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Shanghai Baosteel Packaging Co Stock

Shanghai Baosteel Packaging Co P/E 2024

Shanghai Baosteel Packaging Co P/E

21.64

Ticker

601968.SS

ISIN

CNE1000022Q0

As of Oct 21, 2024, Shanghai Baosteel Packaging Co's P/E ratio was 21.64, a -34.56% change from the 33.07 P/E ratio recorded in the previous year.

The Shanghai Baosteel Packaging Co P/E history

Shanghai Baosteel Packaging Co Aktienanalyse

What does Shanghai Baosteel Packaging Co do?

Shanghai Baosteel Packaging Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Shanghai Baosteel Packaging Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co stock

What is the price-to-earnings ratio of Shanghai Baosteel Packaging Co?

The price-earnings ratio of Shanghai Baosteel Packaging Co is currently 21.64.

How has the price-earnings ratio of Shanghai Baosteel Packaging Co changed compared to last year?

The price-to-earnings ratio of Shanghai Baosteel Packaging Co has increased by -34.56% 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 Shanghai Baosteel Packaging Co high compared to other companies?

Yes, the price-to-earnings ratio of Shanghai Baosteel Packaging Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shanghai Baosteel Packaging Co affect the company?

An increase in the price-earnings ratio of Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co affect the company?

A decrease in the price-earnings ratio of Shanghai Baosteel Packaging 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 Shanghai Baosteel Packaging Co?

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

How much dividend does Shanghai Baosteel Packaging Co pay?

Over the past 12 months, Shanghai Baosteel Packaging Co paid a dividend of 0.12 CNY . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, Shanghai Baosteel Packaging Co is expected to pay a dividend of 0.13 CNY.

What is the dividend yield of Shanghai Baosteel Packaging Co?

The current dividend yield of Shanghai Baosteel Packaging Co is 2.34 %.

When does Shanghai Baosteel Packaging Co pay dividends?

Shanghai Baosteel Packaging Co pays a quarterly dividend. This is distributed in the months of August, July, July, October.

How secure is the dividend of Shanghai Baosteel Packaging Co?

Shanghai Baosteel Packaging Co paid dividends every year for the past 11 years.

What is the dividend of Shanghai Baosteel Packaging Co?

For the upcoming 12 months, dividends amounting to 0.13 CNY are expected. This corresponds to a dividend yield of 2.43 %.

In which sector is Shanghai Baosteel Packaging Co located?

Shanghai Baosteel Packaging Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Shanghai Baosteel Packaging Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shanghai Baosteel Packaging Co from 9/27/2024 amounting to 0.042 CNY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Shanghai Baosteel Packaging Co pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Shanghai Baosteel Packaging Co in the year 2023?

In the year 2023, Shanghai Baosteel Packaging Co distributed 0.12 CNY as dividends.

In which currency does Shanghai Baosteel Packaging Co pay out the dividend?

The dividends of Shanghai Baosteel Packaging Co are distributed in CNY.

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Andere Kennzahlen von Shanghai Baosteel Packaging Co

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