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Cheng Mei Materials Technology Stock

Cheng Mei Materials Technology P/S 2024

Cheng Mei Materials Technology P/S

0.72

Ticker

4960.TW

ISIN

TW0004960000

As of Sep 1, 2024, Cheng Mei Materials Technology's P/S ratio stood at 0.72, a -13.25% change from the 0.83 P/S ratio recorded in the previous year.

The Cheng Mei Materials Technology P/S history

Cheng Mei Materials Technology Aktienanalyse

What does Cheng Mei Materials Technology do?

Cheng Mei Materials Technology Corp is a leading company in the manufacturing of technical plastics and composite materials for various industries worldwide. The company is based in Taiwan and was founded in 1990. Cheng Mei Materials Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Cheng Mei Materials Technology's P/S Ratio

Cheng Mei Materials Technology'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 Cheng Mei Materials Technology'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 Cheng Mei Materials Technology'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 Cheng Mei Materials Technology’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 Cheng Mei Materials Technology stock

What is the price-to-earnings ratio of Cheng Mei Materials Technology?

The price-earnings ratio of Cheng Mei Materials Technology is currently 0.72.

How has the price-earnings ratio of Cheng Mei Materials Technology changed compared to last year?

The price-to-earnings ratio of Cheng Mei Materials Technology has increased by -13.25% 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 Cheng Mei Materials Technology high compared to other companies?

Yes, the price-to-earnings ratio of Cheng Mei Materials Technology is high compared to other companies.

How does an increase in the price-earnings ratio of Cheng Mei Materials Technology affect the company?

An increase in the price-earnings ratio of Cheng Mei Materials Technology 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 Cheng Mei Materials Technology affect the company?

A decrease in the price-earnings ratio of Cheng Mei Materials Technology 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 Cheng Mei Materials Technology?

Some factors that influence the price-earnings ratio of Cheng Mei Materials Technology are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Cheng Mei Materials Technology pay?

Over the past 12 months, Cheng Mei Materials Technology paid a dividend of 2.07 TWD . This corresponds to a dividend yield of about 14.82 %. For the coming 12 months, Cheng Mei Materials Technology is expected to pay a dividend of 2.07 TWD.

What is the dividend yield of Cheng Mei Materials Technology?

The current dividend yield of Cheng Mei Materials Technology is 14.82 %.

When does Cheng Mei Materials Technology pay dividends?

Cheng Mei Materials Technology pays a quarterly dividend. This is distributed in the months of August, August, May, August.

How secure is the dividend of Cheng Mei Materials Technology?

Cheng Mei Materials Technology paid dividends every year for the past 2 years.

What is the dividend of Cheng Mei Materials Technology?

For the upcoming 12 months, dividends amounting to 2.07 TWD are expected. This corresponds to a dividend yield of 14.82 %.

In which sector is Cheng Mei Materials Technology located?

Cheng Mei Materials Technology is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Cheng Mei Materials Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cheng Mei Materials Technology from 8/11/2023 amounting to 0.3 TWD, you needed to have the stock in your portfolio before the ex-date on 7/17/2023.

When did Cheng Mei Materials Technology pay the last dividend?

The last dividend was paid out on 8/11/2023.

What was the dividend of Cheng Mei Materials Technology in the year 2023?

In the year 2023, Cheng Mei Materials Technology distributed 0.589 TWD as dividends.

In which currency does Cheng Mei Materials Technology pay out the dividend?

The dividends of Cheng Mei Materials Technology are distributed in TWD.

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Andere Kennzahlen von Cheng Mei Materials Technology

Our stock analysis for Cheng Mei Materials Technology 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 Cheng Mei Materials Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.