P/E ratio for China Shenhua Energy (601088.SS)
P/E ratio as of April 2024 (TTM): 11.3
According to China Shenhua Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2853. At the end of 2022 the company had a P/E ratio of 7.89.
P/E ratio history for China Shenhua Energy from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.89 | -11.69% |
| 2021 | 8.94 | -2.2% |
| 2020 | 9.14 | 8.85% |
| 2019 | 8.39 | 4.17% |
| 2018 | 8.06 | -21.25% |
| 2017 | 10.2 | -27.77% |
| 2016 | 14.2 | -23.15% |
| 2015 | 18.4 | 70.91% |
| 2014 | 10.8 | 56.62% |
| 2013 | 6.89 | 17.86% |
| 2012 | 5.84 | -7.8% |
| 2011 | 6.34 | -51.19% |
| 2010 | 13.0 | -43.24% |
| 2009 | 22.9 | 70.21% |
| 2008 | 13.4 | -76.65% |
| 2007 | 57.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Vale VALE | 5.64 | -50.04% | 🇧🇷 Brazil |
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.