What is the price-to-earnings ratio of Citic Press?
The price-earnings ratio of Citic Press is currently 31.13.
Citic Press P/E 2024
Citic Press P/E
31.13
Ticker
300788.SZ
ISIN
CNE100003QL2
As of Nov 5, 2024, Citic Press's P/E ratio was 31.13, a -51.5% change from the 64.18 P/E ratio recorded in the previous year.
The Citic Press P/E history
Citic Press Aktienanalyse
What does Citic Press do?
Citic Press ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Citic Press's P/E Ratio
The Price to Earnings (P/E) Ratio of Citic Press 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 Citic Press'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 Citic Press 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 Citic Press’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 Citic Press stock
How has the price-earnings ratio of Citic Press changed compared to last year?
The price-to-earnings ratio of Citic Press has increased by -51.5% 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 Citic Press high compared to other companies?
Yes, the price-to-earnings ratio of Citic Press is high compared to other companies.
How does an increase in the price-earnings ratio of Citic Press affect the company?
An increase in the price-earnings ratio of Citic Press 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 Citic Press affect the company?
A decrease in the price-earnings ratio of Citic Press 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 Citic Press?
Some factors that influence the price-earnings ratio of Citic Press are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Citic Press pay?
Over the past 12 months, Citic Press paid a dividend of 0.35 CNY . This corresponds to a dividend yield of about 1.17 %. For the coming 12 months, Citic Press is expected to pay a dividend of 0.36 CNY.
What is the dividend yield of Citic Press?
The current dividend yield of Citic Press is 1.17 %.
When does Citic Press pay dividends?
Citic Press pays a quarterly dividend. This is distributed in the months of August, September, August, September.
How secure is the dividend of Citic Press?
Citic Press paid dividends every year for the past 7 years.
What is the dividend of Citic Press?
For the upcoming 12 months, dividends amounting to 0.36 CNY are expected. This corresponds to a dividend yield of 1.2 %.
In which sector is Citic Press located?
Citic Press is assigned to the 'Communication' sector.
Wann musste ich die Aktien von Citic Press kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Citic Press from 8/7/2024 amounting to 0.31 CNY, you needed to have the stock in your portfolio before the ex-date on 8/7/2024.
When did Citic Press pay the last dividend?
The last dividend was paid out on 8/7/2024.
What was the dividend of Citic Press in the year 2023?
In the year 2023, Citic Press distributed 0.508 CNY as dividends.
In which currency does Citic Press pay out the dividend?
The dividends of Citic Press are distributed in CNY.
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Andere Kennzahlen von Citic Press
Our stock analysis for Citic Press 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 Citic Press Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.