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Shandong Weida Machinery Co Stock

Shandong Weida Machinery Co P/E 2024

Shandong Weida Machinery Co P/E

6.49

Ticker

002026.SZ

ISIN

CNE000001KH8

As of Nov 20, 2024, Shandong Weida Machinery Co's P/E ratio was 6.49, a -72.59% change from the 23.68 P/E ratio recorded in the previous year.

The Shandong Weida Machinery Co P/E history

Shandong Weida Machinery Co Aktienanalyse

What does Shandong Weida Machinery Co do?

Shandong Weida Machinery Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Shandong Weida Machinery Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Shandong Weida Machinery Co 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 Shandong Weida Machinery Co'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 Shandong Weida Machinery Co 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 Shandong Weida Machinery Co’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 Shandong Weida Machinery Co stock

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

The price-earnings ratio of Shandong Weida Machinery Co is currently 6.49.

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

The price-to-earnings ratio of Shandong Weida Machinery Co has increased by -72.59% 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 Weida Machinery Co high compared to other companies?

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

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

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

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

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

How much dividend does Shandong Weida Machinery Co pay?

Over the past 12 months, Shandong Weida Machinery Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 0.53 %. For the coming 12 months, Shandong Weida Machinery Co is expected to pay a dividend of 0.05 CNY.

What is the dividend yield of Shandong Weida Machinery Co?

The current dividend yield of Shandong Weida Machinery Co is 0.53 %.

When does Shandong Weida Machinery Co pay dividends?

Shandong Weida Machinery Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Shandong Weida Machinery Co?

Shandong Weida Machinery Co paid dividends every year for the past 20 years.

What is the dividend of Shandong Weida Machinery Co?

For the upcoming 12 months, dividends amounting to 0.05 CNY are expected. This corresponds to a dividend yield of 0.53 %.

In which sector is Shandong Weida Machinery Co located?

Shandong Weida Machinery Co is assigned to the 'Industry' sector.

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

To receive the latest dividend of Shandong Weida Machinery Co from 6/21/2024 amounting to 0.12 CNY, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.

When did Shandong Weida Machinery Co pay the last dividend?

The last dividend was paid out on 6/21/2024.

What was the dividend of Shandong Weida Machinery Co in the year 2023?

In the year 2023, Shandong Weida Machinery Co distributed 0.15 CNY as dividends.

In which currency does Shandong Weida Machinery Co pay out the dividend?

The dividends of Shandong Weida Machinery Co are distributed in CNY.

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Andere Kennzahlen von Shandong Weida Machinery Co

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