What is the price-to-earnings ratio of Ping An Bank Co?
The price-earnings ratio of Ping An Bank Co is currently 1.35.
Ping An Bank Co P/S 2024
Ping An Bank Co P/S
1.35
Ticker
000001.SZ
ISIN
CNE000000040
WKN
A0M3F9
As of Jul 9, 2024, Ping An Bank Co's P/S ratio stood at 1.35, a 68.75% change from the 0.8 P/S ratio recorded in the previous year.
The Ping An Bank Co P/S history
Ping An Bank Co Aktienanalyse
What does Ping An Bank Co do?
Ping An Bank Co Ltd is a Chinese bank based in Shenzhen. The bank was founded in 1988 and has since become a major player in the Chinese financial market. In 2007, Ping An Bank Co Ltd went public, increasing its equity to over $20 billion. The bank's business model is primarily based on traditional banking, offering customers the ability to make deposits and obtain loans. Additionally, they provide other financial services such as securities trading, insurance, and asset management. The bank's goal is to offer customers a comprehensive range of services and a wide selection of financial products. They are divided into various divisions, including private banking and retail banking, catering to affluent clients and individuals, respectively. Ping An Bank Co Ltd is also active in investment banking, specializing in corporate financing and IPOs. They also offer a range of financial products, from low-risk investments to high-risk ventures. Furthermore, the bank is involved in the fintech industry, investing heavily in the development and application of financial technologies. Overall, Ping An Bank Co Ltd is a significant player in the Chinese financial market, well-positioned for future success with its wide range of services and strong presence throughout China. Ping An Bank Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Ping An Bank Co's P/S Ratio
Ping An Bank 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 Ping An Bank 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 Ping An Bank 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 Ping An Bank 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 Ping An Bank Co stock
How has the price-earnings ratio of Ping An Bank Co changed compared to last year?
The price-to-earnings ratio of Ping An Bank Co has increased by 68.75% increased 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 Ping An Bank Co high compared to other companies?
Yes, the price-to-earnings ratio of Ping An Bank Co is high compared to other companies.
How does an increase in the price-earnings ratio of Ping An Bank Co affect the company?
An increase in the price-earnings ratio of Ping An Bank 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 Ping An Bank Co affect the company?
A decrease in the price-earnings ratio of Ping An Bank 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 Ping An Bank Co?
Some factors that influence the price-earnings ratio of Ping An Bank Co are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Ping An Bank Co pay?
Over the past 12 months, Ping An Bank Co paid a dividend of 0.29 CNY . This corresponds to a dividend yield of about 2.87 %. For the coming 12 months, Ping An Bank Co is expected to pay a dividend of 0.31 CNY.
What is the dividend yield of Ping An Bank Co?
The current dividend yield of Ping An Bank Co is 2.87 %.
When does Ping An Bank Co pay dividends?
Ping An Bank Co pays a quarterly dividend. This is distributed in the months of June, June, August, July.
How secure is the dividend of Ping An Bank Co?
Ping An Bank Co paid dividends every year for the past 17 years.
What is the dividend of Ping An Bank Co?
For the upcoming 12 months, dividends amounting to 0.31 CNY are expected. This corresponds to a dividend yield of 3.12 %.
In which sector is Ping An Bank Co located?
Ping An Bank Co is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Ping An Bank Co kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ping An Bank Co from 6/14/2023 amounting to 0.285 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2023.
When did Ping An Bank Co pay the last dividend?
The last dividend was paid out on 6/14/2023.
What was the dividend of Ping An Bank Co in the year 2023?
In the year 2023, Ping An Bank Co distributed 0.228 CNY as dividends.
In which currency does Ping An Bank Co pay out the dividend?
The dividends of Ping An Bank Co are distributed in CNY.
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Andere Kennzahlen von Ping An Bank Co
Our stock analysis for Ping An Bank 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 Ping An Bank Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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