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Titan Petrochemicals Group Stock

Titan Petrochemicals Group P/E 2024

Titan Petrochemicals Group P/E

0.08

Ticker

1192.HK

ISIN

BMG8890G1371

WKN

A2P8B8

As of Jul 10, 2024, Titan Petrochemicals Group's P/E ratio was 0.08, a -366.67% change from the -0.03 P/E ratio recorded in the previous year.

The Titan Petrochemicals Group P/E history

Titan Petrochemicals Group Aktienanalyse

What does Titan Petrochemicals Group do?

The Titan Petrochemicals Group Ltd is a Chinese company operating in the oil and gas industry. The company is headquartered in Hong Kong and operates various business segments, including the production of polyolefins and other petrochemical products, as well as operating pipelines and trading in commodities. The company's history dates back to the 1970s when it was established as a state-owned enterprise in China. In the 1990s, the company was privatized and subsequently expanded through acquisitions and joint ventures into various countries such as Taiwan, Malaysia, and Singapore. Today, the Titan Petrochemicals Group is a leading producer of polymers in Asia, employing over 4,000 employees in seven production facilities and various sales offices worldwide. The company's business model is based on the production and sale of polyolefins such as polyethylene and polypropylene, as well as the trading of commodities such as oil and gas. The Titan Petrochemicals Group also operates pipelines and terminals for the storage and transportation of commodities. In the field of polyolefins, the Titan Petrochemicals Group is one of the largest producers in Asia. The company produces various types of polyethylene, including linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE), and low-density polyethylene (LDPE). These are used in the automotive, food, medical, construction, and packaging industries. In addition to polyolefins, the Titan Petrochemicals Group also produces other petrochemical products such as styrene, acrylonitrile, acrylate-butadiene-styrene (ABS), and polycarbonate. These are mainly used in electrical engineering, automotive, and consumer electronics. Another important business area for the company is the trading of commodities such as oil, gas, and petrochemical products. The Titan Petrochemicals Group operates its own fleet of ships to transport commodities and distributes them to customers in Asia, Europe, and the USA. The Titan Petrochemicals Group also operates pipelines and terminals. The company has various pipelines in China, as well as stakes in pipelines in Malaysia and Singapore. The company's terminals are used for the storage of oil, gas, and petrochemical products, as well as loading onto ships and pipelines. Overall, the Titan Petrochemicals Group is a versatile player in the oil and gas industry. The company operates in various segments and has expanded significantly in recent years. With its own production as well as trading and transportation of commodities, the Titan Petrochemicals Group has solidified its position as one of the leading players in Asia. Titan Petrochemicals Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Titan Petrochemicals Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Titan Petrochemicals Group 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 Titan Petrochemicals Group'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 Titan Petrochemicals Group 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 Titan Petrochemicals Group’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 Titan Petrochemicals Group stock

What is the price-to-earnings ratio of Titan Petrochemicals Group?

The price-earnings ratio of Titan Petrochemicals Group is currently 0.08.

How has the price-earnings ratio of Titan Petrochemicals Group changed compared to last year?

The price-to-earnings ratio of Titan Petrochemicals Group has increased by -366.67% 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 Titan Petrochemicals Group high compared to other companies?

Yes, the price-to-earnings ratio of Titan Petrochemicals Group is high compared to other companies.

How does an increase in the price-earnings ratio of Titan Petrochemicals Group affect the company?

An increase in the price-earnings ratio of Titan Petrochemicals Group 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 Titan Petrochemicals Group affect the company?

A decrease in the price-earnings ratio of Titan Petrochemicals Group 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 Titan Petrochemicals Group?

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

How much dividend does Titan Petrochemicals Group pay?

Over the past 12 months, Titan Petrochemicals Group paid a dividend of 0.16 HKD . This corresponds to a dividend yield of about 51.91 %. For the coming 12 months, Titan Petrochemicals Group is expected to pay a dividend of 0 HKD.

What is the dividend yield of Titan Petrochemicals Group?

The current dividend yield of Titan Petrochemicals Group is 51.91 %.

When does Titan Petrochemicals Group pay dividends?

Titan Petrochemicals Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Titan Petrochemicals Group?

Titan Petrochemicals Group paid dividends every year for the past 0 years.

What is the dividend of Titan Petrochemicals Group?

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

In which sector is Titan Petrochemicals Group located?

Titan Petrochemicals Group is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Titan Petrochemicals Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Titan Petrochemicals Group from 6/8/2006 amounting to 0.006 HKD, you needed to have the stock in your portfolio before the ex-date on 5/19/2006.

When did Titan Petrochemicals Group pay the last dividend?

The last dividend was paid out on 6/8/2006.

What was the dividend of Titan Petrochemicals Group in the year 2023?

In the year 2023, Titan Petrochemicals Group distributed 0 HKD as dividends.

In which currency does Titan Petrochemicals Group pay out the dividend?

The dividends of Titan Petrochemicals Group are distributed in HKD.

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Andere Kennzahlen von Titan Petrochemicals Group

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