China Everbright Bank
601818.SS
#752
Rank
$22.46 B
Marketcap
$0.45
Share price
0.32%
Change (1 day)
-15.09%
Change (1 year)

P/E ratio for China Everbright Bank (601818.SS)

P/E ratio as of December 2022 (TTM): 3.87

According to China Everbright Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.87333. At the end of 2021 the company had a P/E ratio of 4.68.

P/E ratio history for China Everbright Bank from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20214.68-19.5%
20205.81-10.02%
20196.467.89%
20185.98-5.44%
20176.331.96%
20166.21-8.22%
20156.76-13.38%
20147.8195.9%
20133.98-22.44%
20125.14-19.72%
20116.40-41.07%
201010.9

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.