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Zhejiang Jingu Co Stock

Zhejiang Jingu Co P/S 2024

Zhejiang Jingu Co P/S

1.27

Ticker

002488.SZ

ISIN

CNE100000VN4

As of Nov 16, 2024, Zhejiang Jingu Co's P/S ratio stood at 1.27, a -38.35% change from the 2.06 P/S ratio recorded in the previous year.

The Zhejiang Jingu Co P/S history

Zhejiang Jingu Co Aktienanalyse

What does Zhejiang Jingu Co do?

Zhejiang Jingu Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Zhejiang Jingu Co's P/S Ratio

Zhejiang Jingu 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 Zhejiang Jingu 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 Zhejiang Jingu 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 Zhejiang Jingu 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 Zhejiang Jingu Co stock

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

The price-earnings ratio of Zhejiang Jingu Co is currently 1.27.

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

The price-to-earnings ratio of Zhejiang Jingu Co has increased by -38.35% 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 Jingu Co high compared to other companies?

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

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

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

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

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

How much dividend does Zhejiang Jingu Co pay?

Over the past 12 months, Zhejiang Jingu Co paid a dividend of 0.1 CNY . This corresponds to a dividend yield of about 1.07 %. For the coming 12 months, Zhejiang Jingu Co is expected to pay a dividend of 0.21 CNY.

What is the dividend yield of Zhejiang Jingu Co?

The current dividend yield of Zhejiang Jingu Co is 1.07 %.

When does Zhejiang Jingu Co pay dividends?

Zhejiang Jingu Co pays a quarterly dividend. This is distributed in the months of June, August, November, August.

How secure is the dividend of Zhejiang Jingu Co?

Zhejiang Jingu Co paid dividends every year for the past 2 years.

What is the dividend of Zhejiang Jingu Co?

For the upcoming 12 months, dividends amounting to 0.21 CNY are expected. This corresponds to a dividend yield of 2.3 %.

In which sector is Zhejiang Jingu Co located?

Zhejiang Jingu Co is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Zhejiang Jingu Co from 7/15/2024 amounting to 0.012 CNY, you needed to have the stock in your portfolio before the ex-date on 7/15/2024.

When did Zhejiang Jingu Co pay the last dividend?

The last dividend was paid out on 7/15/2024.

What was the dividend of Zhejiang Jingu Co in the year 2023?

In the year 2023, Zhejiang Jingu Co distributed 0 CNY as dividends.

In which currency does Zhejiang Jingu Co pay out the dividend?

The dividends of Zhejiang Jingu Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Jingu Co

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