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New World Development Co Stock

New World Development Co P/S 2024

New World Development Co P/S

0.42

Ticker

17.HK

ISIN

HK0000608585

WKN

A2P7NH

As of Sep 24, 2024, New World Development Co's P/S ratio stood at 0.42, a -12.5% change from the 0.48 P/S ratio recorded in the previous year.

The New World Development Co P/S history

New World Development Co Aktienanalyse

What does New World Development Co do?

New World Development Co Ltd (NWD) is a versatile conglomerate based in Hong Kong. The company was founded in 1970 by Dr. Cheng Yu-tung and has since become one of the largest and most successful real estate developers in Hong Kong and China. Its core business is property development, owning and managing a wide range of properties including residential and office buildings, shopping centers, hotels, and resorts. NWD is renowned for its high-end properties and has developed some of the most luxurious buildings in Hong Kong and China. The company also sells properties to generate additional income. In addition to real estate, NWD has invested in infrastructure, transportation, retail, and entertainment. It owns and operates various retail stores, including lifestyle markets, supermarkets, and an online shop. It also operates a shipping company, a bus company, and an entertainment company. Dr. Cheng Yu-tung, a successful businessman from Hong Kong, founded NWD in 1970 with the goal of developing high-quality properties. The first milestone was the development project "New World Centre," a multipurpose building in downtown Hong Kong. The project was a great success, and since then, the company has undertaken many more successful developments. In the 1980s and 1990s, the company expanded into China and built its platform in the region. During this time, NWD also participated in several joint ventures and eventually merged with other companies to strengthen its market position. The company has since expanded its activities to other countries such as Australia, Canada, and the United Kingdom. NWD is divided into various business divisions, including real estate development, retail, infrastructure and transportation, and entertainment. Its main products include a variety of properties, luxury brands (such as Chow Tai Fook), furnishings, and food and beverages. In conclusion, New World Development Co Ltd is a versatile conglomerate with a wide portfolio of business divisions and products. It has become one of the largest and most successful real estate developers in Hong Kong and China, and also owns a range of luxury brands. With a focus on quality and customer satisfaction, NWD has established a strong foundation for future growth and success. New World Development Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding New World Development Co's P/S Ratio

New World Development Co'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 New World Development Co'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 New World Development Co'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 New World Development Co’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 New World Development Co stock

What is the price-to-earnings ratio of New World Development Co?

The price-earnings ratio of New World Development Co is currently 0.42.

How has the price-earnings ratio of New World Development Co changed compared to last year?

The price-to-earnings ratio of New World Development Co has increased by -12.5% 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 New World Development Co high compared to other companies?

Yes, the price-to-earnings ratio of New World Development Co is high compared to other companies.

How does an increase in the price-earnings ratio of New World Development Co affect the company?

An increase in the price-earnings ratio of New World Development 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 New World Development Co affect the company?

A decrease in the price-earnings ratio of New World Development 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 New World Development Co?

Some factors that influence the price-earnings ratio of New World Development Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does New World Development Co pay?

Over the past 12 months, New World Development Co paid a dividend of 0.76 HKD . This corresponds to a dividend yield of about 9.72 %. For the coming 12 months, New World Development Co is expected to pay a dividend of 0.75 HKD.

What is the dividend yield of New World Development Co?

The current dividend yield of New World Development Co is 9.72 %.

When does New World Development Co pay dividends?

New World Development Co pays a quarterly dividend. This is distributed in the months of April, December, April, April.

How secure is the dividend of New World Development Co?

New World Development Co paid dividends every year for the past 27 years.

What is the dividend of New World Development Co?

For the upcoming 12 months, dividends amounting to 0.75 HKD are expected. This corresponds to a dividend yield of 9.56 %.

In which sector is New World Development Co located?

New World Development Co is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von New World Development Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of New World Development Co from 4/18/2024 amounting to 0.2 HKD, you needed to have the stock in your portfolio before the ex-date on 3/21/2024.

When did New World Development Co pay the last dividend?

The last dividend was paid out on 4/18/2024.

What was the dividend of New World Development Co in the year 2023?

In the year 2023, New World Development Co distributed 2.06 HKD as dividends.

In which currency does New World Development Co pay out the dividend?

The dividends of New World Development Co are distributed in HKD.

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Andere Kennzahlen von New World Development Co

Our stock analysis for New World Development 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 New World Development Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.