P/E ratio for China Resources Beer (0291.HK)
P/E ratio at the end of 2021: 36.2
According to China Resources Beer 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 36.2.
P/E ratio history for China Resources Beer from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 36.2 | -60.75% |
| 2020 | 92.2 | -3.97% |
| 2019 | 96.0 | 26.87% |
| 2018 | 75.7 | 16.9% |
| 2017 | 64.7 | 4.29% |
| 2016 | 62.1 | -900.9% |
| 2015 | -7.75 | -96.53% |
| 2014 | -223 | -793.25% |
| 2013 | 32.2 | 88.93% |
| 2012 | 17.1 | -19.3% |
| 2011 | 21.1 | 61.31% |
| 2010 | 13.1 | -41.31% |
| 2009 | 22.3 | 66.32% |
| 2008 | 13.4 | -15.88% |
| 2007 | 16.0 | -14.52% |
| 2006 | 18.7 | 39.94% |
| 2005 | 13.3 | -20.12% |
| 2004 | 16.7 | 32.68% |
| 2003 | 12.6 | 23.67% |
| 2002 | 10.2 |
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.