China Communications Construction
601800.SS
#1005
Rank
$17.62 B
Marketcap
$1.29
Share price
-0.85%
Change (1 day)
-28.73%
Change (1 year)

P/E ratio for China Communications Construction (601800.SS)

P/E ratio as of April 2024 (TTM): 7.98

According to China Communications Construction's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.98447. At the end of 2022 the company had a P/E ratio of 7.39.

P/E ratio history for China Communications Construction from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.39-12.2%
20218.414.28%
20208.072.15%
20197.90-18.19%
20189.65-8.76%
201710.6-33.84%
201616.013.27%
201514.1-12.6%
201416.2199.84%
20135.39-23.77%
20127.07

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.