Gree Electric Appliances Inc of Zhuhai Stock

Gree Electric Appliances Inc of Zhuhai P/E 2024

Gree Electric Appliances Inc of Zhuhai P/E

7.44

Ticker

000651.SZ

ISIN

CNE0000001D4

WKN

A0M3HE

As of Sep 25, 2024, Gree Electric Appliances Inc of Zhuhai's P/E ratio was 7.44, a 20.98% change from the 6.15 P/E ratio recorded in the previous year.

The Gree Electric Appliances Inc of Zhuhai P/E history

Gree Electric Appliances Inc of Zhuhai Aktienanalyse

What does Gree Electric Appliances Inc of Zhuhai do?

Gree Electric Appliances Inc of Zhuhai is a leading Chinese company that specializes in producing air conditioning units, home appliances, mobile phones, and other electronics. Gree Electric Appliances Inc of Zhuhai ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Gree Electric Appliances Inc of Zhuhai's P/E Ratio

The Price to Earnings (P/E) Ratio of Gree Electric Appliances Inc of Zhuhai 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 Gree Electric Appliances Inc of Zhuhai'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 Gree Electric Appliances Inc of Zhuhai 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 Gree Electric Appliances Inc of Zhuhai’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 Gree Electric Appliances Inc of Zhuhai stock

What is the price-to-earnings ratio of Gree Electric Appliances Inc of Zhuhai?

The price-earnings ratio of Gree Electric Appliances Inc of Zhuhai is currently 7.44.

How has the price-earnings ratio of Gree Electric Appliances Inc of Zhuhai changed compared to last year?

The price-to-earnings ratio of Gree Electric Appliances Inc of Zhuhai has increased by 20.98% 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 Gree Electric Appliances Inc of Zhuhai high compared to other companies?

Yes, the price-to-earnings ratio of Gree Electric Appliances Inc of Zhuhai is high compared to other companies.

How does an increase in the price-earnings ratio of Gree Electric Appliances Inc of Zhuhai affect the company?

An increase in the price-earnings ratio of Gree Electric Appliances Inc of Zhuhai 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 Gree Electric Appliances Inc of Zhuhai affect the company?

A decrease in the price-earnings ratio of Gree Electric Appliances Inc of Zhuhai 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 Gree Electric Appliances Inc of Zhuhai?

Some factors that influence the price-earnings ratio of Gree Electric Appliances Inc of Zhuhai are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Gree Electric Appliances Inc of Zhuhai pay?

Over the past 12 months, Gree Electric Appliances Inc of Zhuhai paid a dividend of 2 CNY . This corresponds to a dividend yield of about 4.82 %. For the coming 12 months, Gree Electric Appliances Inc of Zhuhai is expected to pay a dividend of 2.16 CNY.

What is the dividend yield of Gree Electric Appliances Inc of Zhuhai?

The current dividend yield of Gree Electric Appliances Inc of Zhuhai is 4.82 %.

When does Gree Electric Appliances Inc of Zhuhai pay dividends?

Gree Electric Appliances Inc of Zhuhai pays a quarterly dividend. This is distributed in the months of September, March, September, September.

How secure is the dividend of Gree Electric Appliances Inc of Zhuhai?

Gree Electric Appliances Inc of Zhuhai paid dividends every year for the past 0 years.

What is the dividend of Gree Electric Appliances Inc of Zhuhai?

For the upcoming 12 months, dividends amounting to 2.16 CNY are expected. This corresponds to a dividend yield of 5.21 %.

In which sector is Gree Electric Appliances Inc of Zhuhai located?

Gree Electric Appliances Inc of Zhuhai is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Gree Electric Appliances Inc of Zhuhai kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gree Electric Appliances Inc of Zhuhai from 8/28/2024 amounting to 2.38 CNY, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did Gree Electric Appliances Inc of Zhuhai pay the last dividend?

The last dividend was paid out on 8/28/2024.

What was the dividend of Gree Electric Appliances Inc of Zhuhai in the year 2023?

In the year 2023, Gree Electric Appliances Inc of Zhuhai distributed 3 CNY as dividends.

In which currency does Gree Electric Appliances Inc of Zhuhai pay out the dividend?

The dividends of Gree Electric Appliances Inc of Zhuhai are distributed in CNY.

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Andere Kennzahlen von Gree Electric Appliances Inc of Zhuhai

Our stock analysis for Gree Electric Appliances Inc of Zhuhai 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 Gree Electric Appliances Inc of Zhuhai Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.