P/E ratio for China Construction Bank (601939.SS)
P/E ratio as of January 2023 (TTM): 4.15
According to China Construction Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.1469. At the end of 2021 the company had a P/E ratio of 4.93.
P/E ratio history for China Construction Bank from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.93 | -15.94% |
| 2020 | 5.87 | -14.78% |
| 2019 | 6.89 | 10.17% |
| 2018 | 6.25 | -21.88% |
| 2017 | 8.00 | 35.29% |
| 2016 | 5.91 | -7.07% |
| 2015 | 6.36 | -11.87% |
| 2014 | 7.22 | 51.81% |
| 2013 | 4.76 | -19.16% |
| 2012 | 5.88 | -11.88% |
| 2011 | 6.68 | -18.01% |
| 2010 | 8.14 | -38.49% |
| 2009 | 13.2 | 38.27% |
| 2008 | 9.58 | -70.69% |
| 2007 | 32.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of China 601988.SS | 4.41 | 6.31% | 🇨🇳 China |
 Agricultural Bank of China 601288.SS | 4.04 | -2.57% | 🇨🇳 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.