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Hong Kong Economic Times Holdings Stock

Hong Kong Economic Times Holdings P/E 2024

Hong Kong Economic Times Holdings P/E

7.4

Ticker

423.HK

ISIN

KYG4587A1031

WKN

A0F43M

As of Oct 3, 2024, Hong Kong Economic Times Holdings's P/E ratio was 7.4, a -58.71% change from the 17.92 P/E ratio recorded in the previous year.

The Hong Kong Economic Times Holdings P/E history

Hong Kong Economic Times Holdings Aktienanalyse

What does Hong Kong Economic Times Holdings do?

The Hong Kong Economic Times Holdings Ltd is a successful media conglomerate based in Hong Kong. The company was founded in 1988 and has since become a major player in the media industry. The company's business model is based on providing high-quality information and entertainment services. With various divisions, the company covers a wide range of offerings, including print media, digital media, live events, and strategic investments in new technologies. One of the main divisions of Hong Kong Economic Times Holdings Ltd is the publishing of printed newspapers. The publication of daily and weekly newspapers, including the well-known economic newspaper "Hong Kong Economic Times", has been an important part of the company's business model since its founding. With careful reporting on regional and global financial developments, the Economic Times newspapers have gained a large audience in both Hong Kong and other Asian countries. With the growth of digitization and the increasing use of online media, Hong Kong Economic Times Holdings Ltd has also expanded its digital activities. The company aims to increase online news consumption and therefore offers a wide range of digital products, including mobile apps, web portals, and social media platforms that reach people around the world. With its strong online presence, the company is well-positioned to benefit from the growing demand for online services. Another important division of the company is the live events sector. With an extensive range of conferences, seminars, and other events organized by the company, Hong Kong Economic Times Holdings Ltd has earned a reputation as one of the leading event organizers in the region. The company also organizes exhibitions, thus ensuring an outstanding position in the field of market research. In addition to these activities, Hong Kong Economic Times Holdings Ltd is also engaged in strategic investments. The company invests in profitable technologies operating in areas such as telecommunications, e-commerce, software development, and FinTech. These investments are an important part of the company's strategy and a key factor in its growth in recent years. In summary, it can be said that Hong Kong Economic Times Holdings Ltd has managed to establish itself as one of the leading media conglomerates in Asia. With a wide range of products and services in the areas of print and online media, live events, and strategic investments, the company has built a solid foundation for continued success in the future. Hong Kong Economic Times Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Hong Kong Economic Times Holdings's P/E Ratio

The Price to Earnings (P/E) Ratio of Hong Kong Economic Times Holdings 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 Hong Kong Economic Times Holdings'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 Hong Kong Economic Times Holdings 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 Hong Kong Economic Times Holdings’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 Hong Kong Economic Times Holdings stock

What is the price-to-earnings ratio of Hong Kong Economic Times Holdings?

The price-earnings ratio of Hong Kong Economic Times Holdings is currently 7.4.

How has the price-earnings ratio of Hong Kong Economic Times Holdings changed compared to last year?

The price-to-earnings ratio of Hong Kong Economic Times Holdings has increased by -58.71% 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 Hong Kong Economic Times Holdings high compared to other companies?

Yes, the price-to-earnings ratio of Hong Kong Economic Times Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of Hong Kong Economic Times Holdings affect the company?

An increase in the price-earnings ratio of Hong Kong Economic Times Holdings 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 Hong Kong Economic Times Holdings affect the company?

A decrease in the price-earnings ratio of Hong Kong Economic Times Holdings 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 Hong Kong Economic Times Holdings?

Some factors that influence the price-earnings ratio of Hong Kong Economic Times Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Hong Kong Economic Times Holdings pay?

Over the past 12 months, Hong Kong Economic Times Holdings paid a dividend of 0.08 HKD . This corresponds to a dividend yield of about 9.2 %. For the coming 12 months, Hong Kong Economic Times Holdings is expected to pay a dividend of 0.08 HKD.

What is the dividend yield of Hong Kong Economic Times Holdings?

The current dividend yield of Hong Kong Economic Times Holdings is 9.2 %.

When does Hong Kong Economic Times Holdings pay dividends?

Hong Kong Economic Times Holdings pays a quarterly dividend. This is distributed in the months of September, January, September, September.

How secure is the dividend of Hong Kong Economic Times Holdings?

Hong Kong Economic Times Holdings paid dividends every year for the past 20 years.

What is the dividend of Hong Kong Economic Times Holdings?

For the upcoming 12 months, dividends amounting to 0.08 HKD are expected. This corresponds to a dividend yield of 9.2 %.

In which sector is Hong Kong Economic Times Holdings located?

Hong Kong Economic Times Holdings is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Hong Kong Economic Times Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hong Kong Economic Times Holdings from 9/6/2024 amounting to 0.01 HKD, you needed to have the stock in your portfolio before the ex-date on 8/12/2024.

When did Hong Kong Economic Times Holdings pay the last dividend?

The last dividend was paid out on 9/6/2024.

What was the dividend of Hong Kong Economic Times Holdings in the year 2023?

In the year 2023, Hong Kong Economic Times Holdings distributed 0.1 HKD as dividends.

In which currency does Hong Kong Economic Times Holdings pay out the dividend?

The dividends of Hong Kong Economic Times Holdings are distributed in HKD.

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Andere Kennzahlen von Hong Kong Economic Times Holdings

Our stock analysis for Hong Kong Economic Times Holdings 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 Hong Kong Economic Times Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.