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Tong Yang Industry Co Stock

Tong Yang Industry Co P/E 2024

Tong Yang Industry Co P/E

16.28

Ticker

1319.TW

ISIN

TW0001319002

As of Sep 9, 2024, Tong Yang Industry Co's P/E ratio was 16.28, a 67.66% change from the 9.71 P/E ratio recorded in the previous year.

The Tong Yang Industry Co P/E history

Tong Yang Industry Co Aktienanalyse

What does Tong Yang Industry Co do?

Tong Yang Industry Co Ltd is a South Korean company specializing in the production of car parts. The company was founded in 1985 and is based in Incheon, South Korea. It has become one of the leading providers of car parts in the global market, known for its high quality and reliability. The company's business model is based on the production and sale of car parts to car manufacturers and the aftermarket. It specializes in various sectors, including plastic components, bumpers, fan grilles, as well as body and interior parts. The company's main focus is on plastic components, particularly injection molded parts for the interior and exterior of vehicles. Modern technologies such as gas injection molding are used to produce highly precise and durable parts. The company works closely with car manufacturers to develop customized solutions for each customer. Bumpers are another important sector for Tong Yang Industry Co Ltd. It is one of the leading providers of bumpers in the global automotive market. Bumpers are essential for protecting the vehicle and also contribute to its aesthetic appearance. Therefore, Tong Yang Industry Co Ltd produces bumpers in various designs and colors to meet the individual needs and preferences of customers. In addition to plastic components and bumpers, Tong Yang Industry Co Ltd also produces fan grilles, as well as body and interior parts such as door panels, dashboards, shift knobs, and many more components. All products are manufactured in modern factories and undergo strict quality controls to ensure the highest quality and durability. Tong Yang Industry Co Ltd's products are sold worldwide and can be found in vehicles of the largest car manufacturers. The company works closely with its customers to develop customized solutions and offer products that meet the market's requirements and customers' needs. The focus is always on high quality and reliability. In summary, Tong Yang Industry Co Ltd is a leading provider of car parts and specializes in various sectors. The company produces high-quality plastic components, bumpers, fan grilles, as well as body and interior parts for the global market. All products are focused on the highest quality and durability and are developed closely with customers to offer customized solutions. Tong Yang Industry Co Ltd is a company with a long history and a strong position in the global car parts market. Answer: Tong Yang Industry Co Ltd is a leading provider of car parts and specializes in various sectors. The company produces high-quality plastic components, bumpers, fan grilles, as well as body and interior parts for the global market. All products are focused on the highest quality and durability and are developed closely with customers to offer customized solutions. Tong Yang Industry Co Ltd is a company with a long history and a strong position in the global car parts market. Tong Yang Industry Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Tong Yang Industry Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Tong Yang Industry 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 Tong Yang Industry 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 Tong Yang Industry 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 Tong Yang Industry 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 Tong Yang Industry Co stock

What is the price-to-earnings ratio of Tong Yang Industry Co?

The price-earnings ratio of Tong Yang Industry Co is currently 16.28.

How has the price-earnings ratio of Tong Yang Industry Co changed compared to last year?

The price-to-earnings ratio of Tong Yang Industry Co has increased by 67.66% 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 Tong Yang Industry Co high compared to other companies?

Yes, the price-to-earnings ratio of Tong Yang Industry Co is high compared to other companies.

How does an increase in the price-earnings ratio of Tong Yang Industry Co affect the company?

An increase in the price-earnings ratio of Tong Yang Industry 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 Tong Yang Industry Co affect the company?

A decrease in the price-earnings ratio of Tong Yang Industry 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 Tong Yang Industry Co?

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

How much dividend does Tong Yang Industry Co pay?

Over the past 12 months, Tong Yang Industry Co paid a dividend of 2.5 TWD . This corresponds to a dividend yield of about 2.43 %. For the coming 12 months, Tong Yang Industry Co is expected to pay a dividend of 2.61 TWD.

What is the dividend yield of Tong Yang Industry Co?

The current dividend yield of Tong Yang Industry Co is 2.43 %.

When does Tong Yang Industry Co pay dividends?

Tong Yang Industry Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Tong Yang Industry Co?

Tong Yang Industry Co paid dividends every year for the past 23 years.

What is the dividend of Tong Yang Industry Co?

For the upcoming 12 months, dividends amounting to 2.61 TWD are expected. This corresponds to a dividend yield of 2.54 %.

In which sector is Tong Yang Industry Co located?

Tong Yang Industry Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Tong Yang Industry Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tong Yang Industry Co from 7/17/2024 amounting to 4 TWD, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Tong Yang Industry Co pay the last dividend?

The last dividend was paid out on 7/17/2024.

What was the dividend of Tong Yang Industry Co in the year 2023?

In the year 2023, Tong Yang Industry Co distributed 0.85 TWD as dividends.

In which currency does Tong Yang Industry Co pay out the dividend?

The dividends of Tong Yang Industry Co are distributed in TWD.

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Andere Kennzahlen von Tong Yang Industry Co

Our stock analysis for Tong Yang Industry 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 Tong Yang Industry Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.