Guangdong Mingyang Electric Co - Stock

Guangdong Mingyang Electric Co P/E 2024

Guangdong Mingyang Electric Co P/E

77.06

Ticker

301291.SZ

ISIN

CNE1000064F5

As of Jun 12, 2024, Guangdong Mingyang Electric Co's P/E ratio was 77.06, a 0% change from the 0 P/E ratio recorded in the previous year.

The Guangdong Mingyang Electric Co P/E history

Guangdong Mingyang Electric Co Aktienanalyse

What does Guangdong Mingyang Electric Co do?

Guangdong Mingyang Electric Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Guangdong Mingyang Electric Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Guangdong Mingyang Electric 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.

Year-to-Year Comparison

Assessing Guangdong Mingyang Electric 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.

Impact on Investments

The P/E ratio of Guangdong Mingyang Electric 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.

Interpreting P/E Ratio Fluctuations

Fluctuations in Guangdong Mingyang Electric 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.

Frequently Asked Questions about Guangdong Mingyang Electric Co Stock

What is the price-to-earnings ratio of Guangdong Mingyang Electric Co?

The price-earnings ratio of Guangdong Mingyang Electric Co is currently 77.06.

How has the price-earnings ratio of Guangdong Mingyang Electric Co changed compared to last year?

The price-to-earnings ratio of Guangdong Mingyang Electric Co has increased by 0% 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 Guangdong Mingyang Electric Co high compared to other companies?

Yes, the price-to-earnings ratio of Guangdong Mingyang Electric Co is high compared to other companies.

How does an increase in the price-earnings ratio of Guangdong Mingyang Electric Co affect the company?

An increase in the price-earnings ratio of Guangdong Mingyang Electric Co 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 Guangdong Mingyang Electric Co affect the company?

A decrease in the price-earnings ratio of Guangdong Mingyang Electric Co 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 Guangdong Mingyang Electric Co?

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

How much dividend does Guangdong Mingyang Electric Co pay?

Over the past 12 months, Guangdong Mingyang Electric Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Guangdong Mingyang Electric Co is expected to pay a dividend of 0.08 CNY.

What is the dividend yield of Guangdong Mingyang Electric Co?

The current dividend yield of Guangdong Mingyang Electric Co is .

When does Guangdong Mingyang Electric Co pay dividends?

Guangdong Mingyang Electric Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Guangdong Mingyang Electric Co?

Guangdong Mingyang Electric Co paid dividends every year for the past 0 years.

What is the dividend of Guangdong Mingyang Electric Co?

For the upcoming 12 months, dividends amounting to 0.08 CNY are expected. This corresponds to a dividend yield of 0.24 %.

In which sector is Guangdong Mingyang Electric Co located?

Guangdong Mingyang Electric Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Guangdong Mingyang Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Guangdong Mingyang Electric Co from 10/24/2023 amounting to 0.08 CNY, you needed to have the stock in your portfolio before the ex-date on 10/24/2023.

When did Guangdong Mingyang Electric Co pay the last dividend?

The last dividend was paid out on 10/24/2023.

What was the dividend of Guangdong Mingyang Electric Co in the year 2023?

In the year 2023, Guangdong Mingyang Electric Co distributed 0 CNY as dividends.

In which currency does Guangdong Mingyang Electric Co pay out the dividend?

The dividends of Guangdong Mingyang Electric Co are distributed in CNY.

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Andere Kennzahlen von Guangdong Mingyang Electric Co

Our stock analysis for Guangdong Mingyang Electric 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 Guangdong Mingyang Electric Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.