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Xuchang Yuandong Drive Shaft Co Stock

Xuchang Yuandong Drive Shaft Co P/E 2024

Xuchang Yuandong Drive Shaft Co P/E

39.21

Ticker

002406.SZ

ISIN

CNE100000P77

As of Sep 18, 2024, Xuchang Yuandong Drive Shaft Co's P/E ratio was 39.21, a -15.93% change from the 46.64 P/E ratio recorded in the previous year.

The Xuchang Yuandong Drive Shaft Co P/E history

Xuchang Yuandong Drive Shaft Co Aktienanalyse

What does Xuchang Yuandong Drive Shaft Co do?

Xuchang Yuandong Drive Shaft Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Xuchang Yuandong Drive Shaft Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Xuchang Yuandong Drive Shaft Co 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 Xuchang Yuandong Drive Shaft Co'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 Xuchang Yuandong Drive Shaft Co 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 Xuchang Yuandong Drive Shaft Co’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 Xuchang Yuandong Drive Shaft Co stock

What is the price-to-earnings ratio of Xuchang Yuandong Drive Shaft Co?

The price-earnings ratio of Xuchang Yuandong Drive Shaft Co is currently 39.21.

How has the price-earnings ratio of Xuchang Yuandong Drive Shaft Co changed compared to last year?

The price-to-earnings ratio of Xuchang Yuandong Drive Shaft Co has increased by -15.93% 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 Xuchang Yuandong Drive Shaft Co high compared to other companies?

Yes, the price-to-earnings ratio of Xuchang Yuandong Drive Shaft Co is high compared to other companies.

How does an increase in the price-earnings ratio of Xuchang Yuandong Drive Shaft Co affect the company?

An increase in the price-earnings ratio of Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co affect the company?

A decrease in the price-earnings ratio of Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co?

Some factors that influence the price-earnings ratio of Xuchang Yuandong Drive Shaft Co are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Xuchang Yuandong Drive Shaft Co pay?

Over the past 12 months, Xuchang Yuandong Drive Shaft Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 2 %. For the coming 12 months, Xuchang Yuandong Drive Shaft Co is expected to pay a dividend of 0.1 CNY.

What is the dividend yield of Xuchang Yuandong Drive Shaft Co?

The current dividend yield of Xuchang Yuandong Drive Shaft Co is 2 %.

When does Xuchang Yuandong Drive Shaft Co pay dividends?

Xuchang Yuandong Drive Shaft Co pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Xuchang Yuandong Drive Shaft Co?

Xuchang Yuandong Drive Shaft Co paid dividends every year for the past 14 years.

What is the dividend of Xuchang Yuandong Drive Shaft Co?

For the upcoming 12 months, dividends amounting to 0.1 CNY are expected. This corresponds to a dividend yield of 2 %.

In which sector is Xuchang Yuandong Drive Shaft Co located?

Xuchang Yuandong Drive Shaft Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Xuchang Yuandong Drive Shaft Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xuchang Yuandong Drive Shaft Co from 7/9/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Xuchang Yuandong Drive Shaft Co pay the last dividend?

The last dividend was paid out on 7/9/2024.

What was the dividend of Xuchang Yuandong Drive Shaft Co in the year 2023?

In the year 2023, Xuchang Yuandong Drive Shaft Co distributed 0.08 CNY as dividends.

In which currency does Xuchang Yuandong Drive Shaft Co pay out the dividend?

The dividends of Xuchang Yuandong Drive Shaft Co are distributed in CNY.

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Andere Kennzahlen von Xuchang Yuandong Drive Shaft Co

Our stock analysis for Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.