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 |
|---|---|---|
| 2021 | 21.5 | -83.37% |
| 2020 | 129 | 35.13% |
| 2019 | 95.7 | 1.14% |
| 2018 | 94.6 | 5.24% |
| 2017 | 89.9 | -57.4% |
| 2016 | 211 | -58.38% |
| 2015 | 507 | -9912.9% |
| 2014 | -5.17 | -110.7% |
| 2013 | 48.3 | -674.16% |
| 2012 | -8.41 | -102.62% |
| 2011 | 321 | 94.55% |
| 2010 | 165 | -491.19% |
| 2009 | -42.2 | -100.47% |
| 2008 | > 1000 | 19165.43% |
| 2007 | 46.9 | 113.84% |
| 2006 | 22.0 | 27.78% |
| 2005 | 17.2 | -8.44% |
| 2004 | 18.8 | -64.96% |
| 2003 | 53.5 | -14.05% |
| 2002 | 62.3 | 6.89% |
| 2001 | 58.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kaiser Aluminum
KALU | 115 | 16.66% | 🇺🇸 USA |
 Alcoa AA | -3.45 | -103.51% | 🇺🇸 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.