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Toread Holdings Group Co Stock

Toread Holdings Group Co P/S 2024

Toread Holdings Group Co P/S

2.99

Ticker

300005.SZ

ISIN

CNE100000H28

As of Nov 19, 2024, Toread Holdings Group Co's P/S ratio stood at 2.99, a -41.94% change from the 5.15 P/S ratio recorded in the previous year.

The Toread Holdings Group Co P/S history

Toread Holdings Group Co Aktienanalyse

What does Toread Holdings Group Co do?

Toread Holdings Group Co Ltd is a company based in Xiamen, China. It was established in 1999 and has since become one of the leading manufacturers and sellers of outdoor equipment. The group consists of several different companies that specialize in specific areas of the outdoor market. Toread's business model is to offer high-quality and innovative outdoor products at affordable prices. To achieve this goal, the company collaborates closely with designers and specialists to develop products that meet the needs and desires of consumers. One of Toread's main focuses is the production of outdoor clothing, including jackets, pants, shirts, vests, and other accessories. Toread places particular emphasis on using breathable, waterproof, and durable materials such as Gore-Tex and other high-tech fibers. As a result, Toread's products are highly popular among hikers, climbers, and other outdoor enthusiasts. In addition, Toread offers a variety of equipment needed for outdoor activities, including backpacks, tents, sleeping bags, and cooking utensils. Again, all of Toread's products are known for their high quality and functionality. Another important aspect of Toread's business is online commerce. The company operates various online shops and sales platforms through which customers can directly order products. Once again, the focus is on providing high-quality products and reliable customer service. Since its establishment, Toread has continuously grown and become a significant player in the global outdoor market. The company is now present in over 30 countries and has a network of distribution partners and retailers worldwide. Overall, Toread Holdings Group Co Ltd is an innovative and successful company specializing in the production of high-quality and functional outdoor products. With a wide range of products, a dedicated team, and a clear vision for the future, Toread is likely to remain one of the leading brands in the outdoor industry in the years to come. Toread Holdings Group Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Toread Holdings Group Co's P/S Ratio

Toread Holdings Group 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 Toread Holdings Group 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 Toread Holdings Group 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 Toread Holdings Group 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 Toread Holdings Group Co stock

What is the price-to-earnings ratio of Toread Holdings Group Co?

The price-earnings ratio of Toread Holdings Group Co is currently 2.99.

How has the price-earnings ratio of Toread Holdings Group Co changed compared to last year?

The price-to-earnings ratio of Toread Holdings Group Co has increased by -41.94% 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 Toread Holdings Group Co high compared to other companies?

Yes, the price-to-earnings ratio of Toread Holdings Group Co is high compared to other companies.

How does an increase in the price-earnings ratio of Toread Holdings Group Co affect the company?

An increase in the price-earnings ratio of Toread Holdings Group 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 Toread Holdings Group Co affect the company?

A decrease in the price-earnings ratio of Toread Holdings Group 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 Toread Holdings Group Co?

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

How much dividend does Toread Holdings Group Co pay?

Over the past 12 months, Toread Holdings Group Co paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 0.66 %. For the coming 12 months, Toread Holdings Group Co is expected to pay a dividend of 0.08 CNY.

What is the dividend yield of Toread Holdings Group Co?

The current dividend yield of Toread Holdings Group Co is 0.66 %.

When does Toread Holdings Group Co pay dividends?

Toread Holdings Group Co pays a quarterly dividend. This is distributed in the months of August, July, July, August.

How secure is the dividend of Toread Holdings Group Co?

Toread Holdings Group Co paid dividends every year for the past 3 years.

What is the dividend of Toread Holdings Group Co?

For the upcoming 12 months, dividends amounting to 0.08 CNY are expected. This corresponds to a dividend yield of 1.05 %.

In which sector is Toread Holdings Group Co located?

Toread Holdings Group Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Toread Holdings Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Toread Holdings Group Co from 7/3/2024 amounting to 0.024 CNY, you needed to have the stock in your portfolio before the ex-date on 7/3/2024.

When did Toread Holdings Group Co pay the last dividend?

The last dividend was paid out on 7/3/2024.

What was the dividend of Toread Holdings Group Co in the year 2023?

In the year 2023, Toread Holdings Group Co distributed 0 CNY as dividends.

In which currency does Toread Holdings Group Co pay out the dividend?

The dividends of Toread Holdings Group Co are distributed in CNY.

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Andere Kennzahlen von Toread Holdings Group Co

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