Aluminum Corporation of China
601600.SS
#1120
Rank
$16.72 B
Marketcap
$1.07
Share price
-0.78%
Change (1 day)
25.93%
Change (1 year)
Categories

P/E ratio for Aluminum Corporation of China (601600.SS)

P/E ratio as of October 2024 (TTM): 122

According to Aluminum Corporation of China's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 122.243. At the end of 2014 the company had a P/E ratio of -5.21.

P/E ratio history for Aluminum Corporation of China from 2003 to 2017

PE ratio at the end of each year

Year P/E ratio Change
2014-5.21
2012-8.41-102.75%
201130677.88%
2010172-503.35%
2009-42.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-8.13-106.65%๐Ÿ‡บ๐Ÿ‡ธ USA
90.6-25.92%๐Ÿ‡บ๐Ÿ‡ธ 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.