175.10BMarket Cap45.90P/E (TTM)
39.63High37.72Low842.64KlotVolume38.15Open38.38Pre Close3.26BTurnover1.88%Turnover Ratio59.23P/E (Static)4.47BShares45.9552wk High3.59P/B175.10BFloat Cap24.6052wk Low42.22Limit Up4.47BShs Float141.92Historical High34.54Limit Down4.98%Amplitude-0.14Historical Low0.20Dividend TTM38.65Avg Price375.36KlotAsk0.51%Div YieldTTM100Lot Size426.96KlotBid
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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