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Shanghai Mechanical & Electrical Industry Co Stock

Shanghai Mechanical & Electrical Industry Co P/E 2024

Shanghai Mechanical & Electrical Industry Co P/E

15.46

Ticker

600835.SS

ISIN

CNE000000B91

As of Nov 3, 2024, Shanghai Mechanical & Electrical Industry Co's P/E ratio was 15.46, a 6.33% change from the 14.54 P/E ratio recorded in the previous year.

The Shanghai Mechanical & Electrical Industry Co P/E history

Shanghai Mechanical & Electrical Industry Co Aktienanalyse

What does Shanghai Mechanical & Electrical Industry Co do?

Shanghai Mechanical & Electrical Industry Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Shanghai Mechanical & Electrical Industry Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry Co stock

What is the price-to-earnings ratio of Shanghai Mechanical & Electrical Industry Co?

The price-earnings ratio of Shanghai Mechanical & Electrical Industry Co is currently 15.46.

How has the price-earnings ratio of Shanghai Mechanical & Electrical Industry Co changed compared to last year?

The price-to-earnings ratio of Shanghai Mechanical & Electrical Industry Co has increased by 6.33% increased 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 Mechanical & Electrical Industry Co high compared to other companies?

Yes, the price-to-earnings ratio of Shanghai Mechanical & Electrical Industry Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shanghai Mechanical & Electrical Industry Co affect the company?

An increase in the price-earnings ratio of Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry Co affect the company?

A decrease in the price-earnings ratio of Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry Co?

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

How much dividend does Shanghai Mechanical & Electrical Industry Co pay?

Over the past 12 months, Shanghai Mechanical & Electrical Industry Co paid a dividend of 0.43 CNY . This corresponds to a dividend yield of about 2.53 %. For the coming 12 months, Shanghai Mechanical & Electrical Industry Co is expected to pay a dividend of 0.45 CNY.

What is the dividend yield of Shanghai Mechanical & Electrical Industry Co?

The current dividend yield of Shanghai Mechanical & Electrical Industry Co is 2.53 %.

When does Shanghai Mechanical & Electrical Industry Co pay dividends?

Shanghai Mechanical & Electrical Industry Co pays a quarterly dividend. This is distributed in the months of August, August, August, July.

How secure is the dividend of Shanghai Mechanical & Electrical Industry Co?

Shanghai Mechanical & Electrical Industry Co paid dividends every year for the past 22 years.

What is the dividend of Shanghai Mechanical & Electrical Industry Co?

For the upcoming 12 months, dividends amounting to 0.45 CNY are expected. This corresponds to a dividend yield of 2.66 %.

In which sector is Shanghai Mechanical & Electrical Industry Co located?

Shanghai Mechanical & Electrical Industry Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Shanghai Mechanical & Electrical Industry Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shanghai Mechanical & Electrical Industry Co from 6/4/2024 amounting to 0.44 CNY, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.

When did Shanghai Mechanical & Electrical Industry Co pay the last dividend?

The last dividend was paid out on 6/4/2024.

What was the dividend of Shanghai Mechanical & Electrical Industry Co in the year 2023?

In the year 2023, Shanghai Mechanical & Electrical Industry Co distributed 0.29 CNY as dividends.

In which currency does Shanghai Mechanical & Electrical Industry Co pay out the dividend?

The dividends of Shanghai Mechanical & Electrical Industry Co are distributed in CNY.

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Andere Kennzahlen von Shanghai Mechanical & Electrical Industry Co

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