Shenzhen Gas Corp - Stock

Shenzhen Gas Corp P/S 2024

Shenzhen Gas Corp P/S

0.61

Ticker

601139.SS

ISIN

CNE100000JM1

As of Jul 2, 2024, Shenzhen Gas Corp's P/S ratio stood at 0.61, a -10.29% change from the 0.68 P/S ratio recorded in the previous year.

The Shenzhen Gas Corp P/S history

Shenzhen Gas Corp Aktienanalyse

What does Shenzhen Gas Corp do?

Shenzhen Gas Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Shenzhen Gas Corp's P/S Ratio

Shenzhen Gas Corp'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 Shenzhen Gas Corp'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 Shenzhen Gas Corp'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 Shenzhen Gas Corp’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 Shenzhen Gas Corp Stock

What is the price-to-earnings ratio of Shenzhen Gas Corp?

The price-earnings ratio of Shenzhen Gas Corp is currently 0.61.

How has the price-earnings ratio of Shenzhen Gas Corp changed compared to last year?

The price-to-earnings ratio of Shenzhen Gas Corp has increased by -10.29% 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 Shenzhen Gas Corp high compared to other companies?

Yes, the price-to-earnings ratio of Shenzhen Gas Corp is high compared to other companies.

How does an increase in the price-earnings ratio of Shenzhen Gas Corp affect the company?

An increase in the price-earnings ratio of Shenzhen Gas Corp 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 Shenzhen Gas Corp affect the company?

A decrease in the price-earnings ratio of Shenzhen Gas Corp 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 Shenzhen Gas Corp?

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

How much dividend does Shenzhen Gas Corp pay?

Over the past 12 months, Shenzhen Gas Corp paid a dividend of 0.13 CNY . This corresponds to a dividend yield of about 1.9 %. For the coming 12 months, Shenzhen Gas Corp is expected to pay a dividend of 0.14 CNY.

What is the dividend yield of Shenzhen Gas Corp?

The current dividend yield of Shenzhen Gas Corp is 1.9 %.

When does Shenzhen Gas Corp pay dividends?

Shenzhen Gas Corp pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Shenzhen Gas Corp?

Shenzhen Gas Corp paid dividends every year for the past 17 years.

What is the dividend of Shenzhen Gas Corp?

For the upcoming 12 months, dividends amounting to 0.14 CNY are expected. This corresponds to a dividend yield of 2.01 %.

In which sector is Shenzhen Gas Corp located?

Shenzhen Gas Corp is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Shenzhen Gas Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shenzhen Gas Corp from 6/8/2023 amounting to 0.13 CNY, you needed to have the stock in your portfolio before the ex-date on 6/8/2023.

When did Shenzhen Gas Corp pay the last dividend?

The last dividend was paid out on 6/8/2023.

What was the dividend of Shenzhen Gas Corp in the year 2023?

In the year 2023, Shenzhen Gas Corp distributed 0.16 CNY as dividends.

In which currency does Shenzhen Gas Corp pay out the dividend?

The dividends of Shenzhen Gas Corp are distributed in CNY.

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Andere Kennzahlen von Shenzhen Gas Corp

Our stock analysis for Shenzhen Gas Corp 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 Shenzhen Gas Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.