Century Iron And Steel Industrial Co P/E 2024

Century Iron And Steel Industrial Co P/E

30.01

Century Iron And Steel Industrial Co Dividend yield

0.16 %

Ticker

9958.TW

ISIN

TW0009958009

As of May 29, 2024, Century Iron And Steel Industrial Co's P/E ratio was 30.01, a 10.09% change from the 27.26 P/E ratio recorded in the previous year.

The Century Iron And Steel Industrial Co P/E history

Century Iron And Steel Industrial Co Aktienanalyse

What does Century Iron And Steel Industrial Co do?

Century Iron And Steel Industrial Co Ltd is a Chinese steel producer based in the province of Hebei. The company was founded in 2000 and has since undergone significant development. Today, Century Iron And Steel Industrial Co Ltd is one of the largest steel producers in China and has established itself as a key player in the international market. The business model of Century Iron And Steel Industrial Co Ltd is based on manufacturing and selling high-quality steel products for various applications. The company operates both domestically and internationally, serving customers in many countries worldwide. Some of the key products of Century Iron And Steel Industrial Co Ltd include seamless steel pipes, steel plates, steel wire, steel bars, steel strips, and many others. Century Iron And Steel Industrial Co Ltd has various divisions, each specializing in different areas of steel production. For example, the company operates a foundry division specializing in the production of high-quality steel products. The company also has a rolling mill division specializing in the rolling of steel products. Additionally, Century Iron And Steel Industrial Co Ltd has a seamless steel pipe manufacturing department that specializes in producing pipes for the oil and gas market. The pipes are suitable for use in demanding environments such as offshore oil fields and oil production facilities. The company has improved its ability to produce high-quality steel products through the use of advanced technology and equipment. Century Iron And Steel Industrial Co Ltd has relied on both traditional and modern technologies in the production of steel products. For example, the company uses the latest technology in metal pipe processing for the production of seamless steel pipes, offering unique solutions to its customers. Century Iron And Steel Industrial Co Ltd is also an environmentally conscious company committed to sustainability. The company has implemented various measures to reduce environmental impact and advocates for responsible business practices. For instance, Century Iron And Steel Industrial Co Ltd operates various wastewater treatment facilities and has moved away from traditional production methods that waste water. The company has also implemented programs to reduce CO2 emissions and complies with environmental regulations. Overall, Century Iron And Steel Industrial Co Ltd is a leading steel producer specializing in the production of high-quality steel products for a wide range of applications. The company has an impressive history and has evolved into one of China's most successful companies over the years. Century Iron And Steel Industrial Co Ltd is a responsible company focused on sustainability and environmentally conscious business practices, striving to offer its customers high-quality products at a fair price. Century Iron And Steel Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Century Iron And Steel Industrial Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Century Iron And Steel Industrial 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 Century Iron And Steel Industrial 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 Century Iron And Steel Industrial 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 Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co Stock

What is the price-to-earnings ratio of Century Iron And Steel Industrial Co?

The price-earnings ratio of Century Iron And Steel Industrial Co is currently 30.01.

How has the price-earnings ratio of Century Iron And Steel Industrial Co changed compared to last year?

The price-to-earnings ratio of Century Iron And Steel Industrial Co has increased by 10.09% 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 Century Iron And Steel Industrial Co high compared to other companies?

Yes, the price-to-earnings ratio of Century Iron And Steel Industrial Co is high compared to other companies.

How does an increase in the price-earnings ratio of Century Iron And Steel Industrial Co affect the company?

An increase in the price-earnings ratio of Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co affect the company?

A decrease in the price-earnings ratio of Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co?

Some factors that influence the price-earnings ratio of Century Iron And Steel Industrial Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Century Iron And Steel Industrial Co pay?

Over the past 12 months, Century Iron And Steel Industrial Co paid a dividend of 0.49 TWD . This corresponds to a dividend yield of about 0.16 %. For the coming 12 months, Century Iron And Steel Industrial Co is expected to pay a dividend of 0.49 TWD.

What is the dividend yield of Century Iron And Steel Industrial Co?

The current dividend yield of Century Iron And Steel Industrial Co is 0.16 %.

When does Century Iron And Steel Industrial Co pay dividends?

Century Iron And Steel Industrial Co pays a quarterly dividend. This is distributed in the months of September, September, October, September.

How secure is the dividend of Century Iron And Steel Industrial Co?

Century Iron And Steel Industrial Co paid dividends every year for the past 12 years.

What is the dividend of Century Iron And Steel Industrial Co?

For the upcoming 12 months, dividends amounting to 0.49 TWD are expected. This corresponds to a dividend yield of 0.16 %.

In which sector is Century Iron And Steel Industrial Co located?

Century Iron And Steel Industrial Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Century Iron And Steel Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Century Iron And Steel Industrial Co from 9/26/2023 amounting to 0.494 TWD, you needed to have the stock in your portfolio before the ex-date on 8/31/2023.

When did Century Iron And Steel Industrial Co pay the last dividend?

The last dividend was paid out on 9/26/2023.

What was the dividend of Century Iron And Steel Industrial Co in the year 2023?

In the year 2023, Century Iron And Steel Industrial Co distributed 2.989 TWD as dividends.

In which currency does Century Iron And Steel Industrial Co pay out the dividend?

The dividends of Century Iron And Steel Industrial Co are distributed in TWD.

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Andere Kennzahlen von Century Iron And Steel Industrial Co

Our stock analysis for Century Iron And Steel Industrial 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 Century Iron And Steel Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.