Ta Chen Stainless Pipe Co P/E 2024

Ta Chen Stainless Pipe Co P/E

17.79

Ta Chen Stainless Pipe Co Dividend yield

5.22 %

Ticker

2027.TW

ISIN

TW0002027000

As of Jun 1, 2024, Ta Chen Stainless Pipe Co's P/E ratio was 17.79, a 7.56% change from the 16.54 P/E ratio recorded in the previous year.

The Ta Chen Stainless Pipe Co P/E history

Ta Chen Stainless Pipe Co Aktienanalyse

What does Ta Chen Stainless Pipe Co do?

Ta Chen Stainless Pipe Co Ltd is a leading Taiwanese manufacturer of stainless steel pipes and sheets. The company originated from Ta Chen International Inc., which was established in 1982 and specialized in the trading of metal products. Over the years, Ta Chen has focused on the production of stainless steel products and opened its first manufacturing facility in Taiwan in 1997. The company has since invested heavily in technology and manufacturing to produce high-quality stainless steel products that meet the needs of its customers. Ta Chen's business model is based on the production and distribution of stainless steel pipes, sheets, strips, and assembly components for various industries such as chemicals, oil and gas, food, marine, and construction. The products are distributed worldwide and comply with international standards such as ASTM, ASME, EN, and JIS. The company has multiple production facilities in Taiwan, China, and the USA to meet the growing demand of its customers. Currently, the production capacity is over 100,000 tons per year. Ta Chen Stainless Pipe Co Ltd offers a wide range of products that cater to the needs of different industries. The pipes are manufactured in various sizes, thicknesses, and lengths, and can be seamless or welded. The sheets are produced in different sizes and thicknesses, and can be customized to meet specific requirements. Another important sector is the assembly components such as flanges, fittings, and valves, which can be tailored to the specific requirements of customers. Ta Chen's production locations specialize in manufacturing high-pressure and high-temperature components that meet the most demanding requirements in the oil and gas industry and petrochemical industry. Ta Chen has also specialized in the market for specialty alloys, including nickel alloys, titanium, and zirconium. These specialized products are used in the aerospace industry, chemical industry, and medical technology. In 2015, Ta Chen acquired Acier Century Inc., a Canadian company specializing in the production of stainless steel products. This allowed the company to expand its product portfolio and strengthen its presence in the North American market. Ta Chen Stainless Pipe Co Ltd is a leading manufacturer of stainless steel products with a wide range of products that meet the needs of various industries. The company has invested heavily in technology and manufacturing in recent years to produce high-quality stainless steel products that meet the most demanding requirements. With its production facilities in Taiwan, China, the USA, and Canada, Ta Chen is well-positioned to meet the growing demand of its customers worldwide. Ta Chen Stainless Pipe Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ta Chen Stainless Pipe Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe Co Stock

What is the price-to-earnings ratio of Ta Chen Stainless Pipe Co?

The price-earnings ratio of Ta Chen Stainless Pipe Co is currently 17.79.

How has the price-earnings ratio of Ta Chen Stainless Pipe Co changed compared to last year?

The price-to-earnings ratio of Ta Chen Stainless Pipe Co has increased by 7.56% 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 Ta Chen Stainless Pipe Co high compared to other companies?

Yes, the price-to-earnings ratio of Ta Chen Stainless Pipe Co is high compared to other companies.

How does an increase in the price-earnings ratio of Ta Chen Stainless Pipe Co affect the company?

An increase in the price-earnings ratio of Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe Co affect the company?

A decrease in the price-earnings ratio of Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe Co?

Some factors that influence the price-earnings ratio of Ta Chen Stainless Pipe Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Ta Chen Stainless Pipe Co pay?

Over the past 12 months, Ta Chen Stainless Pipe Co paid a dividend of 2 TWD . This corresponds to a dividend yield of about 5.22 %. For the coming 12 months, Ta Chen Stainless Pipe Co is expected to pay a dividend of 2.18 TWD.

What is the dividend yield of Ta Chen Stainless Pipe Co?

The current dividend yield of Ta Chen Stainless Pipe Co is 5.22 %.

When does Ta Chen Stainless Pipe Co pay dividends?

Ta Chen Stainless Pipe Co pays a quarterly dividend. This is distributed in the months of August, September, August, August.

How secure is the dividend of Ta Chen Stainless Pipe Co?

Ta Chen Stainless Pipe Co paid dividends every year for the past 14 years.

What is the dividend of Ta Chen Stainless Pipe Co?

For the upcoming 12 months, dividends amounting to 2.18 TWD are expected. This corresponds to a dividend yield of 5.69 %.

In which sector is Ta Chen Stainless Pipe Co located?

Ta Chen Stainless Pipe Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Ta Chen Stainless Pipe Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ta Chen Stainless Pipe Co from 9/4/2023 amounting to 2 TWD, you needed to have the stock in your portfolio before the ex-date on 7/28/2023.

When did Ta Chen Stainless Pipe Co pay the last dividend?

The last dividend was paid out on 9/4/2023.

What was the dividend of Ta Chen Stainless Pipe Co in the year 2023?

In the year 2023, Ta Chen Stainless Pipe Co distributed 1.485 TWD as dividends.

In which currency does Ta Chen Stainless Pipe Co pay out the dividend?

The dividends of Ta Chen Stainless Pipe Co are distributed in TWD.

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Andere Kennzahlen von Ta Chen Stainless Pipe Co

Our stock analysis for Ta Chen Stainless Pipe 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 Ta Chen Stainless Pipe Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.