northland Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Other Information on Investing in Northland Stock

Northland Power financial ratios help investors to determine whether Northland Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northland with respect to the benefits of owning Northland Power security.