RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Agricultural Bank of China P/E 2024

Agricultural Bank of China P/E

6.3

Agricultural Bank of China Dividend yield

5.04 %

Ticker

601288.SS

ISIN

CNE100000RJ0

As of Apr 30, 2024, Agricultural Bank of China's P/E ratio was 6.3, a 31.8% change from the 4.78 P/E ratio recorded in the previous year.

The Agricultural Bank of China P/E history

Agricultural Bank of China Aktienanalyse

What does Agricultural Bank of China do?

The Agricultural Bank of China Ltd (ABC) is one of the largest state-owned banks in China and is headquartered in Beijing. Founded in 1951 as the Agricultural Bank of China, it has evolved into a significant financial institution that operates in all major areas of banking. Its history dates back to the beginnings of the Chinese communist revolution, when the Communists, led by Mao Zedong, took power in China and nationalized all banks with a focus on agricultural development. The Agricultural Bank of China was established in 1951 to promote the financing of rural areas and the development of agricultural production. Over the following decades, the institution expanded and became the main bank for the agricultural sector and rural areas in China. In recent years, the bank has expanded its business model and transformed into a universal financial institution. Today, the Agricultural Bank of China offers a wide range of services and products, ranging from traditional banking services such as deposits, loans, and payments to investment banking and asset management. The bank operates in various sectors, including agriculture, industry, trade, construction, transportation, and real estate. It has a dense network of branches and subsidiaries throughout China. Additionally, the Agricultural Bank of China has also opened branches in 23 countries and territories worldwide. An important product of the bank is RMB business, referring to China's currency, the Renminbi. The bank is the main processor of Renminbi transactions in China and holds a leading position in this field. The Agricultural Bank of China also offers a variety of credit products for businesses and individuals. Commercial credit products include investment loans, working capital loans, and overdraft loans. Individuals can obtain loans from the bank for the purchase of cars, houses, and other consumer goods. In addition, the bank offers various savings products, including savings accounts, fixed deposit accounts, and savings certificates. Customers can also utilize online banking services in addition to traditional banking products. In the investment banking field, the Agricultural Bank of China provides services such as initial public offerings, mergers and acquisitions, and other capital market transactions. Furthermore, the bank also operates in asset management, offering various investment products such as equity funds, bond funds, and index funds. Overall, the Agricultural Bank of China is an important component of the Chinese banking landscape. It has a long history as a source of financing for the agricultural sector and rural areas. In addition, the Agricultural Bank of China has expanded its business model in recent years and is now active in all areas of banking. Agricultural Bank of China ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Agricultural Bank of China's P/E Ratio

The Price to Earnings (P/E) Ratio of Agricultural Bank of China 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 Agricultural Bank of China'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 Agricultural Bank of China 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 Agricultural Bank of China’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 Agricultural Bank of China Stock

What is the price-to-earnings ratio of Agricultural Bank of China?

The price-earnings ratio of Agricultural Bank of China is currently 6.3.

How has the price-earnings ratio of Agricultural Bank of China changed compared to last year?

The price-to-earnings ratio of Agricultural Bank of China has increased by 31.8% 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 Agricultural Bank of China high compared to other companies?

Yes, the price-to-earnings ratio of Agricultural Bank of China is high compared to other companies.

How does an increase in the price-earnings ratio of Agricultural Bank of China affect the company?

An increase in the price-earnings ratio of Agricultural Bank of China 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 Agricultural Bank of China affect the company?

A decrease in the price-earnings ratio of Agricultural Bank of China 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 Agricultural Bank of China?

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

How much dividend does Agricultural Bank of China pay?

Over the past 12 months, Agricultural Bank of China paid a dividend of 0.22 CNY . This corresponds to a dividend yield of about 5.04 %. For the coming 12 months, Agricultural Bank of China is expected to pay a dividend of 0.24 CNY.

What is the dividend yield of Agricultural Bank of China?

The current dividend yield of Agricultural Bank of China is 5.04 %.

When does Agricultural Bank of China pay dividends?

Agricultural Bank of China pays a quarterly dividend. This is distributed in the months of August, July, August, August.

How secure is the dividend of Agricultural Bank of China?

Agricultural Bank of China paid dividends every year for the past 0 years.

What is the dividend of Agricultural Bank of China?

For the upcoming 12 months, dividends amounting to 0.24 CNY are expected. This corresponds to a dividend yield of 5.36 %.

In which sector is Agricultural Bank of China located?

Agricultural Bank of China is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Agricultural Bank of China kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Agricultural Bank of China from 7/18/2023 amounting to 0.222 CNY, you needed to have the stock in your portfolio before the ex-date on 7/18/2023.

When did Agricultural Bank of China pay the last dividend?

The last dividend was paid out on 7/18/2023.

What was the dividend of Agricultural Bank of China in the year 2023?

In the year 2023, Agricultural Bank of China distributed 0.207 CNY as dividends.

In which currency does Agricultural Bank of China pay out the dividend?

The dividends of Agricultural Bank of China are distributed in CNY.

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Andere Kennzahlen von Agricultural Bank of China

Our stock analysis for Agricultural Bank of China 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 Agricultural Bank of China Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.