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TradeGo FinTech Stock

TradeGo FinTech P/E 2024

TradeGo FinTech P/E

16.46

Ticker

8017.HK

ISIN

KYG8985W1042

As of Oct 15, 2024, TradeGo FinTech's P/E ratio was 16.46, a -45.17% change from the 30.02 P/E ratio recorded in the previous year.

The TradeGo FinTech P/E history

TradeGo FinTech Aktienanalyse

What does TradeGo FinTech do?

TradeGo FinTech ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering TradeGo FinTech's P/E Ratio

The Price to Earnings (P/E) Ratio of TradeGo FinTech 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 TradeGo FinTech'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 TradeGo FinTech 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 TradeGo FinTech’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 TradeGo FinTech stock

What is the price-to-earnings ratio of TradeGo FinTech?

The price-earnings ratio of TradeGo FinTech is currently 16.46.

How has the price-earnings ratio of TradeGo FinTech changed compared to last year?

The price-to-earnings ratio of TradeGo FinTech has increased by -45.17% 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 TradeGo FinTech high compared to other companies?

Yes, the price-to-earnings ratio of TradeGo FinTech is high compared to other companies.

How does an increase in the price-earnings ratio of TradeGo FinTech affect the company?

An increase in the price-earnings ratio of TradeGo FinTech 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 TradeGo FinTech affect the company?

A decrease in the price-earnings ratio of TradeGo FinTech 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 TradeGo FinTech?

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

How much dividend does TradeGo FinTech pay?

Over the past 12 months, TradeGo FinTech paid a dividend of 0.02 HKD . This corresponds to a dividend yield of about 7.06 %. For the coming 12 months, TradeGo FinTech is expected to pay a dividend of 0.02 HKD.

What is the dividend yield of TradeGo FinTech?

The current dividend yield of TradeGo FinTech is 7.06 %.

When does TradeGo FinTech pay dividends?

TradeGo FinTech pays a quarterly dividend. This is distributed in the months of April, January, February, May.

How secure is the dividend of TradeGo FinTech?

TradeGo FinTech paid dividends every year for the past 3 years.

What is the dividend of TradeGo FinTech?

For the upcoming 12 months, dividends amounting to 0.02 HKD are expected. This corresponds to a dividend yield of 7.06 %.

In which sector is TradeGo FinTech located?

TradeGo FinTech is assigned to the 'Finance' sector.

Wann musste ich die Aktien von TradeGo FinTech kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TradeGo FinTech from 7/1/2024 amounting to 0.018 HKD, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.

When did TradeGo FinTech pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of TradeGo FinTech in the year 2023?

In the year 2023, TradeGo FinTech distributed 0.043 HKD as dividends.

In which currency does TradeGo FinTech pay out the dividend?

The dividends of TradeGo FinTech are distributed in HKD.

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Andere Kennzahlen von TradeGo FinTech

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