According to China Motor Bus Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.4733. At the end of 2022 the company had a P/E ratio of 54.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 54.5 | -120.07% |
2021 | -271 | -826.12% |
2020 | 37.4 | 840.01% |
2019 | 3.98 | -15.78% |
2018 | 4.72 | -38.52% |
2017 | 7.68 | -19.79% |
2016 | 9.58 | 15.27% |
2015 | 8.31 | 101.77% |
2014 | 4.12 | -37.79% |
2013 | 6.62 | -10.91% |
2012 | 7.43 | 51.23% |
2011 | 4.91 | -4.29% |
2010 | 5.13 | -37.33% |
2009 | 8.19 | -0.09% |
2008 | 8.20 | 34.08% |
2007 | 6.11 | -7.85% |
2006 | 6.63 | 1.15% |
2005 | 6.56 | -29.77% |
2004 | 9.34 | -53.76% |
2003 | 20.2 | -28.62% |
2002 | 28.3 | 128.82% |
2001 | 12.4 |
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.