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China Ocean Group Development Stock

China Ocean Group Development P/S 2024

China Ocean Group Development P/S

0.62

Ticker

8047.HK

ISIN

BMG2114V1037

As of Dec 18, 2024, China Ocean Group Development's P/S ratio stood at 0.62, a -77.12% change from the 2.71 P/S ratio recorded in the previous year.

The China Ocean Group Development P/S history

China Ocean Group Development Aktienanalyse

What does China Ocean Group Development do?

China Ocean Group Development ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding China Ocean Group Development's P/S Ratio

China Ocean Group Development'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 China Ocean Group Development'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 China Ocean Group Development'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 China Ocean Group Development’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 China Ocean Group Development stock

What is the price-to-earnings ratio of China Ocean Group Development?

The price-earnings ratio of China Ocean Group Development is currently 0.62.

How has the price-earnings ratio of China Ocean Group Development changed compared to last year?

The price-to-earnings ratio of China Ocean Group Development has increased by -77.12% 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 China Ocean Group Development high compared to other companies?

Yes, the price-to-earnings ratio of China Ocean Group Development is high compared to other companies.

How does an increase in the price-earnings ratio of China Ocean Group Development affect the company?

An increase in the price-earnings ratio of China Ocean Group Development 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 China Ocean Group Development affect the company?

A decrease in the price-earnings ratio of China Ocean Group Development 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 China Ocean Group Development?

Some factors that influence the price-earnings ratio of China Ocean Group Development are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does China Ocean Group Development pay?

Over the past 12 months, China Ocean Group Development paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, China Ocean Group Development is expected to pay a dividend of 0 HKD.

What is the dividend yield of China Ocean Group Development?

The current dividend yield of China Ocean Group Development is .

When does China Ocean Group Development pay dividends?

China Ocean Group Development pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of China Ocean Group Development?

China Ocean Group Development paid dividends every year for the past 0 years.

What is the dividend of China Ocean Group Development?

For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.

In which sector is China Ocean Group Development located?

China Ocean Group Development is assigned to the 'Industry' sector.

Wann musste ich die Aktien von China Ocean Group Development kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Ocean Group Development from 12/18/2024 amounting to 0 HKD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.

When did China Ocean Group Development pay the last dividend?

The last dividend was paid out on 12/18/2024.

What was the dividend of China Ocean Group Development in the year 2023?

In the year 2023, China Ocean Group Development distributed 0 HKD as dividends.

In which currency does China Ocean Group Development pay out the dividend?

The dividends of China Ocean Group Development are distributed in HKD.

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Andere Kennzahlen von China Ocean Group Development

Our stock analysis for China Ocean Group Development 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 China Ocean Group Development Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.