IT Tech Packaging P/S 2024

IT Tech Packaging P/S

0.05

IT Tech Packaging Dividend yield

73.76 %

Ticker

ITP

ISIN

US46527C2098

As of May 31, 2024, IT Tech Packaging's P/S ratio stood at 0.05, a -70.59% change from the 0.17 P/S ratio recorded in the previous year.

The IT Tech Packaging P/S history

IT Tech Packaging Aktienanalyse

What does IT Tech Packaging do?

IT Tech Packaging ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding IT Tech Packaging's P/S Ratio

IT Tech Packaging'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 IT Tech Packaging'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 IT Tech Packaging'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 IT Tech Packaging’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 IT Tech Packaging Stock

What is the price-to-earnings ratio of IT Tech Packaging?

The price-earnings ratio of IT Tech Packaging is currently 0.05.

How has the price-earnings ratio of IT Tech Packaging changed compared to last year?

The price-to-earnings ratio of IT Tech Packaging has increased by -70.59% 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 IT Tech Packaging high compared to other companies?

Yes, the price-to-earnings ratio of IT Tech Packaging is high compared to other companies.

How does an increase in the price-earnings ratio of IT Tech Packaging affect the company?

An increase in the price-earnings ratio of IT Tech Packaging 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 IT Tech Packaging affect the company?

A decrease in the price-earnings ratio of IT Tech Packaging 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 IT Tech Packaging?

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

How much dividend does IT Tech Packaging pay?

Over the past 12 months, IT Tech Packaging paid a dividend of 0.18 USD . This corresponds to a dividend yield of about 73.76 %. For the coming 12 months, IT Tech Packaging is expected to pay a dividend of 0 USD.

What is the dividend yield of IT Tech Packaging?

The current dividend yield of IT Tech Packaging is 73.76 %.

When does IT Tech Packaging pay dividends?

IT Tech Packaging pays a quarterly dividend. This is distributed in the months of October, January, May, December.

How secure is the dividend of IT Tech Packaging?

IT Tech Packaging paid dividends every year for the past 0 years.

What is the dividend of IT Tech Packaging?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is IT Tech Packaging located?

IT Tech Packaging is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von IT Tech Packaging kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of IT Tech Packaging from 12/16/2013 amounting to 0.005 USD, you needed to have the stock in your portfolio before the ex-date on 11/26/2013.

When did IT Tech Packaging pay the last dividend?

The last dividend was paid out on 12/16/2013.

What was the dividend of IT Tech Packaging in the year 2023?

In the year 2023, IT Tech Packaging distributed 0 USD as dividends.

In which currency does IT Tech Packaging pay out the dividend?

The dividends of IT Tech Packaging are distributed in USD.

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 IT Tech Packaging

Our stock analysis for IT Tech Packaging 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 IT Tech Packaging Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.