What is the price-to-earnings ratio of CNOOC?
The price-earnings ratio of CNOOC is currently 163.65.
CNOOC P/E 2024
CNOOC P/E
163.65
Ticker
600938.SS
ISIN
CNE100005980
As of Nov 18, 2024, CNOOC's P/E ratio was 163.65, a 2,303.08% change from the 6.81 P/E ratio recorded in the previous year.
The CNOOC P/E history
CNOOC Aktienanalyse
What does CNOOC do?
CNOOC ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering CNOOC's P/E Ratio
The Price to Earnings (P/E) Ratio of CNOOC 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 CNOOC'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 CNOOC 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 CNOOC’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 CNOOC stock
How has the price-earnings ratio of CNOOC changed compared to last year?
The price-to-earnings ratio of CNOOC has increased by 2,303.08% 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 CNOOC high compared to other companies?
Yes, the price-to-earnings ratio of CNOOC is high compared to other companies.
How does an increase in the price-earnings ratio of CNOOC affect the company?
An increase in the price-earnings ratio of CNOOC 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 CNOOC affect the company?
A decrease in the price-earnings ratio of CNOOC 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 CNOOC?
Some factors that influence the price-earnings ratio of CNOOC are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does CNOOC pay?
Over the past 12 months, CNOOC paid a dividend of 1.22 CNY . This corresponds to a dividend yield of about 4.75 %. For the coming 12 months, CNOOC is expected to pay a dividend of 1.35 CNY.
What is the dividend yield of CNOOC?
The current dividend yield of CNOOC is 4.75 %.
When does CNOOC pay dividends?
CNOOC pays a quarterly dividend. This is distributed in the months of August, November, August, November.
How secure is the dividend of CNOOC?
CNOOC paid dividends every year for the past 7 years.
What is the dividend of CNOOC?
For the upcoming 12 months, dividends amounting to 1.35 CNY are expected. This corresponds to a dividend yield of 5.27 %.
In which sector is CNOOC located?
CNOOC is assigned to the 'Energy' sector.
Wann musste ich die Aktien von CNOOC kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CNOOC from 10/18/2024 amounting to 0.677 CNY, you needed to have the stock in your portfolio before the ex-date on 10/18/2024.
When did CNOOC pay the last dividend?
The last dividend was paid out on 10/18/2024.
What was the dividend of CNOOC in the year 2023?
In the year 2023, CNOOC distributed 1.615 CNY as dividends.
In which currency does CNOOC pay out the dividend?
The dividends of CNOOC are distributed in CNY.
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Andere Kennzahlen von CNOOC
Our stock analysis for CNOOC 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 CNOOC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.