Zhejiang VIE Science & Technology Co Stock

Zhejiang VIE Science & Technology Co P/E 2024

Zhejiang VIE Science & Technology Co P/E

13.13

Ticker

002590.SZ

ISIN

CNE1000013Y3

As of Aug 10, 2024, Zhejiang VIE Science & Technology Co's P/E ratio was 13.13, a -72.99% change from the 48.61 P/E ratio recorded in the previous year.

The Zhejiang VIE Science & Technology Co P/E history

Zhejiang VIE Science & Technology Co Aktienanalyse

What does Zhejiang VIE Science & Technology Co do?

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P/E Details

Deciphering Zhejiang VIE Science & Technology Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Zhejiang VIE Science & Technology 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 VIE Science & Technology 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 VIE Science & Technology 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 VIE Science & Technology 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 VIE Science & Technology Co stock

What is the price-to-earnings ratio of Zhejiang VIE Science & Technology Co?

The price-earnings ratio of Zhejiang VIE Science & Technology Co is currently 13.13.

How has the price-earnings ratio of Zhejiang VIE Science & Technology Co changed compared to last year?

The price-to-earnings ratio of Zhejiang VIE Science & Technology Co has increased by -72.99% 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 VIE Science & Technology Co high compared to other companies?

Yes, the price-to-earnings ratio of Zhejiang VIE Science & Technology Co is high compared to other companies.

How does an increase in the price-earnings ratio of Zhejiang VIE Science & Technology Co affect the company?

An increase in the price-earnings ratio of Zhejiang VIE Science & Technology 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 VIE Science & Technology Co affect the company?

A decrease in the price-earnings ratio of Zhejiang VIE Science & Technology 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 VIE Science & Technology Co?

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

How much dividend does Zhejiang VIE Science & Technology Co pay?

Over the past 12 months, Zhejiang VIE Science & Technology Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 0.66 %. For the coming 12 months, Zhejiang VIE Science & Technology Co is expected to pay a dividend of 0.08 CNY.

What is the dividend yield of Zhejiang VIE Science & Technology Co?

The current dividend yield of Zhejiang VIE Science & Technology Co is 0.66 %.

When does Zhejiang VIE Science & Technology Co pay dividends?

Zhejiang VIE Science & Technology Co pays a quarterly dividend. This is distributed in the months of July, July, August, July.

How secure is the dividend of Zhejiang VIE Science & Technology Co?

Zhejiang VIE Science & Technology Co paid dividends every year for the past 4 years.

What is the dividend of Zhejiang VIE Science & Technology Co?

For the upcoming 12 months, dividends amounting to 0.08 CNY are expected. This corresponds to a dividend yield of 0.66 %.

In which sector is Zhejiang VIE Science & Technology Co located?

Zhejiang VIE Science & Technology Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Zhejiang VIE Science & Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang VIE Science & Technology Co from 6/27/2023 amounting to 0.08 CNY, you needed to have the stock in your portfolio before the ex-date on 6/27/2023.

When did Zhejiang VIE Science & Technology Co pay the last dividend?

The last dividend was paid out on 6/27/2023.

What was the dividend of Zhejiang VIE Science & Technology Co in the year 2023?

In the year 2023, Zhejiang VIE Science & Technology Co distributed 0.085 CNY as dividends.

In which currency does Zhejiang VIE Science & Technology Co pay out the dividend?

The dividends of Zhejiang VIE Science & Technology Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang VIE Science & Technology Co

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