IT Tech Packaging Stock

IT Tech Packaging P/E 2024

IT Tech Packaging P/E

-0.45

Ticker

ITP

ISIN

US46527C2098

As of Nov 18, 2024, IT Tech Packaging's P/E ratio was -0.45, a -57.14% change from the -1.05 P/E ratio recorded in the previous year.

The IT Tech Packaging P/E history

IT Tech Packaging Aktienanalyse

What does IT Tech Packaging do?

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

P/E Details

Deciphering IT Tech Packaging's P/E Ratio

The Price to Earnings (P/E) Ratio of IT Tech Packaging 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 IT Tech Packaging'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 IT Tech Packaging 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 IT Tech Packaging’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 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 -0.45.

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 -57.14% 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 69.72 %. 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 69.72 %.

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.

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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.