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Zhejiang Dafeng Industry Co - Stock

Zhejiang Dafeng Industry Co P/E 2024

Zhejiang Dafeng Industry Co P/E

15.26

Ticker

603081.SS

ISIN

CNE100002XV9

As of Jul 3, 2024, Zhejiang Dafeng Industry Co's P/E ratio was 15.26, a -78.24% change from the 70.12 P/E ratio recorded in the previous year.

The Zhejiang Dafeng Industry Co P/E history

Zhejiang Dafeng Industry Co Aktienanalyse

What does Zhejiang Dafeng Industry Co do?

Zhejiang Dafeng Industry Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Zhejiang Dafeng Industry Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Zhejiang Dafeng Industry 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 Zhejiang Dafeng Industry 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 Zhejiang Dafeng Industry 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 Zhejiang Dafeng Industry 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 Zhejiang Dafeng Industry Co Stock

What is the price-to-earnings ratio of Zhejiang Dafeng Industry Co?

The price-earnings ratio of Zhejiang Dafeng Industry Co is currently 15.26.

How has the price-earnings ratio of Zhejiang Dafeng Industry Co changed compared to last year?

The price-to-earnings ratio of Zhejiang Dafeng Industry Co has increased by -78.24% 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 Zhejiang Dafeng Industry Co high compared to other companies?

Yes, the price-to-earnings ratio of Zhejiang Dafeng Industry Co is high compared to other companies.

How does an increase in the price-earnings ratio of Zhejiang Dafeng Industry Co affect the company?

An increase in the price-earnings ratio of Zhejiang Dafeng Industry 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 Zhejiang Dafeng Industry Co affect the company?

A decrease in the price-earnings ratio of Zhejiang Dafeng Industry 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 Zhejiang Dafeng Industry Co?

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

How much dividend does Zhejiang Dafeng Industry Co pay?

Over the past 12 months, Zhejiang Dafeng Industry Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 1.59 %. For the coming 12 months, Zhejiang Dafeng Industry Co is expected to pay a dividend of 0.16 CNY.

What is the dividend yield of Zhejiang Dafeng Industry Co?

The current dividend yield of Zhejiang Dafeng Industry Co is 1.59 %.

When does Zhejiang Dafeng Industry Co pay dividends?

Zhejiang Dafeng Industry Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Zhejiang Dafeng Industry Co?

Zhejiang Dafeng Industry Co paid dividends every year for the past 9 years.

What is the dividend of Zhejiang Dafeng Industry Co?

For the upcoming 12 months, dividends amounting to 0.16 CNY are expected. This corresponds to a dividend yield of 1.71 %.

In which sector is Zhejiang Dafeng Industry Co located?

Zhejiang Dafeng Industry Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Zhejiang Dafeng Industry Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Dafeng Industry Co from 6/15/2023 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 6/15/2023.

When did Zhejiang Dafeng Industry Co pay the last dividend?

The last dividend was paid out on 6/15/2023.

What was the dividend of Zhejiang Dafeng Industry Co in the year 2023?

In the year 2023, Zhejiang Dafeng Industry Co distributed 0.2 CNY as dividends.

In which currency does Zhejiang Dafeng Industry Co pay out the dividend?

The dividends of Zhejiang Dafeng Industry Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Dafeng Industry Co

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