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Promise Technology Stock

Promise Technology P/E 2024

Promise Technology P/E

-7.7

Ticker

3057.TW

ISIN

TW0003057006

As of Sep 10, 2024, Promise Technology's P/E ratio was -7.7, a -101.86% change from the 413.9 P/E ratio recorded in the previous year.

The Promise Technology P/E history

Promise Technology Aktienanalyse

What does Promise Technology do?

Promise Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Promise Technology's P/E Ratio

The Price to Earnings (P/E) Ratio of Promise Technology 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 Promise Technology'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 Promise Technology 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 Promise Technology’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 Promise Technology stock

What is the price-to-earnings ratio of Promise Technology?

The price-earnings ratio of Promise Technology is currently -7.7.

How has the price-earnings ratio of Promise Technology changed compared to last year?

The price-to-earnings ratio of Promise Technology has increased by -101.86% 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 Promise Technology high compared to other companies?

Yes, the price-to-earnings ratio of Promise Technology is high compared to other companies.

How does an increase in the price-earnings ratio of Promise Technology affect the company?

An increase in the price-earnings ratio of Promise Technology 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 Promise Technology affect the company?

A decrease in the price-earnings ratio of Promise Technology 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 Promise Technology?

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

How much dividend does Promise Technology pay?

Over the past 12 months, Promise Technology paid a dividend of 0.57 TWD . This corresponds to a dividend yield of about 4.61 %. For the coming 12 months, Promise Technology is expected to pay a dividend of 0 TWD.

What is the dividend yield of Promise Technology?

The current dividend yield of Promise Technology is 4.61 %.

When does Promise Technology pay dividends?

Promise Technology pays a quarterly dividend. This is distributed in the months of August, August, August, October.

How secure is the dividend of Promise Technology?

Promise Technology paid dividends every year for the past 0 years.

What is the dividend of Promise Technology?

For the upcoming 12 months, dividends amounting to 0 TWD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Promise Technology located?

Promise Technology is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Promise Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Promise Technology from 10/5/2016 amounting to 0.3 TWD, you needed to have the stock in your portfolio before the ex-date on 9/2/2016.

When did Promise Technology pay the last dividend?

The last dividend was paid out on 10/5/2016.

What was the dividend of Promise Technology in the year 2023?

In the year 2023, Promise Technology distributed 0 TWD as dividends.

In which currency does Promise Technology pay out the dividend?

The dividends of Promise Technology are distributed in TWD.

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Andere Kennzahlen von Promise Technology

Our stock analysis for Promise Technology 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 Promise Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.