China Shenhua Energy
601088.SS
#138
Rank
$83.60 B
Marketcap
$4.45
Share price
0.73%
Change (1 day)
27.14%
Change (1 year)

P/E ratio for China Shenhua Energy (601088.SS)

P/E ratio as of October 2022 (TTM): 11.0

According to China Shenhua Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0183. At the end of 2021 the company had a P/E ratio of 23.6.

P/E ratio history for China Shenhua Energy from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202123.6-5.75%
202025.0-7.29%
201927.01.11%
201826.7-10.59%
201729.8-33.62%
201644.9-8.65%
201549.225.27%
201439.319.19%
201332.9-31.22%
201247.9-0.24%
201148.0-17.45%
201058.2

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.