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COSCO SHIPPING Development Co Stock

COSCO SHIPPING Development Co P/S 2024

COSCO SHIPPING Development Co P/S

2.17

Ticker

601866.SS

ISIN

CNE1000008F2

As of Jul 17, 2024, COSCO SHIPPING Development Co's P/S ratio stood at 2.17, a 26.9% change from the 1.71 P/S ratio recorded in the previous year.

The COSCO SHIPPING Development Co P/S history

COSCO SHIPPING Development Co Aktienanalyse

What does COSCO SHIPPING Development Co do?

COSCO SHIPPING Development Co Ltd is a company specializing in the transportation of goods. It was founded in China in 1997 and has since become one of the world's largest logistics companies. The company offers efficient transportation solutions through a wide network of services including sea, road, and air transportation. Its various divisions include container shipping, ship management, terminal management, freight forwarding, shipping financing, and shipbuilding. The company operates globally with offices on different continents. Container shipping is a significant part of its business, with a fleet of over 360 ships serving ports worldwide. Terminal management and ship management are also important divisions, with terminals in China and other countries used for container handling and general cargo. COSCO SHIPPING Development Co Ltd offers a range of services including shipping financing and shipbuilding for various purposes, focusing on efficient operations. Overall, the company has become a global leader in logistics and transportation. COSCO SHIPPING Development Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding COSCO SHIPPING Development Co's P/S Ratio

COSCO SHIPPING Development Co's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing COSCO SHIPPING Development Co's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating COSCO SHIPPING Development Co's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in COSCO SHIPPING Development Co’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about COSCO SHIPPING Development Co stock

What is the price-to-earnings ratio of COSCO SHIPPING Development Co?

The price-earnings ratio of COSCO SHIPPING Development Co is currently 2.17.

How has the price-earnings ratio of COSCO SHIPPING Development Co changed compared to last year?

The price-to-earnings ratio of COSCO SHIPPING Development Co has increased by 26.9% 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 COSCO SHIPPING Development Co high compared to other companies?

Yes, the price-to-earnings ratio of COSCO SHIPPING Development Co is high compared to other companies.

How does an increase in the price-earnings ratio of COSCO SHIPPING Development Co affect the company?

An increase in the price-earnings ratio of COSCO SHIPPING Development Co 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 COSCO SHIPPING Development Co affect the company?

A decrease in the price-earnings ratio of COSCO SHIPPING Development Co 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 COSCO SHIPPING Development Co?

Some factors that influence the price-earnings ratio of COSCO SHIPPING Development Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does COSCO SHIPPING Development Co pay?

Over the past 12 months, COSCO SHIPPING Development Co paid a dividend of 0.09 CNY . This corresponds to a dividend yield of about 3.52 %. For the coming 12 months, COSCO SHIPPING Development Co is expected to pay a dividend of 0.09 CNY.

What is the dividend yield of COSCO SHIPPING Development Co?

The current dividend yield of COSCO SHIPPING Development Co is 3.52 %.

When does COSCO SHIPPING Development Co pay dividends?

COSCO SHIPPING Development Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of COSCO SHIPPING Development Co?

COSCO SHIPPING Development Co paid dividends every year for the past 5 years.

What is the dividend of COSCO SHIPPING Development Co?

For the upcoming 12 months, dividends amounting to 0.09 CNY are expected. This corresponds to a dividend yield of 3.52 %.

In which sector is COSCO SHIPPING Development Co located?

COSCO SHIPPING Development Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von COSCO SHIPPING Development Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of COSCO SHIPPING Development Co from 7/28/2023 amounting to 0.087 CNY, you needed to have the stock in your portfolio before the ex-date on 7/28/2023.

When did COSCO SHIPPING Development Co pay the last dividend?

The last dividend was paid out on 7/28/2023.

What was the dividend of COSCO SHIPPING Development Co in the year 2023?

In the year 2023, COSCO SHIPPING Development Co distributed 0.226 CNY as dividends.

In which currency does COSCO SHIPPING Development Co pay out the dividend?

The dividends of COSCO SHIPPING Development Co are distributed in CNY.

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Andere Kennzahlen von COSCO SHIPPING Development Co

Our stock analysis for COSCO SHIPPING Development Co 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 COSCO SHIPPING Development Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.