According to Ping An Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.56938. At the end of 2024 the company had a P/E ratio of 5.56.
Year | P/E ratio | Change |
---|---|---|
2024 | 5.56 | 33.18% |
2023 | 4.17 | -30.23% |
2022 | 5.98 | -38.47% |
2021 | 9.72 | -29.11% |
2020 | 13.7 | 27.46% |
2019 | 10.8 | 62.74% |
2018 | 6.61 | -35.38% |
2017 | 10.2 | 48.4% |
2016 | 6.89 | -11.12% |
2015 | 7.76 | -13.53% |
2014 | 8.97 | 42.11% |
2013 | 6.31 | 6.17% |
2012 | 5.95 | -5.81% |
2011 | 6.31 | -23.47% |
2010 | 8.25 | -45.22% |
2009 | 15.1 | -68.3% |
2008 | 47.5 | 57.71% |
2007 | 30.1 | 41.54% |
2006 | 21.3 | -44.55% |
2005 | 38.4 | -11.71% |
2004 | 43.5 | 9.14% |
2003 | 39.8 | -39.15% |
2002 | 65.5 | 10.48% |
2001 | 59.2 |
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.