Bank of Communications
601328.SS
#277
Rank
$63.73 B
Marketcap
$0.94
Share price
-3.41%
Change (1 day)
15.70%
Change (1 year)

P/E ratio for Bank of Communications (601328.SS)

P/E ratio as of June 2024 (TTM): 5.71

According to Bank of Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.71147. At the end of 2022 the company had a P/E ratio of 4.16.

P/E ratio history for Bank of Communications from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.16-0.79%
20214.19-7.39%
20204.53-19.62%
20195.63-4.68%
20185.91-13.45%
20176.825.26%
20166.48-9.4%
20157.16-6.35%
20147.6467.13%
20134.57-18.57%
20125.612.75%
20115.46-31.21%
20107.94-50.73%
200916.197.26%
20088.17-77.31%
200736.0

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.