Zhejiang VIE Science & Technology Co Stock

Zhejiang VIE Science & Technology Co P/S 2024

Zhejiang VIE Science & Technology Co P/S

1.05

Ticker

002590.SZ

ISIN

CNE1000013Y3

As of Aug 9, 2024, Zhejiang VIE Science & Technology Co's P/S ratio stood at 1.05, a 0.96% change from the 1.04 P/S ratio recorded in the previous year.

The Zhejiang VIE Science & Technology Co P/S history

Zhejiang VIE Science & Technology Co Aktienanalyse

What does Zhejiang VIE Science & Technology Co do?

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P/S Details

Decoding Zhejiang VIE Science & Technology Co's P/S Ratio

Zhejiang VIE Science & Technology 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 VIE Science & Technology 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 VIE Science & Technology 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 VIE Science & Technology 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 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 1.05.

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 0.96% 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 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.