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Jiangsu LiXing General Steel Ball Co Stock

Jiangsu LiXing General Steel Ball Co P/E 2024

Jiangsu LiXing General Steel Ball Co P/E

46.69

Ticker

300421.SZ

ISIN

CNE100001YJ4

As of Aug 13, 2024, Jiangsu LiXing General Steel Ball Co's P/E ratio was 46.69, a 21.21% change from the 38.52 P/E ratio recorded in the previous year.

The Jiangsu LiXing General Steel Ball Co P/E history

Jiangsu LiXing General Steel Ball Co Aktienanalyse

What does Jiangsu LiXing General Steel Ball Co do?

Jiangsu LiXing General Steel Ball Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Jiangsu LiXing General Steel Ball Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball Co stock

What is the price-to-earnings ratio of Jiangsu LiXing General Steel Ball Co?

The price-earnings ratio of Jiangsu LiXing General Steel Ball Co is currently 46.69.

How has the price-earnings ratio of Jiangsu LiXing General Steel Ball Co changed compared to last year?

The price-to-earnings ratio of Jiangsu LiXing General Steel Ball Co has increased by 21.21% 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 Jiangsu LiXing General Steel Ball Co high compared to other companies?

Yes, the price-to-earnings ratio of Jiangsu LiXing General Steel Ball Co is high compared to other companies.

How does an increase in the price-earnings ratio of Jiangsu LiXing General Steel Ball Co affect the company?

An increase in the price-earnings ratio of Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball Co affect the company?

A decrease in the price-earnings ratio of Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball Co?

Some factors that influence the price-earnings ratio of Jiangsu LiXing General Steel Ball Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Jiangsu LiXing General Steel Ball Co pay?

Over the past 12 months, Jiangsu LiXing General Steel Ball Co paid a dividend of 0.33 CNY . This corresponds to a dividend yield of about 4.03 %. For the coming 12 months, Jiangsu LiXing General Steel Ball Co is expected to pay a dividend of 0.33 CNY.

What is the dividend yield of Jiangsu LiXing General Steel Ball Co?

The current dividend yield of Jiangsu LiXing General Steel Ball Co is 4.03 %.

When does Jiangsu LiXing General Steel Ball Co pay dividends?

Jiangsu LiXing General Steel Ball Co pays a quarterly dividend. This is distributed in the months of June, July, June, December.

How secure is the dividend of Jiangsu LiXing General Steel Ball Co?

Jiangsu LiXing General Steel Ball Co paid dividends every year for the past 9 years.

What is the dividend of Jiangsu LiXing General Steel Ball Co?

For the upcoming 12 months, dividends amounting to 0.33 CNY are expected. This corresponds to a dividend yield of 4.03 %.

In which sector is Jiangsu LiXing General Steel Ball Co located?

Jiangsu LiXing General Steel Ball Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Jiangsu LiXing General Steel Ball Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jiangsu LiXing General Steel Ball Co from 11/10/2023 amounting to 0.25 CNY, you needed to have the stock in your portfolio before the ex-date on 11/10/2023.

When did Jiangsu LiXing General Steel Ball Co pay the last dividend?

The last dividend was paid out on 11/10/2023.

What was the dividend of Jiangsu LiXing General Steel Ball Co in the year 2023?

In the year 2023, Jiangsu LiXing General Steel Ball Co distributed 0.125 CNY as dividends.

In which currency does Jiangsu LiXing General Steel Ball Co pay out the dividend?

The dividends of Jiangsu LiXing General Steel Ball Co are distributed in CNY.

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Andere Kennzahlen von Jiangsu LiXing General Steel Ball Co

Our stock analysis for Jiangsu LiXing General Steel Ball 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 Jiangsu LiXing General Steel Ball Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.