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Zhongman Petroleum and Natural Gas Group Corp Stock

Zhongman Petroleum and Natural Gas Group Corp P/S 2024

Zhongman Petroleum and Natural Gas Group Corp P/S

2.24

Ticker

603619.SS

ISIN

CNE100002TK0

As of Sep 8, 2024, Zhongman Petroleum and Natural Gas Group Corp's P/S ratio stood at 2.24, a 29.48% change from the 1.73 P/S ratio recorded in the previous year.

The Zhongman Petroleum and Natural Gas Group Corp P/S 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/S Details

Decoding Zhongman Petroleum and Natural Gas Group Corp's P/S Ratio

Zhongman Petroleum and Natural Gas Group Corp'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 Zhongman Petroleum and Natural Gas Group Corp'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 Zhongman Petroleum and Natural Gas Group Corp'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 Zhongman Petroleum and Natural Gas Group Corp’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 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 2.24.

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 29.48% 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.