China Communications Construction
601800.SS
#946
Rank
$17.40 B
Marketcap
$1.30
Share price
-2.27%
Change (1 day)
3.17%
Change (1 year)

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

P/E ratio as of December 2022 (TTM): 8.90

According to China Communications Construction's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.89972. 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
20218.202.31%
20208.015%
20197.63-20.96%
20189.65-8.76%
201710.6-32.45%
201615.710.36%
201514.2-12.77%
201416.3203.5%
20135.36-22.39%
20126.91

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.