China Railway Group
0390.HK
#821
Rank
$18.20 B
Marketcap
$0.51
Share price
0.00%
Change (1 day)
-1.92%
Change (1 year)

P/E ratio for China Railway Group (0390.HK)

P/E ratio as of September 2022 (TTM): 3.64

According to China Railway Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.64226. At the end of 2021 the company had a P/E ratio of 3.19.

P/E ratio history for China Railway Group from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20213.198.87%
20202.93-35.56%
20194.55-46.93%
20188.5819.8%
20177.16-34.41%
201610.918.77%
20159.19-13.6%
201410.650.65%
20137.06-34.18%
201210.770.94%
20116.28-53.27%
201013.4-17.41%
200916.3-82.09%
200890.8106.78%
200743.9

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.