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Chennai Petroleum Corporation - Stock

Chennai Petroleum Corporation P/E 2024

Chennai Petroleum Corporation P/E

5.28

Ticker

CHENNPETRO.NS

ISIN

INE178A01016

As of Jun 23, 2024, Chennai Petroleum Corporation's P/E ratio was 5.28, a 227.95% change from the 1.61 P/E ratio recorded in the previous year.

The Chennai Petroleum Corporation P/E history

Chennai Petroleum Corporation Aktienanalyse

What does Chennai Petroleum Corporation do?

Chennai Petroleum Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Chennai Petroleum Corporation's P/E Ratio

The Price to Earnings (P/E) Ratio of Chennai Petroleum Corporation 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 Chennai Petroleum Corporation'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 Chennai Petroleum Corporation 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 Chennai Petroleum Corporation’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 Chennai Petroleum Corporation Stock

What is the price-to-earnings ratio of Chennai Petroleum Corporation?

The price-earnings ratio of Chennai Petroleum Corporation is currently 5.28.

How has the price-earnings ratio of Chennai Petroleum Corporation changed compared to last year?

The price-to-earnings ratio of Chennai Petroleum Corporation has increased by 227.95% 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 Chennai Petroleum Corporation high compared to other companies?

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

How does an increase in the price-earnings ratio of Chennai Petroleum Corporation affect the company?

An increase in the price-earnings ratio of Chennai Petroleum Corporation 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 Chennai Petroleum Corporation affect the company?

A decrease in the price-earnings ratio of Chennai Petroleum Corporation 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 Chennai Petroleum Corporation?

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

How much dividend does Chennai Petroleum Corporation pay?

Over the past 12 months, Chennai Petroleum Corporation paid a dividend of 27 INR . This corresponds to a dividend yield of about 2.79 %. For the coming 12 months, Chennai Petroleum Corporation is expected to pay a dividend of 27 INR.

What is the dividend yield of Chennai Petroleum Corporation?

The current dividend yield of Chennai Petroleum Corporation is 2.79 %.

When does Chennai Petroleum Corporation pay dividends?

Chennai Petroleum Corporation pays a quarterly dividend. This is distributed in the months of September, September, September, September.

How secure is the dividend of Chennai Petroleum Corporation?

Chennai Petroleum Corporation paid dividends every year for the past 2 years.

What is the dividend of Chennai Petroleum Corporation?

For the upcoming 12 months, dividends amounting to 27 INR are expected. This corresponds to a dividend yield of 2.79 %.

In which sector is Chennai Petroleum Corporation located?

Chennai Petroleum Corporation is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Chennai Petroleum Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chennai Petroleum Corporation from 9/21/2023 amounting to 27 INR, you needed to have the stock in your portfolio before the ex-date on 8/4/2023.

When did Chennai Petroleum Corporation pay the last dividend?

The last dividend was paid out on 9/21/2023.

What was the dividend of Chennai Petroleum Corporation in the year 2023?

In the year 2023, Chennai Petroleum Corporation distributed 2 INR as dividends.

In which currency does Chennai Petroleum Corporation pay out the dividend?

The dividends of Chennai Petroleum Corporation are distributed in INR.

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Andere Kennzahlen von Chennai Petroleum Corporation

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