What is the price-to-earnings ratio of ZTE?
The price-earnings ratio of ZTE is currently 0.97.
ZTE P/S 2024
ZTE P/S
0.97
ZTE Dividend yield
1.48 %
Ticker
000063.SZ
ISIN
CNE000000TK5
As of May 24, 2024, ZTE's P/S ratio stood at 0.97, a -29.71% change from the 1.38 P/S ratio recorded in the previous year.
The ZTE P/S history
ZTE Aktienanalyse
What does ZTE do?
The ZTE Corporation is a Chinese telecommunications company based in Shenzhen. The company was founded in 1985 and has since become one of the leading providers of hardware and software for the communications industry. ZTE Corp's business model is based on the development, production, and distribution of telecommunications equipment, particularly mobile devices. The company is involved in various segments, ranging from smartphones to network equipment, video surveillance, and Internet of Things solutions. Initially, ZTE Corporation faced difficulties in establishing itself in the international market as Chinese products were generally considered inferior. However, in the late 1990s, it began improving its products and successfully entered the international market. Today, it operates in approximately 160 countries. The mobile division of ZTE Corporation focuses on the production of smartphones, tablets, and other mobile devices. Since 2016, it has been the fourth largest manufacturer of mobile devices worldwide. The company also produces devices for mobile broadband, such as routers. Another important business area is the development of network infrastructure and equipment. ZTE Corporation offers a wide range of solutions for fixed and mobile networks, from base stations and antennas to broadband routers and switches. It works closely with major mobile operators, such as China Mobile. ZTE Corporation has also invested in the field of video surveillance, partly due to poor experiences of Western companies in the Chinese market. To meet the demand for higher quality, quantity, accuracy, and efficiency in surveillance, ZTE provides a range of surveillance cameras, sensors, and analytics software. Another significant division of ZTE Corporation is the Internet of Things (IoT). The company offers a wide range of solutions in this area, from simple smart home devices to industrial facility monitoring. While it is not a major provider of consumer IoT products, it has implemented several IoT end-to-end solutions for business customers. Although ZTE Corporation manufactures most of its products in China, it has sales offices and local branches worldwide. It also collaborates closely with major international telecommunications companies to expand its customer base and enhance its technological capabilities. Overall, ZTE Corporation has established itself as a key player in the telecommunications market and is committed to continuing to offer innovative products and services. ZTE ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding ZTE's P/S Ratio
ZTE'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 ZTE'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 ZTE'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 ZTE’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 ZTE Stock
How has the price-earnings ratio of ZTE changed compared to last year?
The price-to-earnings ratio of ZTE has increased by -29.71% 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 ZTE high compared to other companies?
Yes, the price-to-earnings ratio of ZTE is high compared to other companies.
How does an increase in the price-earnings ratio of ZTE affect the company?
An increase in the price-earnings ratio of ZTE 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 ZTE affect the company?
A decrease in the price-earnings ratio of ZTE 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 ZTE?
Some factors that influence the price-earnings ratio of ZTE are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does ZTE pay?
Over the past 12 months, ZTE paid a dividend of 0.4 CNY . This corresponds to a dividend yield of about 1.48 %. For the coming 12 months, ZTE is expected to pay a dividend of 0.45 CNY.
What is the dividend yield of ZTE?
The current dividend yield of ZTE is 1.48 %.
When does ZTE pay dividends?
ZTE pays a quarterly dividend. This is distributed in the months of September, September, June, June.
How secure is the dividend of ZTE?
ZTE paid dividends every year for the past 0 years.
What is the dividend of ZTE?
For the upcoming 12 months, dividends amounting to 0.45 CNY are expected. This corresponds to a dividend yield of 1.65 %.
In which sector is ZTE located?
ZTE is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von ZTE kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of ZTE from 5/16/2023 amounting to 0.4 CNY, you needed to have the stock in your portfolio before the ex-date on 5/16/2023.
When did ZTE pay the last dividend?
The last dividend was paid out on 5/16/2023.
What was the dividend of ZTE in the year 2023?
In the year 2023, ZTE distributed 0.3 CNY as dividends.
In which currency does ZTE pay out the dividend?
The dividends of ZTE are distributed in CNY.
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Andere Kennzahlen von ZTE
Our stock analysis for ZTE 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 ZTE Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
