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Zhejiang Yinlun Machinery Co Stock

Zhejiang Yinlun Machinery Co P/E 2024

Zhejiang Yinlun Machinery Co P/E

19.04

Ticker

002126.SZ

ISIN

CNE100000072

As of Nov 9, 2024, Zhejiang Yinlun Machinery Co's P/E ratio was 19.04, a 1.01% change from the 18.85 P/E ratio recorded in the previous year.

The Zhejiang Yinlun Machinery Co P/E history

Zhejiang Yinlun Machinery Co Aktienanalyse

What does Zhejiang Yinlun Machinery Co do?

Zhejiang Yinlun Machinery Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Zhejiang Yinlun Machinery Co's P/E Ratio

The Price to Earnings (P/E) Ratio of Zhejiang Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery Co stock

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

The price-earnings ratio of Zhejiang Yinlun Machinery Co is currently 19.04.

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

The price-to-earnings ratio of Zhejiang Yinlun Machinery Co has increased by 1.01% 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 Yinlun Machinery Co high compared to other companies?

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

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

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

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

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

How much dividend does Zhejiang Yinlun Machinery Co pay?

Over the past 12 months, Zhejiang Yinlun Machinery Co paid a dividend of 0.08 CNY . This corresponds to a dividend yield of about 0.4 %. For the coming 12 months, Zhejiang Yinlun Machinery Co is expected to pay a dividend of 0.09 CNY.

What is the dividend yield of Zhejiang Yinlun Machinery Co?

The current dividend yield of Zhejiang Yinlun Machinery Co is 0.4 %.

When does Zhejiang Yinlun Machinery Co pay dividends?

Zhejiang Yinlun Machinery Co pays a quarterly dividend. This is distributed in the months of June, July, August, June.

How secure is the dividend of Zhejiang Yinlun Machinery Co?

Zhejiang Yinlun Machinery Co paid dividends every year for the past 19 years.

What is the dividend of Zhejiang Yinlun Machinery Co?

For the upcoming 12 months, dividends amounting to 0.09 CNY are expected. This corresponds to a dividend yield of 0.43 %.

In which sector is Zhejiang Yinlun Machinery Co located?

Zhejiang Yinlun Machinery Co is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Zhejiang Yinlun Machinery Co from 5/20/2024 amounting to 0.1 CNY, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.

When did Zhejiang Yinlun Machinery Co pay the last dividend?

The last dividend was paid out on 5/20/2024.

What was the dividend of Zhejiang Yinlun Machinery Co in the year 2023?

In the year 2023, Zhejiang Yinlun Machinery Co distributed 0.08 CNY as dividends.

In which currency does Zhejiang Yinlun Machinery Co pay out the dividend?

The dividends of Zhejiang Yinlun Machinery Co are distributed in CNY.

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Andere Kennzahlen von Zhejiang Yinlun Machinery Co

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