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Shandong Daye Co Stock

Shandong Daye Co P/S 2024

Shandong Daye Co P/S

0.35

Ticker

603278.SS

ISIN

CNE100002TR5

As of Sep 1, 2024, Shandong Daye Co's P/S ratio stood at 0.35, a -28.57% change from the 0.49 P/S ratio recorded in the previous year.

The Shandong Daye Co P/S history

Shandong Daye Co Aktienanalyse

What does Shandong Daye Co do?

Shandong Daye Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Shandong Daye Co's P/S Ratio

Shandong Daye 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 Shandong Daye 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 Shandong Daye 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 Shandong Daye 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 Shandong Daye Co stock

What is the price-to-earnings ratio of Shandong Daye Co?

The price-earnings ratio of Shandong Daye Co is currently 0.35.

How has the price-earnings ratio of Shandong Daye Co changed compared to last year?

The price-to-earnings ratio of Shandong Daye Co has increased by -28.57% 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 Shandong Daye Co high compared to other companies?

Yes, the price-to-earnings ratio of Shandong Daye Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shandong Daye Co affect the company?

An increase in the price-earnings ratio of Shandong Daye 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 Shandong Daye Co affect the company?

A decrease in the price-earnings ratio of Shandong Daye 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 Shandong Daye Co?

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

How much dividend does Shandong Daye Co pay?

Over the past 12 months, Shandong Daye Co paid a dividend of 0.11 CNY . This corresponds to a dividend yield of about 2.1 %. For the coming 12 months, Shandong Daye Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Shandong Daye Co?

The current dividend yield of Shandong Daye Co is 2.1 %.

When does Shandong Daye Co pay dividends?

Shandong Daye Co pays a quarterly dividend. This is distributed in the months of May, July, July, August.

How secure is the dividend of Shandong Daye Co?

Shandong Daye Co paid dividends every year for the past 3 years.

What is the dividend of Shandong Daye 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 Shandong Daye Co located?

Shandong Daye Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Shandong Daye Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shandong Daye Co from 7/25/2024 amounting to 0.035 CNY, you needed to have the stock in your portfolio before the ex-date on 7/25/2024.

When did Shandong Daye Co pay the last dividend?

The last dividend was paid out on 7/25/2024.

What was the dividend of Shandong Daye Co in the year 2023?

In the year 2023, Shandong Daye Co distributed 0 CNY as dividends.

In which currency does Shandong Daye Co pay out the dividend?

The dividends of Shandong Daye Co are distributed in CNY.

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Andere Kennzahlen von Shandong Daye Co

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