China Eastern Airlines
600115.SS
#1650
Rank
$9.68 B
Marketcap
$0.48
Share price
-2.54%
Change (1 day)
-37.66%
Change (1 year)

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
2018922

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.95-561.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-147 7,458.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.24 67.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.07 58.18%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.