China Gas
0384.HK
#1708
Rank
$6.93 B
Marketcap
$1.27
Share price
-0.79%
Change (1 day)
-53.82%
Change (1 year)
China Gas is a Chinese natural gas company that distributes natural gas in 273 Chinese cities.

P/E ratio for China Gas (0384.HK)

P/E ratio at the end of 2021: 16.0

According to China Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.91269. At the end of 2021 the company had a P/E ratio of 16.0.

P/E ratio history for China Gas from 2003 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202116.06.29%
202015.0-12.62%
201917.2-26.38%
201823.457.26%
201714.9-39.88%
201624.727.86%
201519.3-17.9%
201423.519.82%
201319.614.8%
201217.1-24.22%
201122.634.03%
201016.8-72.2%
200960.68.39%
200855.9103.63%
200727.510.2%
200624.924.05%
200520.187.36%
200410.7-188.4%
2003-12.1

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.