What is the price-to-earnings ratio of Ningbo Jifeng Auto Parts Co?
The price-earnings ratio of Ningbo Jifeng Auto Parts Co is currently 0.53.
Ningbo Jifeng Auto Parts Co P/S 2024
Ningbo Jifeng Auto Parts Co P/S
0.53
Ticker
603997.SS
ISIN
CNE100001V94
As of Sep 20, 2024, Ningbo Jifeng Auto Parts Co's P/S ratio stood at 0.53, a -28.38% change from the 0.74 P/S ratio recorded in the previous year.
The Ningbo Jifeng Auto Parts Co P/S history
Ningbo Jifeng Auto Parts Co Aktienanalyse
What does Ningbo Jifeng Auto Parts Co do?
Ningbo Jifeng Auto Parts Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Ningbo Jifeng Auto Parts Co's P/S Ratio
Ningbo Jifeng Auto Parts 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 Ningbo Jifeng Auto Parts 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 Ningbo Jifeng Auto Parts 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 Ningbo Jifeng Auto Parts 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 Ningbo Jifeng Auto Parts Co stock
How has the price-earnings ratio of Ningbo Jifeng Auto Parts Co changed compared to last year?
The price-to-earnings ratio of Ningbo Jifeng Auto Parts Co has increased by -28.38% 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 Ningbo Jifeng Auto Parts Co high compared to other companies?
Yes, the price-to-earnings ratio of Ningbo Jifeng Auto Parts Co is high compared to other companies.
How does an increase in the price-earnings ratio of Ningbo Jifeng Auto Parts Co affect the company?
An increase in the price-earnings ratio of Ningbo Jifeng Auto Parts 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 Ningbo Jifeng Auto Parts Co affect the company?
A decrease in the price-earnings ratio of Ningbo Jifeng Auto Parts 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 Ningbo Jifeng Auto Parts Co?
Some factors that influence the price-earnings ratio of Ningbo Jifeng Auto Parts Co are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Ningbo Jifeng Auto Parts Co pay?
Over the past 12 months, Ningbo Jifeng Auto Parts Co paid a dividend of 0.18 CNY . This corresponds to a dividend yield of about 1.55 %. For the coming 12 months, Ningbo Jifeng Auto Parts Co is expected to pay a dividend of 0 CNY.
What is the dividend yield of Ningbo Jifeng Auto Parts Co?
The current dividend yield of Ningbo Jifeng Auto Parts Co is 1.55 %.
When does Ningbo Jifeng Auto Parts Co pay dividends?
Ningbo Jifeng Auto Parts Co pays a quarterly dividend. This is distributed in the months of June, June, June, October.
How secure is the dividend of Ningbo Jifeng Auto Parts Co?
Ningbo Jifeng Auto Parts Co paid dividends every year for the past 3 years.
What is the dividend of Ningbo Jifeng Auto Parts Co?
For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.
In which sector is Ningbo Jifeng Auto Parts Co located?
Ningbo Jifeng Auto Parts Co is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Ningbo Jifeng Auto Parts Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ningbo Jifeng Auto Parts Co from 9/13/2021 amounting to 0.18 CNY, you needed to have the stock in your portfolio before the ex-date on 9/13/2021.
When did Ningbo Jifeng Auto Parts Co pay the last dividend?
The last dividend was paid out on 9/13/2021.
What was the dividend of Ningbo Jifeng Auto Parts Co in the year 2023?
In the year 2023, Ningbo Jifeng Auto Parts Co distributed 0 CNY as dividends.
In which currency does Ningbo Jifeng Auto Parts Co pay out the dividend?
The dividends of Ningbo Jifeng Auto Parts Co are distributed in CNY.
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Andere Kennzahlen von Ningbo Jifeng Auto Parts Co
Our stock analysis for Ningbo Jifeng Auto Parts 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 Ningbo Jifeng Auto Parts Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Ningbo Jifeng Auto Parts Co Revenue
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- Ningbo Jifeng Auto Parts Co P/E
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- Ningbo Jifeng Auto Parts Co EBIT
- Ningbo Jifeng Auto Parts Co Dividend
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