P/E ratio for China Southern Airlines (ZNH)
P/E ratio as of February 2023 (TTM): -10.6
According to China Southern Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.6185. At the end of 2021 the company had a P/E ratio of -5.03.
P/E ratio history for China Southern Airlines from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -5.03 | 0.95% |
| 2020 | -4.98 | -122.99% |
| 2019 | 21.7 | 40.15% |
| 2018 | 15.5 | 37.58% |
| 2017 | 11.2 | 60.51% |
| 2016 | 7.00 | -46.22% |
| 2015 | 13.0 | -18.76% |
| 2014 | 16.0 | 35.5% |
| 2013 | 11.8 | -1.78% |
| 2012 | 12.0 | 95.71% |
| 2011 | 6.15 | 7.43% |
| 2010 | 5.73 | -86.54% |
| 2009 | 42.5 | -2725.2% |
| 2008 | -1.62 | -107.31% |
| 2007 | 22.2 | -79.18% |
| 2006 | 106 | -2050.67% |
| 2005 | -5.46 | -98.35% |
| 2004 | -330 | 747.72% |
| 2003 | -38.9 | -385.14% |
| 2002 | 13.7 | -44.57% |
| 2001 | 24.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Delta Air Lines DAL | 19.0 | -278.75% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 21.7 | -304.71% | 🇺🇸 USA |
 China Eastern Airlines
CEA | -2.90 | -72.73% | 🇨🇳 China |
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.