China Southern Airlines
ZNH
#952
Rank
$17.96 B
Marketcap
$32.87
Share price
-1.32%
Change (1 day)
4.52%
Change (1 year)

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
2021-5.030.95%
2020-4.98-122.99%
201921.740.15%
201815.537.58%
201711.260.51%
20167.00-46.22%
201513.0-18.76%
201416.035.5%
201311.8-1.78%
201212.095.71%
20116.157.43%
20105.73-86.54%
200942.5-2725.2%
2008-1.62-107.31%
200722.2-79.18%
2006106-2050.67%
2005-5.46-98.35%
2004-330747.72%
2003-38.9-385.14%
200213.7-44.57%
200124.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.0-278.75%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-304.71%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.90-72.73%๐Ÿ‡จ๐Ÿ‡ณ 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.