What is the price-to-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine Co?
The price-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine Co is currently 1.52.
Harbin Electric Corporation Jiamusi Electric Machine Co P/S 2024
Harbin Electric Corporation Jiamusi Electric Machine Co P/S
1.52
Ticker
000922.SZ
ISIN
CNE0000007V3
As of Sep 19, 2024, Harbin Electric Corporation Jiamusi Electric Machine Co's P/S ratio stood at 1.52, a 3.4% change from the 1.47 P/S ratio recorded in the previous year.
The Harbin Electric Corporation Jiamusi Electric Machine Co P/S history
Harbin Electric Corporation Jiamusi Electric Machine Co Aktienanalyse
What does Harbin Electric Corporation Jiamusi Electric Machine Co do?
Harbin Electric Corporation Jiamusi Electric Machine Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Harbin Electric Corporation Jiamusi Electric Machine Co's P/S Ratio
Harbin Electric Corporation Jiamusi Electric Machine Co'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 Harbin Electric Corporation Jiamusi Electric Machine Co'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 Harbin Electric Corporation Jiamusi Electric Machine Co'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 Harbin Electric Corporation Jiamusi Electric Machine Co’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 Harbin Electric Corporation Jiamusi Electric Machine Co stock
How has the price-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine Co changed compared to last year?
The price-to-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine Co has increased by 3.4% 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 Harbin Electric Corporation Jiamusi Electric Machine Co high compared to other companies?
Yes, the price-to-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine Co is high compared to other companies.
How does an increase in the price-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine Co affect the company?
An increase in the price-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine 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 Harbin Electric Corporation Jiamusi Electric Machine Co affect the company?
A decrease in the price-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine 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 Harbin Electric Corporation Jiamusi Electric Machine Co?
Some factors that influence the price-earnings ratio of Harbin Electric Corporation Jiamusi Electric Machine Co are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Harbin Electric Corporation Jiamusi Electric Machine Co pay?
Over the past 12 months, Harbin Electric Corporation Jiamusi Electric Machine Co paid a dividend of 0.12 CNY . This corresponds to a dividend yield of about 1.35 %. For the coming 12 months, Harbin Electric Corporation Jiamusi Electric Machine Co is expected to pay a dividend of 0.13 CNY.
What is the dividend yield of Harbin Electric Corporation Jiamusi Electric Machine Co?
The current dividend yield of Harbin Electric Corporation Jiamusi Electric Machine Co is 1.35 %.
When does Harbin Electric Corporation Jiamusi Electric Machine Co pay dividends?
Harbin Electric Corporation Jiamusi Electric Machine Co pays a quarterly dividend. This is distributed in the months of June, June, July, July.
How secure is the dividend of Harbin Electric Corporation Jiamusi Electric Machine Co?
Harbin Electric Corporation Jiamusi Electric Machine Co paid dividends every year for the past 7 years.
What is the dividend of Harbin Electric Corporation Jiamusi Electric Machine Co?
For the upcoming 12 months, dividends amounting to 0.13 CNY are expected. This corresponds to a dividend yield of 1.47 %.
In which sector is Harbin Electric Corporation Jiamusi Electric Machine Co located?
Harbin Electric Corporation Jiamusi Electric Machine Co is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Harbin Electric Corporation Jiamusi Electric Machine Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Harbin Electric Corporation Jiamusi Electric Machine Co from 6/4/2024 amounting to 0.202 CNY, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.
When did Harbin Electric Corporation Jiamusi Electric Machine Co pay the last dividend?
The last dividend was paid out on 6/4/2024.
What was the dividend of Harbin Electric Corporation Jiamusi Electric Machine Co in the year 2023?
In the year 2023, Harbin Electric Corporation Jiamusi Electric Machine Co distributed 0.08 CNY as dividends.
In which currency does Harbin Electric Corporation Jiamusi Electric Machine Co pay out the dividend?
The dividends of Harbin Electric Corporation Jiamusi Electric Machine Co are distributed in CNY.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Harbin Electric Corporation Jiamusi Electric Machine Co
Our stock analysis for Harbin Electric Corporation Jiamusi Electric Machine 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 Harbin Electric Corporation Jiamusi Electric Machine Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Harbin Electric Corporation Jiamusi Electric Machine Co Revenue
- Harbin Electric Corporation Jiamusi Electric Machine Co Net Income
- Harbin Electric Corporation Jiamusi Electric Machine Co P/E
- Harbin Electric Corporation Jiamusi Electric Machine Co P/S
- Harbin Electric Corporation Jiamusi Electric Machine Co EBIT
- Harbin Electric Corporation Jiamusi Electric Machine Co Dividend
- Harbin Electric Corporation Jiamusi Electric Machine Co Stocks
- Harbin Electric Corporation Jiamusi Electric Machine Co Market capitalization
- Harbin Electric Corporation Jiamusi Electric Machine Co Debt
- Harbin Electric Corporation Jiamusi Electric Machine Co Liabilities
- Harbin Electric Corporation Jiamusi Electric Machine Co Equity
- Harbin Electric Corporation Jiamusi Electric Machine Co AAQS
- Harbin Electric Corporation Jiamusi Electric Machine Co Employees
- Harbin Electric Corporation Jiamusi Electric Machine Co ROE
- Harbin Electric Corporation Jiamusi Electric Machine Co ROA
- Harbin Electric Corporation Jiamusi Electric Machine Co ROCE