According to China Eastern Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.16443. At the end of 2018 the company had a P/E ratio of 922.
Year | P/E ratio | Change |
---|---|---|
2018 | 922 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Delta Air Lines DAL | 9.42 | -535.18% | ๐บ๐ธ USA |
SkyWest SKYW | -154 | 7,007.18% | ๐บ๐ธ USA |
Hawaiian Airlines HA | -3.32 | 53.59% | ๐บ๐ธ USA |
China Southern Airlines
600029.SS | -3.24 | 49.72% | ๐จ๐ณ China |
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.