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China Ocean Group Development Stock

China Ocean Group Development P/E 2024

China Ocean Group Development P/E

-6.63

Ticker

8047.HK

ISIN

BMG2114V1037

As of Nov 15, 2024, China Ocean Group Development's P/E ratio was -6.63, a -50.49% change from the -13.39 P/E ratio recorded in the previous year.

The China Ocean Group Development P/E 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/E Details

Deciphering China Ocean Group Development's P/E Ratio

The Price to Earnings (P/E) Ratio of China Ocean Group Development 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 China Ocean Group Development'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 China Ocean Group Development 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 China Ocean Group Development’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 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 -6.63.

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 -50.49% 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 11/15/2024 amounting to 0 HKD, you needed to have the stock in your portfolio before the ex-date on 11/15/2024.

When did China Ocean Group Development pay the last dividend?

The last dividend was paid out on 11/15/2024.

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.