What is the price-to-earnings ratio of Redco Properties Group?
The price-earnings ratio of Redco Properties Group is currently 0.09.
Redco Properties Group'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.
Comparing Redco Properties Group'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.
The P/S ratio is instrumental for investors evaluating Redco Properties Group'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.
Variations in Redco Properties Group’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.
The price-earnings ratio of Redco Properties Group is currently 0.09.
The price-to-earnings ratio of Redco Properties Group has increased by -88.75% fallen (meaning "decreased" or "dropped") compared to last year.
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Yes, the price-to-earnings ratio of Redco Properties Group is high compared to other companies.
An increase in the price-earnings ratio of Redco Properties Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
A decrease in the price-earnings ratio of Redco Properties Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
Some factors that influence the price-earnings ratio of Redco Properties Group are the company's growth, financial position, industry development, and the overall economic situation.
Over the past 12 months, Redco Properties Group paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 22.34 %. For the coming 12 months, Redco Properties Group is expected to pay a dividend of 0.28 CNY.
The current dividend yield of Redco Properties Group is 22.34 %.
Redco Properties Group pays a quarterly dividend. This is distributed in the months of October, July, July, July.
Redco Properties Group paid dividends every year for the past 2 years.
For the upcoming 12 months, dividends amounting to 0.28 CNY are expected. This corresponds to a dividend yield of 125.95 %.
Redco Properties Group is assigned to the 'Real Estate' sector.
To receive the latest dividend of Redco Properties Group from 7/14/2021 amounting to 0.05 CNY, you needed to have the stock in your portfolio before the ex-date on 6/29/2021.
The last dividend was paid out on 7/14/2021.
In the year 2023, Redco Properties Group distributed 0 CNY as dividends.
The dividends of Redco Properties Group are distributed in CNY.
Our stock analysis for Redco Properties Group 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 Redco Properties Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.