Xiangyang Automobile Bearing Co Stock

Xiangyang Automobile Bearing Co P/S 2024

Xiangyang Automobile Bearing Co P/S

1.8

Ticker

000678.SZ

ISIN

CNE0000008Z2

As of Aug 11, 2024, Xiangyang Automobile Bearing Co's P/S ratio stood at 1.8, a -8.16% change from the 1.96 P/S ratio recorded in the previous year.

The Xiangyang Automobile Bearing Co P/S history

Xiangyang Automobile Bearing Co Aktienanalyse

What does Xiangyang Automobile Bearing Co do?

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P/S Details

Decoding Xiangyang Automobile Bearing Co's P/S Ratio

Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co stock

What is the price-to-earnings ratio of Xiangyang Automobile Bearing Co?

The price-earnings ratio of Xiangyang Automobile Bearing Co is currently 1.8.

How has the price-earnings ratio of Xiangyang Automobile Bearing Co changed compared to last year?

The price-to-earnings ratio of Xiangyang Automobile Bearing Co has increased by -8.16% 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 Xiangyang Automobile Bearing Co high compared to other companies?

Yes, the price-to-earnings ratio of Xiangyang Automobile Bearing Co is high compared to other companies.

How does an increase in the price-earnings ratio of Xiangyang Automobile Bearing Co affect the company?

An increase in the price-earnings ratio of Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co affect the company?

A decrease in the price-earnings ratio of Xiangyang Automobile Bearing 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 Xiangyang Automobile Bearing Co?

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

How much dividend does Xiangyang Automobile Bearing Co pay?

Over the past 12 months, Xiangyang Automobile Bearing Co paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Xiangyang Automobile Bearing Co is expected to pay a dividend of 0 CNY.

What is the dividend yield of Xiangyang Automobile Bearing Co?

The current dividend yield of Xiangyang Automobile Bearing Co is .

When does Xiangyang Automobile Bearing Co pay dividends?

Xiangyang Automobile Bearing Co pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Xiangyang Automobile Bearing Co?

Xiangyang Automobile Bearing Co paid dividends every year for the past 0 years.

What is the dividend of Xiangyang Automobile Bearing Co?

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

In which sector is Xiangyang Automobile Bearing Co located?

Xiangyang Automobile Bearing Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Xiangyang Automobile Bearing Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xiangyang Automobile Bearing Co from 8/11/2024 amounting to 0 CNY, you needed to have the stock in your portfolio before the ex-date on 8/11/2024.

When did Xiangyang Automobile Bearing Co pay the last dividend?

The last dividend was paid out on 8/11/2024.

What was the dividend of Xiangyang Automobile Bearing Co in the year 2023?

In the year 2023, Xiangyang Automobile Bearing Co distributed 0 CNY as dividends.

In which currency does Xiangyang Automobile Bearing Co pay out the dividend?

The dividends of Xiangyang Automobile Bearing Co are distributed in CNY.

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Andere Kennzahlen von Xiangyang Automobile Bearing Co

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