P/E ratio for Bank of Nanjing (601009.SS)
P/E ratio as of April 2025 (TTM): 5.77
According to Bank of Nanjing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.76731. At the end of 2022 the company had a P/E ratio of 5.89.
P/E ratio history for Bank of Nanjing from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.89 | 1.18% |
| 2021 | 5.82 | -1.35% |
| 2020 | 5.90 | -4.51% |
| 2019 | 6.18 | 22.16% |
| 2018 | 5.06 | -28.8% |
| 2017 | 7.10 | -12.47% |
| 2016 | 8.11 | 8.9% |
| 2015 | 7.45 | -3.89% |
| 2014 | 7.75 | 44.68% |
| 2013 | 5.36 | -21.38% |
| 2012 | 6.81 | -20.69% |
| 2011 | 8.59 | -20.47% |
| 2010 | 10.8 | -58.77% |
| 2009 | 26.2 | 146.73% |
| 2008 | 10.6 | -63.99% |
| 2007 | 29.5 |
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.