Aluminum Corporation of China
601600.SS
#1159
Rank
$13.57 B
Marketcap
$0.86
Share price
-0.32%
Change (1 day)
32.31%
Change (1 year)
Categories

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

P/E ratio as of September 2023 (TTM): 98.2

According to Aluminum Corporation of China's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 98.2169. At the end of 2021 the company had a P/E ratio of 21.5.

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
202121.5-83.37%
202012935.13%
201995.71.14%
201894.65.24%
201789.9-57.4%
2016211-58.38%
2015507-9912.9%
2014-5.17-110.7%
201348.3-674.16%
2012-8.41-102.62%
201132194.55%
2010165-491.19%
2009-42.2-100.47%
2008> 100019165.43%
200746.9113.84%
200622.027.78%
200517.2-8.44%
200418.8-64.96%
200353.5-14.05%
200262.36.89%
200158.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
115 16.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.45-103.51%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.