Tech-bank Food Co Stock

Tech-bank Food Co P/S 2024

Tech-bank Food Co P/S

0.59

Ticker

002124.SZ

ISIN

CNE100000056

As of Oct 21, 2024, Tech-bank Food Co's P/S ratio stood at 0.59, a -24.36% change from the 0.78 P/S ratio recorded in the previous year.

The Tech-bank Food Co P/S history

Tech-bank Food Co Aktienanalyse

What does Tech-bank Food Co do?

Tech-bank Food Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Tech-bank Food Co's P/S Ratio

Tech-bank Food Co'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 Tech-bank Food Co'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 Tech-bank Food Co'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 Tech-bank Food Co’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 Tech-bank Food Co stock

What is the price-to-earnings ratio of Tech-bank Food Co?

The price-earnings ratio of Tech-bank Food Co is currently 0.59.

How has the price-earnings ratio of Tech-bank Food Co changed compared to last year?

The price-to-earnings ratio of Tech-bank Food Co has increased by -24.36% 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 Tech-bank Food Co high compared to other companies?

Yes, the price-to-earnings ratio of Tech-bank Food Co is high compared to other companies.

How does an increase in the price-earnings ratio of Tech-bank Food Co affect the company?

An increase in the price-earnings ratio of Tech-bank Food 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 Tech-bank Food Co affect the company?

A decrease in the price-earnings ratio of Tech-bank Food 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 Tech-bank Food Co?

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

How much dividend does Tech-bank Food Co pay?

Over the past 12 months, Tech-bank Food Co paid a dividend of 0.43 CNY . This corresponds to a dividend yield of about 16.61 %. For the coming 12 months, Tech-bank Food Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Tech-bank Food Co?

The current dividend yield of Tech-bank Food Co is 16.61 %.

When does Tech-bank Food Co pay dividends?

Tech-bank Food Co pays a quarterly dividend. This is distributed in the months of June, July, July, June.

How secure is the dividend of Tech-bank Food Co?

Tech-bank Food Co paid dividends every year for the past 1 years.

What is the dividend of Tech-bank Food Co?

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

In which sector is Tech-bank Food Co located?

Tech-bank Food Co is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Tech-bank Food Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tech-bank Food Co from 5/20/2021 amounting to 0.429 CNY, you needed to have the stock in your portfolio before the ex-date on 5/20/2021.

When did Tech-bank Food Co pay the last dividend?

The last dividend was paid out on 5/20/2021.

What was the dividend of Tech-bank Food Co in the year 2023?

In the year 2023, Tech-bank Food Co distributed 0 CNY as dividends.

In which currency does Tech-bank Food Co pay out the dividend?

The dividends of Tech-bank Food Co are distributed in CNY.

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Andere Kennzahlen von Tech-bank Food Co

Our stock analysis for Tech-bank Food 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 Tech-bank Food Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.