Sumec Corp Stock

Sumec Corp P/E 2024

Sumec Corp P/E

9.25

Ticker

600710.SS

ISIN

CNE000000KL2

As of Dec 4, 2024, Sumec Corp's P/E ratio was 9.25, a -0.86% change from the 9.33 P/E ratio recorded in the previous year.

The Sumec Corp P/E history

Sumec Corp Aktienanalyse

What does Sumec Corp do?

Sumec Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sumec Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of Sumec Corp 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 Sumec Corp'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 Sumec Corp 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 Sumec Corp’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 Sumec Corp stock

What is the price-to-earnings ratio of Sumec Corp?

The price-earnings ratio of Sumec Corp is currently 9.25.

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

The price-to-earnings ratio of Sumec Corp has increased by -0.86% 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 Sumec Corp high compared to other companies?

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

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

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

A decrease in the price-earnings ratio of Sumec 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 Sumec Corp?

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

How much dividend does Sumec Corp pay?

Over the past 12 months, Sumec Corp paid a dividend of 0.3 CNY . This corresponds to a dividend yield of about 3.33 %. For the coming 12 months, Sumec Corp is expected to pay a dividend of 0.33 CNY.

What is the dividend yield of Sumec Corp?

The current dividend yield of Sumec Corp is 3.33 %.

When does Sumec Corp pay dividends?

Sumec Corp pays a quarterly dividend. This is distributed in the months of July, July, July, August.

How secure is the dividend of Sumec Corp?

Sumec Corp paid dividends every year for the past 10 years.

What is the dividend of Sumec Corp?

For the upcoming 12 months, dividends amounting to 0.33 CNY are expected. This corresponds to a dividend yield of 3.64 %.

In which sector is Sumec Corp located?

Sumec Corp is assigned to the 'Industry' sector.

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

To receive the latest dividend of Sumec Corp from 7/5/2024 amounting to 0.33 CNY, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.

When did Sumec Corp pay the last dividend?

The last dividend was paid out on 7/5/2024.

What was the dividend of Sumec Corp in the year 2023?

In the year 2023, Sumec Corp distributed 0.265 CNY as dividends.

In which currency does Sumec Corp pay out the dividend?

The dividends of Sumec Corp are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Sumec Corp

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