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Zhongman Petroleum and Natural Gas Group Corp Stock

Zhongman Petroleum and Natural Gas Group Corp P/E 2024

Zhongman Petroleum and Natural Gas Group Corp P/E

8.23

Ticker

603619.SS

ISIN

CNE100002TK0

As of Sep 8, 2024, Zhongman Petroleum and Natural Gas Group Corp's P/E ratio was 8.23, a 3% change from the 7.99 P/E ratio recorded in the previous year.

The Zhongman Petroleum and Natural Gas Group Corp P/E history

Zhongman Petroleum and Natural Gas Group Corp Aktienanalyse

What does Zhongman Petroleum and Natural Gas Group Corp do?

Zhongman Petroleum and Natural Gas Group Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Zhongman Petroleum and Natural Gas Group Corp's P/E Ratio

The Price to Earnings (P/E) Ratio of Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp'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 Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp’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 Zhongman Petroleum and Natural Gas Group Corp stock

What is the price-to-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp?

The price-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp is currently 8.23.

How has the price-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp changed compared to last year?

The price-to-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp has increased by 3% 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 Zhongman Petroleum and Natural Gas Group Corp high compared to other companies?

Yes, the price-to-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp is high compared to other companies.

How does an increase in the price-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp affect the company?

An increase in the price-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp affect the company?

A decrease in the price-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp?

Some factors that influence the price-earnings ratio of Zhongman Petroleum and Natural Gas Group Corp are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Zhongman Petroleum and Natural Gas Group Corp pay?

Over the past 12 months, Zhongman Petroleum and Natural Gas Group Corp paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 2.73 %. For the coming 12 months, Zhongman Petroleum and Natural Gas Group Corp is expected to pay a dividend of 0.55 CNY.

What is the dividend yield of Zhongman Petroleum and Natural Gas Group Corp?

The current dividend yield of Zhongman Petroleum and Natural Gas Group Corp is 2.73 %.

When does Zhongman Petroleum and Natural Gas Group Corp pay dividends?

Zhongman Petroleum and Natural Gas Group Corp pays a quarterly dividend. This is distributed in the months of August, November, July, July.

How secure is the dividend of Zhongman Petroleum and Natural Gas Group Corp?

Zhongman Petroleum and Natural Gas Group Corp paid dividends every year for the past 5 years.

What is the dividend of Zhongman Petroleum and Natural Gas Group Corp?

For the upcoming 12 months, dividends amounting to 0.55 CNY are expected. This corresponds to a dividend yield of 2.98 %.

In which sector is Zhongman Petroleum and Natural Gas Group Corp located?

Zhongman Petroleum and Natural Gas Group Corp is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Zhongman Petroleum and Natural Gas Group Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhongman Petroleum and Natural Gas Group Corp from 6/7/2024 amounting to 0.62 CNY, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Zhongman Petroleum and Natural Gas Group Corp pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Zhongman Petroleum and Natural Gas Group Corp in the year 2023?

In the year 2023, Zhongman Petroleum and Natural Gas Group Corp distributed 0.2 CNY as dividends.

In which currency does Zhongman Petroleum and Natural Gas Group Corp pay out the dividend?

The dividends of Zhongman Petroleum and Natural Gas Group Corp are distributed in CNY.

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Andere Kennzahlen von Zhongman Petroleum and Natural Gas Group Corp

Our stock analysis for Zhongman Petroleum and Natural Gas Group Corp 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 Zhongman Petroleum and Natural Gas Group Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.