Carimin Petroleum Bhd P/E 2024

Carimin Petroleum Bhd P/E

6.73

Carimin Petroleum Bhd Dividend yield

2.01 %

Ticker

CARIMIN.KL

ISIN

MYL5257OO000

As of May 27, 2024, Carimin Petroleum Bhd's P/E ratio was 6.73, a -70.35% change from the 22.7 P/E ratio recorded in the previous year.

The Carimin Petroleum Bhd P/E history

Carimin Petroleum Bhd Aktienanalyse

What does Carimin Petroleum Bhd do?

Carimin Petroleum Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Carimin Petroleum Bhd's P/E Ratio

The Price to Earnings (P/E) Ratio of Carimin Petroleum Bhd 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 Carimin Petroleum Bhd'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 Carimin Petroleum Bhd 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 Carimin Petroleum Bhd’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 Carimin Petroleum Bhd Stock

What is the price-to-earnings ratio of Carimin Petroleum Bhd?

The price-earnings ratio of Carimin Petroleum Bhd is currently 6.73.

How has the price-earnings ratio of Carimin Petroleum Bhd changed compared to last year?

The price-to-earnings ratio of Carimin Petroleum Bhd has increased by -70.35% fallen (meaning "decreased" or "dropped") 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 Carimin Petroleum Bhd high compared to other companies?

Yes, the price-to-earnings ratio of Carimin Petroleum Bhd is high compared to other companies.

How does an increase in the price-earnings ratio of Carimin Petroleum Bhd affect the company?

An increase in the price-earnings ratio of Carimin Petroleum Bhd 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 Carimin Petroleum Bhd affect the company?

A decrease in the price-earnings ratio of Carimin Petroleum Bhd 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 Carimin Petroleum Bhd?

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

How much dividend does Carimin Petroleum Bhd pay?

Over the past 12 months, Carimin Petroleum Bhd paid a dividend of 0.02 MYR . This corresponds to a dividend yield of about 2.01 %. For the coming 12 months, Carimin Petroleum Bhd is expected to pay a dividend of 0.02 MYR.

What is the dividend yield of Carimin Petroleum Bhd?

The current dividend yield of Carimin Petroleum Bhd is 2.01 %.

When does Carimin Petroleum Bhd pay dividends?

Carimin Petroleum Bhd pays a quarterly dividend. This is distributed in the months of January, October, December, October.

How secure is the dividend of Carimin Petroleum Bhd?

Carimin Petroleum Bhd paid dividends every year for the past 1 years.

What is the dividend of Carimin Petroleum Bhd?

For the upcoming 12 months, dividends amounting to 0.02 MYR are expected. This corresponds to a dividend yield of 2.01 %.

In which sector is Carimin Petroleum Bhd located?

Carimin Petroleum Bhd is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Carimin Petroleum Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Carimin Petroleum Bhd from 10/4/2023 amounting to 0.02 MYR, you needed to have the stock in your portfolio before the ex-date on 9/5/2023.

When did Carimin Petroleum Bhd pay the last dividend?

The last dividend was paid out on 10/4/2023.

What was the dividend of Carimin Petroleum Bhd in the year 2023?

In the year 2023, Carimin Petroleum Bhd distributed 0.055 MYR as dividends.

In which currency does Carimin Petroleum Bhd pay out the dividend?

The dividends of Carimin Petroleum Bhd are distributed in MYR.

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Andere Kennzahlen von Carimin Petroleum Bhd

Our stock analysis for Carimin Petroleum Bhd 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 Carimin Petroleum Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.