P/E ratio for China Eastern Airlines (600115.SS)
P/E ratio as of April 2024 (TTM): -1.94
According to China Eastern Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.93923. At the end of 2018 the company had a P/E ratio of 922.
P/E ratio history for China Eastern Airlines from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 922 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Delta Air Lines DAL | 8.99 | -563.81% | 🇺🇸 USA |
 SkyWest SKYW | -145 | 7,364.05% | 🇺🇸 USA |
 Hawaiian Airlines HA | -3.19 | 64.58% | 🇺🇸 USA |
 China Southern Airlines
600029.SS | -3.07 | 58.18% | 🇨🇳 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.