Transportation Telecommunication & Information Development Inc Ltd Zhejiang Stock

Transportation Telecommunication & Information Development Inc Ltd Zhejiang P/S 2024

Transportation Telecommunication & Information Development Inc Ltd Zhejiang P/S

23.34

Ticker

300469.SZ

ISIN

CNE1000020N1

As of Oct 21, 2024, Transportation Telecommunication & Information Development Inc Ltd Zhejiang's P/S ratio stood at 23.34, a 115.51% change from the 10.83 P/S ratio recorded in the previous year.

The Transportation Telecommunication & Information Development Inc Ltd Zhejiang P/S history

Transportation Telecommunication & Information Development Inc Ltd Zhejiang Aktienanalyse

What does Transportation Telecommunication & Information Development Inc Ltd Zhejiang do?

Transportation Telecommunication & Information Development Inc Ltd Zhejiang ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Transportation Telecommunication & Information Development Inc Ltd Zhejiang's P/S Ratio

Transportation Telecommunication & Information Development Inc Ltd Zhejiang'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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang'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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang'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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang’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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang stock

What is the price-to-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang?

The price-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang is currently 23.34.

How has the price-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang changed compared to last year?

The price-to-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang has increased by 115.51% 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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang high compared to other companies?

Yes, the price-to-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang is high compared to other companies.

How does an increase in the price-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang affect the company?

An increase in the price-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang 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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang affect the company?

A decrease in the price-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang 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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang?

Some factors that influence the price-earnings ratio of Transportation Telecommunication & Information Development Inc Ltd Zhejiang are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Transportation Telecommunication & Information Development Inc Ltd Zhejiang pay?

Over the past 12 months, Transportation Telecommunication & Information Development Inc Ltd Zhejiang paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.07 %. For the coming 12 months, Transportation Telecommunication & Information Development Inc Ltd Zhejiang is expected to pay a dividend of 0 CNY.

What is the dividend yield of Transportation Telecommunication & Information Development Inc Ltd Zhejiang?

The current dividend yield of Transportation Telecommunication & Information Development Inc Ltd Zhejiang is 0.07 %.

When does Transportation Telecommunication & Information Development Inc Ltd Zhejiang pay dividends?

Transportation Telecommunication & Information Development Inc Ltd Zhejiang pays a quarterly dividend. This is distributed in the months of June, July, August, August.

How secure is the dividend of Transportation Telecommunication & Information Development Inc Ltd Zhejiang?

Transportation Telecommunication & Information Development Inc Ltd Zhejiang paid dividends every year for the past 0 years.

What is the dividend of Transportation Telecommunication & Information Development Inc Ltd Zhejiang?

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

In which sector is Transportation Telecommunication & Information Development Inc Ltd Zhejiang located?

Transportation Telecommunication & Information Development Inc Ltd Zhejiang is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Transportation Telecommunication & Information Development Inc Ltd Zhejiang kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Transportation Telecommunication & Information Development Inc Ltd Zhejiang from 7/19/2019 amounting to 0.018 CNY, you needed to have the stock in your portfolio before the ex-date on 7/19/2019.

When did Transportation Telecommunication & Information Development Inc Ltd Zhejiang pay the last dividend?

The last dividend was paid out on 7/19/2019.

What was the dividend of Transportation Telecommunication & Information Development Inc Ltd Zhejiang in the year 2023?

In the year 2023, Transportation Telecommunication & Information Development Inc Ltd Zhejiang distributed 0 CNY as dividends.

In which currency does Transportation Telecommunication & Information Development Inc Ltd Zhejiang pay out the dividend?

The dividends of Transportation Telecommunication & Information Development Inc Ltd Zhejiang are distributed in CNY.

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Andere Kennzahlen von Transportation Telecommunication & Information Development Inc Ltd Zhejiang

Our stock analysis for Transportation Telecommunication & Information Development Inc Ltd Zhejiang 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 Transportation Telecommunication & Information Development Inc Ltd Zhejiang Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.