OKE Precision Cutting Tools Co Stock

OKE Precision Cutting Tools Co P/S 2024

OKE Precision Cutting Tools Co P/S

3

Ticker

688308.SS

ISIN

CNE100005XL3

As of Nov 8, 2024, OKE Precision Cutting Tools Co's P/S ratio stood at 3, a -47.09% change from the 5.67 P/S ratio recorded in the previous year.

The OKE Precision Cutting Tools Co P/S history

OKE Precision Cutting Tools Co Aktienanalyse

What does OKE Precision Cutting Tools Co do?

OKE Precision Cutting Tools Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding OKE Precision Cutting Tools Co's P/S Ratio

OKE Precision Cutting Tools 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 OKE Precision Cutting Tools 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 OKE Precision Cutting Tools 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 OKE Precision Cutting Tools 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 OKE Precision Cutting Tools Co stock

What is the price-to-earnings ratio of OKE Precision Cutting Tools Co?

The price-earnings ratio of OKE Precision Cutting Tools Co is currently 3.

How has the price-earnings ratio of OKE Precision Cutting Tools Co changed compared to last year?

The price-to-earnings ratio of OKE Precision Cutting Tools Co has increased by -47.09% 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 OKE Precision Cutting Tools Co high compared to other companies?

Yes, the price-to-earnings ratio of OKE Precision Cutting Tools Co is high compared to other companies.

How does an increase in the price-earnings ratio of OKE Precision Cutting Tools Co affect the company?

An increase in the price-earnings ratio of OKE Precision Cutting Tools 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 OKE Precision Cutting Tools Co affect the company?

A decrease in the price-earnings ratio of OKE Precision Cutting Tools 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 OKE Precision Cutting Tools Co?

Some factors that influence the price-earnings ratio of OKE Precision Cutting Tools Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does OKE Precision Cutting Tools Co pay?

Over the past 12 months, OKE Precision Cutting Tools Co paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, OKE Precision Cutting Tools Co is expected to pay a dividend of 0.54 CNY.

What is the dividend yield of OKE Precision Cutting Tools Co?

The current dividend yield of OKE Precision Cutting Tools Co is 2.34 %.

When does OKE Precision Cutting Tools Co pay dividends?

OKE Precision Cutting Tools Co pays a quarterly dividend. This is distributed in the months of June, June, July, July.

How secure is the dividend of OKE Precision Cutting Tools Co?

OKE Precision Cutting Tools Co paid dividends every year for the past 6 years.

What is the dividend of OKE Precision Cutting Tools Co?

For the upcoming 12 months, dividends amounting to 0.54 CNY are expected. This corresponds to a dividend yield of 2.52 %.

In which sector is OKE Precision Cutting Tools Co located?

OKE Precision Cutting Tools Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von OKE Precision Cutting Tools Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of OKE Precision Cutting Tools Co from 6/3/2024 amounting to 0.35 CNY, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.

When did OKE Precision Cutting Tools Co pay the last dividend?

The last dividend was paid out on 6/3/2024.

What was the dividend of OKE Precision Cutting Tools Co in the year 2023?

In the year 2023, OKE Precision Cutting Tools Co distributed 0.5 CNY as dividends.

In which currency does OKE Precision Cutting Tools Co pay out the dividend?

The dividends of OKE Precision Cutting Tools Co are distributed in CNY.

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Andere Kennzahlen von OKE Precision Cutting Tools Co

Our stock analysis for OKE Precision Cutting Tools 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 OKE Precision Cutting Tools Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.