China Shenhua Energy
601088.SS
#161
Rank
A$162.22 B
Marketcap
$8.50
Share price
-1.52%
Change (1 day)
33.17%
Change (1 year)

P/E ratio for China Shenhua Energy (601088.SS)

P/E ratio as of November 2024 (TTM): 11.1

According to China Shenhua Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0706. At the end of 2022 the company had a P/E ratio of 7.89.

P/E ratio history for China Shenhua Energy from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.89-11.69%
20218.94-2.2%
20209.148.85%
20198.394.17%
20188.06-21.25%
201710.2-27.77%
201614.2-23.15%
201518.470.91%
201410.856.62%
20136.8917.86%
20125.84-7.8%
20116.34-51.19%
201013.0-43.24%
200922.970.21%
200813.4-76.65%
200757.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.98-55.03%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.