171.61BMarket Cap44.98P/E (TTM)
39.13High38.37Low412.41KlotVolume38.76Open38.76Pre Close1.60BTurnover0.92%Turnover Ratio58.05P/E (Static)4.47BShares43.4652wk High3.52P/B171.61BFloat Cap24.6052wk Low42.64Limit Up4.47BShs Float141.92Historical High34.88Limit Down1.96%Amplitude-0.14Historical Low0.20Dividend TTM38.80Avg Price184.20KlotAsk0.52%Div YieldTTM100Lot Size215.92KlotBid
China CSSC Stock Forum
Low p/ES are good for most stocks, but not for cyclical stocks. If cyclical companies start to trade at very low p/es, that is probably a sign that they are near the end of their high. Smart investors are already selling stocks to avoid the risk of a sharp fall.
High p/ES are bad for most stocks, but good for companies in cyclical industries. Usually, it means that the company is coming out of the worst of the mess, that business will soon improve and that the stock price is set to rise steadily.
As soon as the economy starts to slump, I focus on these stocks, hoping to invest at the bottom of the cycle. When things couldn't get any worse, things started to get better again. A downtrodden cyclical company will surely return with a strong balance sheet.
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