China Construction Bank
601939.SS
#64
Rank
$167.74 B
Marketcap
$0.84
Share price
0.18%
Change (1 day)
-12.50%
Change (1 year)

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
20214.93-15.94%
20205.87-14.78%
20196.8910.17%
20186.25-21.88%
20178.0035.29%
20165.91-7.07%
20156.36-11.87%
20147.2251.81%
20134.76-19.16%
20125.88-11.88%
20116.68-18.01%
20108.14-38.49%
200913.238.27%
20089.58-70.69%
200732.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.41 6.31%๐Ÿ‡จ๐Ÿ‡ณ China
4.04-2.57%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.