China Construction Bank
601939.SS
#79
Rank
$160.30 B
Marketcap
$0.97
Share price
0.72%
Change (1 day)
19.75%
Change (1 year)

P/E ratio for China Construction Bank (601939.SS)

P/E ratio as of February 2024 (TTM): 5.12

According to China Construction Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.11668. At the end of 2022 the company had a P/E ratio of 4.40.

P/E ratio history for China Construction Bank from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.40-10.68%
20214.92-16.88%
20205.92-13.96%
20196.8910.17%
20186.25-21.88%
20178.0033.82%
20165.98-5.88%
20156.35-14.12%
20147.4053.63%
20134.81-18.37%
20125.90-12.97%
20116.7887.84%
20103.61-73.44%
200913.641.84%
20089.58

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.96 16.41%๐Ÿ‡จ๐Ÿ‡ณ China
5.65 10.37%๐Ÿ‡จ๐Ÿ‡ณ China

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.