What is the price-to-earnings ratio of Cosco Shipping International (Hongkong) Co?
The price-earnings ratio of Cosco Shipping International (Hongkong) Co is currently 7.9.
As of Dec 12, 2024, Cosco Shipping International (Hongkong) Co's P/E ratio was 7.9, a 20.24% change from the 6.57 P/E ratio recorded in the previous year.
The Price to Earnings (P/E) Ratio of Cosco Shipping International (Hongkong) Co 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.
Assessing Cosco Shipping International (Hongkong) Co'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.
The P/E ratio of Cosco Shipping International (Hongkong) Co 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.
Fluctuations in Cosco Shipping International (Hongkong) Co’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.
The price-earnings ratio of Cosco Shipping International (Hongkong) Co is currently 7.9.
The price-to-earnings ratio of Cosco Shipping International (Hongkong) Co has increased by 20.24% increased compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Cosco Shipping International (Hongkong) Co is high compared to other companies.
An increase in the price-earnings ratio of Cosco Shipping International (Hongkong) Co would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Cosco Shipping International (Hongkong) Co would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Cosco Shipping International (Hongkong) Co are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Cosco Shipping International (Hongkong) Co paid a dividend of 0.57 HKD . This corresponds to a dividend yield of about 13.42 %. For the coming 12 months, Cosco Shipping International (Hongkong) Co is expected to pay a dividend of 0.57 HKD.
The current dividend yield of Cosco Shipping International (Hongkong) Co is 13.42 %.
Cosco Shipping International (Hongkong) Co pays a quarterly dividend. This is distributed in the months of July, July, October, October.
Cosco Shipping International (Hongkong) Co paid dividends every year for the past 22 years.
For the upcoming 12 months, dividends amounting to 0.57 HKD are expected. This corresponds to a dividend yield of 13.43 %.
Cosco Shipping International (Hongkong) Co is assigned to the 'Industry' sector.
To receive the latest dividend of Cosco Shipping International (Hongkong) Co from 9/25/2024 amounting to 0.03 HKD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.
The last dividend was paid out on 9/25/2024.
In the year 2023, Cosco Shipping International (Hongkong) Co distributed 0.2 HKD as dividends.
The dividends of Cosco Shipping International (Hongkong) Co are distributed in HKD.
Our stock analysis for Cosco Shipping International (Hongkong) Co 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 Cosco Shipping International (Hongkong) Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.