Cathay Financial Holding Co Stock

Cathay Financial Holding Co P/E 2024

Cathay Financial Holding Co P/E

9.12

Ticker

2882.TW

ISIN

TW0002882008

WKN

529383

As of Jul 28, 2024, Cathay Financial Holding Co's P/E ratio was 9.12, a -32.84% change from the 13.58 P/E ratio recorded in the previous year.

The Cathay Financial Holding Co P/E history

Cathay Financial Holding Co Aktienanalyse

What does Cathay Financial Holding Co do?

Cathay Financial Holding Co Ltd is a Taiwanese financial company based in Taipei. Cathay Financial Holding Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cathay Financial Holding Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Cathay Financial Holding 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 Cathay Financial Holding 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 Cathay Financial Holding 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 Cathay Financial Holding 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 Cathay Financial Holding Co stock

What is the price-to-earnings ratio of Cathay Financial Holding Co?

The price-earnings ratio of Cathay Financial Holding Co is currently 9.12.

How has the price-earnings ratio of Cathay Financial Holding Co changed compared to last year?

The price-to-earnings ratio of Cathay Financial Holding Co has increased by -32.84% 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 Cathay Financial Holding Co high compared to other companies?

Yes, the price-to-earnings ratio of Cathay Financial Holding Co is high compared to other companies.

How does an increase in the price-earnings ratio of Cathay Financial Holding Co affect the company?

An increase in the price-earnings ratio of Cathay Financial Holding 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 Cathay Financial Holding Co affect the company?

A decrease in the price-earnings ratio of Cathay Financial Holding 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 Cathay Financial Holding Co?

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

How much dividend does Cathay Financial Holding Co pay?

Over the past 12 months, Cathay Financial Holding Co paid a dividend of 0.9 TWD . This corresponds to a dividend yield of about 1.46 %. For the coming 12 months, Cathay Financial Holding Co is expected to pay a dividend of 0.9 TWD.

What is the dividend yield of Cathay Financial Holding Co?

The current dividend yield of Cathay Financial Holding Co is 1.46 %.

When does Cathay Financial Holding Co pay dividends?

Cathay Financial Holding Co pays a quarterly dividend. This is distributed in the months of August, August, July, August.

How secure is the dividend of Cathay Financial Holding Co?

Cathay Financial Holding Co paid dividends every year for the past 17 years.

What is the dividend of Cathay Financial Holding Co?

For the upcoming 12 months, dividends amounting to 0.9 TWD are expected. This corresponds to a dividend yield of 1.47 %.

In which sector is Cathay Financial Holding Co located?

Cathay Financial Holding Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Cathay Financial Holding Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cathay Financial Holding Co from 7/29/2024 amounting to 2 TWD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did Cathay Financial Holding Co pay the last dividend?

The last dividend was paid out on 7/29/2024.

What was the dividend of Cathay Financial Holding Co in the year 2023?

In the year 2023, Cathay Financial Holding Co distributed 3.5 TWD as dividends.

In which currency does Cathay Financial Holding Co pay out the dividend?

The dividends of Cathay Financial Holding Co are distributed in TWD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Cathay Financial Holding Co

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