China Tower Corp - Stock

China Tower Corp P/E 2024

China Tower Corp P/E

51.26

Ticker

788.HK

ISIN

CNE100003688

WKN

A2JRL2

As of Jun 24, 2024, China Tower Corp's P/E ratio was 51.26, a 262.77% change from the 14.13 P/E ratio recorded in the previous year.

The China Tower Corp P/E history

China Tower Corp Aktienanalyse

What does China Tower Corp do?

China Tower Corp Ltd is a Chinese company that was founded in 2014. It is a state-owned enterprise and is 67.28% owned by three of the largest Chinese mobile operators, China Mobile, China Unicom, and China Telecom. The company specializes in the construction, management, and operation of mobile towers and is the largest operator of mobile towers in China and globally. China Tower Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering China Tower Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of China Tower 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 Tower 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 Tower 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 Tower 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 Tower Corp Stock

What is the price-to-earnings ratio of China Tower Corp?

The price-earnings ratio of China Tower Corp is currently 51.26.

How has the price-earnings ratio of China Tower Corp changed compared to last year?

The price-to-earnings ratio of China Tower Corp has increased by 262.77% 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 China Tower Corp high compared to other companies?

Yes, the price-to-earnings ratio of China Tower Corp is high compared to other companies.

How does an increase in the price-earnings ratio of China Tower Corp affect the company?

An increase in the price-earnings ratio of China Tower 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 Tower Corp affect the company?

A decrease in the price-earnings ratio of China Tower 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 Tower Corp?

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

How much dividend does China Tower Corp pay?

Over the past 12 months, China Tower Corp paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 3.94 %. For the coming 12 months, China Tower Corp is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of China Tower Corp?

The current dividend yield of China Tower Corp is 3.94 %.

When does China Tower Corp pay dividends?

China Tower Corp pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of China Tower Corp?

China Tower Corp paid dividends every year for the past 12 years.

What is the dividend of China Tower Corp?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 4.01 %.

In which sector is China Tower Corp located?

China Tower Corp is assigned to the 'Communication' sector.

Wann musste ich die Aktien von China Tower Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Tower Corp from 6/28/2024 amounting to 0.041 CNY, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.

When did China Tower Corp pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of China Tower Corp in the year 2023?

In the year 2023, China Tower Corp distributed 0.031 CNY as dividends.

In which currency does China Tower Corp pay out the dividend?

The dividends of China Tower Corp are distributed in CNY.

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Andere Kennzahlen von China Tower Corp

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