COSCO Shipping Energy Transportation Co Stock

COSCO Shipping Energy Transportation Co P/E 2024

COSCO Shipping Energy Transportation Co P/E

19.08

Ticker

600026.SS

ISIN

CNE000001BD6

As of Sep 29, 2024, COSCO Shipping Energy Transportation Co's P/E ratio was 19.08, a 23.18% change from the 15.49 P/E ratio recorded in the previous year.

The COSCO Shipping Energy Transportation Co P/E history

COSCO Shipping Energy Transportation Co Aktienanalyse

What does COSCO Shipping Energy Transportation Co do?

COSCO Shipping Energy Transportation Co Ltd is a leading company in the field of maritime transport and energy supply. The company is headquartered in Shanghai, China and is part of the COSCO Group, one of the largest shipping conglomerates worldwide. The history of COSCO Shipping Energy Transportation began in 1994 when the COSCO Group established China Ocean Shipping Company (COSCO). Initially, the company specialized in the transport of oil and gas products and expanded over the years into other areas such as container transport and logistics. Today, COSCO Shipping Energy Transportation has various divisions including tank and bulk transport, towing and pilotage services, offshore services, and ship management. The company is capable of transporting all types of liquid and gaseous products, including crude oil, liquefied petroleum gas (LPG), chemical products, and refined oil products. One of COSCO Shipping Energy Transportation's key business models is the transportation of energy products. The company has a fleet of over a hundred modern tankers and bulk carriers specifically equipped for transporting liquefied gas, crude oil, and other products. Additionally, the company also provides towing and pilotage services to ensure that all transports are conducted safely and on time. COSCO Shipping Energy Transportation is also involved in offshore services. The company has a fleet of vessels that can be utilized for the supporting supply of oil and gas platforms. These ships are equipped with specialized equipment and can perform a variety of tasks such as anchoring, supplying platforms with heavy materials, and transporting hazardous goods. The company also offers ship management services, including technical management, crew management, and accounting. The goal of COSCO Shipping Energy Transportation is to ensure that all ships in their fleet are operational, safe, and comply with high international standards. Another important product provided by COSCO Shipping Energy Transportation is storage and logistics services. The company has modern warehouses and large tank farms for storing a variety of products. Additionally, the company also offers services such as customs clearance, supply chain management, and transport monitoring. Overall, COSCO Shipping Energy Transportation has continuously expanded its presence in the global shipping industry. The company takes pride in providing its customers with timely and safe transportation as well as excellent customer service. With a strong fleet and a range of services tailored to the specific needs of customers, the company is well positioned to continue growing and succeeding. COSCO Shipping Energy Transportation Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering COSCO Shipping Energy Transportation Co's P/E Ratio

The Price to Earnings (P/E) Ratio of COSCO Shipping Energy Transportation Co 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 COSCO Shipping Energy Transportation Co'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 COSCO Shipping Energy Transportation Co 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 COSCO Shipping Energy Transportation Co’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 COSCO Shipping Energy Transportation Co stock

What is the price-to-earnings ratio of COSCO Shipping Energy Transportation Co?

The price-earnings ratio of COSCO Shipping Energy Transportation Co is currently 19.08.

How has the price-earnings ratio of COSCO Shipping Energy Transportation Co changed compared to last year?

The price-to-earnings ratio of COSCO Shipping Energy Transportation Co has increased by 23.18% 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 Energy Transportation Co high compared to other companies?

Yes, the price-to-earnings ratio of COSCO Shipping Energy Transportation Co is high compared to other companies.

How does an increase in the price-earnings ratio of COSCO Shipping Energy Transportation Co affect the company?

An increase in the price-earnings ratio of COSCO Shipping Energy Transportation 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 Energy Transportation Co affect the company?

A decrease in the price-earnings ratio of COSCO Shipping Energy Transportation 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 Energy Transportation Co?

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

How much dividend does COSCO Shipping Energy Transportation Co pay?

Over the past 12 months, COSCO Shipping Energy Transportation Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 1.02 %. For the coming 12 months, COSCO Shipping Energy Transportation Co is expected to pay a dividend of 0.15 CNY.

What is the dividend yield of COSCO Shipping Energy Transportation Co?

The current dividend yield of COSCO Shipping Energy Transportation Co is 1.02 %.

When does COSCO Shipping Energy Transportation Co pay dividends?

COSCO Shipping Energy Transportation Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of COSCO Shipping Energy Transportation Co?

COSCO Shipping Energy Transportation Co paid dividends every year for the past 4 years.

What is the dividend of COSCO Shipping Energy Transportation Co?

For the upcoming 12 months, dividends amounting to 0.15 CNY are expected. This corresponds to a dividend yield of 1.05 %.

In which sector is COSCO Shipping Energy Transportation Co located?

COSCO Shipping Energy Transportation Co is assigned to the 'Energy' sector.

Wann musste ich die Aktien von COSCO Shipping Energy Transportation Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of COSCO Shipping Energy Transportation Co from 7/17/2024 amounting to 0.35 CNY, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.

When did COSCO Shipping Energy Transportation Co pay the last dividend?

The last dividend was paid out on 7/17/2024.

What was the dividend of COSCO Shipping Energy Transportation Co in the year 2023?

In the year 2023, COSCO Shipping Energy Transportation Co distributed 0 CNY as dividends.

In which currency does COSCO Shipping Energy Transportation Co pay out the dividend?

The dividends of COSCO Shipping Energy Transportation Co are distributed in CNY.

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Andere Kennzahlen von COSCO Shipping Energy Transportation Co

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