Shin Kong Financial Holding Co - Stock

Shin Kong Financial Holding Co P/E 2024

Shin Kong Financial Holding Co P/E

14.44

Ticker

2888.TW

ISIN

TW0002888005

As of Jul 6, 2024, Shin Kong Financial Holding Co's P/E ratio was 14.44, a -179.69% change from the -18.12 P/E ratio recorded in the previous year.

The Shin Kong Financial Holding Co P/E history

Shin Kong Financial Holding Co Aktienanalyse

What does Shin Kong Financial Holding Co do?

Shin Kong Financial Holding Co. Ltd. is a Taiwan-based company that operates in the financial services sector. The company was established in 1963 as an investment firm and has been listed on the Taiwan Stock Exchange since 1993. Business Model: The business model of Shin Kong Financial Holding Co. Ltd. is focused on offering a wide range of financial services to meet the needs of its customers. The company operates various business sectors, including banking, insurance, asset management, and investment businesses. Subsidiaries: Shin Kong Financial Holding Co. Ltd. operates several subsidiaries, each specializing in different business areas. These include Shin Kong Commercial Bank, Shin Kong Life Insurance, Shin Kong Investment Trust, and Shin Kong Securities. Products: Shin Kong Financial Holding Co. Ltd. offers a wide range of financial products tailored to the needs of its customers. The products offered include: - Loans and credit: The company provides various loan and credit products, including housing loans, mortgage loans, and loans for small and medium-sized enterprises. - Insurance: Shin Kong Life Insurance is one of the leading providers of life insurance in Taiwan and offers various products, including special insurance for children and retirement insurance. - Asset management: The company offers a wide range of asset management products, including investment funds, retirement products, and portfolio management services. - Investment services: Shin Kong Securities specializes in trading stocks, bonds, and other securities, and offers a wide range of investment services, including research and analysis reports and trading support. Summary: Shin Kong Financial Holding Co. Ltd. is a leading company in the financial services sector with a wide range of products and services. The company has a long history in Taiwan and operates subsidiaries in various business areas, including banking, insurance, asset management, and investment businesses. The company's business model is focused on meeting the needs of its customers and offering a wide range of financial products tailored to their individual needs. Shin Kong Financial Holding Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Shin Kong Financial Holding Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Shin Kong Financial Holding 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 Shin Kong Financial Holding 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 Shin Kong Financial Holding 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 Shin Kong Financial Holding 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 Shin Kong Financial Holding Co stock

What is the price-to-earnings ratio of Shin Kong Financial Holding Co?

The price-earnings ratio of Shin Kong Financial Holding Co is currently 14.44.

How has the price-earnings ratio of Shin Kong Financial Holding Co changed compared to last year?

The price-to-earnings ratio of Shin Kong Financial Holding Co has increased by -179.69% 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 Shin Kong Financial Holding Co high compared to other companies?

Yes, the price-to-earnings ratio of Shin Kong Financial Holding Co is high compared to other companies.

How does an increase in the price-earnings ratio of Shin Kong Financial Holding Co affect the company?

An increase in the price-earnings ratio of Shin Kong Financial Holding 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 Shin Kong Financial Holding Co affect the company?

A decrease in the price-earnings ratio of Shin Kong Financial Holding 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 Shin Kong Financial Holding Co?

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

How much dividend does Shin Kong Financial Holding Co pay?

Over the past 12 months, Shin Kong Financial Holding Co paid a dividend of 0.4 TWD . This corresponds to a dividend yield of about 3.94 %. For the coming 12 months, Shin Kong Financial Holding Co is expected to pay a dividend of 0 TWD.

What is the dividend yield of Shin Kong Financial Holding Co?

The current dividend yield of Shin Kong Financial Holding Co is 3.94 %.

When does Shin Kong Financial Holding Co pay dividends?

Shin Kong Financial Holding Co pays a quarterly dividend. This is distributed in the months of August, September, August, July.

How secure is the dividend of Shin Kong Financial Holding Co?

Shin Kong Financial Holding Co paid dividends every year for the past 3 years.

What is the dividend of Shin Kong Financial Holding Co?

For the upcoming 12 months, dividends amounting to 0 TWD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shin Kong Financial Holding Co located?

Shin Kong Financial Holding Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Shin Kong Financial Holding Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shin Kong Financial Holding Co from 7/20/2022 amounting to 0.4 TWD, you needed to have the stock in your portfolio before the ex-date on 6/28/2022.

When did Shin Kong Financial Holding Co pay the last dividend?

The last dividend was paid out on 7/20/2022.

What was the dividend of Shin Kong Financial Holding Co in the year 2023?

In the year 2023, Shin Kong Financial Holding Co distributed 0.4 TWD as dividends.

In which currency does Shin Kong Financial Holding Co pay out the dividend?

The dividends of Shin Kong Financial Holding Co are distributed in TWD.

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Andere Kennzahlen von Shin Kong Financial Holding Co

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