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Zhejiang Canaan Technology Stock

Zhejiang Canaan Technology P/E 2024

Zhejiang Canaan Technology P/E

-113.85

Ticker

300412.SZ

ISIN

CNE100001Y75

As of Aug 9, 2024, Zhejiang Canaan Technology's P/E ratio was -113.85, a 133.73% change from the -48.71 P/E ratio recorded in the previous year.

The Zhejiang Canaan Technology P/E history

Zhejiang Canaan Technology Aktienanalyse

What does Zhejiang Canaan Technology do?

Zhejiang Canaan Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Zhejiang Canaan Technology's P/E Ratio

The Price to Earnings (P/E) Ratio of Zhejiang Canaan Technology 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 Zhejiang Canaan Technology'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 Zhejiang Canaan Technology 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 Zhejiang Canaan Technology’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 Zhejiang Canaan Technology stock

What is the price-to-earnings ratio of Zhejiang Canaan Technology?

The price-earnings ratio of Zhejiang Canaan Technology is currently -113.85.

How has the price-earnings ratio of Zhejiang Canaan Technology changed compared to last year?

The price-to-earnings ratio of Zhejiang Canaan Technology has increased by 133.73% 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 Zhejiang Canaan Technology high compared to other companies?

Yes, the price-to-earnings ratio of Zhejiang Canaan Technology is high compared to other companies.

How does an increase in the price-earnings ratio of Zhejiang Canaan Technology affect the company?

An increase in the price-earnings ratio of Zhejiang Canaan Technology 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 Zhejiang Canaan Technology affect the company?

A decrease in the price-earnings ratio of Zhejiang Canaan Technology 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 Zhejiang Canaan Technology?

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

How much dividend does Zhejiang Canaan Technology pay?

Over the past 12 months, Zhejiang Canaan Technology paid a dividend of 0.04 CNY . This corresponds to a dividend yield of about 1.1 %. For the coming 12 months, Zhejiang Canaan Technology is expected to pay a dividend of 0.04 CNY.

What is the dividend yield of Zhejiang Canaan Technology?

The current dividend yield of Zhejiang Canaan Technology is 1.1 %.

When does Zhejiang Canaan Technology pay dividends?

Zhejiang Canaan Technology pays a quarterly dividend. This is distributed in the months of June, July, June, July.

How secure is the dividend of Zhejiang Canaan Technology?

Zhejiang Canaan Technology paid dividends every year for the past 0 years.

What is the dividend of Zhejiang Canaan Technology?

For the upcoming 12 months, dividends amounting to 0.04 CNY are expected. This corresponds to a dividend yield of 1.1 %.

In which sector is Zhejiang Canaan Technology located?

Zhejiang Canaan Technology is assigned to the 'Health' sector.

Wann musste ich die Aktien von Zhejiang Canaan Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Canaan Technology from 6/9/2022 amounting to 0.035 CNY, you needed to have the stock in your portfolio before the ex-date on 6/9/2022.

When did Zhejiang Canaan Technology pay the last dividend?

The last dividend was paid out on 6/9/2022.

What was the dividend of Zhejiang Canaan Technology in the year 2023?

In the year 2023, Zhejiang Canaan Technology distributed 0.094 CNY as dividends.

In which currency does Zhejiang Canaan Technology pay out the dividend?

The dividends of Zhejiang Canaan Technology are distributed in CNY.

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Andere Kennzahlen von Zhejiang Canaan Technology

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