Metallurgical Corporation of China Stock

Metallurgical Corporation of China P/E 2024

Metallurgical Corporation of China P/E

8.43

Ticker

601618.SS

ISIN

CNE100000FX6

As of Oct 10, 2024, Metallurgical Corporation of China's P/E ratio was 8.43, a -31.01% change from the 12.22 P/E ratio recorded in the previous year.

The Metallurgical Corporation of China P/E history

Metallurgical Corporation of China Aktienanalyse

What does Metallurgical Corporation of China do?

The Metallurgical Corporation of China Ltd, also known as MCC, is a Chinese company that operates in the mining, metallurgy, and engineering sectors. Founded in 1982, the company has experienced steady growth and is now one of the largest firms in China. The business model of MCC focuses on projects in the field of resource extraction, particularly in mining and metallurgy. The company is involved in both the construction and operation of mines, foundries, and processing plants. Large-scale infrastructure projects, such as road construction or bridge construction, are also included in MCC's portfolio. The various divisions of MCC are divided into three areas: MCC Group, MCC Hong Kong, and MCC International. MCC Group is the main company and operates most of the businesses, while the other two divisions are primarily responsible for trading and project financing. The product range of MCC includes a variety of raw materials, including iron, steel, copper, aluminum, zinc, and lead. In addition, the company offers a wide range of services, such as engineering, construction and maintenance of facilities and machinery, as well as consulting and logistics. MCC is particularly notable for its experience in exploring new mining areas. In the past, the company has successfully developed large reserves and discovered new sources of raw materials. Thanks to state-of-the-art technology and extensive experience, MCC is capable of handling difficult conditions in remote areas. Overall, MCC is a company that stands out for its broad range of expertise and long-standing experience in the field of resource extraction. The high level of expertise and successful implementation of projects in China and worldwide make MCC one of the leading companies in this field. Metallurgical Corporation of China ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Metallurgical Corporation of China's P/E Ratio

The Price to Earnings (P/E) Ratio of Metallurgical Corporation of China 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 Metallurgical Corporation of China'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 Metallurgical Corporation of China 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 Metallurgical Corporation of China’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 Metallurgical Corporation of China stock

What is the price-to-earnings ratio of Metallurgical Corporation of China?

The price-earnings ratio of Metallurgical Corporation of China is currently 8.43.

How has the price-earnings ratio of Metallurgical Corporation of China changed compared to last year?

The price-to-earnings ratio of Metallurgical Corporation of China has increased by -31.01% 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 Metallurgical Corporation of China high compared to other companies?

Yes, the price-to-earnings ratio of Metallurgical Corporation of China is high compared to other companies.

How does an increase in the price-earnings ratio of Metallurgical Corporation of China affect the company?

An increase in the price-earnings ratio of Metallurgical Corporation of China 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 Metallurgical Corporation of China affect the company?

A decrease in the price-earnings ratio of Metallurgical Corporation of China 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 Metallurgical Corporation of China?

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

How much dividend does Metallurgical Corporation of China pay?

Over the past 12 months, Metallurgical Corporation of China paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, Metallurgical Corporation of China is expected to pay a dividend of 0.09 CNY.

What is the dividend yield of Metallurgical Corporation of China?

The current dividend yield of Metallurgical Corporation of China is 2.34 %.

When does Metallurgical Corporation of China pay dividends?

Metallurgical Corporation of China pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Metallurgical Corporation of China?

Metallurgical Corporation of China paid dividends every year for the past 13 years.

What is the dividend of Metallurgical Corporation of China?

For the upcoming 12 months, dividends amounting to 0.09 CNY are expected. This corresponds to a dividend yield of 2.48 %.

In which sector is Metallurgical Corporation of China located?

Metallurgical Corporation of China is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Metallurgical Corporation of China kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Metallurgical Corporation of China from 7/19/2024 amounting to 0.072 CNY, you needed to have the stock in your portfolio before the ex-date on 7/19/2024.

When did Metallurgical Corporation of China pay the last dividend?

The last dividend was paid out on 7/19/2024.

What was the dividend of Metallurgical Corporation of China in the year 2023?

In the year 2023, Metallurgical Corporation of China distributed 0.078 CNY as dividends.

In which currency does Metallurgical Corporation of China pay out the dividend?

The dividends of Metallurgical Corporation of China are distributed in CNY.

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Andere Kennzahlen von Metallurgical Corporation of China

Our stock analysis for Metallurgical Corporation of China 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 Metallurgical Corporation of China Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.