P/E ratio for China Construction Bank (601939.SS)
P/E ratio as of April 2024 (TTM): 5.27
According to China Construction Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.27493. 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 |
|---|---|---|
| 2022 | 4.40 | -10.68% |
| 2021 | 4.92 | -16.88% |
| 2020 | 5.92 | -13.96% |
| 2019 | 6.89 | 10.17% |
| 2018 | 6.25 | -21.88% |
| 2017 | 8.00 | 33.82% |
| 2016 | 5.98 | -5.88% |
| 2015 | 6.35 | -14.12% |
| 2014 | 7.40 | 53.63% |
| 2013 | 4.81 | -18.37% |
| 2012 | 5.90 | -12.97% |
| 2011 | 6.78 | 87.84% |
| 2010 | 3.61 | -73.44% |
| 2009 | 13.6 | 41.84% |
| 2008 | 9.58 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bank of China 601988.SS | 6.15 | 16.56% | 🇨🇳 China |
 Agricultural Bank of China 601288.SS | 6.04 | 14.44% | 🇨🇳 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.