P/E ratio for Beijing Airport (0694.HK)
P/E ratio at the end of 2021: -8.49
According to Beijing Airport's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.43277. At the end of 2021 the company had a P/E ratio of -8.49.
P/E ratio history for Beijing Airport from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -8.49 | -28.57% |
| 2020 | -11.9 | -198.38% |
| 2019 | 12.1 | 11.84% |
| 2018 | 10.8 | -33.76% |
| 2017 | 16.3 | -3.8% |
| 2016 | 17.0 | -6.54% |
| 2015 | 18.1 | 17.85% |
| 2014 | 15.4 | 1.56% |
| 2013 | 15.2 | -13.32% |
| 2012 | 17.5 | 45.25% |
| 2011 | 12.0 | -49.72% |
| 2010 | 24.0 | -61.72% |
| 2009 | 62.6 | -61.76% |
| 2008 | 164 | 269.7% |
| 2007 | 44.3 | 104.07% |
| 2006 | 21.7 | 42.26% |
| 2005 | 15.2 | -12.92% |
| 2004 | 17.5 | -38.6% |
| 2003 | 28.5 | 100.33% |
| 2002 | 14.2 | -26.84% |
| 2001 | 19.5 |
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.