Air China
601111.SS
#1241
Rank
$14.08 B
Marketcap
$1.00
Share price
0.55%
Change (1 day)
-33.33%
Change (1 year)

P/E ratio for Air China (601111.SS)

P/E ratio as of April 2024 (TTM): -2.93

According to Air China 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.93149. At the end of 2022 the company had a P/E ratio of -3.77.

P/E ratio history for Air China from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.77-50.01%
2021-7.555.78%
2020-7.13-134.6%
201920.645.69%
201814.2-37.97%
201722.874.28%
201613.1-16.08%
201515.6-38.48%
201425.473.34%
201314.6-2.47%
201215.041.29%
201110.6-17.74%
201012.9-44.18%
200923.1-534.19%
2008-5.32-105.69%
200793.5

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.