P/E ratio for Huaneng Power (600011.SS)
P/E ratio as of June 2024 (TTM): -183
According to Huaneng Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -182.505. At the end of 2022 the company had a P/E ratio of -12.5.
P/E ratio history for Huaneng Power from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -12.5 | -9.76% |
| 2021 | -13.8 | -164.6% |
| 2020 | 21.4 | -70.78% |
| 2019 | 73.3 | -13.44% |
| 2018 | 84.6 | 50.87% |
| 2017 | 56.1 | 441.02% |
| 2016 | 10.4 | 12.82% |
| 2015 | 9.19 | -10.5% |
| 2014 | 10.3 | 52.19% |
| 2013 | 6.75 | -60.31% |
| 2012 | 17.0 | -68.93% |
| 2011 | 54.7 | 175.52% |
| 2010 | 19.9 | 4.15% |
| 2009 | 19.1 | -185.44% |
| 2008 | -22.3 | -174.16% |
| 2007 | 30.1 | 124% |
| 2006 | 13.4 | -1.77% |
| 2005 | 13.7 | -8.38% |
| 2004 | 14.9 | -10.55% |
| 2003 | 16.7 | |
| 2001 | 16.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AES AES | -25.6 | -85.97% | 🇺🇸 USA |
 CMS Energy
CMS | 24.2 | -113.25% | 🇺🇸 USA |
 Eversource Energy ES | 17.0 | -109.33% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.1 | -109.38% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.