RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Jiangsu Sanfame Polyester Material Co Stock

Jiangsu Sanfame Polyester Material Co P/E 2024

Jiangsu Sanfame Polyester Material Co P/E

-38.81

Ticker

600370.SS

ISIN

CNE000001DM3

As of Jul 22, 2024, Jiangsu Sanfame Polyester Material Co's P/E ratio was -38.81, a -340.46% change from the 16.14 P/E ratio recorded in the previous year.

The Jiangsu Sanfame Polyester Material Co P/E history

Jiangsu Sanfame Polyester Material Co Aktienanalyse

What does Jiangsu Sanfame Polyester Material Co do?

Jiangsu Sanfame Polyester Material Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Jiangsu Sanfame Polyester Material Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material 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 Sanfame Polyester Material 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 Sanfame Polyester Material 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 Sanfame Polyester Material Co stock

What is the price-to-earnings ratio of Jiangsu Sanfame Polyester Material Co?

The price-earnings ratio of Jiangsu Sanfame Polyester Material Co is currently -38.81.

How has the price-earnings ratio of Jiangsu Sanfame Polyester Material Co changed compared to last year?

The price-to-earnings ratio of Jiangsu Sanfame Polyester Material Co has increased by -340.46% 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 Jiangsu Sanfame Polyester Material Co high compared to other companies?

Yes, the price-to-earnings ratio of Jiangsu Sanfame Polyester Material Co is high compared to other companies.

How does an increase in the price-earnings ratio of Jiangsu Sanfame Polyester Material Co affect the company?

An increase in the price-earnings ratio of Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co affect the company?

A decrease in the price-earnings ratio of Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co?

Some factors that influence the price-earnings ratio of Jiangsu Sanfame Polyester Material Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Jiangsu Sanfame Polyester Material Co pay?

Over the past 12 months, Jiangsu Sanfame Polyester Material Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 12.82 %. For the coming 12 months, Jiangsu Sanfame Polyester Material Co is expected to pay a dividend of 0.15 CNY.

What is the dividend yield of Jiangsu Sanfame Polyester Material Co?

The current dividend yield of Jiangsu Sanfame Polyester Material Co is 12.82 %.

When does Jiangsu Sanfame Polyester Material Co pay dividends?

Jiangsu Sanfame Polyester Material Co pays a quarterly dividend. This is distributed in the months of May, June, June, June.

How secure is the dividend of Jiangsu Sanfame Polyester Material Co?

Jiangsu Sanfame Polyester Material Co paid dividends every year for the past 14 years.

What is the dividend of Jiangsu Sanfame Polyester Material Co?

For the upcoming 12 months, dividends amounting to 0.15 CNY are expected. This corresponds to a dividend yield of 12.82 %.

In which sector is Jiangsu Sanfame Polyester Material Co located?

Jiangsu Sanfame Polyester Material Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Jiangsu Sanfame Polyester Material Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Jiangsu Sanfame Polyester Material Co from 5/8/2023 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 5/8/2023.

When did Jiangsu Sanfame Polyester Material Co pay the last dividend?

The last dividend was paid out on 5/8/2023.

What was the dividend of Jiangsu Sanfame Polyester Material Co in the year 2023?

In the year 2023, Jiangsu Sanfame Polyester Material Co distributed 0.15 CNY as dividends.

In which currency does Jiangsu Sanfame Polyester Material Co pay out the dividend?

The dividends of Jiangsu Sanfame Polyester Material 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 Jiangsu Sanfame Polyester Material Co

Our stock analysis for Jiangsu Sanfame Polyester Material 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 Sanfame Polyester Material Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.