P/E ratio for China Communications Construction (601800.SS)
P/E ratio as of March 2023 (TTM): 11.8
According to China Communications Construction's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8435. At the end of 2021 the company had a P/E ratio of 8.20.
P/E ratio history for China Communications Construction from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.20 | 2.31% |
| 2020 | 8.01 | 5% |
| 2019 | 7.63 | -20.96% |
| 2018 | 9.65 | -8.76% |
| 2017 | 10.6 | -32.45% |
| 2016 | 15.7 | 10.36% |
| 2015 | 14.2 | -12.77% |
| 2014 | 16.3 | 203.5% |
| 2013 | 5.36 | -22.39% |
| 2012 | 6.91 |
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.