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China Tourism Group Duty Free Corp Stock

China Tourism Group Duty Free Corp P/E 2024

China Tourism Group Duty Free Corp P/E

20.56

Ticker

601888.SS

ISIN

CNE100000G29

WKN

A1CYX6

As of Sep 12, 2024, China Tourism Group Duty Free Corp's P/E ratio was 20.56, a -44.83% change from the 37.27 P/E ratio recorded in the previous year.

The China Tourism Group Duty Free Corp P/E history

China Tourism Group Duty Free Corp Aktienanalyse

What does China Tourism Group Duty Free Corp do?

China Tourism Group Duty Free Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Tourism Group Duty Free Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of China Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp'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 Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp’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 Tourism Group Duty Free Corp stock

What is the price-to-earnings ratio of China Tourism Group Duty Free Corp?

The price-earnings ratio of China Tourism Group Duty Free Corp is currently 20.56.

How has the price-earnings ratio of China Tourism Group Duty Free Corp changed compared to last year?

The price-to-earnings ratio of China Tourism Group Duty Free Corp has increased by -44.83% 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 Tourism Group Duty Free Corp high compared to other companies?

Yes, the price-to-earnings ratio of China Tourism Group Duty Free Corp is high compared to other companies.

How does an increase in the price-earnings ratio of China Tourism Group Duty Free Corp affect the company?

An increase in the price-earnings ratio of China Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp affect the company?

A decrease in the price-earnings ratio of China Tourism Group Duty Free Corp 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 Tourism Group Duty Free Corp?

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

How much dividend does China Tourism Group Duty Free Corp pay?

Over the past 12 months, China Tourism Group Duty Free Corp paid a dividend of 0.8 CNY . This corresponds to a dividend yield of about 1.45 %. For the coming 12 months, China Tourism Group Duty Free Corp is expected to pay a dividend of 0.85 CNY.

What is the dividend yield of China Tourism Group Duty Free Corp?

The current dividend yield of China Tourism Group Duty Free Corp is 1.45 %.

When does China Tourism Group Duty Free Corp pay dividends?

China Tourism Group Duty Free Corp pays a quarterly dividend. This is distributed in the months of July, August, August, July.

How secure is the dividend of China Tourism Group Duty Free Corp?

China Tourism Group Duty Free Corp paid dividends every year for the past 16 years.

What is the dividend of China Tourism Group Duty Free Corp?

For the upcoming 12 months, dividends amounting to 0.85 CNY are expected. This corresponds to a dividend yield of 1.53 %.

In which sector is China Tourism Group Duty Free Corp located?

China Tourism Group Duty Free Corp is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von China Tourism Group Duty Free Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Tourism Group Duty Free Corp from 6/14/2024 amounting to 1.65 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did China Tourism Group Duty Free Corp pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of China Tourism Group Duty Free Corp in the year 2023?

In the year 2023, China Tourism Group Duty Free Corp distributed 1.5 CNY as dividends.

In which currency does China Tourism Group Duty Free Corp pay out the dividend?

The dividends of China Tourism Group Duty Free Corp are distributed in CNY.

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Andere Kennzahlen von China Tourism Group Duty Free Corp

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