Tongtai Machine & Tool Co Stock

Tongtai Machine & Tool Co P/S 2024

Tongtai Machine & Tool Co P/S

0.56

Ticker

4526.TW

ISIN

TW0004526009

As of Sep 17, 2024, Tongtai Machine & Tool Co's P/S ratio stood at 0.56, a 21.74% change from the 0.46 P/S ratio recorded in the previous year.

The Tongtai Machine & Tool Co P/S history

Tongtai Machine & Tool Co Aktienanalyse

What does Tongtai Machine & Tool Co do?

Tongtai Machine & Tool Co Ltd is a Taiwanese company specializing in the manufacturing of CNC machines. It was founded in 1969 as a small craftsman shop with the goal of developing and producing innovative and advanced technologies. Over time, the company has grown into a successful enterprise with multiple subsidiaries and production sites worldwide. The business model of Tongtai Machine & Tool Co Ltd is focused on offering their customers CNC machines tailored to their needs, whether in the aerospace, automotive, medical, or other industries. The company's wide range of products includes vertical machining centers, horizontal drilling and milling machines, lathes, grinding machines, and more. Their portfolio covers virtually every customer need. The company consists of several divisions, all contributing in a specific way to the company's production chain. One example is the research and development department, which focuses on developing the most advanced technologies to further enhance the company's product diversity. Another branch line is the processing of complex CNC machine components to ensure the highest accuracy and quality. Several other departments specialize in maintenance, repairs, and customer support. Tongtai Machine & Tool Co Ltd has established itself as a pioneer and market leader in the industry through the introduction of innovative technologies and machines over the past decades. The company is always dedicated to meeting the demands of their customers and exceeding their expectations, resulting in high customer satisfaction. The company's machines are known and valued worldwide. In summary, Tongtai Machine & Tool Co Ltd is a respected company with a long and successful history in the production and development of advanced CNC machines. Through a combination of a wide product range, efficient production chain, and excellent customer support, the company has established itself as a leader in the industry. Tongtai Machine & Tool Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Tongtai Machine & Tool Co's P/S Ratio

Tongtai Machine & Tool 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 Tongtai Machine & Tool 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 Tongtai Machine & Tool 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 Tongtai Machine & Tool 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 Tongtai Machine & Tool Co stock

What is the price-to-earnings ratio of Tongtai Machine & Tool Co?

The price-earnings ratio of Tongtai Machine & Tool Co is currently 0.56.

How has the price-earnings ratio of Tongtai Machine & Tool Co changed compared to last year?

The price-to-earnings ratio of Tongtai Machine & Tool Co has increased by 21.74% 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 Tongtai Machine & Tool Co high compared to other companies?

Yes, the price-to-earnings ratio of Tongtai Machine & Tool Co is high compared to other companies.

How does an increase in the price-earnings ratio of Tongtai Machine & Tool Co affect the company?

An increase in the price-earnings ratio of Tongtai Machine & Tool 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 Tongtai Machine & Tool Co affect the company?

A decrease in the price-earnings ratio of Tongtai Machine & Tool 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 Tongtai Machine & Tool Co?

Some factors that influence the price-earnings ratio of Tongtai Machine & Tool Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Tongtai Machine & Tool Co pay?

Over the past 12 months, Tongtai Machine & Tool Co paid a dividend of 0.2 TWD . This corresponds to a dividend yield of about 0.53 %. For the coming 12 months, Tongtai Machine & Tool Co is expected to pay a dividend of 0.2 TWD.

What is the dividend yield of Tongtai Machine & Tool Co?

The current dividend yield of Tongtai Machine & Tool Co is 0.53 %.

When does Tongtai Machine & Tool Co pay dividends?

Tongtai Machine & Tool Co pays a quarterly dividend. This is distributed in the months of August, September, August, August.

How secure is the dividend of Tongtai Machine & Tool Co?

Tongtai Machine & Tool Co paid dividends every year for the past 2 years.

What is the dividend of Tongtai Machine & Tool Co?

For the upcoming 12 months, dividends amounting to 0.2 TWD are expected. This corresponds to a dividend yield of 0.53 %.

In which sector is Tongtai Machine & Tool Co located?

Tongtai Machine & Tool Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Tongtai Machine & Tool Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongtai Machine & Tool Co from 8/12/2024 amounting to 0.2 TWD, you needed to have the stock in your portfolio before the ex-date on 7/16/2024.

When did Tongtai Machine & Tool Co pay the last dividend?

The last dividend was paid out on 8/12/2024.

What was the dividend of Tongtai Machine & Tool Co in the year 2023?

In the year 2023, Tongtai Machine & Tool Co distributed 0.2 TWD as dividends.

In which currency does Tongtai Machine & Tool Co pay out the dividend?

The dividends of Tongtai Machine & Tool Co are distributed in TWD.

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Andere Kennzahlen von Tongtai Machine & Tool Co

Our stock analysis for Tongtai Machine & Tool 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 Tongtai Machine & Tool Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.