According to China Automotive Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.60417. At the end of 2022 the company had a P/E ratio of 8.43.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.43 | 10.08% |
2021 | 7.66 | -118.52% |
2020 | -41.4 | -533.22% |
2019 | 9.55 | -64.79% |
2018 | 27.1 | -444.54% |
2017 | -7.87 | -204.23% |
2016 | 7.55 | 38.46% |
2015 | 5.45 | -11.56% |
2014 | 6.17 | -25.36% |
2013 | 8.26 | 34.79% |
2012 | 6.13 | 250.98% |
2011 | 1.75 | -79.1% |
2010 | 8.36 | -143.77% |
2009 | -19.1 | -370.33% |
2008 | 7.06 | -66.28% |
2007 | 20.9 | -64.78% |
2006 | 59.5 | 31.2% |
2005 | 45.3 | 13.33% |
2004 | 40.0 | -66.37% |
2003 | 119 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Fox Factory Holding FOXF | 9.00 | 149.71% | ๐บ๐ธ USA |
American Axle & Manufacturing AXL | 19.7 | 447.01% | ๐บ๐ธ USA |
Tenneco TEN | -7.01 | -294.61% | ๐บ๐ธ USA |
Dana DAN | -18.5 | -613.29% | ๐บ๐ธ USA |
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.