China Taiping Insurance
0966.HK
#2347
Rank
A$9.84 B
Marketcap
$2.64
Share price
-3.42%
Change (1 day)
84.13%
Change (1 year)

P/E ratio for China Taiping Insurance (0966.HK)

P/E ratio at the end of 2022: 12.5

According to China Taiping Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 12.5.

P/E ratio history for China Taiping Insurance from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202212.5144.15%
20215.12-32.44%
20207.57-4.66%
20197.94-28.54%
201811.1-37.93%
201717.942.6%
201612.6-5.12%
201513.2-12.85%
201415.2-24.21%
201320.0-15.7%
201223.8-47.01%
201144.9143.18%
201018.4-60.72%
200947.0-223.11%
2008-38.1-301.14%
200719.0-26.27%
200625.7-353.32%
2005-10.2-94.56%
2004-187-594.92%
200337.735.46%
200227.932.11%
200121.1

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.