P/E ratio for CGN Mining Company (1164.HK)
P/E ratio at the end of 2022: 11.2
According to CGN Mining Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1562. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for CGN Mining Company from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | -58.83% |
| 2021 | 27.3 | 79.96% |
| 2020 | 15.2 | 17.15% |
| 2019 | 12.9 | 1.91% |
| 2018 | 12.7 | -84.04% |
| 2017 | 79.6 | 860.11% |
| 2016 | 8.29 | 2.71% |
| 2015 | 8.07 | -113.76% |
| 2014 | -58.7 | -146.8% |
| 2013 | 125 | -16.6% |
| 2012 | 150 | -1727.03% |
| 2011 | -9.24 | -197.03% |
| 2010 | 9.52 | 76.73% |
| 2009 | 5.39 | 29.52% |
| 2008 | 4.16 | -62.07% |
| 2007 | 11.0 | 96.01% |
| 2006 | 5.59 | -53.97% |
| 2005 | 12.2 |
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.