Formosa Petrochemical Stock

Formosa Petrochemical P/S 2024

Formosa Petrochemical P/S

0.87

Ticker

6505.TW

ISIN

TW0006505001

WKN

A0BLRK

As of Jul 12, 2024, Formosa Petrochemical's P/S ratio stood at 0.87, a -23.68% change from the 1.14 P/S ratio recorded in the previous year.

The Formosa Petrochemical P/S history

Formosa Petrochemical Aktienanalyse

What does Formosa Petrochemical do?

Formosa Petrochemical Corp is one of the largest petrochemical companies in Taiwan and is a leading company in the Taiwanese chemical industry. The company was founded in 1992 and is headquartered in Mailiao, Yunlin County. However, the company's history goes back even further, as it began with the founding of the Formosa Plastics Group in 1954. Many other companies operate under this umbrella, including Formosa Petrochemical Corp. The business model of Formosa Petrochemical Corp is focused on meeting the needs of customers in various sectors of the economy. The company produces and supplies a wide range of chemical products, including basic chemicals, plastics, rubber, resins, specialty chemicals, and petroleum refinery products. With an annual revenue of over $18 billion USD and more than 10,000 employees worldwide, the company aims to meet the needs of customers in 90 countries around the world. The various divisions of Formosa Petrochemical Corp are divided into six sectors: oilfield services, petroleum refining, petrochemicals, plastics, rubber, and specialty chemicals. Each of these sectors is specialized in the production of chemical products. The petroleum refining division produces and supplies a wide range of petrochemical products, including fuels, lubricants, and other additives used in products such as food, clothing, and cars. The petrochemical division produces various types of basic chemicals that are used as raw materials for the production of plastics, rubber, and specialty chemicals. In the plastics sector, the company produces a variety of products, including polyethylene, polypropylene, PVC, acrylonitrile-butadiene-styrene (ABS), and polycarbonate. These products are used in many different industries, from food packaging to electronics to household products. The rubber division of Formosa Petrochemical Corp produces various types of synthetic rubber used in tires, shoes, hoses, and other products. The specialty chemicals division produces a wide range of products used in many industries, including semiconductors, electronics, and agriculture. Formosa Petrochemical Corp is also a leading provider of oilfield service services, including exploration, production, operation, and maintenance. The company has subsidiaries that search for and exploit oil, gas, coal, and other resources in many regions of the world. Overall, Formosa Petrochemical Corp is an important company in the Taiwanese chemical industry, serving customers in many industries worldwide. The company specializes in the production of chemical products in various sectors and aims to provide innovative and sustainable solutions for its customers. Formosa Petrochemical ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Formosa Petrochemical's P/S Ratio

Formosa Petrochemical's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Formosa Petrochemical's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Formosa Petrochemical's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Formosa Petrochemical’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Formosa Petrochemical stock

What is the price-to-earnings ratio of Formosa Petrochemical?

The price-earnings ratio of Formosa Petrochemical is currently 0.87.

How has the price-earnings ratio of Formosa Petrochemical changed compared to last year?

The price-to-earnings ratio of Formosa Petrochemical has increased by -23.68% 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 Formosa Petrochemical high compared to other companies?

Yes, the price-to-earnings ratio of Formosa Petrochemical is high compared to other companies.

How does an increase in the price-earnings ratio of Formosa Petrochemical affect the company?

An increase in the price-earnings ratio of Formosa Petrochemical 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 Formosa Petrochemical affect the company?

A decrease in the price-earnings ratio of Formosa Petrochemical 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 Formosa Petrochemical?

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

How much dividend does Formosa Petrochemical pay?

Over the past 12 months, Formosa Petrochemical paid a dividend of 1.1 TWD . This corresponds to a dividend yield of about 1.73 %. For the coming 12 months, Formosa Petrochemical is expected to pay a dividend of 1.05 TWD.

What is the dividend yield of Formosa Petrochemical?

The current dividend yield of Formosa Petrochemical is 1.73 %.

When does Formosa Petrochemical pay dividends?

Formosa Petrochemical pays a quarterly dividend. This is distributed in the months of July, August, July, July.

How secure is the dividend of Formosa Petrochemical?

Formosa Petrochemical paid dividends every year for the past 23 years.

What is the dividend of Formosa Petrochemical?

For the upcoming 12 months, dividends amounting to 1.05 TWD are expected. This corresponds to a dividend yield of 1.64 %.

In which sector is Formosa Petrochemical located?

Formosa Petrochemical is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Formosa Petrochemical kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Formosa Petrochemical from 7/12/2023 amounting to 1.1 TWD, you needed to have the stock in your portfolio before the ex-date on 6/13/2023.

When did Formosa Petrochemical pay the last dividend?

The last dividend was paid out on 7/12/2023.

What was the dividend of Formosa Petrochemical in the year 2023?

In the year 2023, Formosa Petrochemical distributed 3.8 TWD as dividends.

In which currency does Formosa Petrochemical pay out the dividend?

The dividends of Formosa Petrochemical are distributed in TWD.

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Andere Kennzahlen von Formosa Petrochemical

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