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Formosan Rubber Group Stock

Formosan Rubber Group P/S 2024

Formosan Rubber Group P/S

5.76

Ticker

2107.TW

ISIN

TW0002107000

As of Sep 20, 2024, Formosan Rubber Group's P/S ratio stood at 5.76, a 49.61% change from the 3.85 P/S ratio recorded in the previous year.

The Formosan Rubber Group P/S history

Formosan Rubber Group Aktienanalyse

What does Formosan Rubber Group do?

The Formosan Rubber Group Inc. is a leading company in the production of rubber and plastic products. It was founded in Taiwan in 1945 and is headquartered in Taipei. Since its establishment, the company has undergone impressive development. The company's history began with the founding of Taiwan Currency Printing Co., Ltd. in 1941, which printed banknotes. After World War II, domestic demand shifted and since the company specialized in banknotes, it faced financial difficulties. As a result, it was acquired in 1945 by Hachikoh Rubber Industry Co. Ltd. and renamed Formosan Rubber Industries Inc. The main business of the company in its early years was the production of radial tires for vehicles. In the following decades, the company diversified its business areas and began to focus on other areas such as industrial, hose, and transportation tires. It has also established subsidiaries in various countries such as the USA, Canada, Japan, and Singapore. In 1989, Formosan Rubber Industries Inc. was transformed into a holding company and renamed Formosan Rubber Group Inc. The transformation allowed the company to expand its business activities and investments in other areas such as electronics, food, and mechanical engineering. Today, Formosan Rubber Group Inc. is active in various business sectors including the production of tires, hoses, mats, foams, and other plastic products. It has also expanded into other areas such as electronics, agriculture, real estate, and finance. The company works closely with customers from various industries, including the automotive, construction, agriculture, and electronics industries. In terms of its products, Formosan Rubber Group Inc. offers a wide range of rubber and plastic products, including tires, hoses, mats, and foams. In summary, Formosan Rubber Group Inc. has undergone impressive development since its founding in 1945. It has evolved from manufacturing radial tires and is now a leading company in the production of rubber and plastic products, expanding into various business areas such as electronics, food, and mechanical engineering. With its technical expertise and commitment to quality, Formosan Rubber Group Inc. is well positioned to continue growing and thriving in the years to come. Formosan Rubber Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Formosan Rubber Group's P/S Ratio

Formosan Rubber Group'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 Formosan Rubber Group'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 Formosan Rubber Group'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 Formosan Rubber Group’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 Formosan Rubber Group stock

What is the price-to-earnings ratio of Formosan Rubber Group?

The price-earnings ratio of Formosan Rubber Group is currently 5.76.

How has the price-earnings ratio of Formosan Rubber Group changed compared to last year?

The price-to-earnings ratio of Formosan Rubber Group has increased by 49.61% 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 Formosan Rubber Group high compared to other companies?

Yes, the price-to-earnings ratio of Formosan Rubber Group is high compared to other companies.

How does an increase in the price-earnings ratio of Formosan Rubber Group affect the company?

An increase in the price-earnings ratio of Formosan Rubber Group 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 Formosan Rubber Group affect the company?

A decrease in the price-earnings ratio of Formosan Rubber Group 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 Formosan Rubber Group?

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

How much dividend does Formosan Rubber Group pay?

Over the past 12 months, Formosan Rubber Group paid a dividend of 2.44 TWD . This corresponds to a dividend yield of about 9.38 %. For the coming 12 months, Formosan Rubber Group is expected to pay a dividend of 2.44 TWD.

What is the dividend yield of Formosan Rubber Group?

The current dividend yield of Formosan Rubber Group is 9.38 %.

When does Formosan Rubber Group pay dividends?

Formosan Rubber Group pays a quarterly dividend. This is distributed in the months of August, August, October, August.

How secure is the dividend of Formosan Rubber Group?

Formosan Rubber Group paid dividends every year for the past 17 years.

What is the dividend of Formosan Rubber Group?

For the upcoming 12 months, dividends amounting to 2.44 TWD are expected. This corresponds to a dividend yield of 9.38 %.

In which sector is Formosan Rubber Group located?

Formosan Rubber Group is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Formosan Rubber Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Formosan Rubber Group from 7/23/2024 amounting to 1.3 TWD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did Formosan Rubber Group pay the last dividend?

The last dividend was paid out on 7/23/2024.

What was the dividend of Formosan Rubber Group in the year 2023?

In the year 2023, Formosan Rubber Group distributed 1.2 TWD as dividends.

In which currency does Formosan Rubber Group pay out the dividend?

The dividends of Formosan Rubber Group are distributed in TWD.

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Andere Kennzahlen von Formosan Rubber Group

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